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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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The solar EOR project produces a daily average of 50 tonnes of emissions free steam
September 18th, 2013 - 11:01 GMT

Middle East’s first Solar EOR project lighting the way

Nonoil growth of 4.5 percent year-on-year in the first half of the year was little changed compared with the same period last year
September 18th, 2013 - 10:49 GMT

The paradox: Saudi's non-oil sector to grow, but economy remains stimulated by oil spending

Uganda, South Sudan and Kenya "possibly" within this year will create a joint company to construct and maintain the oil pipeline
September 17th, 2013 - 11:10 GMT

Japanese firm to lay a 2,000 km pipeline to export South Sudan and Uganda's oil

Qatar shows a high degree of investor confidence
September 17th, 2013 - 10:28 GMT

Qatar's oil & gas sector buoys investor confidence

The biggest reason for pundits to stay calm and not nervous despite the Libyan outage this time – is the unraveling shale revolution – changing the overall crude perspective.
September 15th, 2013 - 08:07 GMT

It's only the beginning: how the 'shale revolution' is shifting the landscape of global oil production

Lagarde refused to comment on the money that Egypt received from the Gulf Cooperation Council (GCC).
September 15th, 2013 - 07:46 GMT

Egypt to IMF: Thanks, but no thanks, the Gulf's got us covered

New York crude had struck $112.24 a barrel at the end of August, which was the highest level for more than two years.
September 15th, 2013 - 06:49 GMT

Oil prices eased by ongoing Syria talks

Al Bawaba
September 15th, 2013 - 05:21 GMT

Emirates Gas launches Mobile App

Dozens of Lebanese firms are moving their operations abroad, the head of the Beirut Chamber of Commerce told The Daily Star Wednesday, amid what he termed was an “unprecedented economic slowdown.”
September 12th, 2013 - 09:37 GMT

As if the brain drain wasn't enough: energy costs could drive Lebanese businesses away

The IEA comprises OECD countries that hold strategic inventories which can be released in the event of a supply disruption in oil markets.
September 9th, 2013 - 01:24 GMT

Oil might be getting expensive, but we're all covered- says IEA

"If WEC’s estimates for Israel stand, the economic balance of power between the Jewish state and surrounding Muslim countries will shift dramatically".
September 9th, 2013 - 11:17 GMT

A forever game-changer: Is Israel about to be blessed with the Arab 'oil curse'?

Al Bawaba
September 9th, 2013 - 07:59 GMT

Omanoil breaks HSSE record with 21 years of safe operations at Mina Al Fahal Distribution Terminal

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