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Chevron launches $90m venture fund -Upstreamonline.com
"Chevron has launched a fresh $90 million venture capital fund for investing in early- to mid-stage technology providers whose solutions could boost the US supermajor’s operations. "
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Eon chief warns US energy advantage makes Europe uncompetitive - FT.com
"The head of Germany’s largest utility has warned it will be years before Europe can hope to counter the US’s growing advantage in energy costs and predicts that the disparity will meanwhile lead heavy industry to abandon the continent. "
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Gov't tourism initiatives boost UAE hotels in August - Travel & Hospitality - ArabianBusiness.com
"Hotels in Abu Dhabi posted a 31.3 percent growth in revenue per available room (RevPar) in August, a survey of the region's hospitality markets said on Sunday. "
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Why would one ever want to leave the Middle East? Life is just a little bit richer over here.
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