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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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Kuwaiti crude oil prices were up in yesterday's trading
January 31st, 2013 - 11:16 GMT

Kuwaiti crude edges up

3-D survey showed that gas reserves off its southern coast may be larger than previously though
January 31st, 2013 - 10:03 GMT

Lebanon's offshore gas supplies could be bigger than estimated

Al Bawaba
January 30th, 2013 - 11:07 GMT

DEWA launches first utility application for Windows 8 in Middle East & North Africa

Mehr news reported on Tuesday that BP had been dumping byproducts in the sea.
January 30th, 2013 - 08:44 GMT

Iran threatens to sue BP over Azeri spill

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

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