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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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Subsidising electricity generated from oil and gas has made potential growth in the renewable energy sector falter. (Shutterstock)
August 18th, 2016 - 09:00 GMT

Egypt electricity price hikes: A bitter pill to swallow

Mauritania solar network
August 17th, 2016 - 07:29 GMT

Masdar passes 50% milestone on Mauritania solar network

The estimated cost of drilling one well in Zohr concession in the Mediterranean Sea’s deep water is roughly $100m. (File photo)
August 17th, 2016 - 04:00 GMT

Egypt: Eni investment in Zohr gas plant reaches $3.5B

From the visit
August 17th, 2016 - 03:40 GMT

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA visits Mohammed bin Rashid Al Maktoum Solar Park to follow up with project implementation

An attempt to jointly freeze production levels earlier this year failed after Saudi Arabia backed out over Iran's refusal to take part of the initiative. (Shutterstock)
August 16th, 2016 - 01:17 GMT

Oil prices hit five-week high but skepticism remains over OPEC meeting

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
August 16th, 2016 - 05:14 GMT

DEWA awards construction contract for 400 kV power transformer at Hassyan Clean Coal Power Plant

Saudi-Russian bilateral cooperation was not only focused on oil prices, but also on promoting renewable energy, nuclear energy, nuclear medicine and radio-logic technology. (AFP/File)
August 15th, 2016 - 01:21 GMT

Russia warms to discussions with Saudi Arabia ahead of OPEC meeting in Algeria

Many of the companies looking at Eni's Zohr are either already active in Egypt or have recently landed bordering acreage in Cyprus, such as Exxon Mobil and Total.  (Eni)
August 14th, 2016 - 09:00 GMT

Eni mulls sale of 20 percent stake in Egypt's giant Zohr gas field

During the event
August 14th, 2016 - 05:32 GMT

EQUATE & Faculty of Dentistry at Kuwait University discuss cooperation

Operation Tidal Wave II has focused specifically on supply lines tied to the illicit movement of oil said to be financing regional terrorism operations. (Twitter/KR Security Council)
August 13th, 2016 - 11:05 GMT

Senior Daesh oil commander killed by Kurdish, US forces

In September 2015, after bilateral negotiations in Tehran it was announced that the project will be operational by late 2017. (AFP/File)
August 11th, 2016 - 02:00 GMT

Oman and Iran agree to redesign gas pipeline route

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
August 11th, 2016 - 10:12 GMT

Dubai to purchase new government electric and hybrid vehicles

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