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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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OPEC is still urging oil suppliers outside the group to fulfil their commitments to cut output. (File photo)
February 14th, 2017 - 05:34 GMT

Saudi oil production reaches lowest level in eight years

During the event
February 13th, 2017 - 10:54 GMT

ADNOC to capitalise on increased sulphur processing capabilities and target new markets

OCTAL CEO, Nicholas Barakat
February 13th, 2017 - 10:11 GMT

OCTAL enters phase III of expansion as an incubator of downstream opportunities

During the meeting
February 12th, 2017 - 10:46 GMT

MD & CEO of DEWA discusses bilateral relations with Italy's Ambassador to UAE

Masdar and ADBC employees celebrate the launch of Mamsha Masdar, a bike and fitness trail around Masdar City which includes two new ADCB Bikeshare stations.
February 12th, 2017 - 10:22 GMT

Masdar City rolls out new Bike and Fitness Trail

Dana Gas reported a full year revenue of $392 million as compared to $417 million in 2015. (Shutterstock)
February 12th, 2017 - 09:00 GMT

Unpaid dues from Egypt, Kurdistan hit UAE's Dana Gas profits, investment plans

Egypt owes $3.5B  to foreign oil companies but a foreign currency shortage has made the drawing down of those debts more difficult. (File photo)
February 9th, 2017 - 10:00 GMT

Egypt repays $630M debt to Eni for Zohr gas field development

The report indicated that Jordan is placing a heavy emphasis on solar and wind power projects. (PV magazine/Samer Zawaydeh)
February 9th, 2017 - 08:00 GMT

Clean energy investments gain momentum in Jordan

Aramco's IPO, which is predicted to raise about $100 billion, is set to yield millions of dollars in fees and push Moelis up in global investment bank rankings. (File photo)
February 9th, 2017 - 07:00 GMT

Saudi Aramco names boutique bank Moelis to advise on historic IPO

OPEC countries agreed with exterior independent producers, including Russia, to reduce their product around 1.8 million barrels per day for six months starting from January.  (File photo)
February 8th, 2017 - 11:00 GMT

Oil production cut compliance rate hits highest level in history of OPEC

The Lilyvale Solar Farm in Queensland is expected to begin operations towards the end of 2018. (Abdul Lateef Jameel Energy)
February 8th, 2017 - 10:00 GMT

Abdul Latif Jameel Energy's FRV seals deal for solar energy farm in Australia

A part of the gas will be consumed in Oman and the rest of it turned to liquefied natural gas (LNG) for export to target markets.  (Chess Subsea Engineering)
February 8th, 2017 - 09:00 GMT

Oman renews undersea gas pipeline agreement with Iran

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