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Oil and Renewables

Oil and Renewables latest

Oil posts steepest weekly drop in months as US-Iran deal ease supply concerns
June 20th, 2026 - 01:56 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Oil posts steepest weekly drop in months as US-Iran deal ease supply concerns

ALBAWABA- Global oil prices recorded their sharpest weekly decline in months, with Brent Crude falling about 8% over the week, as a renewed ceasefire between Israel and Hezbollah and progress on the US-Iran agreement eased concerns over potential disruptions to global energy supplies. Although prices edged higher on Friday, markets remained under pressure as geopolitical risk premiums continued to fade amid signs of improving stability in the Middle East. Brent ...
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The plant, which began operating around 10 months ago, contributes 20 per cent of the total power supply in the Kingdom. (Shutterstock)
October 30th, 2016 - 05:56 GMT

Jordan inaugurates natural gas plant in partnership with Egyptian FAJR

During the visit
October 26th, 2016 - 09:50 GMT

Kuwaiti Ambassador to Germany visits EQUATE’s stand at K 2016

During the event
October 25th, 2016 - 05:36 GMT

DEWA successfully concludes World Energy Day

The Fujairah port is the second largest — behind Singapore — bun­kering port in the world. (FujairahPort.ae)
October 25th, 2016 - 05:00 GMT

Fujairah steals some shine from Dubai and Abu Dhabi as a regional oil trading hub

Egypt's Ministry of Petroleum has no information about the suspension of supplies during October. (File photo)
October 24th, 2016 - 11:00 GMT

Egypt calls for inquiry as Saudi oil shipments remain suspended

During the event
October 24th, 2016 - 05:39 GMT

DEWA launches Strategy Week 2016

Russian Oil Minister Alexander Novak (L) arrives for a meeting with his Saudi counterpart in Riyadh on October 23, 2016. (AFP/Fayez Nureldine)
October 24th, 2016 - 04:27 GMT

GCC-Russian energy meeting underway in Riyadh

An employee walks at a solar plant in Masdar outside the Emirate of Abu Dhabi. (AFP/File)
October 23rd, 2016 - 09:30 GMT

Masdar raises the bar with plans to build Jordan’s largest solar power plant

Saudi Arabia's oil minister outlined the rapidly changing landscape in the energy industry since OPEC last month in Algeria to modestly cut its output. (File photo)
October 23rd, 2016 - 04:09 GMT

Saudi Arabia to expand clean energy options amidst fears of future supply shortfalls

During the event
October 20th, 2016 - 11:00 GMT

DEWA launches Al Saada Park at Dubai Ladies Club in cooperation with Dubai Women Establishment

EQUATE Team at K 2016
October 20th, 2016 - 09:59 GMT

EQUATE has finalized polyethylene capacity increase project

A new report warns that encouraging estimates are not suffice to claim that Lebanon will smoothly extract and export gas in the future without any difficulties. (File photo)
October 19th, 2016 - 09:00 GMT

Celebrations premature: Obstacles remain in tapping Lebanon's potential oil and gas wealth

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