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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 17-member Gas Exporting Countries Forum (GECF) may see more countries joining it with many Asian, Latin American and African countries expressing interest.
January 21st, 2014 - 03:55 GMT

Prospects on conventional gas declared as 'bright' in leading forum

More than 200 exhibits will be on display during the forum at three different shows (Courtesy of Arabian Industry)
January 20th, 2014 - 10:17 GMT

Spotlight on largest World Future Energy Summit in Abu Dhabi

Saudi Arabia leads the region with the highest level of investment in solar energy to date (File Archive/Shutterstock)
January 20th, 2014 - 08:43 GMT

So long shale? Sunny MENA to invest $50 billion in solar energy by 2020

Al Bawaba
January 20th, 2014 - 05:56 GMT

Emarat honors Shamil Muhaisnah Center for its excellent results in RTA’s “Mystery Shopper” program

During the event
January 20th, 2014 - 05:42 GMT

DEWA organises brainstorming session on Smart Government, sustainability and demand management


The debts of BP to Iran has not published officially yet, but Shell said in March 2013 that it has $2.3 billion debts to Tehran.
January 20th, 2014 - 03:55 GMT

Iran is totally ready to make things official with British oil giants

But the subsidy reductions could hurt the fragile economy, which is heavily reliant on tourism, agriculture and remittances from Moroccans living abroad.
January 20th, 2014 - 03:55 GMT

And the IMF does it again: Morocco makes final blow to oil and gas subsidies

If stopping an alleged Iranian nuclear weapons capability is worth going to war, it's certainly worth taking the issue seriously and undertaking serious sanctions relief.
January 19th, 2014 - 10:47 GMT

Setting the record straight: 8 misconceptions tainting Iran's nuclear program

More private companies, as well as public entities are investing in green energy in the Middle East (Shutterstock)
January 19th, 2014 - 08:25 GMT

The Greening of the Gulf: Explaining the shift in the region's energy sector

Meanwhile, diplomats said that providing the amount would not be an issue, because many IAEA member states have already expressed their willingness to help.
January 19th, 2014 - 03:55 GMT

The cost of peace: IAEA needs $8 million euros to implement the Iranian nuclear deal

he EU also will suspend bans on trade in gold, precious metals and petrochemical products while increasing a ceiling on financial transfers not related to remaining sanctions
January 19th, 2014 - 03:55 GMT

A new week, a new phase? EU to lift sanctions off Iran on Monday

The Gulf Arab states have conditioned normalisation of relations with Israel on its acceptance of the 2002 plan drafted by Saudi Arabia for peace with the Palestinians
January 19th, 2014 - 03:55 GMT

Peace agreement ahead? Israel's energy ministrer attends IEAE conference in the UAE

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