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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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Of the 2.228 million bpd exported in January, 2.036 came from Basra and 192,000 from Kirkuk,
February 2nd, 2014 - 04:55 GMT

Blaming pipelines, blaming Kurdistan?Iraqi crude oil exports hit new low

Iraq is poised to triple its crude oil output from three million barrels per day to nine million by 2020.
January 30th, 2014 - 08:03 GMT

Beware Saudi Arabia! Iran, Iraq plan to join forces and crash the world's oil market

During the last 10 days, Egyptians have reported regular electricity cuts, the second wave of its kind this winter.
January 29th, 2014 - 10:42 GMT

Fuel supply shortages put Egypt in a 'dark place'

Al Bawaba
January 29th, 2014 - 05:52 GMT

Omanoil promotes healthy living with internal anti-smoking campaign

Oil and gas dependence, tribal/sectarian rivalries and the repressive Gaddafi regime led to disaster in Libya.
January 29th, 2014 - 03:55 GMT

Is Libya putting world oil markets at risk?

 More than $1.1 trillion worth of contracts have been awarded in the GCC alone over the past 10 years according to reportsnreports.com.
January 28th, 2014 - 03:55 GMT

With $2.46 TRILLION to be spent on oil, gas, and water projects, what will the future Middle East look like?

The delegation will be comprised of representatives from French automotive, oil, banking, and transportation sectors.
January 27th, 2014 - 04:28 GMT

A new era? 110 French firms to return to Iran next month

The draft budget projected a deficit of about 21 trillion Iraqi dinars
January 27th, 2014 - 10:17 GMT

Iraq's 2014 budget hanging on a cliff- and Kurdistan is the only one that can save it

The Gulf States can lead the sustainable development movement by being the first countries to launch renewable energy models on a large scale (File Archive/Shutterstock)
January 27th, 2014 - 09:03 GMT

Resource-rich in every way: How Gulf states can transform their countries into sustainable economies

Al Bawaba
January 27th, 2014 - 06:06 GMT

DEWA hosts delegation from Singapore National Water Agency

The 270,000-barrels per day (bpd) Mina Abdullah refinery was running at about 60 percent of capacity on Sunday.
January 27th, 2014 - 03:55 GMT

Kuwait desperate to restore refineries after power outage

China support the possibility of American energy independence, believing it would stabilize prices.
January 26th, 2014 - 06:34 GMT

With the US pursuing shale independence, will China come to determine future oil demand?

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