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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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ENOC's Pump Up the Volume
February 17th, 2013 - 09:11 GMT

ENOC employees Pump Up the Volume to strengthen corporate solidarity

German oil firm Wintershall has said it will remain in Libya, as it struggle to increase production
February 17th, 2013 - 08:58 GMT

German oil firm to remain in Libya

Beirut has received one of two power-generating ships in an effort to stop power cuts
February 17th, 2013 - 07:45 GMT

Power ship arrives in Lebanon

Al Bawaba
February 17th, 2013 - 05:31 GMT

Omanoil celebrates 10 years of staff dedication at annual retreat

Demonstrators in Arida blocked the international highway around 8 a.m., bringing traffic to a standstill on the road leading to the border crossing
February 14th, 2013 - 08:05 GMT

Lebanon: Syria-bound diesel trucks halted over claims cargo is used to quell uprising

Oil and gas transactions totalled a staggering $402 billion in 2012
February 14th, 2013 - 07:57 GMT

Oil and gas industry the most merger intensive

Oman launched a new system to promote safety in the oil and gas industry yesterday
February 13th, 2013 - 12:36 GMT

New safety practices for oil industry in Oman

The shortages come at a time when the government is keen to reduce fuel subsidies
February 13th, 2013 - 11:05 GMT

Egypt struggles with fuel crisis

Oil output in Iran dropped dramatically in 2012 due to sanctions, according to the IEA.
February 13th, 2013 - 11:02 GMT

Sanctions hit Iranian oil exports - IEA

Libya's Brega terminal  has its first export of LPG yesterday, according to a statement from the National Oil Company
February 13th, 2013 - 09:08 GMT

Libya announces first LPG export since revolutions

Ministry denies exporting fuel to Syria from refineries
February 13th, 2013 - 08:39 GMT

Lebanon denies fuel smuggled to Syria

Al Bawaba
February 13th, 2013 - 04:45 GMT

DEWA rolls out 8th Conservation Award for educational sector

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