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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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Dubai has no plans to privatise key utilities, according to the head of DEWA
February 21st, 2013 - 04:00 GMT

No plans to privatise utilities in Dubai

Emirates National Oil Company
February 20th, 2013 - 10:58 GMT

ENOC explores self-service option across its fuel station network during late-night operating hours

Jordan's decision to cancel winter time saved the Kingdom $7 million, according to the country's Energy Minister
February 20th, 2013 - 10:34 GMT

Cancelling winter saved Jordan $7 million

UAE subsidises about 68 per cent of the cost of gasoline
February 20th, 2013 - 07:54 GMT

Laughing all the way to the gas station: UAE has fifth cheapest petrol in the world

The gas facility at the centre of the Algeria hostage crisis is set to restart production on February 24
February 20th, 2013 - 07:49 GMT

Algerian hostage gas site to restart production

Al Bawaba
February 20th, 2013 - 07:43 GMT

Kuwait Energy announces year-on-year increases in revenue, production and profits

Egypt will begin to reduce fuel subsidies in April, the country's minister of petroleum and mineral resources said on Monday.
February 19th, 2013 - 11:53 GMT

Egypt to ration fuel subsidies in April - Petroleum minister

Oil companies in Lebanon deny fuel has been re-exported to Syria [file photo]
February 19th, 2013 - 08:03 GMT

Oil companies deny re-exporting fuel to Syria

Iran urges full rights ahead of nuclear talks
February 19th, 2013 - 07:13 GMT

Iran tries to allay fears over nuclear programme

Saudi Arabia  has earmarked billions of dollars to produce more electricity in the Kingdom by 2019
February 18th, 2013 - 06:52 GMT

Saudi to spark electrical surge

Oman's nominal GDP grew by 13% in first nine months of 2012
February 17th, 2013 - 11:46 GMT

Oman's GDP booming on oil revenue

The Kuwait Foreign Petroleum Exploration Company (Kufpec) has chosen the banks to finance a loan $750 million loan agreement, according to reports
February 17th, 2013 - 11:22 GMT

Kuwaiti oil firm chooses banks for loans

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