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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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Discussing other factors that may potentially influence Arabian oil, Anderson said he did not expect political disruptions to affect oil passage through the Strait of Hormuz.
July 10th, 2014 - 02:32 GMT

Wishful thinking? US shale revolution won't affect the Middle East, says second opinion

Al Bawaba
July 9th, 2014 - 08:46 GMT

Oman oil company partners with ‘Klmaten Ras’ to promote culture of reading in oman

Al Bawaba
July 9th, 2014 - 03:55 GMT

With the US about to become a net exporter, is the ME’s crude oil on its way to dispensablity?

Al Bawaba
July 8th, 2014 - 04:25 GMT

EMGAS launches ‘Safe Cylinder, Safe Family’ campaign

The search for gas has been a priority for Saudi Arabia as it struggles to keep pace with rapidly rising domestic demand.
July 7th, 2014 - 11:44 GMT

It's complicated: Shell gives up its gas investments in Saudi Arabia

Al Bawaba
July 7th, 2014 - 10:51 GMT

DEWA receives delegation from Commercial Bank of Dubai

Yemen's income from oil exports tumbled by over 64 per cent to $73.4 million in May from a year ago,
July 7th, 2014 - 03:55 GMT

How much more can the country handle? Yemen's oil exports down 60%

Al Bawaba
July 7th, 2014 - 01:01 GMT

The end of the energy market as we know it: US overtakes Russia and Saudi Arabia as world's largest oil and gas producer

Al Bawaba
July 6th, 2014 - 06:37 GMT

DEWA launches its Samsung Gear 2 app for smart watches

Al Bawaba
July 6th, 2014 - 03:55 GMT

Adding fuel to the fire: how Egypt's prime minster is seeking to justify subsidy cuts

Al Bawaba
July 4th, 2014 - 12:59 GMT

Avoiding rock bottom: Libya declares oil crisis done and over with

Al Bawaba
July 2nd, 2014 - 09:18 GMT

ENOC marks Ramadan with socially responsible initiatives that make a difference

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