Demand for group's crude to slide for the rest of the decade.
Demand for group's crude to slide for the rest of the decade.
MCIPS was awarded to recipients during a recent ceremony.
Currencies, forex reserves and govt budgets feel pinch.
Markets flush with cheap oil from Gulf, Russia and Africa
Brent crude had plunged on Monday to $36.33 per barrel, last witnessed on December 24, 2008.
The Dewa has outlined easy steps to install photovoltaic systems and connect it to its grid.
Brent crude for February delivery, the front-month contract from Thursday, fell 20 cents to $37.19 a barrel by 1016 GMT.
The projects are Masdar's second initiative in Mauritania, and focuses on clean energy generation and distribution in remote areas.
The summit titled "Sharing knowledge for a sustainable future", will begin in Dubai today.
Moody's said it expects both prices to rise $5 per barrel in 2017 and 2018, according to the report "Oil and Natural Gas Industry - Global: Threat of Prolonged Oversupply Drives Prices Lower".