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Oil and Renewables

Oil and Renewables latest

Oil rises as gold drops
June 15th, 2026 - 06:13 GMT
P. Choiaqo

P. Choiaqo

Gold surges 2% and oil tumbles down 4% as US-Iran war comes to a close

ALBAWABA - After the peace deal between the US and Iran was announced, oil, which had been steadily decreasing, started dropping in earnest in anticipation of the deal between the two warring nations being signed in Geneva, Switzerland, on Friday. This eased concerns regarding inflation and interest rate hikes, allowing gold to surge 2 percent since this morning. After a lot of tumult and turbulence, it seems that the fear-driven ...
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ENOC Group unveils its pavilion at Expo 2020 Dubai
October 3rd, 2019 - 10:14 GMT

ENOC Unveils Its Pavilion at Expo 2020 Dubai: Visitors Taken on a Compelling Journey to ‘Reimagine Energy’

Last August, the government imposed a new increase in natural gas prices for the fourth time in less than one year
October 3rd, 2019 - 07:00 GMT

Turkey Increases Electricity Prices for 2nd Time in 3 Months

After the attack on the Saudi oil facilities, the Russian oil production was relatively high.
October 2nd, 2019 - 11:30 GMT

Oil Price to Remain Steady on Middle East Tension, Global Downturn

Exports of gasoline and other oil products started in late August
October 1st, 2019 - 11:00 GMT

Iran Plans to Generate $1.5 Billion Monthly Revenues Out of Gasoline Exports

Aramco is planning to select about 15 bookrunners in total
October 1st, 2019 - 10:00 GMT

Saudi Aramco to Pay Base Dividend of $75 Billion in 2020

Abu Dhabi National Oil Company
October 1st, 2019 - 06:58 GMT

ADNOC Distribution Board of Directors Approves Dh1.194 Billion Interim Dividend Payment for First Six Months of 2019

Considering India’s growth potential, the kingdom is eyeing long-term partnerships with New Delhi in key sectors such as oil, gas and mining
September 30th, 2019 - 10:00 GMT

Saudi Arabia to Invest $100 Billion in India’s Petchem Sector

The beneficiary families are among 7,000 households the ministry plans to include in the project by 2020
September 30th, 2019 - 08:00 GMT

Jordan to Install 1st Phase of Solar Project to Power 2,213 Homes

The solar power market in MENA is estimated to be worth more than $20 billion, according to MESIA
September 29th, 2019 - 08:00 GMT

$15 Billion Solar Projects in the Middle East Expected to Be Operational in 5 Years

Iraq held its position as the top oil supplier to India followed by Saudi Arabia.
September 28th, 2019 - 09:00 GMT

India’s Oil Imports From Iraq Jump to a High Record in August

Fatih Birol, Executive Director of the International Energy Agency
September 28th, 2019 - 07:57 GMT

IEA May Cut Its Growth Estimates for Global Oil Demand for 2019 and 2020

Output will reach 960 thousand barrels per day by the end of the week.
September 26th, 2019 - 09:00 GMT

Gas Output Recovers, Stands at 900 Million Standard Cubic Feet in Saudi Arabia

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