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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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Ahmad Bin Shafar, CEO of Empower
June 27th, 2018 - 11:05 GMT

Empower Organises Blood Donation Drive

The official said a U.S. delegation would head to the Middle East next week to encourage Gulf oil producers to ensure global oil supplies as Iran is cut out of the market as of November. (Shutterstock)
June 27th, 2018 - 10:46 GMT

US Pushing Allies to Stop Iran Oil Imports

Qatar currently produces 600,000 bpd in May, down from 620,000 bpd in April, according to the latest S&P Global Platts OPEC survey. (Shutterstock)
June 27th, 2018 - 09:28 GMT

Qatar Petroleum to Raise Oil Output by 30,000 bpd

Eni revealed almost three years ago that it had found one of the world’s biggest gas fields offshore, called Zohr. (AFP)
June 27th, 2018 - 07:21 GMT

Is Egypt About to Announce Another Big Gas Find?

Kirill Dmitriev, Chief Executive Officer of the Russian Direct Investment Fund, speaks during a session of the St. Petersburg International Economic Forum (SPIEF) in Russia on Monday. (Saudi Gazette)
June 26th, 2018 - 09:46 GMT

Saudi-Russian Oil Cooperation to Stabilize Market

The world’s biggest exporter is pumping 10 million barrels a day and has the capacity to produce two million more. (CPI Financial)
June 26th, 2018 - 08:45 GMT

Aramco CEO Pledges to Meet Oil Demand After OPEC Strikes a Deal

Compared to the UAE, prices in the Nordic states such as Norway and Sweden are higher by nearly 250 per cent and 220 per cent, respectively. (File/Photo)
June 25th, 2018 - 12:24 GMT

UAE Fuel Prices Among Lowest in the World

OPEC, Russia agree to raise output from July. (AFP)
June 24th, 2018 - 12:39 GMT

Saudi Arabia Pledges ‘Measurable’ Oil Supply Boost

There are different views on how much to increase production and whether such a move should be gradual. (Shutterstock)
June 21st, 2018 - 06:50 GMT

Saudi Arabia Struggles for Gulf Oil Producers' Support Ahead of OPEC Meeting

This year’s outlook is the first to highlight the huge impact that falling battery costs will have on the electricity mix over the coming decades. (Shutterstock)
June 21st, 2018 - 06:18 GMT

Batteries Boom Enables World to Get Half of Electricity From Wind and Solar by 2050

The 1,350 square-meter complex will provide customers with tire change, carwash, oil change, battery and brake replacement, and air condition repair services.
June 20th, 2018 - 10:16 GMT

ADNOC Distribution Expands Vehicle Inspection Facilities Across the UAE

The first Innovation Award was won by Empower for the “360° Solution for Metering Artificial Intelligence (AIMS 360°)”.
June 19th, 2018 - 11:57 GMT

Empower Receives Four Awards at Idea Annual Conference & Tradeshow 2018, at Vancouver, Canada

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