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Oil and Renewables

Oil and Renewables latest

OPEC
April 28th, 2026 - 12:29 GMT
Sally Shakkour

Sally Shakkour

UAE withdraws from OPEC and OPEC+

ALBAWABA - The United Arab Emirates announced its decision to withdraw from OPEC and OPEC+, Emirates News Agency (WAM) reported Tuesday. WAM added that the Guld country's decision to exit OPEC and OPEC+ aligns with the state's long-term strategic and economic vision. The decision will be effective starting from May 1, 2026. According to experts, the withdrawal decision is expected to greatly affect the oil-exporting groups amid the ongoing Middle ...
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Hormuz
July 19th, 2012 - 04:00 GMT

US and UK threaten Iran after the Shia state blocks Hormuz

ENOC Challenge and Masiraty
July 19th, 2012 - 11:24 GMT

ENOC concludes Challenge V and Masiraty III programmes for 17 underprivileged participants

Oil Drilling
July 18th, 2012 - 06:22 GMT

Qatar and Iran join forces to start mass oil drilling

The discovery of gas fields spanning a large area within the Mediterranean, west of the coast of Israel, significantly broadens the challenges facing the Israeli navy
July 18th, 2012 - 02:46 GMT

Israel gas fields pose naval security challenge

Saudi oil
July 18th, 2012 - 09:56 GMT

Saudi gains exponentially from oil with 48% rise in revenue

Iran has discovered a new oil layer with two million barrels of oil reserves in its territorial waters in the Caspian Sea
July 18th, 2012 - 07:29 GMT

Iran does 'well' to discover new oil in Caspian

Sudan’s foreign minister Ali Ahmed Karti
July 17th, 2012 - 01:26 GMT

Deal or no deal? Sudan's FM says no for oil meeting

Iran Iraq flag
July 17th, 2012 - 12:59 GMT

Iraq to import natural gas from Iran

Al Bawaba
July 17th, 2012 - 04:57 GMT

Kuwait Energy and consortium sign initial contract for exploration and development of “block 9”, Basra, Iraq

Saudi output bounces back in June
July 16th, 2012 - 12:40 GMT

Saudi bumps up oil supplies

OPEC,which produces a third of global oil, said daily average demand for its crude in 2013 would stay below its current production levels
July 16th, 2012 - 10:34 GMT

Oil demand set to slump by 2013

Oil Pipelines
July 16th, 2012 - 10:03 GMT

UAE starts pipeline to bypass Iran's Strait

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