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Oil and Renewables

Oil and Renewables latest

Oil rises as gold drops
June 15th, 2026 - 06:13 GMT
P. Choiaqo

P. Choiaqo

Gold surges 2% and oil tumbles down 4% as US-Iran war comes to a close

ALBAWABA - After the peace deal between the US and Iran was announced, oil, which had been steadily decreasing, started dropping in earnest in anticipation of the deal between the two warring nations being signed in Geneva, Switzerland, on Friday. This eased concerns regarding inflation and interest rate hikes, allowing gold to surge 2 percent since this morning. After a lot of tumult and turbulence, it seems that the fear-driven ...
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The office was inaugurated by Saudi Aramco President and CEO, Amin H. Nasser at an event attended by Shri Dharmendra Pradhan India’s Minister of Petroleum, Saudi Ambassador to India Dr. Saud Alsati, Indian government officials, heads of major Indian oil companies, as well as business and industry partners.
October 11th, 2017 - 08:26 GMT

Saudi Aramco Expands Presence in India With Opening of New Aramco Asia India Office

Last year, Adnoc’s crude oil exports to Japan averaged 513,000 bpd – around 25 per cent of Japan’s crude oil imports.
October 10th, 2017 - 05:14 GMT

ADNOC Boosts Ties With Japan

The solar carports aim to generate electricity using photovoltaic (PV) panels. (WAM)
October 8th, 2017 - 07:49 GMT

Dewa Launches Solar Carports Project

Saad Sherida al Kaabi, Qatar Petroleum's President and CEO. (File photo)
October 5th, 2017 - 12:50 GMT

Qatar Petroleum Was Quick to Absorb Impact of Saudi-Led Blockade: CEO

The winning bidders will build, own and operate the power plants in partnership with the government
October 5th, 2017 - 06:42 GMT

UAE’s Masdar, EDF Energies Lead Bidding for Saudi Solar Plant

The oil and natural gas business could be the next big industry targeted by cyber criminals. (File photo)
October 4th, 2017 - 01:04 GMT

Cyber Attacks on the Rise in the Oil and Gas Industry: Experts

Saudi Aramco will participate in a range of high-level activities including a three-day exhibit. (AFP/ File)
October 4th, 2017 - 11:07 GMT

Saudi Aramco to Join King Salman in Historic Visit to Russia

Pascal Cange, Director of Legal & Corporate Affairs at OCTAL
October 4th, 2017 - 10:01 GMT

Octal Highlights Growth of Oman’s Manufacturing Sector During OER Business Summit 2017

First hydroelectric power station in the GCC
October 4th, 2017 - 07:46 GMT

DEWA on Track With Studies for Hatta Power Plant

Prepaid Individual and Prepaid Corporate Customers will soon be able to register and maintain their accounts from around 200 SMART service stations in addition to dedicated SMART Tag Installation Centers.
October 3rd, 2017 - 11:26 GMT

ADNOC to Open More Smart Tag Installation Centers Supported by Mobile Units in UAE

The 19th edition of the Water, Energy, Technology and Environment Exhibition, WETEX, is coming to Dubai.
October 3rd, 2017 - 05:01 GMT

DEWA Announces the Launch of WETEX From 23 to 25 October 2017

According to a new report, Russia could emerge as a global energy superpower in the midst of world chaos. (AFP/ File)
October 2nd, 2017 - 02:22 GMT

Russia Could Be the World's Next Energy Superpower, Says Report

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