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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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The waivers were granted to major oil importers China, India, Malaysia, Republic of Korea, Singapore, South Africa, Sri Lanka, Turkey, and Taiwan
June 6th, 2013 - 11:46 GMT

US renews bid to reduce Iran oil exports

Iraq has been one of the countries Sudan has turned to for help with its financial woes
June 6th, 2013 - 09:54 GMT

Iraq to credit cash-strapped Sudan oil

Most of the waste in energy happened at night because lights and air conditioners were left on in offices
June 6th, 2013 - 09:51 GMT

Tecom Investments to reduce energy consumption by 25%

ENOC marks World Environment Day with a pledge
June 5th, 2013 - 11:43 GMT

ENOC marks World Environment Day with employees pledging to reduce ‘foodprint’

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

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