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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
March 2nd, 2014 - 08:18 GMT

Can Oman sustain long-term growth on fixed oil production?

Al Bawaba
March 2nd, 2014 - 06:56 GMT

Dana Gas upgrades El Wastani Plant in Egypt to increase production by 25%

Mohammad Husain, EQUATE President & CEO
March 2nd, 2014 - 06:21 GMT

EQUATE’s 2013 net profit exceed USD 1.2 billion

 A surge in US oil and natural gas production has lifted hopes about North American energy security, but that growth will plateau and will be difficult to replicate elsewhere.
March 2nd, 2014 - 02:27 GMT

Don't even bother Saudi Arabia? IEA says US shale boom "difficult to emmulate"

The government aims to export green power to Europe via Spain in coming years.
February 28th, 2014 - 01:06 GMT

Morocco opens final tender on $1.7 billion wind farm

Al Bawaba
February 27th, 2014 - 09:51 GMT

MD & CEO of DEWA receives US Consul General

The UAE Energy Minister, Suhail bin Mohammed Faraj Faris Al Mazrouei, and Japan’s Minister of Economy, Trade and Industry, Toshimitsu Motegi, signed a MoU on the peaceful use of nuclear energy in the UAE
February 27th, 2014 - 08:45 GMT

Japan, UAE further cement ties with memorandum on nuclear energy

Fuel and related energy sources have forced Gaza to increasingly rely on solar power as their main energy source (File Archive/Shutterstock)
February 26th, 2014 - 11:52 GMT

Inshallah, it's always sunny in Gaza: solar power becoming strip's main power source

Al Bawaba
February 26th, 2014 - 08:52 GMT

Emarat honors 34 employees who have spent 10 years or more at its service stations

IPIC delivered $26 billion in revenues in the first half of 2013 and an operating income of $1.42 billion, making it one of the largest, most profitable joint stock companies in the UAE.
February 25th, 2014 - 05:25 GMT

The hidden giant: Abu Dhabi's oil IPIC is emerging stronger than ever

Al Bawaba
February 25th, 2014 - 04:51 GMT

Natural gas deposits may be on this unexpected MENA shore...

Al Bawaba
February 25th, 2014 - 05:25 GMT

DEWA participates in energy and water rationalisation campaigns at Winter Awareness Camp

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