UAE, Turkey sign $12-billion deal on power plants

The United Arab Emirates (UAE) and Turkey Thursday signed an inter-governmental agreement worth $12 billion for the development of power plants and associated mines in Afsin-Elbistan region of Turkey.

Abu Dhabi energy firm to buy $1 bn assets from BP Oil&Gas

Abu Dhabi National Energy Company PJSC (TAQA) has agreed to buy assets worth over USD 1 billion from BP oil and gas in the UK North Sea.