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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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Egypt's fuel subsidy changes are not stalling the long-awaited IMF deal, according to the country's petroleum minister
April 28th, 2013 - 09:49 GMT

Energy subsidy reform not stalling Egypt's IMF deal - Minister

The price of Kuwaiti crude oil jumped to almost $100 a barrel in weekend trading.
April 28th, 2013 - 09:25 GMT

Kuwaiti crude just misses $100 a barrel mark

Lebanon's energy ministry has refused to comment a dip in power ship output
April 28th, 2013 - 08:47 GMT

No word yet from Lebanon's energy ministry on power-ship failures

Jordan's Prime Minister has said that no decision on increasing electricity prices will be taken without consulting the country's lower house
April 28th, 2013 - 08:29 GMT

Jordan's PM offers electricity price consultation with MPs

Al Bawaba
April 28th, 2013 - 05:33 GMT

Husain: EQUATE’s local sales worth over USD 45 million in 2012

the Turkish operator of the power ship hired by Lebanon has cut its electricity production because of poor quality diesel
April 25th, 2013 - 12:49 GMT

Lebanon power ship failure caused by poor quality fuel - sources

Egypt will seek bigger share in oil and gas projects run by foreign companies
April 25th, 2013 - 12:28 GMT

Egypt wants bigger share in future oil and gas deals - minister

The IMF has warned Sudan to use its new oil money wisely
April 25th, 2013 - 12:10 GMT

Use oil money wisely - IMF to Sudan

Dubai Electricity and Water Authority
April 25th, 2013 - 09:53 GMT

ISAS students visit DEWA’s new Jebel Ali plant

Iran considers the logical price of crude to be around $100 to $120 a barrel
April 24th, 2013 - 12:47 GMT

Iran in talks with OPEC members to maintain oil price around $100

Oil prices will dip as demand weakens coupled with increased output, experts predict
April 24th, 2013 - 11:27 GMT

Excess supply to hit oil prices in next 5 years

In order to reach the initially identified deeper targets, oil and gas companies would have needed to drill about 6-7 km deep
April 24th, 2013 - 08:41 GMT

Lebanon's gas could be easily accesible, experts claim

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