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Oil and Renewables

Oil and Renewables latest

ADNOC Distribution and Landmark Group Launch Region’s Largest Loyalty Partnership
September 11th, 2025 - 04:45 GMT

ADNOC Distribution and Landmark Group Launch Region’s Largest Loyalty Partnership

ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, today announced a new collaboration with Landmark Group, the Middle East’s premier omnichannel retail leader. The partnership enables seamless point conversion and cross-platform redemption between ADNOC Rewards and Shukran programs, unlocking new benefits and providing greater choice for millions of members across the UAE. ADNOC Rewards points can now be seamlessly converted into Shukran points and used across Landmark Group’s retail brands. Likewise, Shukran members can convert their points into ADNOC Rewards, unlocking access to a broad ...
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"Examining the reasons for Qatar’s exit from OPEC is a necessity,” Zanganeh said, adding that “OPEC has big problems from some oil producers which Qatar is not a part of.” (Shutterstock)
December 6th, 2018 - 03:46 GMT

Iran Wants to Dig Deeper Into Qatar's OPEC Exit

President Hassan Rouhani has reaffirmed that the United States will not be able to stop Iran’s oil sales. (AFP)
December 5th, 2018 - 11:29 GMT

Rohani Threatens to Stop All Oil Exports Through Arabian Gulf If US Targets Iran’s Crude Exports

11th Marine Conference by ENOC Group
December 5th, 2018 - 09:03 GMT

ENOC Group Hosts 11th Marine Conference 2018

Qatar’s decision to exit OPEC will have no major impact on the cartel’s decision-making process, oil output or oil prices in the short term. (Shutterstock)
December 5th, 2018 - 07:03 GMT

On the Heels of Its OPEC Exit, Will Qatar Increase Its Oil Output?

Qatar has decided to withdraw its membership from OPEC effective January 2019 and this decision was communicated to OPEC this morning. (Shutterstock)
December 4th, 2018 - 08:48 GMT

The Real Reason Behind Qatar's Withdrawal From OPEC

The current US dollar is worth around 42,000 rials in the official market, and above 110,000 rials in the open market. (Shutterstock)
December 4th, 2018 - 08:38 GMT

Iran Forecasts Its Oil Sales at $54 With 1.5 Million Bpd in 2019

The decision comes at a critical time when OPEC is expected to cut its production at its much-awaited meeting on Thursday in order to increase the falling prices. (AFP)
December 3rd, 2018 - 12:27 GMT

Qatar to Drag Out from OPEC Early 2019

The volume of Kuwaiti oil bound for Japan rose for the first time in two months, providing 7.4 percent of the Asian nation's total crude imports, compared with 6.1 percent in the same month of last year, the Japanese Natural Resources and Energy Agency said in a preliminary report. (Shutterstock)
December 3rd, 2018 - 07:39 GMT

Kuwait Ahead of Qatar as Japan’s ‘Third Biggest’ Oil Provider

The timing of the government’s decision coincided with financial problems at the country’s sole oil refinery, La Samir, forcing it to cease operations in August 2015. (Shutterstock)
December 3rd, 2018 - 07:21 GMT

Deregulation of Oil Prices Is Putting the Moroccan Government in Hot Waters

The agreement between Russia and Saudi Arabia lead a group of oil producers known as OPEC+, which includes the members of the Organization of the Petroleum Exporting Countries (OPEC) and other large producers, most notably Russia. (Shutterstock)
December 3rd, 2018 - 07:16 GMT

Saudi, Russia Agreement to Extend Overseeing Oil Market Gives a Push for Prices

Algeria’s Central Bank urged the government to “apply the tourniquet to stop the bleeding” and economic experts warned of a deepening crisis. (Facebook)
December 2nd, 2018 - 09:29 GMT

Despite Rising Oil Revenues, Algeria’s Foreign Currency Reserves Are on Steady Decline

NXplorers is a proven, innovative education programme for young people that focuses on finding innovative ways to solve food, water and energy problems.
December 2nd, 2018 - 06:48 GMT

Shell Launches NXplorers Across Oman as Part of the ‘Solar Into Schools’ Initiative

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