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Oil and Renewables

Oil and Renewables latest

Brent crude
March 3rd, 2026 - 08:24 GMT
Sally Shakkour

Sally Shakkour

Brent crude jumps by 4% to $81 per barrel

ALBAWABA - Brent crude increased by over 4 percent, hitting $81 per barrel in afternoon trade in Asia on Tuesday amid intensive attacks in the Middle East. Around 0800 GMT, Brent was trading up 4.41 percent at $81.17 per barrel, while West Texas Intermediate was up 3.99 percent at $74.07 per barrel, AFP reported Tuesday. Nonetheless, European gas prices also recorded an increase of another 30 percent on Iran.
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BP holds a 60 percent interest in the new project. (Courtesy of BP)
September 27th, 2017 - 12:09 GMT

BP Starts Production at Oman's Giant Khazzan Gas Field

ROSATOM
September 27th, 2017 - 04:35 GMT

Nuclear Education to Have a Positive Impact on Egypt’s Economy – Experts

The current equity ownership split in Sadara is 65 percent Saudi Aramco and 35 percent Dow. (AFP/ File)
September 25th, 2017 - 12:07 GMT

Saudi Aramco to Transfer 15 Percent Stake in Sadara Chemical Company to Dow

This September, the El Dabaa Atomic Technical School opens its doors for its first students.
September 25th, 2017 - 04:32 GMT

El Dabaa Nuclear Power Plant Is Good News for Egypt, and Nuclear Education and Training Is Key

Qatar is relying on its gas exports to withstand the Saudi-led siege. (File photo)
September 24th, 2017 - 12:33 GMT

Qatar's Revenues From Gas Exports Enough to Withstand Siege: Minister

NOMADD will have the right to develop and manufacture solar array cleaning technology that was developed in-house by Saudi Aramco.
September 21st, 2017 - 09:35 GMT

Saudi Aramco Licenses Solar Array Cleaning Technology to NOMADD

Ahmad Bin Shafar, CEO of Emirates Central Cooling Systems Corporation (Empower), wins the prestigious title of 'CEO of the Year - Energy'.
September 18th, 2017 - 11:05 GMT

Empower's CEO Wins 'CEO of the Year - Energy' at CEO Middle East Awards

The price hike would see gas prices increase by around 80 percent. (AFP/ File)
September 18th, 2017 - 10:59 GMT

Saudi Arabia Plans to Raise Fuel Prices by 80 Percent This Year: Sources

ADNOC Oasis Store
September 18th, 2017 - 07:58 GMT

ADNOC Distribution Launches ‘Back-to-School’ Promotion

The centre is the first of its kind in Dubai and uses Artificial Intelligence (AI) and robotics to provide services.
September 18th, 2017 - 06:05 GMT

Dubai's Dewa Opens Centre for Customer Happiness

The new project will be built at a total cost of Dh14.2 billion ($3.8 billion). (Photo: First Solar)
September 17th, 2017 - 11:12 GMT

Dubai Breaks All Records With Launch of World's Largest Solar Power Project

TDI is widely used in the production of furniture, mattresses and cushioning, as well as car seats.
September 17th, 2017 - 10:30 GMT

Sadara Achieves Full Commercial Operations of Its Chemical Complex

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