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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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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

Contracts traded during the five-day period ending August 4 suggest the market expects WTI prices could range from $29 a barrel to $61 a barrel. (File photo)
August 11th, 2016 - 10:00 GMT

EIA estimates oil prices will stabilize in 2017

Kuwait is preparing a comprehensive economic program to face the challenges imposed by the drop in oil prices and to achieve a balance in the national economy via diversifying income sources and putting an end to wasting public funds. (AFP/File)
August 10th, 2016 - 02:00 GMT

Kuwaiti government hikes up fuel prices

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
August 9th, 2016 - 11:30 GMT

DEWA launches annual peak load reduction campaign

Salalah Tourism Festival 2016
August 9th, 2016 - 07:39 GMT

Oman Oil Marketing efforts to support lucrative industries proves successful at Salalah Tourism Festival

During the event
August 9th, 2016 - 05:34 GMT

HE Saeed Mohammed Al Tayer, Chairman of Smart Dubai Office (SDO), receives Chairman and Director-General of Dubai Health Authority (DHA)

Oman's economic growth is expected to slow in 2016 and 2017 to an average of 2 per cent. (File photo)
August 8th, 2016 - 11:00 GMT

Oman economy slows as oil prices remain low

During the event
August 8th, 2016 - 08:58 GMT

EQUATE continues innovation partnership with Altaaat

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