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Oil and Renewables

Oil and Renewables latest

Brent crude
March 3rd, 2026 - 08:24 GMT
Sally Shakkour

Sally Shakkour

Brent crude jumps by 4% to $81 per barrel

ALBAWABA - Brent crude increased by over 4 percent, hitting $81 per barrel in afternoon trade in Asia on Tuesday amid intensive attacks in the Middle East. Around 0800 GMT, Brent was trading up 4.41 percent at $81.17 per barrel, while West Texas Intermediate was up 3.99 percent at $74.07 per barrel, AFP reported Tuesday. Nonetheless, European gas prices also recorded an increase of another 30 percent on Iran.
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During the signing
June 5th, 2013 - 08:07 GMT

DEWA signs MOU with First Solar

Al Bawaba
June 5th, 2013 - 04:00 GMT

$73b worth of natural gas contracts in GCC

The successful commissioning of the thermal enhanced oil recovery (EOR) plant in West Amal defines PDO's changing portfolio.
June 4th, 2013 - 12:02 GMT

Enhanced oil recovery to account for 22% Oman's output

Al Bawaba
June 3rd, 2013 - 11:36 GMT

Omanoil awards exciting prizes to first draw winners of 9th ‘shop & win with ahlain’ promotion

Al Bawaba
June 3rd, 2013 - 05:32 GMT

Kabariti, Rushoud hold talks with senior executives from Pacific Rim Energy

Al Bawaba
June 3rd, 2013 - 05:22 GMT

Egypt launches first phase of plan to cut fuel subsidies

Oman Oil Company Exploration and Production LLC (OOCEP)
June 2nd, 2013 - 09:10 GMT

Oman exploration awards $40mln offshore pipeline contract

US shale oil production has added 850,000 barrels per day to its current production levels
June 2nd, 2013 - 09:08 GMT

Saudi oil exports yield $114bln since beginning of 2013

Emirates National Oil Company
June 2nd, 2013 - 05:57 GMT

ENOC/EPPCO to reduce diesel price by 20 fils per litre from June 1, 2013

The landmark transaction was awarded “Middle East Infrastructure Equity Deal of the Year”
May 30th, 2013 - 10:48 GMT

Regional fund buys up 20% of Omani Power Company

Kuwait has three refineries with a daily production capacity of around 930,000 barrels
May 29th, 2013 - 09:51 GMT

Kuwait National Petroleum sign $516 contract with South Korea

South Korean firms including Samsung, Hyundai and Doosan Heavy Industries will build the four 1,400-megawatt reactors
May 29th, 2013 - 09:29 GMT

Abu Dhabi turns to nuclear energy with second reactor

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