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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
November 19th, 2013 - 09:28 GMT

Oman oil marketing company signs agreement with Port of Duqm company to develop fuel bunkering capabilities

LPG demand has surged due to increased demand from countries like China and India. (Image credit: Shutterstock)
November 19th, 2013 - 06:32 GMT

Qatar to increase chemicals, petrochemicals and LPG output

Solar glass is a rapidly expanding business market. (Image credit: Shutterstock)
November 19th, 2013 - 04:51 GMT

With a new technology, a new UAE company eyes 10% of the global solar market

Do energy subsidies stifle innovation and hurt society in the long run?
November 18th, 2013 - 07:24 GMT

The unintended consequences of energy subsidies

Adel Khalifa Al Shaer and his accompanying delegation with officials of Bapco
November 18th, 2013 - 05:43 GMT

Emarat discusses further cooperation with Bahrain Petroleum Company "Bapco"

Oil prices are projected to remain stable in the long run, according to the report (Courtesy of TIME)
November 17th, 2013 - 10:21 GMT

What does OPEC think about the future of oil?

The International Energy Agency says Iraq’s oil production will fall below three million barrels per day for the first time in six months. Indeed, it could fall by half a million barrels due to long overdue infrastructure work at its southern terminals.
November 17th, 2013 - 09:42 GMT

Are Iraq's oil ambitions going down the drain?

Ms Eman Al Awadhi, KIPCO’s Acting Group Communications Director
November 17th, 2013 - 07:42 GMT

KIPCO announces platinum sponsorship of 30th NUKS-USA conference

ENOC Aviation
November 17th, 2013 - 05:03 GMT

ENOC Aviation to highlight global jet fuel supply capabilities at Dubai Airshow 2013

Dr. Mohammed al-Asoomi, an energy expert from the UAE, believes that the GCC should invest resources into an energy research center to ensure that the Gulf keeps up with the rapid changes in the world's energy sector (Shutterstock)
November 14th, 2013 - 08:25 GMT

Is shale really a "game-changer" for the Middle East?

Even in oil rich MENA, solar energy is projected to grow. (Image credit: Shutterstock)
November 14th, 2013 - 05:42 GMT

MENA solar energy to grow to 3.5 MW by 2015 -- and then some more

Al Bawaba
November 13th, 2013 - 08:43 GMT

Octal introduces Organizational Development Manager to advance national talent pool

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