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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
June 25th, 2014 - 07:56 GMT

Omanoil CEO recognized for outstanding leadership by Alam Al Iktisaad Wal A’mal awards

Al Bawaba
June 25th, 2014 - 07:28 GMT

Octal launches summer internship program to prepare Omani students to become future packaging industry leaders

Brent crude, US gasoline prices, Turkish fuel networks, Chinese, Russian, French and British oil concessions are all at risk if Iraq’s civil war escalates into a regional war.
June 24th, 2014 - 03:55 GMT

The last thing the world needs? How Iraq's insecurity is endangering everyone's oil security

Demand is growing both as a result of strong Asian economic growth and the switch to cleaner energy, particularly in China.
June 22nd, 2014 - 10:38 GMT

Qatar, be jolly: why LNG prices are about to stay at a record high for years to come

Al Bawaba
June 22nd, 2014 - 07:34 GMT

Emarat trains 253 employees at the service station and shamil on first aid skills

Israeli refineries have taken Kurdish crude oil before but in small volumes, which were shipped to Turkish ports by truck.
June 20th, 2014 - 01:01 GMT

Is this what 'autonomy' means? First Kurdish oil shipment headed to Israel

Al Bawaba
June 19th, 2014 - 03:55 GMT

Jealous of the French? British businesses eying return to Iran

The Kurdistan Regional Government believes its share of total Iraqi oil sales should be as high as 25 percent, the KRG's official spokesman said on Monday.
June 18th, 2014 - 01:37 GMT

Baghdad, the ISIL, and the Kurds' apetite for oil revenues

Baghdad’s warnings have not deterred the Kurds so far.
June 18th, 2014 - 07:15 GMT

With Iraq in disarray, Kurdistan takes advantage of the situation and links Kirkuk to its independent pipeline

Al Bawaba
June 17th, 2014 - 01:33 GMT

Post-sanctions Iran for dummies: what foreign oil and gas companies re-rentering the country should keep in mind

Some of the possible company targets include Kuwait Oil Company, Petroleum Development Oman, Qatar Petroleum, Saudi Aramco, ADNOC, ENOC and Bahrain Petroleum Company.
June 17th, 2014 - 11:12 GMT

Done with Israel? Anonymous threatens to hack Gulf oil companies over use of US dollars

Al Bawaba
June 17th, 2014 - 04:36 GMT

OCTAL welcomes OCCI Salalah branch officials to explore new growth opportunities for local businesses in Dhofar

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