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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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Rosatom
December 10th, 2018 - 05:55 GMT

Russia and Argentina Signed a Strategic Document, Envisaging Improved Cooperation in the Peaceful Use of Nuclear Energy

ADNOC’s Blockchain pilot has provided a single platform that tracks the quantities and financial values of each bilateral transaction between ADNOC’s operating companies, automating the accounting process. (Shutterstock)
December 10th, 2018 - 04:18 GMT

ADNOC to Use Blockchain in Oil and Gas Production Value Chain

Iranian President saluted Turkish President Recep Tayyip Erdogan for his stance against the U.S. sanctions and constructive manner regarding the issues in the Islamic community. (Shutterstock)
December 10th, 2018 - 03:15 GMT

Iran Eager to Expedite Energy and Financial Agreements With Turkey

OPEC said the global economic growth outlook for 2019 is slightly lower than for 2018, and could potentially have ramifications for global oil demand next year. (Shutterstock)
December 9th, 2018 - 03:19 GMT

OPEC, Non-OPEC to Slash Oil Output by 1.2 Million Barrels

The stations have undergone extensive reconstruction to bring them into line with ADNOC Distribution’s operational standards.
December 6th, 2018 - 12:09 GMT

ADNOC Distribution Opens First Service Stations in the Kingdom of Saudi Arabia

Rosatom
December 6th, 2018 - 06:51 GMT

Rosatom: Nuclear Egypt – The Base of the New Urbanity

There has been some global resistance to cuts in OPEC oil production, with US President Donald Trump pushing Saudi Arabia to pump more oil to keep fuel prices low for Americans. (Shutterstock)
December 6th, 2018 - 03:58 GMT

Will OPEC+ Countries Cut Their Oil Output?

"Examining the reasons for Qatar’s exit from OPEC is a necessity,” Zanganeh said, adding that “OPEC has big problems from some oil producers which Qatar is not a part of.” (Shutterstock)
December 6th, 2018 - 03:46 GMT

Iran Wants to Dig Deeper Into Qatar's OPEC Exit

President Hassan Rouhani has reaffirmed that the United States will not be able to stop Iran’s oil sales. (AFP)
December 5th, 2018 - 11:29 GMT

Rohani Threatens to Stop All Oil Exports Through Arabian Gulf If US Targets Iran’s Crude Exports

11th Marine Conference by ENOC Group
December 5th, 2018 - 09:03 GMT

ENOC Group Hosts 11th Marine Conference 2018

Qatar’s decision to exit OPEC will have no major impact on the cartel’s decision-making process, oil output or oil prices in the short term. (Shutterstock)
December 5th, 2018 - 07:03 GMT

On the Heels of Its OPEC Exit, Will Qatar Increase Its Oil Output?

Qatar has decided to withdraw its membership from OPEC effective January 2019 and this decision was communicated to OPEC this morning. (Shutterstock)
December 4th, 2018 - 08:48 GMT

The Real Reason Behind Qatar's Withdrawal From OPEC

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