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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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Saudi Arabia's Aramco, the largest crude oil exporter in the world, recently bought solar panels from Canada that it will install in one of it's power plants (Courtesy of Zawya)
November 20th, 2013 - 11:00 GMT

Oil-giant KSA at UN conference to share expertise on "green" technologies

Kuwait, a key OPEC member, controls nearly 101 billion barrels of proven oil reserves at around three trillion cubic metres of natural gas.
November 20th, 2013 - 03:55 GMT

Desperate to stay on top, Kuwait pumps billions to raise oil production capacities

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?

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