Brent crude futures LCOc1 were at $51.26 per barrel
Emirates Waste to Energy Company's first project will be a multi-fuel waste-to-energy facility in Sharjah.
Intesa provided a EUR5.2 billion ($5.83 billion) loan to Glencore and the Qatar Investment Authority late last year.
OPEC is debating on Thursday whether to include Nigeria in its pact to restrict oil production.
OPEC and non-member oil producers have extend output cuts to help clear a global stocks overhang and prop up crude prices. Laura Frykberg reports.
The cuts are likely to be shared again by a dozen non-members led by top oil producer Russia
OPEC and non-OPEC oil producers are gearing up to extend output cuts on Thursday
"The most important issue is to regulate and stabilise the market ... and bring inventories down to their five-year average" Venezuela's oil minister Nelson Martinez said
The minister added that a proposal for a nine-month extension with deeper cuts was also on the table.
Oil market had already absorbed a rise in shale oil output, says Kuwaiti oil minister