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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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IMF believes subsidy reform is a way for the government to focus on more meaningful ways to help the most vulnerable in society and spend more on other key utilities
April 24th, 2013 - 08:25 GMT

MENA biggest spender on subsidies

Fuel prices in Jordan are set to drop
April 24th, 2013 - 07:04 GMT

Fuel prices in Jordan to drop

The EU has eased its sanctions on Syria in an effort to boost the rebels
April 23rd, 2013 - 10:52 GMT

EU lifts Syria oil embargo

Egypt has awarded gas exploration deals for the Nile Delta region
April 23rd, 2013 - 10:18 GMT

Egypt awards gas exploration contracts

Al Bawaba
April 23rd, 2013 - 09:35 GMT

Octal raises awareness on hypertension as part of World Health Day initiatives

Iran is owed billions in oil revenues which customers who have been unable to pay because of sanctions imposed on the Islamic republic
April 23rd, 2013 - 08:53 GMT

Iran is owed billions in oil revenues

The U.S. is expected to produce an estimated 230 million tons of gas over the next decade
April 23rd, 2013 - 08:46 GMT

Lebanese offshore has may not be the big money spinner it hopes

UAE central bank chief urges oil exporters to diversify more
April 23rd, 2013 - 08:40 GMT

UAE Central bank boss urges oil exporters to diversify

Iran is looking to try and sell oil to North Korea.
April 22nd, 2013 - 12:12 GMT

Iran looking to sell oil to North Korea

Eni, the Italian energy company, is hoping to ensure the safety of the Trans-Mediterranean gas pipeline
April 22nd, 2013 - 11:38 GMT

Eni reviews security at Tunisian facility

The updated database foresees the capacity reaching 191.2 million tonnes by 2020
April 22nd, 2013 - 11:06 GMT

GCC Pet-chem industry set to boom

Saudi Arabia is maintaining its commitment to global oil stability, according to the Kingdom's Finance Minister
April 22nd, 2013 - 08:42 GMT

Saudi Arabia is "committed to maintaining the stability of oil market" - Minister

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