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Oil and Renewables

Oil and Renewables latest

Oil rises as gold drops
June 15th, 2026 - 06:13 GMT
P. Choiaqo

P. Choiaqo

Gold surges 2% and oil tumbles down 4% as US-Iran war comes to a close

ALBAWABA - After the peace deal between the US and Iran was announced, oil, which had been steadily decreasing, started dropping in earnest in anticipation of the deal between the two warring nations being signed in Geneva, Switzerland, on Friday. This eased concerns regarding inflation and interest rate hikes, allowing gold to surge 2 percent since this morning. After a lot of tumult and turbulence, it seems that the fear-driven ...
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The Kingdom, the world’s largest crude exporter, shipped 7.54 million barrels a day on average last year, up from 7.41 million barrels a day in 2012.
February 20th, 2014 - 07:33 GMT

Wait until Iran joins in: Saudi oil production hits 12 year high

Al Bawaba
February 19th, 2014 - 11:51 GMT

Empower in talks to bring international IDEA conference to Dubai

Al Bawaba
February 19th, 2014 - 08:46 GMT

Oman oil company organises a training workshop ahead of the opportunity and project management system launch

Al Bawaba
February 19th, 2014 - 06:48 GMT

Ras Al Khaimah Police honors cards marketing employees at Emarat for their distinctive role in facilitating its services

The energy shortage problem facing factories will continue this year and the next year, Abdel Nour said.
February 19th, 2014 - 03:55 GMT

Problem solved? Egypt announces construction of 35 new industrial cities

Al Bawaba
February 18th, 2014 - 11:07 GMT

ENEC completes installation of the condenser at Barakah

Al Bawaba
February 18th, 2014 - 07:55 GMT

Oman's natural gas consumption rises 3.2% in 2013

Pressure on French energy giant Total to pay more for liquefied natural gas that it ships from Yemen has intensified.
February 18th, 2014 - 03:55 GMT

Yemen's energy troubles weighing hard on French Total

Oumran added that Egypt is not currently facing any hindrances in its plan to produce renewable energy through wind and solar energy.
February 17th, 2014 - 10:20 GMT

Hefty goals? Egypt can reach '80% renewable energy usage by 2025'

Al Bawaba
February 17th, 2014 - 11:39 GMT

DEWA hosts 7th mass wedding ‘Anwar Dubai’ for 45 employees

Al Bawaba
February 17th, 2014 - 09:55 GMT

Saudi Arabia upbeat about 2014's growth prospects

Al Bawaba
February 17th, 2014 - 08:10 GMT

Oman oil company and Ministry of Education create a new batch of youth entrpreneurs

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