New base 740 special 02 december 2015

Copyright © 2015 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 1
NewBase 02 December 2015 - Issue No. 740 Senior Editor Eng. Khaled Al Awadi
NewBase For discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE
UAE is Key Partner in Global Coalitions to Boost Clean Energy
Innovation and Deployment
(WAM)--The United Arab Emirates is joining world leaders to accelerate clean energy innovation
across the globe through Mission Innovation, a multi-billion dollar clean tech initiative, and the
International Solar Alliance, a coalition to advance new solar technologies.
The initiatives, announced at the 21st meeting of the Conference of Parties (COP21) of the United
Nations Framework Convention on Climate Change in Paris, France, reinforce the UAE’s
commitment to climate action.
"The UAE is embracing climate action as an opportunity to advance clean energy solutions
through promising technologies and innovation," said Dr. Sultan Ahmed Al Jaber, UAE Minister of
State and UAE Special Envoy for Energy and Climate Change. "The partnerships announced
further support the UAE’s economic diversification strategy and ensure a pathway toward a
sustainable future."
M ission Innovation, launched by U.S. President Barack Obama, French President Hollande
Francois and Microsoft co-founder Bill Gates, is a global effort including the UAE, to double their
research and development budgets to boost clean energy deployment by 2020. A group of more
than twenty private sector investors have also pledged to provide funding for cooperative projects.
Joining the Mission Innovation launch were Heads of States and key government officials of
participating countries, including the United States, France, United Arab Emirates, India, South
Korea, Saudi Arabia, Indonesia, Japan, Norway, United Kingdom, Brazil and Chile.

Current innovations underway in the UAE include the development of the Middle East’s first
commercial-scale project for carbon, capture and storage, a partnership to produce sustainable
biofuels from desert plants irrigated with seawater and a solar-powered desalination plant.
In a separate but related announcement, Indian Prime Minister Narendra Modi and President
Hollande introduced the International Solar Alliance, a coalition of solar rich countries like the
UAE, United States, Kenya, Chile and Sri Lanka to promote the increased generation and
deployment of solar energy.
"Harnessing solar innovation
supports our efforts to create
knowledge-based sectors
and be competitive in a 21st
century economy," said Dr.
Al Jaber. "It also enables us
to protect the environment
and limit potential risks of
climate change."
The UAE is already investing
in solar energy at home,
establishing the Sheikh
Mohammed bin Rashid Al
Maktoum Solar complex and
the "Shams 1" concentrated
solar power station launched
by Masdar in 2013. The UAE
is also a key investor in solar energy initiatives abroad through Masdar projects such as
Gemasolar, Valle 1 and Valle 2 in Spain.
Through the Masdar Institute for Science
and Technology, the UAE is developing
new competencies and energy solutions.
Recently launched is the Masdar Institute
solar power plant in Masdar City, which is
part of Masdar’s Solar Power Center to
serve as a research and testing platform
for new solar technologies.
The Mission Innovation and International
Solar Alliance announcements build on the
UAE’s ongoing efforts in clean energy
innovation to address climate change and
support the UAE’s "Clean energy is core to
the UAE’s climate action plan where we
set an ambitious target to increase clean
energy to 24 per cent of our total energy
mix by 2021," said Dr. Al Jaber.
The clean energy announcements were made on the first day of COP21, the UN climate
conference in Paris where leaders are expected to finalise a universal, binding agreement on
climate change. Outcomes of the negotiation process will be made public on December 11.
WAM/Majok + images by NewBase

EBRD to spur $1.5b for Egyptian solar industry
Bloomberg + Gulf news
The London-based development bank plans to install about 700 to 800
megawatts of solar energy in Egypt
The European Bank for Reconstruction and Development (EBRD) will invest as much as $500
million (Dh1.8 billion) in utility-scale solar photovoltaic plants in Egypt, with the goal of mobilising
$1.5 billion from the private sector.
The London-based development bank plans to install
about 700 to 800 megawatts of solar energy in Egypt,
starting next year, Harry Boyd-Carpenter, a senior
banker for power and energy utilities at the EBRD, said
in an interview. The main recipient of the EBRD’s funds
will be a 1.8-gigawatt solar park in Benban in the country’s southeast, he said.
Egypt has set a target of generating 20 per cent of its electricity from renewables by 2020. About
90 per cent of its electricity comes from fossil fuels, according to data from Bloomberg New
Energy Finance. A giant gasfield was recently discovered off the coast of the nation in the
Mediterranean Sea by Italian oil major Eni SpA, but the new supply of fuel is not damping clean
energy ambitions, Boyd-Carpenter said.
The Benban solar project will cost about $4 billion to build and will comprise about 40 units, each
with a capacity of 50 megawatts. Other development-finance institutions such as International
Finance Corp., Overseas Private Investment Corp., European Investment Bank, African
Development Bank, Islamic Development Bank are considering investing in the solar park.
“The 1.8 gigawatts will be the most solar PV at one site in the world,” said Jenny Chase, head of
solar analysis at Bloomberg New Energy Finance. “Falling costs of solar panels are a huge factor
in economies of scale like this, there has been a lot of excitement for solar in this region for about
a decade but it hasn’t made economic sense until about now.”
At least 80 clean-energy developers have pre-
qualified to enter Egypt’s renewables market,
including major players such as Enel Green Power
SpA, SunEdison Inc. and EDF Energies Nouvelles
SA. Infrastructure works are under way, with four
substations for the Benban solar park being built at a
cost of $100 million.
The EBRD may be involved in other clean-power
projects besides Benban, Boyd-Carpenter said.
Egypt has outlined plans to install 2 gigawatts of wind energy, 2 gigawatts of utility-scale solar and
300 megawatts of residential solar. The bank has been working with the Egyptian government
since January on the regulatory framework for its renewables industry.
“Egypt has seen three years of tremendous upheaval as well as economic challenges in a
geopolitically delicate region,” Boyd-Carpenter said. “Solar is becoming a solution to the energy
problem because it makes economic sense, on top of the environmental reasons for renewables,
and this is very exciting.”

UAE : Damen Shipyards delivers 2 barges to BINCO
Saudi Cazette
Damen Shipyards Sharjah delivered two barges, a Crane Barge 4920 and an Anti-Pollution Barge
2405, to BINCO, a leading contractor in the Middle East with over 30 years of experience and
active in various sectors such as marine, pipeline and oil tanks, light and heavy vehicle contracting
and industrial services.
This contract marks another milestone in the established relationship between BINCO and Damen
and aims to strengthen services towards Saudi Arabian Chevron, Khafji Joint Operations and
other business partners.
Having previously acquired
two Damen Stan Tugs 1605
and one Damen Stan Tug
3509, BINCO’s choice to
return to Damen was a
combination of the wide
range of products on offer as
well as Damen’s capacity as
a complete package supplier
in the region.
The Crane Barge 4920 is a
heavily constructed, modern,
non-propelled barge, custom
built for BINCO with a four-
point mooring system, a
deck crane and free working
deck space. Damen barges
have a high deck load
capacity and are suitable for a wide range of working environments.
They can be completely custom-built and designed to accommodate to their purpose and usage.
The barge will be used for maintenance and repair jobs in the oil and gas industry, mainly for
floating pipelines. In addition, the barge will be providing modern crew accommodation and
facilities.
While the crane barge is designed to clean and repair pipelines, the simultaneously purchased
anti-pollution barge, will be utilized to contain excess oil pouring out of the pipeline. Both vessels
will be deployed for SPM operations and maintenance work; on inland waters, in harbors, deep
sea and estuaries. The crane barge will be the biggest vessel in BINCO’s fleet to date.
Another advantage for BINCO was the location of Damen Shipyards Sharjah (DSSh) in the United
Arab Emirates (UAE), in the Sharjah Hamriyah Free zone. DSSh is ideally positioned for easy
access to all seven Emirates as well as providing connections to nearby Gulf States closer to the
Straits of Hormuz having a substantial impact with regards to transportation costs.
Located on a 284,000-m? site, the yard is equipped with a 5,200 ton ship lift with a platform
dimension of 120m x 26.5m, together with eight dry berths, a fully enclosed blasting and painting
facility. The newly built construction sheds total 4,500 m? and additional workshops covering
7,500 m? for the various trades active on the site. This state of the art shipyard is ideal for
providing services in the Middle East and beyond.

Russia may freeze work on Turkish Stream gas project
Reuters + Newbase
Russia may freeze work on the Turkish Stream gas pipeline project for several years in retaliation
against Ankara for the shooting down of a Russian air force jet, two sources at Russian gas giant
Gazprom told
Reuters.
The Kremlin has imposed trade sanctions on Turkey over the jet incident last week but so far the
measures have not affected the Russian energy exports to Turkey that are the core of their
economic relationship.
Freezing work on the pipeline – intended to pump Russian gas, via Turkey, into southeastern
Europe while bypassing Ukraine – would have a more symbolic than practical effect because the
project is already beset by delays and doubts over its viability.
Any freeze would also not affect another Russian project to boost gas exports to the north of
Europe. Gazprom is going ahead with plans to expand the Nord Stream pipeline to Germany
despite resistance from several ex-communist states in eastern Europe.
Gazprom sources said no decision had been taken inside the company about changes to the
Turkish Stream schedule in response to the row with Ankara, but said they were awaiting
instructions from President Vladimir Putin.
“We’re expecting that the head of state, in all likelihood, could declare a freezing of Turkish
Stream, or at least some kind of timeout should be announced,” said one Gazprom source, who
spoke on condition of anonymity.
A second source in Gazprom, who also did not want to be identified, said: “We are still hoping that
Turkish Stream will be pushed back by a few years, rather than completely cancelled.”

Russian Economy Minister Alexei Ulyukayev said last month Turkish Stream could be among the
projects affected by sanctions against Turkey, but he did not specify how. Gazprom is pursuing a
strategy of diversifying the routes by which it supplies gas to Europe – its biggest export market –
so that less of the gas passes through Ukraine.
In the past, rows between
Moscow and Kiev have disrupted
transit flows through Ukraine to
the European Union. Russia’s
annexation of Crimea last year
and a rebellion by pro-Moscow
separatists in eastern Ukraine
have made the relations more
fraught, and added urgency to
the search for an alternative.
The project is to involve, initially,
building a new gas pipeline under
the Black Sea to Turkey, and in
subsequent phases the
construction of a further line from
Turkey to Greece, and then
overland into southeastern
Europe.
Even before the row with Ankara, the project had been delayed and reduced in scale, leading
some industry insiders to doubt if it would ever happen. In October, the completion date for the
first phase was pushed back from 2016 to 2017.
Russia abandoned a previous attempt to build a new route to southern Europe after Bulgaria,
where the pipeline was to have made landfall, pulled out under pressure from Brussels. In
September, a group of European companies signed an agreement with Gazprom to expand its
Nord Stream pipeline so that it can deliver increased volumes directly from Russia to Germany,
also without pumping them through Ukraine.
Gazprom, E.ON, BASF /Wintershall , OMV, ENGIE and Royal Dutch Shell form the new
consortium for the project, which is called Nord Stream II and aims to double the route’s annual
capacity to about 100bn cubic metres of gas. The new pipelines are due to start transporting gas
by the end of 2019, according to the consortium.
The plan has met opposition from the US government and some eastern European countries,
which say it allows the Kremlin to squeeze Ukraine out from its role as a transit country.
The pro-Western government in Kiev, in power since street protests overthrew a Moscow-friendly
president last year, earns significant revenues from transit fees.
On May 8, 2015 Gazprom moved
on to the construction stage of the
Turkish Stream offshore gas pipeline.
Gazprom will be solely responsible
for the construction of the offshore
section. Turkish gas transportation
facilities will be built jointly

Cameroon: Sterling Energy provides update on Ntem Concession
Source: Sterling Energy
AIM-listed Sterling Energy has provided an update on the Ntem Concession, offshore
Cameroon.
The Company is aware that Société Nationale des Hydrocarbures ('SNH'), the state oil company
of Cameroon, has included a map on its website that indicates that the Ntem Concession is an
'open block'. Sterling Cameroon is the current holder of the Ntem Concession and disputes the
Ministry and SNH's
rights to re-licence the
concession.
As previously
announced, the
Company declared
force majeure over the
Ntem Concession on 6
May 2014 due to
overlapping maritime
border claims affecting
the Ntem Concession
by the Republic of
Cameroon and the
Republic of Equatorial
Guinea. As a result, the
First Renewal Period
has been suspended
since 6 May 2014 and
therefore the Ntem
Concession has not
expired. In the event
force majeure is lifted,
approxi. 10 months
remain in the First
Renewal Period.
The Company reserves
its rights in relation to the Ntem Concession and does not believe that the Ministry of Industry,
Mines and Technological Development (the "Ministry") and/or SNH have the right to relicence the
Ntem Concession. The Company will continue to seek an appropriate resolution with the Ministry
and SNH given the declaration of force majeure and the subsequent suspension of the First
Renewal Period.
Ntem Background
Sterling Cameroon, a wholly owned subsidiary of the Company, holds a 100% working interest in
and is operator of the Ntem Concession. The minimum work obligations for the First Renewal
Period have been satisfied. The declaration of force majeure arises due to overlapping maritime
border claims affecting the Ntem Concession by the Republic of Cameroon and the Republic of
Equatorial Guinea.

NewBase 2 December - 2015 Khaled Al Awadi
NewBase For discussion or further details on the news below you may contact us on +971504822502 , Dubai , UAE
US crude oil prices dip after unexpected rise in stockpiles
Reuters + NewBase
Crude prices dipped in early Asian trading hours on Wednesday as U.S. stockpiles rose against
expectations, compounding a glut that is seeing hundreds of thousands barrels of oil being
produced every day in excess of demand.
U.S. crude was trading at $41.68 per barrel at 0000 GMT on Wednesday, down 17 cents from its
last settlement and down more than 10 percent since the start of November. Traders said the dip
was due to an unexpected 1.6 million barrels increase in American crude stocks to 489.9 million,
compared with analysts' expectations for a decrease of 471,000 barrels.
The increase will add to
ongoing oversupply which is
seeing between 0.5-2 million
barrels per day of oil being
produced in excess of
demand, leading to an over 60
percent price fall since June
2014.
A meeting by the Organization
of the Petroleum Exporting
Countries (OPEC) this Friday
in Vienna is not expected to
bring a change in the group's
policy, which has seen it keep
output high in an effort to defend market share against other producers like Russia and North
America.
"We expect the current status quo to persist. Saudi Arabia is in no mood to cut output, especially
as a collective cut remains elusive amidst rising financial stress among other major OPEC and key
non-OPEC members," consultancy Energy Aspects said.
One of the supporting factors in oil prices has been demand, especially in Asia where China, the
world's biggest energy consumer, is taking advantage of low prices to build up its strategic
reserves. Barclays bank said that high car sales despite a dip earlier in the year also supported
demand.
"China's implied oil demand growth ... grew at 3.8 percent year-on-year in October (407,000
barrels per day), an improvement relative to the 226,000 barrels per day growth in September,"
Barclays said.
However, it forecast a moderation in consumption over the rest of the year, with 2016 demand
growth expected to average 300,000 barrels per day.
Oil price special
coverage

Russian Oil Output Stays Near Record Level as OPEC Set to Meet
Bloomberg - Stephen Bierman
• November oil output rises from year earlier to 10.779m b/d
• November oil exports fall from month earlier to 5.32m b/d
Share on FacebookShare on Twitter
Russian oil output in November hovered near a post-Soviet record set the previous month,
shrugging off a crude-price slump before OPEC gathers for its annual meeting in Vienna.
Production of crude and gas condensate averaged 10.779 million barrels a day during the month,
according to data from the Energy Ministry’s CDU-TEK unit. That’s an increase of 1.3 percent
from a year earlier and slightly beneath the 10.782 million barrels a day record in October.
The Organization of Petroleum Exporting Countries meets on Dec. 4 to discuss its output limit a
year after it chose to defend market share rather than cut production amid a supply glut. That
decision compounded the price slump as Saudi Arabia pursued a policy that squeezed U.S. shale
producers and other higher-cost output.
Russia, which isn’t a member of OPEC, continues to build output as a weakened ruble reduces
costs for drilling and the nation’s tax system helps compensate for the lower price.
Crude exports reached 5.32 million barrels of oil a day in November, an 11 percent gain from the
previous year and a 2.4 percent decline from the previous month.

NewBase Special Coverage
News Agencies News Release 02 Dec. 2015
Oil production rates to dip in 2016 , says experts
Saudi gazette
The GCC economies will face challenges in the oil market, says Anton Brender, chief economic
officer at Candriam Investors Group, who presented an analysis report on the global economy at
the Economic and Investment Outlook for 2016 conference recently held in Kuwait.
Brender stated that each
country is facing certain
challenges since the global
financial crisis in 2008,
indicating that the GCC
countries will encounter
difficulties in redefining their
growth strategies as oil
prices are low.
The annual conference,
organized by the Kuwait
Investment Company in
cooperation with Candriam
Investors Group, gathered
businessmen, major CEOs,
economic analysts, and
journalists to discuss
economic prospects and investment opportunities for the upcoming year.
Equity fund manager from Kuwait Investment Co. Khalid Alduhaiem said: “It is imperative to
organize this annual event in cooperation with Candriam Investors Group to provide an overview
of economic opportunities for investors.”
Brender further presented two scenarios in which the oil price stands at $55 or goes down to $35,
indicating that the oil production rate will in either case significantly decrease in 2016.
“Increase in oil production and falling of oil prices aimed to push the US out of the oil production
market has proved difficult,” he said. “With the price at $55, the US Shale oil production falls very
slowly. If the oil price would go up to $75, the Shale oil price will move up very quickly. If the oil
price goes down to $35, then Shale oil production is going to be depressed in the US and that will
make some room for the OPEC countries to put more oil in the market.”
In addition, he said, “The increase in production has been absorbed by a huge increase in
inventories which will weigh in the market in the years to come.”
Due to the huge excess of supply in inventories during the last years, “the key problem is to adjust
the level of inventories in the near term”.
Anton Brender chief economic officer at Candriam Investors
Group speaks at Economic and Investment Outlook for 2016
conference in Kuwait

Saudi Arabia has very high break-even prices as opposed to Kuwait, UAE, and Qatar. In addition
to slowdown in growth in the upcoming years in Saudi Arabia, fiscal deficits will remain for a while.
“It’s a challenge for the GCC economies as it is for other emerging countries to redefine their
growth strategies relying
less on oil income,” said
Brender. He added that it
is in OPEC as well as
Saudi Arabia’s interest to
increase the oil price.
On emerging countries
since the global financial
crisis, Brender said,
“There was an excess in
borrowing in the
developed world before
the crisis. It has been
replaced by an excess of
borrowing in the
emerging part of the
world after the crisis”.
The world is currently
witnessing an adjustment of the pace of borrowing in most emerging countries in order to support
growth and avoid unsustainability, especially in China where the excess borrowing has been the
biggest, he said.
With the exception of India, most emerging countries have been going heavily into debt, he added.
China, in particular, is faced with the challenge of rebounding its economy.
Since a large number of trading partners depreciated against the US dollar simultaneously this
year, there has been weak depreciation in most emerging countries.
Interest rates will stay low in the global economy and rates of growth will be underperforming
compared to the past years, he said.
Florence Pisani, economist at Candriam, said the US economy will continue to witness growth in
2016, adding that investment is increasing steadily yet the power of the US dollar will restrain the
rate of growth. However, that will not affect the consumer power of the US market, which will
witness a 2.4 percent increase in GDP in the upcoming year.
As for the Eurozone, the economy will be driven by consumption, which will consequently
generate improvement in the labor market. The Eurozone is expected to witness a 1.9 percent
increase in GDP by 2016.

Turning Exxon's Tiger Into Joe Camel Is Climate Camp's Gameplan
Bloomberg - Alex Nussbaum
A cartoon circulating on Twitter carries a warning for the oil industry. There’s Joe Camel, retired
tobacco spokes-animal, suave as ever in a tuxedo, cigarette dangling from his smiling snout. In
his hand, a pack of smokes with a twist -- an Exxon Mobil Corp. logo on the wrapper. “Big Oil: The
New Big Tobacco,” reads the caption.
Activists have been urging
investors for years to pull
money out of the fossil-
fuel producers blamed for
much of the world’s
warming. Joe Camel’s
new role shows the
movement has an even
broader target: not just the
industry’s money, but its
reputation. With envoys
gathered in Paris this
week for a United Nations
summit on climate change,
there are signs -- from
coal-plant closures to
thedeath of the Keystone
XL pipeline -- that the
effort is bearing fruit.
“That pariah status is
growing,” Bill McKibben, a
founder of climate
advocacy group 350.org,
said in an interview. “The
fossil-fuel industry remains
incredibly strong -- they
are super-rich -- but they
are not so invincible as
they thought they were.”
The Paris talks got under
way Monday with more
than 150 world leaders vowing to speed the world’s shift away from fossil fuels. In one of the
opening acts, the U.S. and about 40 other countries pledged to cut billions of dollars in industry
subsidies.
Legal Front
New York State Attorney General Eric Schneiderman has opened another front with an
investigation into whether Exxon misled investors by supporting groups that question the danger
of climate change, even as its own scientists briefed executives on the risks. Schneiderman has
subpoenaed documents from Exxon, the world’s biggest oil explorer, dating back to the 1970s,

according to a person familiar with the probe. Those allegations inspired the Joe Camel cartoon
and an #ExxonKnew campaign that’s burgeoned online in the run-up to Paris.
Scott Silvestri, an Exxon spokesman, said allegations the company suppressed climate research
are “inaccurate distortions.” Exxon has worked with government and academics to develop
climate science “in an open and transparent manner” for more than 40 years, he said in a phone
interview. That includes some 150 public research papers, he said.
Exxon acknowledges the risks of climate change and sees calls for divestment as “a diversion,”
Silvestri said. “In view of the monumental scale of the world’s energy needs, solutions are not
easy and they’re going to take time, huge investments and thoughtful policies.”
Risk Premium
Exxon and oil-industry peers have softened their stance on greenhouse-gas limits over the years.
The company now supports a carbon tax and, like rivals, has invested in more climate-friendly
natural gas.
The prospect of widening investigations may still add a risk premium to fossil-fuel stocks, said
Gregory Elders, a Bloomberg Intelligence analyst.
“Even if proving wrongdoing is unlikely, the damage may be the uncertainty cast over coal, oil and
gas,” Elders wrote in a Nov. 9 report. Energy and utility stocks have been the worst performers
this year, he said. Moreover, the challenge is more comprehensive than in the case of tobacco,
since divestment campaigners are arguing for the end of an industry rather than just a more tightly
regulated one, Elders said in an interview.
As of November, money managers controlling trillions of dollars in assets had committed to keep
out of fossil-fuel companies, according to Elders. The list has grown in the last year to include
French insurance giant Axa SA, Norway’s $900 billion sovereign wealth fund, the Church of
England and California’s state pension funds.

While such pledges probably have little impact on companies’ financial health, they contribute to a
political climate that’s getting stormier for fossil fuels, said Katie Bays, an energy specialist at
Height Securities in Washington.
Companies that burn or mine coal have faced the most pushback, with power stations shuttered
by new regulations or lawsuits.
‘Sea Change’
“You’ve gotten these incremental changes because of the political sea change that we’re seeing,”
Bays said.
Divestment gathered steam after a low-point for U.S. climate advocacy in 2010, when Congress
killed a cap-and-trade bill supported by President Barack Obama. Activists decided they needed
to challenge the industry’s legitimacy, not just push legislation. They took inspiration from the anti-
apartheid movement of the 1980s, as well as the tobacco wars, McKibben said.
“The financial community increasingly understands we’re entering a new realm for fossil fuels
where it is a dangerous asset and past performance is no guide to its future prospects,” he said.
“The message was that on rare occasions, there are some companies that go rogue and those
companies have to be treated differently.”
In the U.S., a decades-long anti-tobacco campaign culminated with a legal settlement in 1998
between 46 states and the biggest cigarette makers, which required the companies to pay at least
$206 billion to cover public health costs. Nine years later, a federal court found the industry guilty
of a “massive, 50-year effort to defraud the public” by hiding the dangers of smoking, and ordered
new warnings on tobacco products.
Public Opinion
Tobacco stocks mostly shrugged off the assault, helped by growing sales in developing countries.
Since the 2006 judgment, Philip Morris parent Altria Group Inc. and R.J. Reynolds’ parent have
seen their shares almost triple -- while the Standard & Poor’s 500 Index gained about 60 percent.
By another metric -- public opinion -- the case against tobacco has hit home. Polls suggest mixed
results for U.S. climate campaigners on that front. Two-thirds of Americans see global warming as
a serious problem and about half, 47 percent, say the government should do more about it,
according to a Nov. 30 Washington Post-ABC News poll. But both figures have declined in the
past few months.
Meanwhile, the oil industry’s approval ratings have edged higher in recent years as gasoline
prices fell. Still, 47 percent have a negative view of it, according to an August survey by Gallup.

For discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE
Your partner in Energy Services
NewBase energy news is produced daily (Sunday to Thursday) and sponsored by Hawk Energy Service –
Dubai, UAE.
For additional free subscription emails please contact Hawk Energy
Khaled Malallah Al Awadi,
Energy Consultant
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME member since 1995
Hawk Energy member 2010
Mobile: +97150-4822502
khdmohd@hawkenergy.net
khdmohd@hotmail.com
Khaled Al Awadi is a UAE National with a total of 25 years of experience in
the Oil & Gas sector. Currently working as Technical Affairs Specialist for
Emirates General Petroleum Corp. “Emarat“ with external voluntary Energy
consultation for the GCC area via Hawk Energy Service as a UAE
operations base , Most of the experience were spent as the Gas Operations
Manager in Emarat , responsible for Emarat Gas Pipeline Network Facility &
gas compressor stations . Through the years, he has developed great
experiences in the designing & constructing of gas pipelines, gas metering & regulating stations
and in the engineering of supply routes. Many years were spent drafting, & compiling gas
transportation, operation & maintenance agreements along with many MOUs for the local
authorities. He has become a reference for many of the Oil & Gas Conferences held in the UAE
and Energy program broadcasted internationally, via GCC leading satellite Channels.
NewBase : For discussion or further details on the news above you may contact us on +971504822502 , Dubai , UAE
NewBase 02 December 2015 K. Al Awadi

New base 740 special 02 december 2015

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