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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 growth in Saudi's oil sector is driven mainly by record oil production that remained above the 10 million bpd level throughout 2016.(File Photo)
August 7th, 2016 - 04:16 GMT

Saudi oil sector increases by 5.1 percent

Egypt announced in 2014 ambitious plans to develop renewable energy. (File photo)
August 7th, 2016 - 12:00 GMT

Investors' high hopes clouded by Egypt’s solar power struggles

More than 34,000 km of gas pipelines have so far been laid and a further 1,680 km will be laid in the near future. (File photo)
August 4th, 2016 - 09:00 GMT

Iran plans thousands of miles of gas pipelines nationwide

During the event
August 4th, 2016 - 04:50 GMT

DEWA receives ISO 10004:2012 certificate for customer satisfaction

The Kuwaiti cabinet will raise petrol prices by more than 80 percent, for the first time in 50 years. (File photo)
August 3rd, 2016 - 12:00 GMT

Kuwait raises petrol prices in 50-year first

During the first six months of the current year, diesel output fell by 2 per cent to 10.44 million barrels, while production of aviation fuel declined by 4 per cent to 2.31 million barrels. (AFP/Miguel Gutierrez)
August 2nd, 2016 - 12:00 GMT

Oman’s petrol production increases by 175%

Kuwait is attempting to combat falling oil prices. (Shutterstock)
August 2nd, 2016 - 10:00 GMT

Kuwait petrol prices will skyrocket 80 percent in September

Windmills in the desert. (AFP/File)
August 1st, 2016 - 02:44 GMT

Egypt plans $7B power plant projects

The International Energy Agency is now looking for a drop in oil demand in Saudi Arabia for all of 2016. (File)
August 1st, 2016 - 07:00 GMT

Saudi Arabia oil consumption slows

A general view taken on April 9, 2014 shows the Zueitina oil terminal. (AFP/Abdullah Doma)
July 31st, 2016 - 05:00 GMT

Libya’s oil terminals reopen following 18 months closure

During the event
July 27th, 2016 - 08:58 GMT

DEWA receives ISO 27037:2012 certificate for digital information security

The Solar Impulse 2 touched down in Abu Dhabi Tuesday morning, completing the first round-the-world trip of a zero-fuel plane. (Wikimedia Commons)
July 26th, 2016 - 09:00 GMT

Solar plane completes historic round-the-world journey in Abu Dhabi

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