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Oil and Renewables

Oil and Renewables latest

Brent crude
March 3rd, 2026 - 08:24 GMT
Sally Shakkour

Sally Shakkour

Brent crude jumps by 4% to $81 per barrel

ALBAWABA - Brent crude increased by over 4 percent, hitting $81 per barrel in afternoon trade in Asia on Tuesday amid intensive attacks in the Middle East. Around 0800 GMT, Brent was trading up 4.41 percent at $81.17 per barrel, while West Texas Intermediate was up 3.99 percent at $74.07 per barrel, AFP reported Tuesday. Nonetheless, European gas prices also recorded an increase of another 30 percent on Iran.
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A rising energy bill does not bode well for the Kingdom, which has seen protests over fuel price increases in recent months.
January 30th, 2013 - 08:13 GMT

Fuel for the fire? Jordan's energy bill rises by a quarter since last year

Jordan's main energy supply from Egypt has been disrupted again, causing a dramatic reduction in gas supplies
January 29th, 2013 - 06:57 GMT

Egypt's gas supply to Jordan drops

Iran is to halt oil and gas export to Europe, a spokesman for the Iranian Oil Ministry said.
January 28th, 2013 - 01:34 GMT

Iran halts oil and gas exports to Europe

Libya has announced its gasoline suppliers for 2013 as the country lacks sufficient refining capacities
January 28th, 2013 - 12:46 GMT

Libya choses gasoline supplies

Kuwait and Iraq have signed an oil exploration deal for the 'Block 9' area of Basra
January 28th, 2013 - 12:17 GMT

Kuwait and Iraq ink Basra oil deal

World oil markets are tightening as Chinese fuel demand increases
January 28th, 2013 - 09:18 GMT

Saudi oil drop tightens oil markets

Iran denies there was an explosion at the Fordow nuclear facility
January 28th, 2013 - 09:00 GMT

Iran denies reports of explosion at nuclear facility

Al Bawaba
January 28th, 2013 - 08:58 GMT

ENOC hosts students from Duke University on educational visit

Protesters attacked an electricity company in Port Said, with one building catching fire, according to reports.
January 28th, 2013 - 03:00 GMT

Egypt: Protesters attack electricity company in Port Said

Al Bawaba
January 27th, 2013 - 10:02 GMT

Omanoil continues to expand presence across Sultanate with new filling stations & ahlain convenience stores

Global oil giant Exxon has overtaken Apple as the world biggest company, after the iPhone maker's share price dropped
January 27th, 2013 - 08:08 GMT

Exxon takes the sweetness out of Apple

In today’s world, countries are going away from nuclear fission and towards nuclear fusion
January 27th, 2013 - 07:43 GMT

Iran to push ahead with nuclear programme- state media

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