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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
July 2nd, 2014 - 07:12 GMT

Emarat carries out a successful fire drill

A preliminary Reuters poll estimated a decline of 2.3 million barrels.
July 2nd, 2014 - 03:55 GMT

An unnecessary development: oil prices surpass $112

Al Bawaba
July 1st, 2014 - 06:25 GMT

Emojet wins the Golden Aviation Wings Award from ExxonMobil for continued outstanding contribution to aviation safety

S&P noted that hydrocarbon revenues constitute almost 46 per cent of nominal GDP and three-quarters of total exports of the six GCC nations.
July 1st, 2014 - 03:55 GMT

Nothings lasts forever: Bahrain, Oman most vulnerable to impending drop in oil prices

Al Bawaba
June 30th, 2014 - 09:06 GMT

EMGAS marks Ramadan charity campaign with Dar Al Ber Society

Al Bawaba
June 30th, 2014 - 06:39 GMT

Emarat discusses cooperation with PetroChina Int’l, Singapore

Al Bawaba
June 30th, 2014 - 03:55 GMT

How the violence in Iraq is costing Egypt more than a billion dollars

The estimated size of the proposed deal is the supply of seven BCM (billion cubic meters) of gas annually for 15 years.
June 30th, 2014 - 03:55 GMT

Another cruel role reversal: Israel's Leviathan in talks to sell gas to Egypt

Since the 70’s, crude oil is not allowed to be shipped outside the country, but that is about to change.
June 29th, 2014 - 07:13 GMT

Ready to compete and change the entire game? US to open the valve on blocked oil exports

Al Bawaba
June 26th, 2014 - 10:01 GMT

Emirates Gas wins Dubai Chamber’s CSR Label Award for 4th consecutive year

Al Bawaba
June 26th, 2014 - 06:21 GMT

Emarat offers free dates and water during Iftar time

The fact is that salaries are not increasing by 10 per cent, 25 percent or 100 per cent a year.
June 25th, 2014 - 12:48 GMT

Double trouble: Why Dubai's real estate is experiencing a double bubble

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