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Oil and Renewables

Oil and Renewables latest

US strike on oil tanker dodging the blockade
June 17th, 2026 - 09:05 GMT
P. Choiaqo

P. Choiaqo

US used Iranian smuggling tactic to move oil through Hormuz

ALBAWABA - In an exclusive Reuters report, the U.S. has overseen and supported dozens of secretive ship-to-ship oil transfers, avoiding Iranian blockades and attacks. The method, used by Iran to avoid sanctions and blockades for years, involves transferring cargo between ships to mask its origin. In its simplest form, a ship would hand off its cargo to another ship on the way to the same destination with the transfers taking ...
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Such a shift could anger US President Donald Trump, who urged Opec not to cut supply. (Shutterstock)
November 28th, 2018 - 06:11 GMT

OPEC and Partners Might Cut Oil Production by 1.4 Million bpd

Additionally Sabic has signed a Non-binding Memorandum of Understanding (MoU) with its subsidiary Safco (Saudi Arabian Fertiliser Company), to facilitate the integration of the newly formed company – Sabic Agri-nutrient Investments – with Safco, subject to regulatory and shareholder approval. (AFP)
November 28th, 2018 - 06:06 GMT

Sabic Consolidates All Its Agri-Nutrient Assets

President Sisi tours the Cairo International Exhibition and Conference on Information and Telecommunication Technology. (Cairo ICT 2018)
November 27th, 2018 - 07:36 GMT

According to Sisi, IT Is Egypt's Fuel for Its Developments Program

His Excellency Saif Humaid Al Falasi, Group CEO, ENOC
November 26th, 2018 - 08:51 GMT

ENOC Group Recognised at the Golden Peacock Awards

New phase. ADNOC Group CEO Sultan Ahmed al-Jaber speaks during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), on November 12. (AFP)
November 26th, 2018 - 05:05 GMT

Abu Dhabi Aims to Dominate the Gas Sector With New Fields

The Senate and House have both approved versions of a bill that would authorize the Justice Department to make a case against OPEC. (AFP)
November 25th, 2018 - 06:04 GMT

Trump's Administration Might Sue OPEC for Price Fixing

The Asian nation was among the countries that gained exemptions to keep importing Iranian oil, with a waiver for importing 360,000 barrels a day. (Shutterstock)
November 25th, 2018 - 05:58 GMT

Despite Sanctions, China Green-Lights Iranian Oil Imports

The statement comes at a very sensitive time when the global spotlight is focused on Mohammed bin Salman, the crown prince of Saudi Arabia and the country’s de facto ruler, and on his potential role in the killing of the Saudi journalist Jamal Khashoggi in Istanbul on Oct. 2. (Shutterstock)
November 22nd, 2018 - 05:15 GMT

US, Saudi Relations Must Remain Intact to Keep Oil Prices Low, According to Trump

The Wild Edens project is initiated by Rosatom and broadcast by National Geographic.
November 21st, 2018 - 11:33 GMT

'Wild Edens: Russia' Special Screening Takes Place in Egypt

During the event
November 21st, 2018 - 07:40 GMT

Public Authority for Industry, Equate & NTEC Sign Accord for Renewable Energy Project

Renewed buying comes after the US went back on its pledge to zero Iran’s oil exports and give waivers to eight major clients of the country. (Shutterstock)
November 21st, 2018 - 05:34 GMT

Japan, South Korea to Resume Oil Imports From Iran

Other designated entities include Iran-based Tadbir Kish Medical and Pharmaceutical Company and the Moscow-based Mir Business Bank. (Shutterstock)
November 21st, 2018 - 05:14 GMT

US Launches Sanctions on Iranian and Russian Oil Shippers to Syria

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