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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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Iran is on course to become the world’s largest importer of natural gas by 2025 unless it can rein in rampant domestic demand,
March 6th, 2014 - 03:55 GMT

Isn't it supposed to be the exporter here? With its slow progress, Iran forced to triple gasoline imports

"Under such a scenario, sovereign credit quality in the GCC would be affected to varying degrees, with Bahrain and Oman most vulnerable to a potential downward adjustment of their sovereign rating."
March 6th, 2014 - 03:55 GMT

Nothing gentle here: Moody's tells GCC states to brace themselves for a 'gentle decline in oil prices'

Al Bawaba
March 5th, 2014 - 01:48 GMT

The future has arrived: UAE leading the way with new boat invention!

Al Bawaba
March 4th, 2014 - 11:53 GMT

ENOC adds fuel self-service to 20 more service stations; introduces payments at forecourt

Al Bawaba
March 4th, 2014 - 11:49 GMT

DEWA launches competition to rename mascots for its conservation campaign

A comprehensive nuclear deal between Iran and six major world powers over Tehran’s nuclear energy program is possible by the end of July
March 4th, 2014 - 08:44 GMT

Final nuclear deal possible within next 5 months: Zarif

"Oil markets are reacting on the potential that the situation could worsen," said Ben le Brun.
March 3rd, 2014 - 04:36 GMT

A sign of what's yet to come? Oil prices jump on Russia's threat to invade Ukraine

Al Bawaba
March 3rd, 2014 - 11:00 GMT

Why 2018 will be the year for Jordan's energy sector

Al Bawaba
March 3rd, 2014 - 05:53 GMT

MD & CEO of DEWA receives Minister for Natural Resources and Food of the Welsh cabinet

The February figure was up from 2.228 million bpd the previous month thanks to the completion of work on expanding the capacity of the southern Basra port, from which the bulk of Iraq's crude is shipped.
March 3rd, 2014 - 03:55 GMT

Ready to take over? Iraq oil exports hit record level in February

The Trina Solar project will be Jordan's first rooftop solar power project (File Archive/Shutterstock)
March 2nd, 2014 - 02:00 GMT

Sun is shining on Jordan-China solar deal

India imports around 75 per cent of its crude oil
March 2nd, 2014 - 09:55 GMT

Oman, Iran, and India caught in a love triangle over pipelines

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