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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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ADNOC Distribution offers LPG at subsidized prices - AED20 for 25lb and AED30 for 50lb, across Abu Dhabi and the Northern Emirates.
August 13th, 2017 - 05:04 GMT

ADNOC Distribution Announces New Retail Price of Unsubsidised LPG for Month of August

Revenues of the company went up by 5 per cent to Dh8.4 billion in first half of this year from Dh7.9 billion reported in the first half of 2016.
August 10th, 2017 - 09:50 GMT

Taqa Posts Net Profit of Dh112 Millionn for H1 2017

The Opus development building
August 9th, 2017 - 11:01 GMT

Empower Connects Its District Cooling Solutions to the Prestigious Development ‘the Opus’

An Emirati man stands in front of a pipeline at the oil terminal of Fujairah during the inauguration ceremony of a dock for supertankers on September 21, 2016. (Karim Sahib/ AFP)
August 9th, 2017 - 10:29 GMT

UAE's Offshore Concession Part of Plan to Expand Oil Production: Minister

ACWA Power awarded three Solar PV projects under Round 2 of Egypt FiT program
August 9th, 2017 - 05:39 GMT

ACWA Power Awarded Three Solar PV Projects Under Round 2 of Egypt FiT Program II

Each station consists of three islands with 6 dispensers offering E-Plus 91, Special 95, Super 98 and Green Diesel.
August 7th, 2017 - 11:18 GMT

ADNOC Distribution Expands Presence in Al Ain Region by Opening Two New Service Stations

The new approach will deliver improved revenue streams and ensure smart growth.
August 7th, 2017 - 09:27 GMT

ADNOC in Advanced Discussions With Potential Partners for New Offshore Oil Concession

ADNOC seeks to expand its strategic partnerships scope by which it will select new partners.
August 6th, 2017 - 11:41 GMT

ADNOC to Get $5 Billion Bank Loan for Smart Growth

Moody's expect the economy in Iraq to contract and continue its slow down at least through 2022. (File photo)
August 6th, 2017 - 11:20 GMT

Internal Politics, Corruption Weigh on Iraq's Economic Growth: Report

The Duqm refinery occupies more than 2,000 acres and, when completed, will have a refining capacity of approximately 230,000 barrels of oil per day. (File photo)
August 6th, 2017 - 09:15 GMT

Petrofac, Samsung Engineering JV Wins $2 Billion Duqm Refinery Deal in Oman

Dr Abeer Al-Omar, Senior Executive of Corporate Communications and Government Affairs
August 6th, 2017 - 05:36 GMT

EQUATE Promotes Sustainability by Introducing Recycling Initiative With Omniya

Saeed Matar Al Marri, Deputy CEO of Dubai SME and Director of MBRF and Nayef Shahin, Founder and Managing Partner at Metis Management Consultancy
August 2nd, 2017 - 09:10 GMT

Mohammed Bin Rashid Fund and Metis Management Consultancy up for Post-Fund Monitoring of SMEs

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