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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
September 8th, 2013 - 09:47 GMT

Can opportunists thrive on oil price madness?

The biggest damage resulting from the closure of oil facilities is the reduction in the production of oil and gas, which has caused a deficit in the general budget of the Libyan state.
September 5th, 2013 - 01:54 GMT

Libya's oil production: hitting rock bottom?

During the meeting
September 5th, 2013 - 06:31 GMT

DEWA receives delegation from Ajman Free Zone Authority

“The economics of switching to solar energy in the Middle East is ever more compelling. With oil prices increasing, and solar technology costs plummeting, it is time for governments in the Middle East to turn talk into action,” said Marc Norman. The six GCC countries altogether have sanctioned solar power installation projects worth approximately $155 billion.
September 3rd, 2013 - 02:32 GMT

The UAE and Saudi Arabia's 'bright' future-literally

“Our top priority at JIB is to attract investments in the renewable energy sector due to the dire need of the Kingdom to diversify energy resources," said Awni Rushound, CEO of the Jordan Investment Board.
September 2nd, 2013 - 06:26 GMT

Jordan's energy sector about to attract phenomenal investments

Based on the agreement, Iran would earn $3.7 billion a year from natural gas exports to Iraq.
September 1st, 2013 - 12:55 GMT

Iran to remain bound by gas export deal with Iraq

During the visit
September 1st, 2013 - 11:34 GMT

DEWA receives delegation from Federal Electricity and Water Authority

The International Atomic Energy Agency (IAEA) is providing technical assistance to GCC states in this regard.
September 1st, 2013 - 08:24 GMT

Learning the lesson: GCC plans emergency nuke alert system

However, the sharp market reaction seems to reflect two things — one the fear of a wider expansion of the conflict and the relatively tight situation of supplies.
September 1st, 2013 - 07:00 GMT

Why the hike? What the Syrian crisis means for regional oil production

Sultan Qaboos Bin Said of Oman (Getty)
August 28th, 2013 - 11:08 GMT

Sultan Qaboos' visit to Iran marks big boost to energy ties

ENOC Retail ZOOM Market
August 28th, 2013 - 10:06 GMT

ENOC Retail extends convenience of ZOOM Market to residents of JBR and Dubai Marina

Al Bawaba
August 28th, 2013 - 09:49 GMT

Kuwait energy makes new oil discovery in the western desert

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