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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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Al Bawaba
February 9th, 2014 - 11:18 GMT

Oman oil company plans african expansion as first overseas office opens in tanzania

The action plan includes projections for growing demand on electricity
February 6th, 2014 - 01:55 GMT

UAE to draft new energy policy

Jordan’s oil imports from Iraq represent around 10 per cent of the Kingdom’s daily needs
February 6th, 2014 - 12:55 GMT

More trouble for the energy-drained Kingdom: Iraqi oil exports to Jordan halted

Al Bawaba
February 6th, 2014 - 10:14 GMT

Emarat Service Station staff attend 371 training sessions during the year 2013

The solar project involves five plants, two of them planned in Western Sahara, that would produce a total of 2,000 megawatts.
 Morocco, a net energy importer, wants to develop renewable power to reach 20 percent of its energy supply in 10 years.
February 6th, 2014 - 03:55 GMT

Why European lenders are turning their back on Morocco's solar energy ambitions

Shell’s divestment strategy spells opportunity for the Arabian Gulf’s state owned oil and gas companies.
February 5th, 2014 - 02:21 GMT

How Shells divestment strategy spells opportunity for GCC investors

The discount of US crude to Brent narrowed on Wednesday to its smallest since mid-October as traders expected the startup of a pipeline from Cushing to refineries on the US.
February 5th, 2014 - 02:07 GMT

American cold season brings global oil prices up to $106

Al Bawaba
February 5th, 2014 - 08:38 GMT

Jordan: Controversy over imported gas cylinders persists

The Saudi Arabian diesel generators market has witnessed a significant growth due to increase in construction and industrial activities
February 4th, 2014 - 09:49 GMT

Saudi demand for diesel generators rises amid growth

Al Bawaba
February 4th, 2014 - 06:49 GMT

RTA honors Shamil Nad Al Hamar Center for Vehicles Testing and Registration Services at “Winner of Best Service Provider Award”

Al Bawaba
February 3rd, 2014 - 10:12 GMT

Oman oil company goes live with Oracle Hyperion System to fuel rapid growth plans

Solar energy in the Middle East offers one of the biggest, untapped energy resources
February 3rd, 2014 - 09:22 GMT

Middle East to boost solar industry

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