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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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Jebel Ali K-Station
May 21st, 2017 - 06:35 GMT

Siemens completes extensive service of Jebel Ali K-station’s gas turbines in record time

US President Donald Trump and his wife Melania step off a plane upon arrival at Andrews Air Force Base in Maryland on January 19, 2017. (AFP/ Mandel Ngan)
May 17th, 2017 - 12:32 GMT

Saudi Arabia to Sign At Least 10 Oil Deals With US During Trump's Visit: Aramco

A Chinese traditional dance troupe performs at the inauguration ceremony of the Yanbu Aramco Sinopec Refining Company Project in Riyadh on January 20, 2016. (AFP/ Fayez Nureldine)
May 17th, 2017 - 12:00 GMT

Saudi Arabia, China Ink $10-Billion Oil Refinery Deal

Oman Oil Marketing Company - Lubricant Promotion In Al Ashkara
May 17th, 2017 - 05:53 GMT

Oman Oil Marketing Company draws winners of lubricants promotion in Al Ashkara

Saudi Aramco has appointed a new senior deputy chairman, eight executives and six deputy chairmen ahead of its much- anticipated IPO. (AFP/ File)
May 16th, 2017 - 05:00 GMT

Saudi Aramco Announces Key Appointments Ahead of IPO

Kuwait’s oil minister Essam Marzouk has expressed his country’s support for an oil cut deal extension previously agreed by Saudi Arabia and Russia. (AFP/ Yasser Al-Zayyat)
May 16th, 2017 - 11:30 GMT

Kuwait Backs Saudi, Russian Call to Extend Oil Output Cut Into 2018

With global oil stocks still too high and US supply recovering faster than anticipated, Brent is seen averaging $54 per barrel in 2017 and $56 per barrel in 2018. (File photo)
May 15th, 2017 - 02:00 GMT

Brent Oil Prices to Average $54 per Barrel in 2017, $56 in 2018: Experts

Egypt has reported a decline in the unemployment rate during the first quarter of 2017, to reach 12 percent of the total labor force, compared to 12.7 percent in the first quarter of 2016, with youth (15-29 year-olds) making up 79 percent of the total unemployed ratio. (AFP)
May 15th, 2017 - 01:30 GMT

Egypt's Unemployment Rate Down 0.7 Percent Year-on-Year: Report

Lebanon must start its offshore gas and oil exploration by no later than mid-2018 to benefit from the low cost of oil services, according to an energy expert. (File photo)
May 15th, 2017 - 11:00 GMT

Lebanon Must Hurry to Extract Offshore Oil and Gas, or Someone Else Will: Expert

Saudi Arabia and Russia have agreed to extend the oil output reduction deal for another nine months, until march 2018. (AFP/ Joe Klamar)
May 15th, 2017 - 10:30 GMT

Saudi Arabia, Russia Back OPEC's Oil Output Cut in Joint Statement

ENOC Group Chief Executive Officer His Excellency Saif Humaid Al Falasi
May 14th, 2017 - 08:13 GMT

Line up confirmed for Middle East Health, Safety and Environment forum

A Libyan security member walks past an oil drill on the Al-Ghani oil field near the city of Waddan on March 23, 2013. (AFP)
May 10th, 2017 - 09:00 GMT

Libya Has Potential to Produce 1 Million Oil Barrels Per Day, But It Can't: Here's Why

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