David Fickling

1 week ago | straitstimes.com | David Fickling

UNITED ARAB EMIRATES – Think of the most important markets for electric vehicles (EVs) and you will have a list of the usual suspects: Norway, China, Germany, the United Kingdom. But Dubai? It seems improbable, but the second-biggest exporter in the Organisation of Petroleum Exporting Countries (Opec) deserves a place alongside those other markets. Fully-electric vehicles comprised 10 per cent of the value of cars imported into the United Arab Emirates (UAE) in 2024, according to trade data.

1 week ago | bloomberg.com | David Fickling

The kneejerk response to Spain’s massive power cut in April led to some spurious claims. (Bloomberg Opinion) -- Confronted by an unprecedented and alarming situation, it can be hard to resist simplistic explanations. Blaming thunder and lightning on warring gods, as the ancients did, misses the real reason: that clouds can build up electrical voltages thousands of times higher than you’ll find in a power line. It’s a similar situation with the problems that can occur in power lines themselves.

1 week ago | news.bloomberglaw.com | David Fickling

Confronted by an unprecedented and alarming situation, it can be hard to resist simplistic explanations. Blaming thunder and lightning on warring gods, as the ancients did, misses the real reason: that clouds can build up electrical voltages thousands of times higher than you’ll find in a power line. It’s a similar situation with the problems that can occur in power lines themselves.

1 week ago | bloomberg.com | David Fickling

A Tesla drives past skyscrapers in Dubai’s Marina district. (Bloomberg Opinion) -- Think of the most important markets for electric vehicles, and you’ll have a list of the usual suspects: Norway, China, Germany, the UK. But Dubai? It seems improbable, but OPEC’s second-biggest exporter deserves a place alongside those other markets. Fully-electric vehicles comprised 10% of the value of cars imported into the United Arab Emirates last year, according to trade data.

1 week ago | businesstimes.com.sg | David Fickling

WHAT is an oil producer to do when it sees its core product under threat from declining demand and a war-torn neighbourhood? Just ask Abu Dhabi National Oil Co (Adnoc). The US$19 billion all-cash bid for Australian gas producer Santos on Monday (Jun 16) from a consortium led by the state-owned United Arab Emirates business is one answer to the question. Adnoc has been on a shopping spree for gas assets in recent years.