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Oil and Renewables

Oil and Renewables latest

US strike on oil tanker dodging the blockade
June 17th, 2026 - 09:05 GMT
P. Choiaqo

P. Choiaqo

US used Iranian smuggling tactic to move oil through Hormuz

ALBAWABA - In an exclusive Reuters report, the U.S. has overseen and supported dozens of secretive ship-to-ship oil transfers, avoiding Iranian blockades and attacks. The method, used by Iran to avoid sanctions and blockades for years, involves transferring cargo between ships to mask its origin. In its simplest form, a ship would hand off its cargo to another ship on the way to the same destination with the transfers taking ...
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Al Bawaba
November 30th, 2014 - 11:52 GMT

Emarat celebrates 43rd UAE National Day

Oil analysts said the OPEC decision left the oil market vulnerable to much bigger falls as abundant supply of high quality,
November 30th, 2014 - 05:55 GMT

Oil prices take another nosedive after OPEC's dubious decision

Terminating the third tranche will save the Treasury around JD70 million as the government allocated JD210 million in direct cash compensation for fuel this year.
November 30th, 2014 - 04:55 GMT

Seizing the moment: Jordan cancels third tranche of fuel compensation after oil price collapse

"The power of convincing will prevail tomorrow... I am confident that OPEC is capable of taking a very unified position," Naimi said
November 27th, 2014 - 12:30 GMT

A consensus to fight over market share: OPEC heads towards no ouput cut

Al Bawaba
November 27th, 2014 - 09:55 GMT

ENOC celebrates 43rd UAE National Day with colourful showcase of Emirati culture

Venezuela, a noted price hawk, would try for an output agreement within OPEC on Thursday instead.
November 26th, 2014 - 07:28 GMT

The pretext to a vicious supply game? OPEC's major oil powers fail to reach 'impromptu' agreement on output

if Opec wants to do a quick fix it could agree on a sharp reduction in output until a balance between supply and demand has been re-established.
November 26th, 2014 - 12:17 GMT

To cut or not to cut: OPEC's existential question


Key will be what the club's biggest producer and exporter Saudi Arabia decides.
November 26th, 2014 - 12:09 GMT

Oil sinks below $80 as signs of output cut fade

The firm will be charged with "corruption of foreign public officials",  in a case that dates back some 20 years.
November 26th, 2014 - 11:33 GMT

Totally messed up: Total to finally face charges over bribing Iranian officials

Al Bawaba
November 26th, 2014 - 10:12 GMT

DEWA organises 4th Creativity and Innovation Conference

Al Bawaba
November 25th, 2014 - 09:20 GMT

Sanctions, oil prices cost Russian economy $140 billion a year

Al Bawaba
November 24th, 2014 - 05:19 GMT

ENOC opens third ZOOM outlet in Dubai Healthcare City

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