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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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Iran's oil exports to Europe in May surged to their highest level since the lifting of sanctions in early 2016. (AFP/ File)
June 14th, 2017 - 08:00 GMT

Iran's Oil Recovers Share Lost to Saudi Arabia in Europe

OPEC has expressed concerns about an excess supply on the market as a result of the recovery in Libyan oil production. (AFP/ File)
June 14th, 2017 - 07:00 GMT

Libya, Germany Sign Deal to Boost Oil Production in July

The Football Championship was sponsored by the Emirates Nuclear Energy Corporation.
June 14th, 2017 - 11:06 GMT

96 Takatof Volunteers Bring Joy to Children With Terminal Illnesses

His Excellency Saif Humaid Al Falasi, Group CEO, ENOC
June 14th, 2017 - 09:00 GMT

ENOC Signs Agreement With Winspec Marine

Saudi Arabia's Energy, Industry and Mineral Resources Minister and chairman of Saudi Aramco, Khalid Al-Falih. (AFP/ File)
June 13th, 2017 - 07:00 GMT

Saudi Arabia Accelerates Plans for Renewable Energy

Before being named the group's new CEO, John Flannery was the president and CEO of GE's healthcare unit. (Bloomberg)
June 12th, 2017 - 10:00 GMT

Meet GE’s New CEO, John Flannery

Egypt's oil debts had reached $4.5 billion dollars at the end of December 2016. (File photo)
June 12th, 2017 - 07:59 GMT

Egypt Reduces Oil Debts By Paying off $2.2 Billion to Oil Companies

The MoU was inked by David N. Farr, Emerson’s chairman and chief executive officer and Amin H. Nasser, Saudi Aramco's president and CEO. (Trade Arabia)
June 12th, 2017 - 09:21 GMT

Saudi Aramco Signs Digitization Deal With Emerson

Sheikh Mohammed gets a briefing on the project from Al Tayer. (Trade Arabia)
June 12th, 2017 - 08:28 GMT

DEWA Awards Hatta Power Plant Consultancy to EDF

The headquarters of QatarGas, the largest LNG producer in the world, in Doha. (Shutterstock)
June 11th, 2017 - 08:00 GMT

Qatar Gas Supplies Not Affected by Crisis: Reports

His Excellency Saif Humaid Al Falasi, Group CEO, ENOC
June 11th, 2017 - 07:41 GMT

ENOC Group and Dubai Foundation for Women and Children Support Underprivileged Families During Ramadan

Nuclear power is the cleanest and most environmentally friendly method of energy generation in terms of its minimum greenhouse gas emissions.
June 11th, 2017 - 07:07 GMT

IAEA Director General Commends Russia’s Role in the Development of the Global Nuclear Power Generation Market and Non-Energy Peaceful Nuclear Applications

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