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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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LPG cylinders
April 10th, 2017 - 09:35 GMT

ADNOC Distribution announces reduction of retail price of unsubsidised LPG for month of April

'I will eat you alive,' Philippine President Rodrigo Duterte told terrorists during an address to the Filipino community in Laos in September 2016. (AFP/Ye Aung)
April 10th, 2017 - 08:22 GMT

Philippines' Duterte on GCC tour to discuss investment, workers' rights

ENOC Group signed an agreement with Rotary Engineering Fujairah FZE to construct 12 new storage tanks as part of its plans to expand. (ENOC)
April 10th, 2017 - 07:04 GMT

ENOC refinery expansion receives boost as second major contract signed

One of the two proposed methanol plants is backed by a Chinese group which has a subsidiary in neighboring UAE. (Shutterstock)
April 9th, 2017 - 09:33 GMT

Chinese firms eye methanol projects in Oman

Gulf Keystone Petroleum, an operator in the Kurdish north of Iraq, said it has the funding necessary to move regional production to 40,000 bpd and could potentially hit 55,000 bpd. (Shutterstock)
April 9th, 2017 - 08:20 GMT

Kurdish oil production, exports set to rise: Operator

OPEC members in January began implementing a deal to cut production by 1.2 million barrels per day. (File photo)
April 6th, 2017 - 07:00 GMT

Iraq: Oil exports expected to increase amid infrastructure overhaul

Support for the construction of peaceful nuclear energy plants in the UAE has risen significantly since 2013. (File photo)
April 6th, 2017 - 12:10 GMT

92 percent in UAE back nuclear energy program: Poll

President and CEO of Qatar Petroleum Saad Sherida Al Kaabi (left) with ExxonMobil and Cypriot officials at the signing ceremony. (The Peninsula)
April 6th, 2017 - 10:27 GMT

Qatar Petroleum, ExxonMobil sign Cyprus gas deal

Jordan's Prime Minister Hani Mulki said that Jordan is working on diversifying its energy resources, notably in fields of renewable energy, oil shale and nuclear energy. (AFP/File)
April 5th, 2017 - 08:50 GMT

Jordan shifts to renewables, slashes energy bill by $3.5B: Minister

During receiving the CERs certification
April 5th, 2017 - 11:08 GMT

DEWA receives CERs certification from the UN Framework Convention on Climate Change for successful offset of emissions during WETEX 2016

His Excellency Saif Humaid Al Falasi, Group CEO of ENOC
April 5th, 2017 - 07:28 GMT

ENOC to showcase over 70 new career opportunities for Nationals at Careers UAE 2017

The deals between the two countries, four in total, include a memo to import and export natural and liquefied gas. (File photo)
April 4th, 2017 - 10:00 GMT

Jordan, Egypt sign gas supply deals

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