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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
May 5th, 2014 - 11:45 GMT

OCTAL to showcase Oman’s research and development prowess at Europe’s leading packaging trade fair

The capacity of South Pars gas and oil fields could hit 100 million cubic meters daily in the current Iranian year
May 5th, 2014 - 10:55 GMT

Making it worthwhile: Iran's South Pars field exports gas, oil to 29 countries for $1.3 billion

Forty-nine percent of the tenders for the drilling will be reserved for Lebanese investors (File Archive)
May 5th, 2014 - 09:00 GMT

Lebanon's next oil investors?! It's own diaspora...

Emiratis have been at the forefront of green energy exploration and construction in the Middle East (File Archive)
May 5th, 2014 - 07:06 GMT

Forget Expo 2020! UAE submitting bid for World Energy Congress 2019

Al Bawaba
May 5th, 2014 - 05:31 GMT

Emarat elevates its program “Star of the Month” to new heights

Oman is pushing to raise production, with output to be increased steadily over the next few years
May 4th, 2014 - 09:55 GMT

Gas demand to increase by 50% over 6 years as Oman’s industrial base expands

Al Bawaba
May 4th, 2014 - 09:31 GMT

ENOC supports Holy Quran Memorisation Competition organised by Sheikh Mohammed Centre for Cultural Understanding

Iran has the second largest natural gas reserves after Russia (File Archive)
May 4th, 2014 - 07:39 GMT

An unlikely partnership? Iran may be the next big supplier of energy to the EU

Al Bawaba
May 4th, 2014 - 06:39 GMT

Hamdan bin Mohammed Center for Cultural Revival honors Emarat for its vital participation in supporting its activities

Al Bawaba
May 1st, 2014 - 12:10 GMT

Canadian company secures Abu Dhabi oil deal

Al Bawaba
May 1st, 2014 - 07:41 GMT

ENOC wins top honour for RFID-enabled ViP fuel retailing service at Ideas.Arabia competition

Despite the current problems, a farm-out agreement between the partners in Leviathan and Woodside may still be signed, possibly within days.
April 29th, 2014 - 08:13 GMT

Time for Turkey and Egypt to search for plan B? Israel's Leviathan gas project 'on hold'

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