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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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During the event
October 20th, 2013 - 04:56 GMT

Emirates Gas marks CSR commitment with donation of wheelchairs to Rashid Paediatric Therapy Centre

Nonetheless, the development of renewables has been significantly slower than was expected 20 years ago.
October 17th, 2013 - 11:40 GMT

Why the world has more than enough energy resources

“To meet the projected domestic and global demands by 2020, Saudi Arabia will have to pump between 12.5 million and 15 million bpd.” (Photo credit: Shutterstock)
October 13th, 2013 - 08:37 GMT

Time to catch up: Saudi Arabia taking the fast track to shale production

Oil sanctions on Iran have created instability and lack of transparency in the markets
October 13th, 2013 - 11:48 GMT

What Iran's economy minister has to say about sanctions

Al Bawaba
October 13th, 2013 - 06:49 GMT

Oman Oil company acquires OXEA chemicals company

On completion, the park will comprise a research and development centre, an educational institute, a museum of technology, exhibitions to help students in training.
October 10th, 2013 - 12:19 GMT

Dubai's first solar park to be launched in less than two weeks!

Al Bawaba
October 10th, 2013 - 09:33 GMT

Masdar achieves financial close of London Array Project

DEWA
October 10th, 2013 - 05:03 GMT

DEWA’s Assessment Centre records robust success in nurturing human resources and promoting Emiratisation

ENOC Lubricants at ME Base Oil Conference
October 10th, 2013 - 04:42 GMT

ENOC Lubricants showcases its diverse product range at 10th Middle East Base Oils & Lubricants Conference

Bilateral relations between Sudan & Russia
October 9th, 2013 - 10:11 GMT

Sadan and Russia's energy-driven cooperation

With four plants online by 2020, nuclear energy will deliver up to a quarter of the nation’s electricity needs
October 9th, 2013 - 08:28 GMT

Where does the UAE's nuclear project stand?

Al Bawaba
October 8th, 2013 - 11:05 GMT

Omanoil gains international recognition for business excellence with six awards at BIZZ Arabic 2013

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