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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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In cooperation with Russia’s Rosatom, Jordan's first reactor is slated to be ready by 2023 and the second by 2025. (Shutterstock)
May 17th, 2016 - 11:53 GMT

Nearly half of Jordan's electricity from nuclear power by 2025: PM

DEWA employees during their training courses
May 17th, 2016 - 03:54 GMT

DEWA provides employee training guide for 2016 with 1,095 courses

Kuwait’s Deputy Foreign Minister Khaled Jarallah said Saturday the market could not support a production increase from Iran, adding oil exporting countries must freeze output. (File photo)
May 16th, 2016 - 11:03 GMT

Kuwait calls on Iran to join oil production freeze plan

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
May 16th, 2016 - 04:57 GMT

DEWA directly recruits Emiratis for technical positions during Careers UAE 2016

The Organization of Petroleum Exporting Countries said in its latest monthly market report it estimated about $290 billion was cut from spending plans across the globe in the last year.  (AFP/File)
May 15th, 2016 - 11:30 GMT

Oil exploration and production spend to be halved over next two years: OPEC


The project is already more than half-completed, with the first turbine monopile installed in early April, and construction of the wind farm’s 1,000-tonne offshore substation underway. (Shutterstock)
May 15th, 2016 - 06:00 GMT

Abu Dhabi's Masdar secures $1.84B for UK wind farm project

Khalid Hadi, Vice President of Marketing and Corporate Communications Division at ADNOC Distribution
May 12th, 2016 - 10:17 GMT

ADNOC Distribution reopens Embassies Area Service Station in Abu Dhabi after completion of developmental work

From the visit
May 12th, 2016 - 10:07 GMT

Minister of Energy visits Mohammed bin Rashid Al Maktoum Solar Park & control-centre compound

There has been a 43 per cent drop in the price of oil and gas sold by the company since last year.  (Taqa)
May 12th, 2016 - 10:00 GMT

Abu Dhabi National Energy Company posts $165M loss

New exploration activity, boosted by the Zohr field, yielded 1.4 billion barrels of oil equivalent in what the company described as fresh resources. (File photo)
May 12th, 2016 - 07:00 GMT

Eni yields record production from Egypt's Zohr field

During the event
May 12th, 2016 - 04:43 GMT

Dubai Supreme Council of Energy addresses energy intensity mapping in Dubai

Saudi Arabia is expected to sell up to five percent of Aramco via an initial public offering. (Oilpro)
May 11th, 2016 - 07:52 GMT

Saudi Aramco to go global with joint ventures

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