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Oil and Renewables

Oil and Renewables latest

Renewed US-Iran Tensions Lift Oil Prices as Investors Focus on Inflation Risks
July 15th, 2026 - 04:08 GMT

Renewed US-Iran Tensions Lift Oil Prices as Investors Focus on Inflation Risks

Renewed tensions between the US and Iran have pushed oil prices higher, bringing inflation risks back into focus for global investors, according to Lale Akoner, Global Market Strategist at eToro. While crude prices have risen amid concerns over slower traffic through the Strait of Hormuz, markets are not yet treating the situation as a full-scale oil supply crisis. Instead, investors appear to believe that energy supplies are becoming tighter, but not significantly disrupted. "Markets are pricing in higher geopolitical risk, but not a major supply shock," said Akoner. "Slower traffic ...
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The EQUATE Group CFO Dawood Al-Abduljalil
December 13th, 2018 - 01:01 GMT

Equate Group Completes Its Facilities’ Amendment and Extension Exercise

Solar and wind power generation has risen from 2 per cent to 10 per cent of the country’s generated power since 2014. (Shutterstock)
December 13th, 2018 - 08:39 GMT

Jordan Aims to Have Renewable Energy Contribute to 20 Percent of Energy Needs

ENOC Compact service station
December 12th, 2018 - 01:07 GMT

Enoc Launches First Compact Fuel Station in Dubai

The Central Bank of Iran had been focused mainly on stabilizing foreign-exchange market over the past few weeks through promoting Iran’s national currency. (Shutterstock)
December 12th, 2018 - 08:00 GMT

Iran Claims Its Oil Exports Have Increased Since US Sanctions

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz on Monday broke ground on the King Salman Energy Park, SPARK. (Saudi Aramco)
December 12th, 2018 - 06:55 GMT

Bin Salman Inaugurates Saudi's Energy City Mega project

During the event
December 11th, 2018 - 08:47 GMT

Oman Oil Marketing Company Holds Annual Contractors’ Health, Safety, Environment and Quality Forum

According to Mohammad Hassan Adeli, former secretary general of the Gas Exporting Countries Forum, sanctions are one of the main reasons for Iran’s failure in its gas export policy. (Shutterstock)
December 11th, 2018 - 02:18 GMT

How Are the US Sanctions Affecting Iran's Gas Projects?

The transfer was endorsed by Dr Sultan Ahmed Al Jaber, UAE Minister of State and Adnoc Group CEO, and Liu Yijiang, chairman of China ZhenHua Oil. (Shutterstock)
December 11th, 2018 - 02:05 GMT

China Invests in ADNOC With 4 Percent Stake

The MENA region has had a chequered history of renewables adoption to date. (Shutterstock)
December 11th, 2018 - 01:53 GMT

MENA Has yet to Harness the Full Potential of Renewables

The timing of the decision, just few days before the 9th December PGCC Riyadh summit, seems to show the decision is somehow related to the current diplomatic rift between the two states (Shutterstock)
December 11th, 2018 - 01:42 GMT

Qatar's OPEC Withdrawal Hints at Increase of Iran’s Production Share

Price of Brent crude trades above $62 a barrel at start of week (Shutterstock)
December 11th, 2018 - 01:36 GMT

Brent Oil Recovers Following OPEC Oil Output Cut Announcement

ENOC smart station
December 10th, 2018 - 09:12 GMT

ENOC Group to Build 45 New Service Stations in Saudi Arabia in the Next Five Years

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