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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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Al Bawaba
December 16th, 2013 - 10:36 GMT

Emirates Gas commences commercial sales of clean and green Compressed Natural Gas through Mobile Filling Unit

KSA hopes to build a sustainable mixed-energy future for Saudi Arabia not just for energy purposes, but also to provide job opportunities to its citizens (Shutterstock)
December 16th, 2013 - 09:43 GMT

Saudi's soul-searching for citizen job opps: Is renewable energy the next frontier?

  
The Iranian official complained that Pakistan has done little to construct its own section of the project.
 Majedi said Iran has proposed Islamabad seek assistance from European firms to complete the Pakistani part of the pipeline project between the two neighbors.
December 16th, 2013 - 03:55 GMT

What's all the beef about? Iran suspends $250 million pipeline loan to Pakistan

Al Bawaba
December 16th, 2013 - 03:55 GMT

DEWA organises ‘Health and Safety Week

The exploration programme for block 41 is expected to begin with seabed coring in 2014.
December 15th, 2013 - 04:08 GMT

Oman inks pact with Total, Petrogas for developing oil blocks

The six-month shutdown of Libya's oil industry by rogue militias and disgruntled tribesmen has forced the government to dip into the country's foreign reserves, a
December 15th, 2013 - 03:00 GMT

Immeasurable dangers facing Libya's economy over perpetual oil shutdown

The global supply of oil in the world is set to rise. (Image credit: Shutterstock)
December 15th, 2013 - 09:35 GMT

Are the prices of oil going to crash in the near future?

KSA is expanding its electrical supply to meet the needs of a rising population, a growing industrial sector, and increased demand for air conditioning (File Archive/Shutterstock)
December 11th, 2013 - 10:00 GMT

Spotlight on Saudi Arabia: KSA expands electrical supply, power plan largest in the Middle East

Increase in global supply will result in a drop in oil prices. (Image credit: Shutterstock)
December 11th, 2013 - 06:55 GMT

Investor alert: Oil to drop by $10 in 2014

ENOC receiving the award
December 10th, 2013 - 09:52 GMT

ENOC wins YBL Award for ‘Best Supporting Entity to the Government Procurement Programme’

The emirate of 2.2 million people, with its economy rebounding as local hospitality and property industries flourish, expects to attract 25 million visitors during the six-month show starting October 20, 2020
December 10th, 2013 - 03:55 GMT

Anything for the Expo 2020, Dubai splurges on going solar

The supreme tragedy is that the US has bankrupted itself ensuring military security for the oil-producing nations of the Gulf when oil production is destroying the world
December 9th, 2013 - 10:50 GMT

Arab conspiracy theorists, be thrilled: the US pentagon has spent $8 trillion to guard Gulf oil and destabilize the Middle East

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