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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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Gasoline prices needed to rise in line with those of its neighbours
May 13th, 2013 - 12:58 GMT

Libya to lift subsidies on all fuel

RAK Petroleum plant
May 13th, 2013 - 10:53 GMT

RAK Petroleum to go public in UK

Country will be “lucky to go past” its current oil production of about 9 mbpd by 2020
May 13th, 2013 - 09:09 GMT

Saudi Arabia to maintain its current oil production capacity

Iran has managed to make progress on different fronts, including the energy sector
May 13th, 2013 - 03:31 GMT

Iran has around 25% of the petrochemicals in Middle East

The GCC projects industry is expected to have another stellar year in 2013
May 12th, 2013 - 11:49 GMT

Stellar 2013 for GCC industry with $1.35 trillion projects

The South Pars/North Dome field is the world’s largest gas field and is shared by Iran and Qatar.
May 12th, 2013 - 10:35 GMT

Iran to increase production of South Pars gas field to 100 mcm, invest $30 billion

The exhibition will showcase the latest technology in energy management
May 12th, 2013 - 10:15 GMT

Bahrain to host Energy Management Conference 2013 edition

Commerce and Industry Minister Tawfiq Al-Rabiah speaks at the Forum for Indigenization of Electrical Equipment Industry in Riyadh.
May 12th, 2013 - 09:54 GMT

Saudi Arabia continues its support of Saudization

Kurdistan thumbs its nose once more to Federal Iraq in a long-running feud that threatens to boil over
May 12th, 2013 - 06:40 GMT

Did the Kurds smuggle crude out of Iraq?

The step will pave the way for qualified companies to become suppliers for Qatar Shell
May 12th, 2013 - 04:40 GMT

Shell, QDB sign deal to develop SMEs sector in Qatar

U.S. Senate minority leader Mitch McConnell (R-KY) speaks as Senate Republican leadership hold a press conference after their weekly policy luncheon in the U.S. Capitol building in Washington, DC. (Photo by Allison Shelley/Getty Images)
May 9th, 2013 - 10:42 GMT

US bill to block Iran from using its Euro reserves

Saudi Arabia’s Green Construction Potential: Insurance for a New Green Economy?
May 9th, 2013 - 10:16 GMT

GCC states should look into investing in green economy

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