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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 one-day upgrading operation will take place on Friday 6 October 2017.
October 2nd, 2017 - 11:18 GMT

ADNOC Distribution Upgrades Information Technology Systems at Its Vehicle Inspection Centers

OCTAL’s CEO, Nicholas Barakat
October 2nd, 2017 - 09:26 GMT

Octal Registers Increased Demand for Pet Solutions Throughout the US

The award will recognise women role models in the energy sector who demonstrate exceptional leadership and have proven their capability as catalysts for change through transformational contributions to the industry.
October 1st, 2017 - 08:32 GMT

ENOC Group Institutes Award to Recognise Outstanding Women in the UAE Energy Sector

Oman Oil Marketing Company - Tasweik Batch 1 Winners PRL
September 28th, 2017 - 05:59 GMT

Oman Oil Marketing Company Awards 2016 Tasweik SME Winners

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

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