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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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Al Bawaba
March 8th, 2012 - 06:22 GMT

Emarat organizes a cricket championship for its service stations' employees

The semi-official ISNA news agency stated a key condition: Such a visit would require an agreement between the two sides on guidelines
March 7th, 2012 - 06:42 GMT

Iran: Tehran to allow nuclear inspectors into Parchin

World equities and oil have typically been closely correlated since 2008 because both were driven by global demand
March 6th, 2012 - 12:59 GMT

High oil price raises spectre of recession

Egypt’s 20-year gas deal with Israel, signed during the Mubarak era, is unpopular with some Egyptians, with critics accusing Israel of not paying enough for the fuel
March 6th, 2012 - 07:08 GMT

Egypt gas pipeline bombed for the 13th time

During the event
March 5th, 2012 - 11:45 GMT

TAQA to sponsor Zayed University’s Women as Global Leaders Conference

Brent fell 2 per cent on Friday after Saudi Arabia denied a media report of an explosion at a Saudi oil pipeline that had helped Brent crude prices shoot up $5 to $126.20
March 5th, 2012 - 10:25 GMT

Brent nears $124 on Iran supply concerns

US sanctions on Iran’s oil buyers, to begin July 1, have already forced its customers in Europe and Asia to curb purchases from the world’s fifth-largest crude exporter
March 5th, 2012 - 08:29 GMT

Saudi Arabia is taking steps to contain Iran oil threat

The Iranian foreign minister went on to say that Tehran has managed sanctions against the country by maintaining its political independence in the international arena
March 4th, 2012 - 03:55 GMT

Oil ban on Iran to pressure European people

The price hike came as a bid for citizens to carry part of the burden of rising electricity generation costs due to ongoing cuts in Egyptian gas supplies
March 4th, 2012 - 01:17 GMT

Jordan: Energy officials insist new electricity pricing accurate

Al Noor Fun Fair
March 4th, 2012 - 12:44 GMT

ENOC’s TarabuT CSR initiative raises funds for Al Noor Centre through Family Fun Fair

Iran is looking to discover 2.5 billion barrels of recoverable oil and 23 trillion cubic feet of gas in the course of the country's fifth five-year development programme (2010-2015) now under way
March 4th, 2012 - 11:09 GMT

Iran discovers huge oil field

Al Bawaba
March 4th, 2012 - 10:10 GMT

Emarat participates on a high note at the UAE Career Fair 2012

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