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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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Nearly a hundred workers currently are engaged in the trailer and tanker development project
April 14th, 2013 - 07:13 GMT

UAE manufacturers helping Emirates to move away from imported goods

Jordan has released its second tranche of cash support as replacement for the fuel subsidy reductions.
April 14th, 2013 - 07:13 GMT

Second tranche of subsidy support released in Jordan

OPEC is expecting lower oil demand this year
April 11th, 2013 - 09:13 GMT

OPEC cuts oil demand forecast as global bodies lower predictions

Gas prices in Lebanon are continuing their downward trent.
April 11th, 2013 - 04:06 GMT

Gas prices in Lebanon keep on falling

Egypt and Qatar could be close to signing a crucial natural gas link-up
April 10th, 2013 - 11:26 GMT

Egypt close to signing Qatari gas deal

Electricite du Liban workers  are planning industrial action
April 10th, 2013 - 08:00 GMT

Electricite du Liban workers plan industrial action

Kuwait's oil output is in the range of 3 million bpd, the country's oil minister has stated.
April 9th, 2013 - 12:09 GMT

Kuwaiti oil output at 3million bpd - Minister

Egypt is set to abolish fuel subsidies within three to five years
April 9th, 2013 - 11:11 GMT

Egypt to abolish all fuel subsidies in "three to five years" - Minister

During the launching
April 9th, 2013 - 10:38 GMT

ENOC launches corporate governance programme set to global standards

The UAE is currently working on plans to have four nuclear power reactors operational in Barakah by 2020
April 9th, 2013 - 08:11 GMT

UAE's nuclear programme on track

Iraq and Jordan sign an agreement to build an oil pipeline between the two nations
April 9th, 2013 - 07:27 GMT

Iraq and Jordan sign oil pipeline deal

South Sudan restarted oil production Saturday, more than a year after it halted operations
April 7th, 2013 - 12:30 GMT

South Sudan resumes oil production

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