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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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Al Bawaba
February 6th, 2013 - 07:39 GMT

Kuwait Styrene realizes USD 59 Million net profit in 2012 Sales value exceeds USD 667 million

Our Desert is in Our Eyes campaign
February 6th, 2013 - 05:35 GMT

DEWA participates in Our Desert is in Our Eyes campaign

The Emirates national oil company, ENOC, is shunning Iranian oil in favour of Qatari crude
February 5th, 2013 - 12:15 GMT

Emirates oil company shuns Iran in favour of Qatar

The hostage crisis in Algeria could see Maghreb economies diversifying away from hydrocarbons
February 5th, 2013 - 09:32 GMT

Algerian gas installation attack could see economies diversifying

The Kuwait Fund for Arab Economic Development has offered Lebanon a $85 million loan for electricity development
February 5th, 2013 - 05:58 GMT

Kuwait grants $85 million loan for electricity projects

Fuel subsidies in Egypt cost the government  $30 million daily, according to the Minister of Petroleum
February 4th, 2013 - 12:41 GMT

Oil subsidies in cost Egypt $30 million a day

Despite defaulting on an Islamic bond last year, Dana Gas, has posted a 20 per cent rise in profits
February 4th, 2013 - 12:06 GMT

Dana Gas posts profits despite default

Fuel demand in Jordan is creeping up despite the government raising the prices in November last year
February 4th, 2013 - 08:40 GMT

Jordanians thirst for fuel increases despite price rise

The Saudi petrochemical sector is booming.
February 3rd, 2013 - 01:57 GMT

Saudi beats off competition to hold monopoly on petrochemicals

Iran’s crude exports reached 1.4 million barrels per day
February 3rd, 2013 - 08:50 GMT

The great game: Despite sanctions, Iran sees oil sales rise

Al Bawaba
February 3rd, 2013 - 04:34 GMT

Omanoil CEO commends staff contributions to excellent customer care

Iran has asked for international help over a sunken gas rig in the South Pars gad field (file photo)
January 31st, 2013 - 12:45 GMT

Iran asks for help over sunken gas rig

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