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Oil and Renewables

Oil and Renewables latest

Italy and Libya Sign Landmark Agreements to Strengthen Health and Energy Sectors
January 18th, 2026 - 05:09 GMT

Italy and Libya Sign Landmark Agreements to Strengthen Health and Energy Sectors

In a key advancement for Italy-Libya bilateral relations, comprehensive agreements were formally signed today in Benghazi between prominent Italian partners San Donato Group, GKSD, and the Libya Reconstruction and Development Fund. The landmark partnership establishes a robust framework for modernizing Libya's health and energy sectors through the deployment of Italian expertise, ambitious capacity building initiatives, and sustainable cooperation mechanisms designed to create lasting institutional transformation. The high-profile signing ceremony, which took place in Benghazi on Friday, brought together senior officials and business leaders from both nations to witness what many ...
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Soaring energy use and inadequate gas supplies have spurred the UAE to look to nuclear power to diversify its energy sources beyond
December 8th, 2014 - 01:13 GMT

A $20 billion project: UAE first nuclear reactor to come into operation in 2017

Rouhani admitted the budget for the fiscal year starting in March 2015 "would be under pressure" given the big fall in oil prices in recent months
December 8th, 2014 - 12:40 GMT

Denial is unaffordable: Iran unveils revised budget based on lower oil prices

Al Bawaba
December 8th, 2014 - 07:28 GMT

Emarat honors distinguished employees for their dedication

The Organization of Petroleum Exporting Countries, OPEC, has decided to keep their output ceiling unchanged in the face of falling oil prices.
December 7th, 2014 - 01:20 GMT

Forget the shale boom: will OPEC survive the post-Arab Spring times?

Al Bawaba
December 7th, 2014 - 06:51 GMT

Emarat discusses further cooperation with Saudi Aramco

Al Bawaba
December 7th, 2014 - 05:41 GMT

Fire department & EQUATE continue their sustainable partnership

Oversupply could rise next year when Iraq starts to export more oil because of an agreement between Baghdad and the Kurdish regional government.
December 7th, 2014 - 04:55 GMT

Plunging once again: oil prices go below $70 thanks to Saudi move

Brent crude oil steadied around $70 a barrel on Thursday as investors searched for a stable price range after a near 40 per cent fall since June.
December 4th, 2014 - 11:44 GMT

Oil steadies at around $70 dollars, further fall still possible

Al Bawaba
December 3rd, 2014 - 07:54 GMT

Pakistan to get 90% of its gasoil supply from Kuwait

Brent Crude prices fell to their lowest levels since December 2010 at $69.7 for early transactions Sunday.
December 3rd, 2014 - 06:57 GMT

Diverging fortunes: oil price decline has positive impact on Egypt

In the GCC region, Saudi Arabia’s PMI index for October retreated (59.8) from its peak in September (61.8) on lower crude oil prices.
December 3rd, 2014 - 04:55 GMT

A unfortunate development: Oil plunge to erase GCC market gains

Recent falls in international oil prices have triggered a rash of negative prognoses for energy producers in the Gulf
December 2nd, 2014 - 11:04 GMT

Crashing oil prices: geopolitical game or technical reality?

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