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Oil and Renewables

Oil and Renewables latest

ENOC Acting GCEO Quote – 54th Eid Al Etihad 2025
November 28th, 2025 - 07:01 GMT

ENOC Acting GCEO Quote – 54th Eid Al Etihad 2025

: “Eid Al Etihad embodies the founding vision of our nation, a vision built on unity, determination, and collective effort. On the fifty-fourth Eid Al Etihad, ENOC Group renews its commitment to serving the nation and supporting its communities through the “Hand in Hand” initiative under the Year of Community 2025, reaffirming its role in strengthening social cohesion, solidarity, and shared responsibility. As a leading and fully integrated global energy player, our role extends beyond driving economic progress to supporting society in all its diversity. The UAE’s strength lies in ...
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Libya’s overall oil production before the Sharara outage stood at 1.2-1.3 million bpd
July 21st, 2019 - 04:51 GMT

Libya’s Largest Oilfield Has Been Shut Down Since Friday

Saudi Aramco's stake in the joint venture has been trimmed to 20%, while Jacobs Engineering remains at 40%.
July 18th, 2019 - 07:28 GMT

Saudi PIF Acquires 40 Percent Stake in Aramco-Jacobs Venture

Mubadala Petroleum is the operator of both the Andaman I and adjacent South Andaman PSCs.
July 17th, 2019 - 11:08 GMT

Mubadala Petroleum to Farmout a 20% Participating Interest in Both the Andaman I and South Andaman PSCs in Indonesia

Some of these projects have been relaunched and other projects, mainly technical and engineering projects, will start activity soon
July 17th, 2019 - 10:30 GMT

Iran to Earn $5 Billion in Revenues From Electricity, Gas Exports to Iraq

The sector will aim to implement solar power projects with a focus on building local capabilities in line with the Nama Group’s sustainability strategy.
July 17th, 2019 - 08:00 GMT

Oman Issues RfQs for Two Independent Solar Power Projects

The oil tanker is not owned or operated by the UAE and has not sent a distress call.
July 17th, 2019 - 07:30 GMT

US Points Finger at Iran for Seizing Oil Tanker in Strait of Hormuz

The situation is set to improve during the second half, which may only constitute a hiatus before a new wave of non-OPEC production to the tune of 2.1 million bpd hits the markets.
July 16th, 2019 - 09:09 GMT

Oil Markets Brace for Non-OPEC Supply Increase

Within the UK, wind power is the largest source of renewable electricity and the second largest source of renewable energy after biomass.
July 15th, 2019 - 11:50 GMT

Saudi Firm to Invest $1.3 Billion in UK Renewable Energy

During the event
July 15th, 2019 - 10:42 GMT

A Charitable Initiative From the ADNOC Sas Al Nakhl School Brings Together Dh86,000 for the UAE Red Crescent

Brent crude’s price jumped to $66.72 and WTI’s to $60.21 per barrel.
July 14th, 2019 - 09:00 GMT

OPEC: Oil Prices Increasing Despite Bearish Outlook

Non-Opec oil supply is forecast to grow by 2.4 mb/d in 2020, higher than in the current year.
July 13th, 2019 - 10:00 GMT

OPEC: Global Oil Demand in 2020 to Grow by 1.14 Million bpd

They have steadily declined since 2014 as Egypt sought to become a regional energy hub.
July 13th, 2019 - 08:28 GMT

Egypt’s Arrears to Foreign Oil Companies Declined to $900 Million at the End of June

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