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Strategic Oil Reserves
March 14th, 2026 - 12:53 GMT
Osama Ali

Osama Ali

Japan announces major oil reserve release amid Iran war market shock

ALBAWBA - As part of an international effort to calm the world's energy markets after the conflict with Iran caused substantial price hikes, Japan announced intentions to release a significant amount of its strategic oil reserves. After initially expressing reluctance, European nations have decided to take part in a coordinated release of oil reserves, according to Japanese Industry Minister Ryosei Akazawa on Saturday. After Japan had earlier assisted in easing ...
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Al Bawaba
May 5th, 2014 - 12:04 GMT

Rotana to launch 10 new luxurious hotels around the ME to feast your senses on

Al Bawaba
May 5th, 2014 - 11:55 GMT

Intelligent transport heading your way: Riyadh summit to focus on current "smart" rail projects

The capacity of South Pars gas and oil fields could hit 100 million cubic meters daily in the current Iranian year
May 5th, 2014 - 10:55 GMT

Making it worthwhile: Iran's South Pars field exports gas, oil to 29 countries for $1.3 billion

Dubai's new tourism institute is aligned with the emirate's effort to be the most visited city in the world by 2020 (File Archive)
May 5th, 2014 - 10:00 GMT

Hospitality 101: Dubai building new tourism academy to meet Vision 2020 plan

Forty-nine percent of the tenders for the drilling will be reserved for Lebanese investors (File Archive)
May 5th, 2014 - 09:00 GMT

Lebanon's next oil investors?! It's own diaspora...

Emiratis have been at the forefront of green energy exploration and construction in the Middle East (File Archive)
May 5th, 2014 - 07:06 GMT

Forget Expo 2020! UAE submitting bid for World Energy Congress 2019

Bahrain touts one of the lowest unemployment rates in the Gulf (File Archive)
May 5th, 2014 - 06:56 GMT

Can you guess which Gulf country's unemployment is less than four percent?

Al Bawaba
May 5th, 2014 - 02:55 GMT

Double luxury: Hilton opens first Double Tree in Dubai

Al Bawaba
May 5th, 2014 - 02:55 GMT

Saudi, French company win $2.2 billion deal to develop Riyadh's public transport

Al Bawaba
May 5th, 2014 - 02:55 GMT

Playing it right? Iran to triple number of commercial attachés abroad

Al Bawaba
May 5th, 2014 - 02:55 GMT

London sets new record with $237 unfurnished, no bathroom apartment sale, could Arab business tycoons have something to do with it?

Al Bawaba
May 4th, 2014 - 12:23 GMT

Trophy cars: Jaguar Land Rover MENA win 17 automotive awards in 2013

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