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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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To cut its imports, Aramco has planned three new refineries
May 27th, 2013 - 09:52 GMT

Saudi Arabia diesel imports hike to new record

(Getty Images photo)
May 27th, 2013 - 09:38 GMT

Kuwait to sink $100bn in energy sector over 5 years

PDO signs $30mn deal to boost Omani manufacturing
May 27th, 2013 - 05:00 GMT

Petroleum Development Oman signs $30mn deal to boost Omani manufacturing

Photo courtesy of Masdar
May 27th, 2013 - 04:00 GMT

UAE oil remains steady month-on-month — IEA

The news comes one week before the Kuwait Energy and Efficiency Conference
May 27th, 2013 - 04:00 GMT

Kuwait to generate 15% of its energy news from renewable source by 2030

Jordan has been a natural candidate for a national solar power industry
May 26th, 2013 - 04:00 GMT

Is Jordan turning to alternative energy to avoid crisis?

Central Bank of Oman
May 26th, 2013 - 04:00 GMT

Weak tendering slows Oman credit growth in Q1

Companies are choosing between market share and profit
May 26th, 2013 - 04:00 GMT

Solar industry strength 'likely' to remain

Egypt to boost fuel supply to ease po2wer shortages
May 23rd, 2013 - 11:13 GMT

Egypt to sink some $700 million to easy electricity shortages

Juba accused Khartoum of instructing oil companies to stop production from some oil fields
May 23rd, 2013 - 11:02 GMT

Oil flows again from South Sudan through Sudan

Pakistan had received similar help from the Saudis in 1998
May 23rd, 2013 - 10:03 GMT

Saudi 'likely' to bailout Pakistan energy with $15 billion

West Texas Intermediate (WTI) fared a little better
May 23rd, 2013 - 10:00 GMT

Crude prices fall to a 10-months low

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