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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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Saudi Arabia's Energy, Industry and Mineral Resources Minister and chairman of Saudi Aramco, Khalid Al-Falih. (AFP/ File)
June 13th, 2017 - 07:00 GMT

Saudi Arabia Accelerates Plans for Renewable Energy

Before being named the group's new CEO, John Flannery was the president and CEO of GE's healthcare unit. (Bloomberg)
June 12th, 2017 - 10:00 GMT

Meet GE’s New CEO, John Flannery

Egypt's oil debts had reached $4.5 billion dollars at the end of December 2016. (File photo)
June 12th, 2017 - 07:59 GMT

Egypt Reduces Oil Debts By Paying off $2.2 Billion to Oil Companies

The MoU was inked by David N. Farr, Emerson’s chairman and chief executive officer and Amin H. Nasser, Saudi Aramco's president and CEO. (Trade Arabia)
June 12th, 2017 - 09:21 GMT

Saudi Aramco Signs Digitization Deal With Emerson

Sheikh Mohammed gets a briefing on the project from Al Tayer. (Trade Arabia)
June 12th, 2017 - 08:28 GMT

DEWA Awards Hatta Power Plant Consultancy to EDF

The headquarters of QatarGas, the largest LNG producer in the world, in Doha. (Shutterstock)
June 11th, 2017 - 08:00 GMT

Qatar Gas Supplies Not Affected by Crisis: Reports

His Excellency Saif Humaid Al Falasi, Group CEO, ENOC
June 11th, 2017 - 07:41 GMT

ENOC Group and Dubai Foundation for Women and Children Support Underprivileged Families During Ramadan

Nuclear power is the cleanest and most environmentally friendly method of energy generation in terms of its minimum greenhouse gas emissions.
June 11th, 2017 - 07:07 GMT

IAEA Director General Commends Russia’s Role in the Development of the Global Nuclear Power Generation Market and Non-Energy Peaceful Nuclear Applications

There are no indications the Qatar-UAE gas pipeline will be shut, according to reports. (Thomas White/ Reuters)
June 8th, 2017 - 11:41 GMT

Qatar Keeps Gas Flowing to UAE Despite Crisis

Oman Oil Marketing Company- World Environment Day 2017
June 8th, 2017 - 09:44 GMT

Oman Oil Marketing Company Celebrates World Environment Day

Saudi Minister of Energy, Industry and Mineral Resources, and chairman of Saudi Aramco Khalid Al-Falih. (AFP)
June 5th, 2017 - 08:45 GMT

After Ousting Qatar, Saudi Arabia Says It Plans to Invest in Gas Production

Oil prices jumped after Saudi Arabia, Egypt, the UAE and Bahrain cut ties with Qatar on Monday. (AFP)
June 5th, 2017 - 11:29 GMT

Oil Prices Jump as Saudi Arabia Cuts Ties With Qatar

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