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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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Imports of oil from Iran often swing widely from month to month as one of South Korea's two refiners to import Iranian oil usually buys the crude only every other month.
June 17th, 2014 - 03:55 GMT

What sanction relief? South Korean oil imports from Iran down 44%

The current crisis is far more serious since it threatens Iraq’s oil production and very existence as a state.
June 17th, 2014 - 03:55 GMT

Iraq, Russia, and the world's impending energy shocks

Al Bawaba
June 16th, 2014 - 08:49 GMT

ENOC's corporate governance case study wins first place at GCC Board Directors Institute competition

Al Bawaba
June 16th, 2014 - 04:25 GMT

Employees of Oman Oil Company support rehabilitation and health programmes at Muscat and Sohar

Escalating violence in Iraq drove crude oil and the dollar higher on Friday while damping the appetite for global equity markets, even as bullish news from the US tech sector lifted stocks on Wall Street.
June 16th, 2014 - 02:55 GMT

Escalating violence in Iraq drives up oil prices

The OPEC meetings since 2012 have produced no policy change.
June 15th, 2014 - 06:45 GMT

Pragmatic or simply bored? Saudi Arabia wants less OPEC meetings

Al Bawaba
June 15th, 2014 - 06:20 GMT

Emarat participates in a traffic awareness campaign for Road Travelers

Al Bawaba
June 12th, 2014 - 04:25 GMT

ENOC celebrates Hag El Leila with children at Rashid Centre for Disabled

The existence of rival governments and rival prime ministers in Tripoli are a nightmare for foreign oil companies, oil traders and diplomats.
June 11th, 2014 - 11:14 GMT

How Libya's oil troubles have literally become everyone's nightmare

Al Bawaba
June 11th, 2014 - 04:25 GMT

ENOC hosts seminar on ‘Self-development’

In January of this year, the Iraqi federal government cut the KRG's 17 percent share of the national budget after it opened a separate pipeline connecting to Ceyhan that bypassed Baghdad.
June 11th, 2014 - 03:55 GMT

Baghdad disregarded, again: more about the Kurdish oil shipments arriving to Turkey

Iran plans to boost annual petrochemical output to 180 million tons from around 60 million tons currently.
June 11th, 2014 - 03:55 GMT

Cheating sanctions? China to use Iran's frozen billions to build it a petrochemical plant

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