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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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UAE retained its position in the Middle East as the biggest spender in oil and gas sector
July 18th, 2013 - 06:09 GMT

UAE leads energy investment

Saudi Arabia was the larger supplier of oil to Brazil
July 18th, 2013 - 06:06 GMT

Brazilian Oil & Gas Sector Fuels Investment from Middle East

The current serrated gas cylinder valve (horizontal) has been changed to the new vertical self-closing valve powered by a safety valve to reduce the pressure inside the cylinder to prevent possible damage
July 17th, 2013 - 08:55 GMT

Switch to new gas cylinder valve now being enforced

Al Bawaba
July 17th, 2013 - 05:39 GMT

DEWA launches Excellence Assessors Club to promote organisational excellence

Kuwait is pumping around 3 million barrels per day of oil
July 16th, 2013 - 11:26 GMT

Kuwait discovers new oil field

Emirates Gas wins CSR Label for 3rd year
July 16th, 2013 - 09:46 GMT

Emirates Gas wins Dubai Chamber’s CSR Label award for 3rd consecutive year

In June, Washington granted new waivers to China, India, South Korea, and six other countries from the sanctions on Iran
July 16th, 2013 - 07:55 GMT

South Korea vamps up Iranian oil imports

The combined annual production of 2 billion cubic feet (bcf) at the Helium 1 and 2 plants will help meet around 25 per cent of current global demand
July 15th, 2013 - 12:55 GMT

Qatar becomes 2nd largest helium producer on the planet

Al Bawaba
July 15th, 2013 - 10:48 GMT

DEWA dedicates AED 1 million to clothe needy children around the world to support campaign launched by HH Sheikh Mohammed bin Rashid Al Maktoum

The average monthly blackouts in Bahrain have been cut from 12 hours in 2010 to 3.6 hours last year
July 15th, 2013 - 08:55 GMT

Bahrain sees significant drop in summer power cuts

Kuwait's aid package would comprise a $2 billion central bank deposit, a $1 billion grant and $1 billion in oil products
July 15th, 2013 - 06:05 GMT

Kuwait sends $200 million worth of oil to Egypt

Iraq supplied 24.04 million tons of crude oil in 2012-13
July 14th, 2013 - 08:55 GMT

Iraq has offered three oilfields to India on nomination basis: Moily

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