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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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During the event
December 18th, 2016 - 11:07 GMT

MD & CEO receives Spanish Ambassador to the UAE and Spanish delegation

As part of the agreement, BP will second up to 50 technical staff to Adco, bringing technology, expertise and experience to support the ongoing efficient operation and development of the assets. (File photo)
December 18th, 2016 - 07:00 GMT

BP strikes $2.2B oil concession deal with Abu Dhabi

The joint ventures with Nabors and Rowan are part of a strategy to develop a best-in-class drilling industry in Saudi Arabia. (YouTube)
December 15th, 2016 - 10:00 GMT

Saudi Aramco signs new drilling JV with Nabors and Rowan

Petrofac has a long track record in Iraq, helping with the export of more than 1.5 billion barrels of oil over the past four years. (File photo)
December 15th, 2016 - 05:13 GMT

Iraq to reach 'export milestones' with Petrofac's $75M oil facility expansion

The Breakthrough Energy Coalition shows that clean energy and economic development are not mutually exclusive. (Arab Times)
December 14th, 2016 - 01:00 GMT

Saudi Prince Al Waleed donates $50M to Bill Gates' Breatkthrough Energy Ventures initiative

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
December 14th, 2016 - 12:21 GMT

HH Sheikh Mohammed bin Rashid Al Maktoum honours DEWA at Arab Social Media Influencers Summit

OPEC's production agreement enters into force in January, though producers are already pumping oil at record levels. (File photo)
December 14th, 2016 - 08:00 GMT

IEA cautions against high-risk oil investment in wake of OPEC deal

During the event
December 14th, 2016 - 04:40 GMT

MD & CEO receives General Electric delegation

A framework deal signed last year called for up to $5 billion in total investments in offshore Egypt. (File photo)
December 13th, 2016 - 08:00 GMT

Eni sells 30 percent stake in Zohr gas field to Russia's Rosneft for $1.6B

Dubai is aiming for an environmentally-friendly energy mix, with 25 percent from solar energy, 7 percent each from nuclear power and clean coal, and 61 percent from gas by 2030. (WAM)
December 13th, 2016 - 07:02 GMT

ACWA-DEWA JV receives $2.47B financing for clean coal project

A work plan for the first stage of development calls for about 1.2 billion cubic feet of natural gas per day through an investment of between $3.5 billion and $4 billion. (File photo)
December 13th, 2016 - 05:18 GMT

Israel's Leviathan gas deals estimated to reach $2B

 
Kurdistan Prime Minister Nechirvan Barzani called the deal as a significant step that will help improve the daily lives of the citizens of Erbil and Sulaimani. (File photo)
December 12th, 2016 - 11:00 GMT

UK's Biwater secures $1.2B water infrastructure contract in Kurdistan

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