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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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Gas will increasingly complement variable renewables, meeting demand in peak periods such as winter in colder climates.
September 12th, 2019 - 12:30 GMT

Global Upstream Gas Capital Expenditure to Reach $737 Billion in 2025

During the event
September 12th, 2019 - 10:38 GMT

DP World, UAE Region's Summer Programme Experiences a 50% Increase in the Number of Participants

Despite the OPEC-led cut, oil has tumbled from April’s 2019 peak above $75
September 12th, 2019 - 09:30 GMT

OPEC Cuts 2020 Oil Demand Forecast Due to Economic Slowdown

North America remains the largest market for O&G PPE and generated $1,831 million in revenues.
September 11th, 2019 - 11:23 GMT

Oil & Gas PPE Market to Reach $7.5 Billion by 2023

During the agreement
September 11th, 2019 - 06:46 GMT

Oman Oil Marketing Company Signs Agreement With Marafi to Supply Bunker Services at Port Sultan Qaboos

Oman Shell - New Country Chairman - Walid Hadi
September 10th, 2019 - 10:48 GMT

Oman Shell Welcomes New Country Chairman, Walid Hadi

During the event
September 10th, 2019 - 10:40 GMT

Equate Group Announces Inauguration of MEGlobal Oyster Creek, TX Site

Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman speaks during the opening ceremony of the 24th World Energy Congress (WEC) in the UAE capital Abu Dhabi on September 9, 2019. In his first comments since being appointed by his father King Salman, the minister signalled no major change in approach in Saudi Arabia, the de facto leader of OPEC which pumps about a third of the cartel's oil.
September 10th, 2019 - 07:18 GMT

Saudi Arabia Plans to Enrich Uranium for Nuclear Power

Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman speaks during the opening ceremony of the 24th World Energy Congress (WEC) in the UAE capital Abu Dhabi on September 9, 2019. In his first comments since being appointed by his father King Salman, the minister signalled no major change in approach in Saudi Arabia, the de facto leader of OPEC which pumps about a third of the cartel's oil.
September 10th, 2019 - 06:44 GMT

New Saudi Energy Minister to Continue a Similar Policy to That of Al-Falih

Prices climbed for a fourth day running on Monday
September 9th, 2019 - 01:30 GMT

Oil Prices Rise as Saudi Arabia Assigns New Energy Minister

The tanker, loaded with Iranian crude oil, was detained off the coast of Gibraltar by the UK navy in early July
September 9th, 2019 - 11:30 GMT

Iran’s Formerly Detained Tanker Sells Oil at Planned Destination

UAE will support any decision taken in consensus within OPEC
September 9th, 2019 - 10:00 GMT

UAE: Oil Producers Committed to Balancing Market

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