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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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It's 'business as usual' in Qatar, according to Saad Sharida Al-Kaabi, CEO of Qatar Petroleum. (AFP/ File)
July 4th, 2017 - 11:09 GMT

Qatar to Boost Gas Production by 30 Percent, Defying Gulf Blockade

A fall in oil exports from OPEC countries will lead to a rise in prices. (File photo)
July 4th, 2017 - 11:01 GMT

Oil Prices to Rebound in July as OPEC Exports Fall: Analysts

The wind farm is a partnership between the international energy company Statoil and Masdar. (File photo)
July 4th, 2017 - 10:40 GMT

Masdar Announces World's First Floating Offshore Wind Farm in Scotland

Saeed Mubarak Al Hajeri, chairman of Taqa. (Taqa)
July 4th, 2017 - 10:14 GMT

Taqa Starts Production at Kurdistan Oil Block

Department of Economic Development
July 4th, 2017 - 09:40 GMT

Abu Dhabi Utility Firm, DED Sign Co-op Deal

The new company is the first and only to bring together industry-leading equipment, services and digital solutions across the entire spectrum of oil and gas development.
July 4th, 2017 - 05:25 GMT

Baker Hughes and GE Oil & Gas Complete Combination, Creating the World’s First and Only Fullstream Oil and Gas Company

Total Chief Executive Officer Patrick Pouyanne (L) shakes hands with Iranian President Hassan Rouhani during a meeting in Paris on January 28, 2016. (Eric Fefferberg/ AFP)
July 3rd, 2017 - 02:35 GMT

Iran Signs $4.8 Billion Gas Deal With Total, Its Biggest Ever

Oil prices on Friday logged their biggest weekly gain since mid-May. (AFP/ File)
July 3rd, 2017 - 11:15 GMT

Oil Prices up as Saudi Arabia Extends Deadline on Qatar Demands

Emirates Gas
July 3rd, 2017 - 09:59 GMT

EMGAS Announces New LPG Hologram Cylinder Seal in the UAE

Dewa is building more centres to ensure the quality of services provided to all stakeholders, and to achieve its vision to become a sustainable innovative world-class utility.
July 2nd, 2017 - 10:04 GMT

DEWA to Build $62m Office Building Complex

A signing ceremony was held with attendance of HE Sheikh Mohammad bin Said Al Kalbani, Minister of Social Development, and Mulhilm bin Bashir Al Jarf, Chairman of Oman Oil Marketing Company’s Board of Directors.
July 2nd, 2017 - 09:50 GMT

Oman Oil Marketing Company Joins Hands With Charitable Organizations to Spur Social Growth

Qatar reduces the price of petrol and diesel in July. (File photo)
June 28th, 2017 - 10:56 GMT

Qatar Cuts Petrol Prices, Despite Crisis

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