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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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Eight of the fields are located in the southern and eastern provinces of Basra, Missan, Muthanna, Wassit and Diyala, while the ninth is an offshore bloc in Iraqi waters in the Gulf. (File photo)
November 28th, 2017 - 07:27 GMT

Iraq Launches Bids for Nine Oil Fields Along Border With Kuwait, Iran

Oil-producing countries will meet in Vienna on November 30 to take a decision on future oil policy. (AFP/ File)
November 28th, 2017 - 07:13 GMT

Too Soon to Talk of Opec Deal Extension: Saudi Energy Minister

The forum includes the participation of industrial leaders and professionals from across the globe.
November 28th, 2017 - 09:35 GMT

EQUATE Highlights the Arabian Gulf’s Role as a Key Contributor to the Global Petrochemical Industry

The SPC approved ADNOC’s plans for capital expenditure of over AED 400 billion, over the next five years.
November 28th, 2017 - 06:49 GMT

Supreme Petroleum Council Approves Key Strategic Investments as ADNOC Expands 2030 Strategy

Saudi Aramco and petrochemical producer Sabic have signed a deal to build a $20 billion complex to convert crude oil to chemicals. (AFP/ File)
November 27th, 2017 - 11:26 GMT

Saudi Aramco's New Oil-to-Chemicals Complex to Create 30,000 Jobs

Ahmad Bin Shafar, Empower CEO
November 27th, 2017 - 10:12 GMT

Empower CEO and Trane President Discuss Research & Development to Enhance District Cooling Sector

Iraq said on Sunday it plans to build a new pipeline that will ship oil from Kirkuk's oilfields to the Ceyhan port in Turkey. (File photo)
November 26th, 2017 - 02:42 GMT

Iraq Plans New Pipeline to Ship Kirkuk Oil to Turkey

Oman Oil Marketing Company - Port of Duqm Fuel Bunkering
November 26th, 2017 - 10:49 GMT

Oman Oil Marketing Company Begins Fuel Bunkering Services at Port of Duqm

The Adnoc IPO is set to be the biggest listing in the UAE since 2007. (Karim Sahib/ AFP)
November 26th, 2017 - 10:31 GMT

Adnoc Unveils IPO Price Range for Distribution Unit, Official Listing Date

An independent audit has uncovered at least 1 billion barrels of oil offshore Gambia. (AFP/ File)
November 21st, 2017 - 08:00 GMT

African Country Emerges as New Oil Player, With 1 Billion Barrels Capacity

The Abu Dhabi stock market index edged up on Sunday after Adnoc outlined plans for the IPO of its distribution unit. (AFP/ File)
November 21st, 2017 - 06:00 GMT

Stock Markets in Middle East Fell This Week, Except for Abu Dhabi

The company received the certificate as a result of its strong track record of customs compliance and security standards.
November 21st, 2017 - 07:35 GMT

OCTAL Acquires Authorized Economic Operator Certification

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