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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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Five consortiums have been shortlisted for the implementation and funding of the project. (File photo)
November 28th, 2016 - 06:00 GMT

Jordan: Stage one of Red-Dead project expected to start in 2018

Oman Oil Marketing, Jaber bin Sulaiman Al Busaidi, Corporate Affairs Manager
November 28th, 2016 - 04:40 GMT

Oman Oil Marketing Company sponsors ‘Oman Al Sa’ada’

The deal deepens BP and Eni's partnership in Egypt, where they announced a significant gas discovery in the East Nile Delta in June. (File photo)
November 27th, 2016 - 12:30 GMT

BP buys stake in Eni's Zohr offshore gas field concession for $375M

The European Development Partners include the European Union (EU), KfW for German Development Cooperation, the European Investment Bank (EIB) and Agence Française de Développement (AFD).
November 27th, 2016 - 10:30 GMT

Egypt secures $296M EU funding for Gulf of Suez windfarm

During the event
November 27th, 2016 - 10:03 GMT

EQUATE participates in GPCA Leaders of Tomorrow Seminar

ADNOC Distribution service station
November 27th, 2016 - 07:28 GMT

ADNOC Distribution opens Al Mareead Marine service station in Ras Al Khaimah

OPEC is trying to cement a preliminary September agreement that would reduce its production to between 32.5 million and 33 million barrels per day. (File photo)
November 27th, 2016 - 06:00 GMT

Vienna oil meet scrapped following Saudi Arabia withdrawal

Oil prices posted wide swings in trading Tuesday as investors tried to guess what would happen next as OPEC members started preparations for meetings next week on a production proposal. (Shutterstock)
November 24th, 2016 - 11:00 GMT

Uncertainty over OPEC maneuvering sends oil prices lower

During the event
November 24th, 2016 - 07:33 GMT

ENOC recognises top suppliers for adding value to its business

ADNOC Distribution service station
November 23rd, 2016 - 09:37 GMT

ADNOC Distribution opens five rebranded service stations in Sharjah

During the event
November 22nd, 2016 - 09:23 GMT

DEWA hosts global ICT solutions provider Huawei during Innovation Week

King Salman bin Abdulaziz restructured the ministries responsible for handling water and energy policies in May 2016. (Wikimedia Commons)
November 22nd, 2016 - 08:30 GMT

Saudi Arabia moves to modernize water and energy sectors

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