The UAE, one of the world's top crude exporters, said a recent UN climate summit in Glasgow was a "success" but that the world needs to keep investing billions in oil and gas.

Abu Dhabi: The UAE, one of the world's top crude exporters, said a recent UN climate summit in Glasgow was a "success" but that the world needs to keep investing billions in oil and gas.
But they failed to secure a consensus to keep coal in the ground, and UN Secretary General Antonio Guterres has warned that "climate catastrophe" is still knocking at the door.

The company said it wanted to move to a more conventional structure to make the company more competitive as it seeks to meet the challenges of shifting toward cleaner energy.

LONDON: Royal Dutch Shell proposed moving its headquarters from the Netherlands to the United Kingdom and streamlining its structure Monday in hopes of making it easier to move forward in a world transitioning away from a dependence on fossil fuels.

The company, which has been incorporated in the U.K. with Dutch tax residency and dual class shares since 2005, said it wanted to move to a more conventional structure to make the company more competitive as it seeks to meet the challenges of shifting toward cleaner energy.

Dutch officials said they were "unpleasantly surprised."

Fuel rates have now remained unchanged for the eighth consecutive day on Friday under the daily price revision mechanism followed by oil marketing companies (OMCs). The price of the fuel largely remained unchanged across the country, but the retail rates varied depending on the level of local taxes.