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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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DEWA stand at the 15th Arab Media Forum
May 11th, 2016 - 05:02 GMT

HH Sheikh Mohammed bin Rashid Al Maktoum visits DEWA stand at the Arab Media Forum 2016

LPG cylinders
May 10th, 2016 - 09:31 GMT

ADNOC Distribution announces price of unsubsidised LPG cylinders for month of May

Production of super grade petrol (M95) has significantly declined due to waning demand. (File photo)
May 10th, 2016 - 08:00 GMT

Oman pumps up the volume: 127 percent spike in output of normal grade petrol

During the event
May 10th, 2016 - 04:57 GMT

DEWA launches year-long Reading is Positive Energy exhibition at Zabeel Park

The Hatrurim oil reservoir covers 94 square kilometers of the Dead Sea area. (Vimeo)
May 9th, 2016 - 12:00 GMT

Dead Sea oil find in Hatrurim field 'entirely within Israel' says energy firm

The World Bank aims to end routine gas flaring at oil production sites around the world by 2030. (Shutterstock)
May 9th, 2016 - 10:00 GMT

Iran wastes $3.5B a year in natural gas flaring

Khalid Al-Falih had a 25 year career with Saudi Aramco, including six years as its CEO.  (AFP/Fayez Nureldine)
May 9th, 2016 - 07:00 GMT

Same old: New Saudi oil minister to maintain current policies

Kaber service station
May 8th, 2016 - 10:48 GMT

ADNOC Distribution opens Kaber Service Station in Umm Al Quwain

In 2013, Qatar’s production from the field was two times higher than Iran’s. (Twitter)
May 8th, 2016 - 07:00 GMT

Iran to exceed Qatari natural gas production by 2017 from shared field

Iran had previously rejected calls to cut production until its output reached four million barrels per day. (File photo)
May 8th, 2016 - 05:00 GMT

Is Iran finally ready to join oil production freeze plan?

Ali al-Naimi, who has been in charge of the kingdom’s oil policy since 1995. (File photo)
May 8th, 2016 - 04:02 GMT

Saudi Arabia dismisses longtime oil minister in major cabinet shake-up

Companies such as Siemens, Lukoil, and Gazprom are attending the show in Tehran. (Shutterstock)
May 5th, 2016 - 11:56 GMT

Global giants flock to Iran Oil Show 2016

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