Dubai’s Emirates National Oil Company announced it has secured US$690 million in funding from a Chinese bank consortium, Xinhua reported. The funding came from a consortium comprising of the Industrial and Commercial Bank of China, the Agricultural Bank of China, and China Construction Bank, which will help ENOC finance its general corporate activities. “With rapid changes in the evolving energy industry, there is a global shift towards alternative energy, innovation and digitization,” said Saif Al Falasi, the group chief executive of ENOC. “We are forerunners in the areas of innovation and technology in the ... (full story)