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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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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

 A petroleum refinery of Qatar Petroleum stands on October 26, 2011 near Umm Sa'id, Qatar. Qatar is ranked 16th in countries with the biggest oil reserves and 3rd in natural gas reserves. (Photo by Sean Gallup/Getty Images)
May 9th, 2013 - 09:52 GMT

Qatar Petroleum to list 4 subsidiaries worth a whopping $50 billion on Qatar Exchange

Total oil and gas revenues were down 17 per cent at Dh2.4 billion for the first quarter
May 9th, 2013 - 09:38 GMT

Abu Dhabi national energy company earns more than Dh440 million in Q1

Al Bawaba
May 9th, 2013 - 04:58 GMT

RAK Petroleum announces record profits, new acquisition

The original plan projected a total of 895 MW of power
May 8th, 2013 - 01:31 GMT

Climate investment funds give MENA green light for regional solar plan

Prospects bright for solar power in Oman
May 8th, 2013 - 11:34 GMT

Energy Authority identifies 4 locations for large-scale solar projects in Oman

Construction workers in Saudi Arabia
May 8th, 2013 - 10:38 GMT

Vital SR1 bn water provision and road development projects on track

Rationalization of subsidies, particularly on fuels for non-targeted participants is needed to improve Saudi productivity
May 8th, 2013 - 10:10 GMT

Suggestion of lifting oil subsidies in Saudi Arabia surfaces during conference

During the honoring ceremony
May 8th, 2013 - 08:28 GMT

ENOC honours 15 suppliers for outstanding performance in 2012

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