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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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The US shale oil revolution (driven by technology and the private sector, not White House dictate) is a game-changer in global energy markets
April 29th, 2014 - 08:05 GMT

With four new mega trends in 2014, are we about to witness a new world energy order?

Al Bawaba
April 29th, 2014 - 01:54 GMT

Pass the feta cheese! Saudi hosts Greek food festival

Al Bawaba
April 29th, 2014 - 02:55 GMT

It's complicated: How China is about to win big from European-Russian tensions... at the expense of the GCC

Al Bawaba
April 28th, 2014 - 06:30 GMT

To the last drop: Iran suffering serious water-shortage

Al Bawaba
April 28th, 2014 - 05:30 GMT

Fujairah Police G.H.Q, honor Shamil as a distinguished partner

Iran-Russia trade currently totals $5 billion a year, but economists say the two countries can at least quadruple the volume of their trade exchanges.
April 28th, 2014 - 12:50 GMT

Partners in...sanctions? Russia, Iran $10 billion power deal gaining momentum

Al Bawaba
April 27th, 2014 - 10:20 GMT

ENOC to hire over 150 Emirati professionals

“In the long term though, the region needs to focus on developing local skills, to ensure that their economies can extract maximum gains from these proposed investments.”
April 27th, 2014 - 02:55 GMT

With the era of 'easy oil' coming to an end, is solar energy the only option left for the ME?

Rouhani's first attempt at implementing subsidy reform was a disaster.
April 27th, 2014 - 02:55 GMT

The litmus test for Rouhani's popularity? Iranians rush to gas stations in anticipation of unprecedented price hike

The dispute is delaying publication of an oil and gas exploration tender for Lebanon's Block 9, which could have more than seven trillion cubic feet of natural gas.
April 26th, 2014 - 01:17 GMT

Forget Hezbollah: Israel, Lebanon hit deadlock over offshore gas explorations

Al Bawaba
April 24th, 2014 - 03:50 GMT

Saudi Arabia to build world's biggest desal plant

Al Bawaba
April 24th, 2014 - 01:59 GMT

India to pay Iran $1.65 billion in landmark oil deal

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