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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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Top oil producers, meeting in Abu Dhabi on Sunday, demanded new “strategies” based on production adjustments to deal with market discrepancies between high supply and low demand. (Shutterstock)
November 14th, 2018 - 10:57 GMT

With OPEC Announcing Supply Cuts, Oil Prices Recover

Saudi Aramco, ADNOC Sign Agreement to Invest in Gas Exploration. (Shutterstock)
November 14th, 2018 - 10:44 GMT

Saudi Aramco, ADNOC Sign Agreement to Invest in Gas Exploration

US Imposes New Sanctions on Hezbollah Citing Iraq Relations. (Shutterstock)
November 14th, 2018 - 10:37 GMT

US Imposes New Sanctions on Hezbollah Citing Iraq Relations

U.S. President Donald Trump criticized Saudi Arabia’s announced plan to cut oil production. (Shutterstock)
November 13th, 2018 - 07:36 GMT

Trump Furious Over Saudi Oil Production Cuts Plan

H.E. Mohammed bin Salem bin Said Al Tobi, Minister of Environment and Climate Affairs, SDO & Chris Breeze, Country Chairman, Shell Oman
November 12th, 2018 - 01:11 GMT

In Celebration of Oman’s 48th National Day, Shell Launches 'Barr Al Hikman: Shorebird Paradise in Oman' Book

The Petroleum & Petrochemicals platform has a balanced portfolio of integrated projects and companies, whose activities cover the various stages of the total supply chain of the oil, gas, refining and petrochemical industries. (Shutterstock)
November 12th, 2018 - 08:30 GMT

Mubadala Pumps AED 150 Billion Into Its Oil Investments

Cooperation between OPEC and non-OPEC members will continue till 2020 to ensure a balanced oil market. (Shutterstock)
November 12th, 2018 - 08:17 GMT

OPEC Trying to Sustain Market Confidence Amidst Global Uncertainties

During the event
November 11th, 2018 - 06:31 GMT

Octal Highlights Importance of Competitiveness in Logistics to Create Value Within Supply Chains

The airport official said “some” of the oil providers were informed by internal company decisions, but Fenianos confirmed that none of the providers would be allowed to refuel the sanctioned carriers. (Shutterstock)
November 11th, 2018 - 05:01 GMT

Iranian Airlines Cannot Refuel in Beirut's Airport Due to Sanctions

Iran underlines that the IAEA is the sole competent authority responsible for the verification of the fulfillment of safeguards obligations. (Shutterstock)
November 11th, 2018 - 04:35 GMT

Iran Fights for Right to Develop National Nuclear Fuel Cycle

It is great for oil countries to fix goals and targets, and show the world its commitment to stabilize energy price. (Shutterstock)
November 11th, 2018 - 04:07 GMT

Opinion: Are Arab Oil Producers' Claims of Ability to Increase Production Empty Promises?

"New economic sanctions on Iran do not target Iran's population. They target the Iranian regime's behavior," (Shutterstock)
November 11th, 2018 - 03:50 GMT

Iraq Gets 45-Day Sanctions Waiver Period for Iranian Gas and Electricity Imports, But There Is a Catch

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