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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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Both Cyprus and Lebanon are just a few years from becoming producers of natural gas
April 7th, 2013 - 10:57 GMT

Lebanon and Cyprus tie-up could be good news for the two struggling countries

A power ship loan to Lebanon is producing two hours of electricity (file photo)
April 7th, 2013 - 06:48 GMT

Power ship in Lebanon boosting electricity output

Al Bawaba
April 7th, 2013 - 05:34 GMT

Omanoil signs with National Mineral Water Company for ahlain branded water

Al Bawaba
April 7th, 2013 - 05:00 GMT

Al-Faresi: USD 250 billion value of Gulf Petrochemical investments by 2015 EQUATE sponsors GPCA PlastCon 2013

Dubai Electricity and Water Authority
April 7th, 2013 - 04:54 GMT

Dubai Electricity and Water Authority confirmed as strategic sponsor for Dubai Global Energy Forum 2013

Rosneft and ExxonMobil agreed to bid jointly in a tender for  Lebanon's offshore oil and gas
April 4th, 2013 - 11:59 GMT

Russia and US oil firms join forces in bid for Lebanese oil and gas

Libyan oil authorities are investigating the cause of blast that occurred on Tuesday night. (FIle Photo)
April 4th, 2013 - 10:47 GMT

Libya launches investigation in to oil pipeline blast

The fuel price raising option was among a set of recommendations
April 4th, 2013 - 07:57 GMT

Cheap fuel ban for foreigners rejected in Kuwait

Industry sources say fuel smuggling from Syria is harming Lebanon's industry
April 4th, 2013 - 07:53 GMT

Fuel smuggling from Syria to Lebanon harming fuel industry

Hundreds protested in Cairo over the increase in the cost of cooking gas
April 3rd, 2013 - 08:08 GMT

Protests over gas price hike in Egypt

Al Bawaba
April 3rd, 2013 - 07:47 GMT

Emarat honors distinguished employees for their dedication

Qatar is one of the few countries in the Gulf where power generation has grown considerably in the last decade, according to a new report.
April 2nd, 2013 - 12:13 GMT

Qatar keeps the lights on

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