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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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$4.2 billion of Iranian frozen assets would be released in eight stages and Tehran
February 2nd, 2014 - 12:55 GMT

Breaking the ice: Iran receives first installment of $4.2b frozen oil revenue

OPEC reported its lowest output in over two years in December 2013 (File Archive)
February 2nd, 2014 - 12:00 GMT

Thank you Libya? Why OPEC's output is finally on the rise after December low

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

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