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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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The new service station is the first of its kind on the capital’s major highway and aims at serving the growing number of motorists using the road daily.
August 2nd, 2017 - 09:10 GMT

Oman Oil Marketing Company in Partnership With Bayan Investment House Opens First Service Station on Muscat Expressway

Saif Humaid Al Falasi, Group CEO of ENOC
August 2nd, 2017 - 07:47 GMT

ENOC Secures US$500 Million Credit Facility From International and Regional Banks to Fund Growth Plan

Al Mazrouei thanked ADNOC and H.E. Dr. Al Jaber for hosting the company's second youth circle and praised ADNOC’s leadership.
August 2nd, 2017 - 04:45 GMT

ADNOC Hosts Ruwais Youth Circle Focused on How to Thrive and Develop Leadership Skills While Working at Remote Oil and Gas Sites

A flexible tax system would increase royalty payments for Saudi Aramco when oil prices rise. (AFP/ File)
August 1st, 2017 - 12:18 GMT

Saudi Arabia Mulls Oil-Price Linked Tax Plan for Aramco Ahead of IPO

Oman Oil Marketing Company will have participants ‘embrace the challenge’ with a series of competitions that will put their skills to the test.
August 1st, 2017 - 10:17 GMT

Oman Oil Marketing Company Brings Excitement to Salalah With Khareef Challenge Competition

Drivers queue up to fill their tanks with fuel at a petrol station in Kuwait City on the eve of increased petrol prices on August 31, 2016. (Yasser Al Zayyat/ AFP)
July 31st, 2017 - 11:16 GMT

Economic Slowdown, Subsidy Reforms Hit Fuel Demand in Oman

Ahmad Bin Shafar, CEO of Empower.
July 30th, 2017 - 11:37 GMT

Empower Re-Certified ISO27001:2013 for Information Security by British Standards International

Oil prices finished higher after data from the U.S. Energy Information Administration showed a large drop in domestic crude and gasoline supplies. (File photo)
July 27th, 2017 - 12:52 GMT

Oil Prices Jump to 8-Week High on Lower US Crude Reserves

The R&D centre, which was launched in 2014, will focus on four key operations - production of electricity using solar energy, integration of smart grids, energy efficiency, and water. (Trade Arabia)
July 26th, 2017 - 05:58 GMT

DEWA's R&D Facility Set for 2020 Launch

Barakah Nuclear Energy Plant - Unit 2. (Trade Arabia)
July 26th, 2017 - 05:43 GMT

ENEC Completes Key Test on Nuclear Energy Plant

Earlier this month, Saudi Arabia announced it would cut crude oil shipments in August. (AFP/ File)
July 25th, 2017 - 11:58 GMT

Saudi Arabia's Reduced Oil Exports Will Force US Inventories Lower: Analysts

Saudi Arabia on Monday approved the establishment of a national project for atomic energy. (File photo)
July 25th, 2017 - 10:51 GMT

Saudi Arabia Says Atomic Program Will 'Optimize Use of Energy Sources'

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