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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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Al Bawaba
October 15th, 2015 - 05:01 GMT

Iran supports Indonesia's return to OPEC

Al Bawaba
October 14th, 2015 - 07:02 GMT

Yemen's Marib Governate to withhold oil revenues from Houthis

Kuwait plans to build a new refinery near the Saudi border. (Shutterstock)
October 14th, 2015 - 05:56 GMT

Kuwait signs $13.2B contracts for new oil refinery

Al Bawaba
October 14th, 2015 - 01:00 GMT

Iraq: Petrofac lands multi-million dollar training contract with Shell

Al Bawaba
October 14th, 2015 - 05:51 GMT

Omanoil supports third King’s Tournament in Muscat

During the event
October 14th, 2015 - 04:55 GMT

DEWA selects Preferred Bidder for 1st phase of 1,200 MW Hassyan Clean Coal Power Plant

ROSATOM
October 13th, 2015 - 11:43 GMT

Lukashenko: Belarus to have the world's safest and most modern nuclear power plant

Al Bawaba
October 13th, 2015 - 10:19 GMT

EQUATE sponsors Kuwait Oil & Gas Show & Conference 2015

Eni has been operational in Egypt since 1954. (File photo)
October 13th, 2015 - 09:01 GMT

Egypt: Eni digs in deep offshore with more concessions awarded

Al Bawaba
October 12th, 2015 - 08:54 GMT

OPEC says oil market will find better balance next year

During the event
October 12th, 2015 - 09:48 GMT

EQUATE sponsors GPCA Responsible Care Conference 2015

Israel annexed the southern part of the Golan in 1981, and Syria wants it back. (AFP/File)
October 11th, 2015 - 08:58 GMT

Fuel to the fire? Major oil and gas reserves discovered in the Golan Heights

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