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Oil and Renewables

Oil and Renewables latest

Italy and Libya Sign Landmark Agreements to Strengthen Health and Energy Sectors
January 18th, 2026 - 05:09 GMT

Italy and Libya Sign Landmark Agreements to Strengthen Health and Energy Sectors

In a key advancement for Italy-Libya bilateral relations, comprehensive agreements were formally signed today in Benghazi between prominent Italian partners San Donato Group, GKSD, and the Libya Reconstruction and Development Fund. The landmark partnership establishes a robust framework for modernizing Libya's health and energy sectors through the deployment of Italian expertise, ambitious capacity building initiatives, and sustainable cooperation mechanisms designed to create lasting institutional transformation. The high-profile signing ceremony, which took place in Benghazi on Friday, brought together senior officials and business leaders from both nations to witness what many ...
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Oil prices jumped after Saudi Arabia, Egypt, the UAE and Bahrain cut ties with Qatar on Monday. (AFP)
June 5th, 2017 - 11:29 GMT

Oil Prices Jump as Saudi Arabia Cuts Ties With Qatar

Saudi Aramco is preparing to sell 5 percent of its shares in an IPO scheduled in the second half of 2018. (Photo courtesy of Saudi Aramco)
June 4th, 2017 - 11:00 GMT

Bahrain's Mumtalakat Eyes Share in Saudi Aramco IPO

The wind farm is expected to generate around 50 megawatt electricity from its planned farm at Harweel in Dhofar. (Pixabay)
May 31st, 2017 - 09:28 GMT

Oman to Launch Its First Large-Scale Wind Farm in 2020

The station is equipped with a floating dock and flood spot lights to help provide a secure and efficient night-time service.
May 31st, 2017 - 07:26 GMT

ADNOC Distribution opens two new service stations in Abu Dhabi and Ras Al Khaimah

Oman Oil Marketing Company - ahlain Rewards Awards Final Draw
May 30th, 2017 - 06:22 GMT

Oman Oil Marketing Company concludes its Ahlain Campaign

Remarkable leap in crude oil prices are not expected for the rest of 2017. (File photo)
May 25th, 2017 - 11:21 GMT

Oil Prices Won't Be Affected by OPEC Cut Extension: Experts

OPEC members decide to extend the oil production cut. (AFP/ File)
May 25th, 2017 - 10:53 GMT

OPEC Extends Oil Cuts for Another Nine Months

OPEC members will meet on Thursday to discuss the prolongation of the oil cut deal. (AFP)
May 24th, 2017 - 05:00 GMT

Oil Prices Stall Ahead of Pivotal OPEC Meeting

US President Donald Trump submitted a proposal to sell off half of the US oil stockpile as a way to curb the national debt. (AFP/ File)
May 23rd, 2017 - 11:15 GMT

Trump's Proposal to Sell Half of US Reserves Threatens Another Oil Glut

The chaotic scene at OPEC’s ordinary meeting on December 4, 2015. (AFP/ File)
May 22nd, 2017 - 02:06 GMT

Stay, Cut or Hike Production: What Will OPEC Choose to Do?

E-Fill operates by establishing a direct link between a customers’ Head Office and the filling station office via non-transferrable tags attached to vehicles and outfitted with RFID technology.
May 22nd, 2017 - 11:00 GMT

Oman Oil Marketing Company introduces E-Fill tags to enhance commercial fuel management at filling stations

Iran's President Hassan Rouhani taking a tour of Russian-backed Bushehr nuclear power complex on September 10, 2016. (AFP)
May 21st, 2017 - 11:30 GMT

Iran Amps Up Electricity Exports to Iraq Despite Outstanding Debts

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