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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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From the congress
October 12th, 2016 - 04:35 GMT

HE Saeed Mohammed Al Tayer participates in panel discussion during 23rd World Energy Congress in Istanbul

Omanoil - Customer Care Week 2016 Conclusion (2)
October 12th, 2016 - 04:19 GMT

Oman Oil Marketing Company succesfuly concludes ‘Customer Care Week’

The project's coalition includes Kawar energy companies, a subsidiary of Japan's Mitsubishi company and Nebras Power company, a subsidiary of Qatar Electricity and Water Company. (File photo)
October 12th, 2016 - 04:00 GMT

Jordan inaugurates MENA's largest private-sector solar energy project

Last month, Gazprom said construction could start by the end of 2017 if an intergovernmental agreement was signed in October, with the goal of completing the pipeline by 2019. (Gazprom)
October 11th, 2016 - 10:24 GMT

Turkey, Russia natural gas deal back in the pipeline

In April, Saudi Aramco signed a $23B contract with the EGPC to supply Egypt with 700,000 tonnes of oil products monthly over a five-year period. (File photo)
October 11th, 2016 - 07:00 GMT

Saudi Aramco insists halted oil shipments to Egypt are temporary

Russian President Vladimir Putin gives a speech during the 23rd World Energy Congress on October 10, 2016 in Istanbul. (AFP/Ozan Kose)
October 11th, 2016 - 06:00 GMT

Russia agrees to joining oil output curb

Egypt announced additional tenders for 665,000 tonnes of gasoil and 132,000 tonnes of gasoline for November arrival, levels that could suggest a protracted delay of Aramco products. (Shutterstock)
October 9th, 2016 - 08:30 GMT

Halted Saudi oil deliveries leave Egypt scrambling for tenders

Under the theme “Embracing New Frontiers,” the congress program will lead delegates through the current and critical issues facing the energy industry. (Shutterstock)
October 6th, 2016 - 12:00 GMT

The 23rd World Energy Congress 2016 in Istanbul hopes to 'Embrace New Frontiers'

Through its various subsidiaries, EGPC engages in all aspects of the petroleum industry. (Shutterstock)
October 6th, 2016 - 11:00 GMT

Apicorp arranges $100M Murabaha financing for Egyptian General Petroleum Corporation

The UAE mainly imports gas to generate electricity from Qatar through the Dolphin energy pipeline. (Shutterstock)
October 6th, 2016 - 09:00 GMT

Dolphin Energy, Qatar Petroleum ink LNG deal with RAK, Sharjah

The speaker said the government’s monthly assessment of petrol prices represents a “partial liberalization” of petrol prices, adding that the amount of free petrol given to citizens will vary monthly. (File photo)
October 6th, 2016 - 05:00 GMT

Kuwait plays with petrol prices, but expats will take a hit

During the event
October 4th, 2016 - 10:51 GMT

Oman Oil Marketing Company CEO inaugurates ‘Customer Care Week

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