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Oil and Renewables

Oil and Renewables latest

Venezuela banks $300M from first U.S. brokered oil sale
January 21st, 2026 - 10:03 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Venezuela banks $300M from first U.S. brokered oil sale

ALBAWABA- Venezuela has received $300 million in oil revenue from a U.S. facilitated crude sale, interim president Delcy Rodríguez announced on Tuesday, marking the first funds to flow under an oil agreement arranged after the kidnapping of President Nicolás Maduro earlier this month. Rodríguez said the funds, part of an expected $500 million in proceeds from U.S. sales of Venezuelan crude, will be channeled into the foreign exchange market through national ...
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Al Bawaba
September 25th, 2014 - 10:51 GMT

Splurging on its beloved: Saudi Arabia sent $3 billion worth of oil products to Egypt

Al Bawaba
September 25th, 2014 - 03:03 GMT

Across the universe: solar-powered flight to launch world tour from Abu Dhabi

Europe does not have the infrastructure to accept LNG in major quantities.
September 24th, 2014 - 12:04 GMT

Not a saviour: Qatar says it won't liberate Europe from dependency on precarious Russian gas

Al Bawaba
September 24th, 2014 - 04:26 GMT

Omanoil applauds country’s greatest conservation practices in partnership with Oman Green Awards

Egypt has signed oil and gas exploration deals worth $187 million with several Western companies and a Tunisian firm to cover seven exploration areas.
September 21st, 2014 - 03:55 GMT

Exploring new possibilies: Western firms win key Egyptian oil, gas exploration deals

Qatar Petroleum (QP) and Qatar Petrochemical Company (QAPCO) signed an agreement in February 2012 to jointly develop the Al Sajeel mega-petrochemical complex in Ras Laffan
September 21st, 2014 - 03:55 GMT

Cold feet: Qatar puts multi-billion petrochemical project 'on hold'


Brent November crude slipped 8 cents to settle at $98.97 a barrel, recovering from an intraday low of $98.51 on Wednesday in London.Brent November crude slipped 8 cents to settle at $98.97 a barrel, recovering from an intraday low of $98.51 on Wednesday in London.
September 19th, 2014 - 02:06 GMT

Short-term bliss? GCC economies 'resilient' despite dip in oil prices

Al Bawaba
September 18th, 2014 - 10:28 GMT

DEWA organises Sports Day

Al Bawaba
September 18th, 2014 - 05:08 GMT

DEWA holds Hassyan Clean Coal Power conference for phase I bidders

Al Bawaba
September 18th, 2014 - 04:26 GMT

Oman Oil Company honours graduates of Sultan Qaboos University’s ‘Basees’ programme

Meanwhile Qatar’s emir also asserted that his country does not finance any terrorist organisations in Syria or Iraq and has never done so
September 17th, 2014 - 04:02 GMT

Angela Merkel wants her country to cooperate with Qatar over energy

Al Bawaba
September 17th, 2014 - 09:35 GMT

Fire Department & EQUATE launch Safe Campaign

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