What kind of market consequences could the EU’s new gas price cap have? The EU has been debating capping natural gas prices for months to prevent wild price swings.
New gas field discovered in UAE On January 3, a new natural gas field was discovered between Abu Dhabi and Dubai, holding 80 trillion standard cubic feet of gas. According to authorities in the United Arab Emirates (UAE), the discovery was made at the new Jebel Ali field, allowing the UAE into being more self-sufficient with
