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Oil and Renewables

Oil and Renewables latest

ENOC Acting GCEO Quote – 54th Eid Al Etihad 2025
November 28th, 2025 - 07:01 GMT

ENOC Acting GCEO Quote – 54th Eid Al Etihad 2025

: “Eid Al Etihad embodies the founding vision of our nation, a vision built on unity, determination, and collective effort. On the fifty-fourth Eid Al Etihad, ENOC Group renews its commitment to serving the nation and supporting its communities through the “Hand in Hand” initiative under the Year of Community 2025, reaffirming its role in strengthening social cohesion, solidarity, and shared responsibility. As a leading and fully integrated global energy player, our role extends beyond driving economic progress to supporting society in all its diversity. The UAE’s strength lies in ...
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Power plant in Samawah, Iraq. (Wikimedia Commons)
May 2nd, 2016 - 09:00 GMT

Iran resumes electricity exports to Iraq following debt settlement

The independent Australian-based Dunmore Consulting company estimates that the Hatrurim area contains from seven to eleven million barrels of oil. (Wikimedia Commons)
May 2nd, 2016 - 04:00 GMT

Israel's Dead Sea oil find reportedly worth $1.2B

Oman envisages Ras Markaz to be one of the largest oil storage hubs worldwide. (Shutterstock)
May 1st, 2016 - 07:00 GMT

Oman seeks $400M to develop oil storage terminal in Ras Markaz

Saudi Aramco plans to sell less than 5 percent of the company via an initial public offering. (File photo)
April 28th, 2016 - 06:00 GMT

Saudi Aramco outlines financial plan to become 'a global industrial conglomerate'

Due to oversupply around the world and low global demand, crude oil prices began falling in June 2014 from $115 per barrel.  (File photo)
April 27th, 2016 - 08:00 GMT

Hope on the horizon as World Bank forecasts oil price rise to $41 a barrel

The gap in estimate means a NIS 100 billion reduction in revenue from gas sales and a reduction of more than NIS 50 billion in state revenues from taxation. (File photo)
April 26th, 2016 - 07:00 GMT

Dutch report cuts Leviathan gas estimates

Oil exports were not affected by the strike action.  (AFP/File)
April 26th, 2016 - 04:13 GMT

Kuwait suffered up to $200M in losses due to oil strike

ROSATOM
April 25th, 2016 - 07:35 GMT

Rusatom Overseas and PLN held workshop on Russian Nuclear Power Plant Technologies

One of Israel's main concerns is that Russian involvement would forestall the development of Leviathan in order to prevent competition with Russian gas. (File photo)
April 25th, 2016 - 07:30 GMT

Russia's Gazprom eyes Leviathan gas investment

The proposed solar project will create jobs of 1,000 people locally.  (File photo)
April 25th, 2016 - 05:30 GMT

Oman: German-funded mega solar project planned in Duqm

With oil prices down by approximately 65 percent compared to their mid-2014 levels, total earnings combined at the six companies declined 34 percent in 2015. (File photo)
April 21st, 2016 - 05:00 GMT

Negative outlook for oil companies as Fitch predicts 22 percent fall in earnings

Kuwaiti oil workers at the union headquarters in Al-Ahmadi, 35 km south of Kuwait city.  (AFP/File)
April 19th, 2016 - 01:00 GMT

Kuwait oil workers strike cripples 60 percent of production

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