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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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"Saudi Arabia is the central banker of the oil market and the decision that they will bring more oil to the market is definitely a good one," Birol said
December 15th, 2011 - 10:34 GMT

To tame oil prices, follow Saudi's steps

Iraq hopes to boost production to 4.5 million bpd and join the quota system by 2014, Falah Al Amri, the director of Iraq's State Oil Marketing Organization, told Bloomberg in October
December 14th, 2011 - 10:46 GMT

OPEC to focus on output

Al Bawaba
December 14th, 2011 - 10:37 GMT

Two Masdar Institute students showcasing research work at ‘Eye on Earth 2011’ in Abu Dhabi

Estimates of global oil demand rise from 88.3 million bpd in 2010 to 95 million bpd in 2016, the IEA said in its twice-yearly estimates for the medium term
December 13th, 2011 - 05:11 GMT

Oil market set to be more balanced in 2012

Al Bawaba
December 13th, 2011 - 09:58 GMT

Masdar Institute hosts two-day ‘Leadership’ Course for 20 YFEL Members

"We see an increasing number of attacks on our IT systems and information and there are various motivations behind it criminal and commercial," said Luehmann, an IT manager at Shell Europe's biggest company
December 13th, 2011 - 09:46 GMT

Global oil supplies at threat

Hamad Al-Terkait, EQUATE President & CEO
December 13th, 2011 - 07:31 GMT

EQUATE sponsors 6th Gulf petrochemicals forum attended by over 1500 persons

Al Bawaba
December 13th, 2011 - 06:12 GMT

Omanoil joins treasure hunt to discover Oman’s unadorned beauty

Al Bawaba
December 12th, 2011 - 07:10 GMT

Emarat launches a “Mega Deal” campaign Offering Wasel Cards & Free Talk Time from Etisalat

 Peer-to-peer communication opens the door to close collaboration and partnership opportunities, which in turn leads to a robust ecosystem for innovation
December 11th, 2011 - 05:17 GMT

Renewable energy innovators

It is clear that KSA’s plans for spending its sovereign wealth fund will be mostly focused on the home front
December 11th, 2011 - 10:32 GMT

Nuclearization of the Gulf

Al Bawaba
December 11th, 2011 - 08:14 GMT

Kuwait Petroleum Corporation returns as sponsor of Kuwait Science Fair competition

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