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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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Libya could be set for more oil exploration
December 12th, 2012 - 08:02 GMT

More exploration for black gold in Libya

Countries like Iran say that OPEC should bring down production as demand has come down in Western nations
December 11th, 2012 - 08:49 GMT

Watching this space: Crude oil parties await the OPEC meeting

Iran holds the world's third-largest proven oil reserves and the second-largest natural gas reserves
December 11th, 2012 - 01:43 GMT

Iranian Oil Ministry to set up refinery near Caspian Sea

The U.S. is expected to become energy self-sufficient in 2020, and to become an oil exporter by 2030
December 11th, 2012 - 09:35 GMT

America is already starting to play it cool with the Middle East

China and other countries in Asia, including South Korea continue to buy Iran’s oil
December 10th, 2012 - 04:23 GMT

No hands on deck: Iran's shipping safety at risk

Solar energy
December 10th, 2012 - 12:53 GMT

MENA keeps up the pace with renewable energy

OPEC survived the day, despite penalties imposed on Iraq in terms of cutting off its oil flow to the market
December 9th, 2012 - 01:10 GMT

OPEC navigates the slippery slope of politics

Saudi total oil exports in the current year are predicted to yield SR 1.089 trillion in revenues
December 9th, 2012 - 12:51 GMT

Saudi burns the midnight oil: exports rake in over SR 1 trillion

Amid the buzz over solar, countries have begun rolling out ambitious renewable targets
December 9th, 2012 - 08:44 GMT

Solar power take off as Middle East wakes up to a new sunny dawn

Pricing is an involved process, entailing price reporting agencies (most prominently Platts and Argus) in a central role
December 9th, 2012 - 07:30 GMT

What oil price?

Al Bawaba
December 9th, 2012 - 06:26 GMT

Omanoil organizes quality control & HSSE training with Air BP for leading aviation customers & stakeholders

CCS is the process of collecting waste carbon dioxide from places where it is heavily produced as a byproduct
December 6th, 2012 - 11:02 GMT

COP18: GCC innovative new plans to help the economy

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