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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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Gulf Keystone Petroleum, an operator in the Kurdish north of Iraq, said it has the funding necessary to move regional production to 40,000 bpd and could potentially hit 55,000 bpd. (Shutterstock)
April 9th, 2017 - 08:20 GMT

Kurdish oil production, exports set to rise: Operator

OPEC members in January began implementing a deal to cut production by 1.2 million barrels per day. (File photo)
April 6th, 2017 - 07:00 GMT

Iraq: Oil exports expected to increase amid infrastructure overhaul

Support for the construction of peaceful nuclear energy plants in the UAE has risen significantly since 2013. (File photo)
April 6th, 2017 - 12:10 GMT

92 percent in UAE back nuclear energy program: Poll

President and CEO of Qatar Petroleum Saad Sherida Al Kaabi (left) with ExxonMobil and Cypriot officials at the signing ceremony. (The Peninsula)
April 6th, 2017 - 10:27 GMT

Qatar Petroleum, ExxonMobil sign Cyprus gas deal

Jordan's Prime Minister Hani Mulki said that Jordan is working on diversifying its energy resources, notably in fields of renewable energy, oil shale and nuclear energy. (AFP/File)
April 5th, 2017 - 08:50 GMT

Jordan shifts to renewables, slashes energy bill by $3.5B: Minister

During receiving the CERs certification
April 5th, 2017 - 11:08 GMT

DEWA receives CERs certification from the UN Framework Convention on Climate Change for successful offset of emissions during WETEX 2016

His Excellency Saif Humaid Al Falasi, Group CEO of ENOC
April 5th, 2017 - 07:28 GMT

ENOC to showcase over 70 new career opportunities for Nationals at Careers UAE 2017

The deals between the two countries, four in total, include a memo to import and export natural and liquefied gas. (File photo)
April 4th, 2017 - 10:00 GMT

Jordan, Egypt sign gas supply deals

Qatar Petroleum's President and CEO Saad Sherida al-Kaabi told the media during a press conference in Doha that work on the project's details will commence in the next few months. (QNA)
April 4th, 2017 - 09:30 GMT

Qatar to launch world’s biggest gas field: QP chief

During the event
April 4th, 2017 - 09:46 GMT

DEWA’s projects and initiatives attract many visitors at 5th DIGAE

On April 1, Kuwait closed the Shuaiba refinery, one of the oldest oil facilities in the region. (File photo)
April 4th, 2017 - 06:59 GMT

British firm lands $1.3B oil project in Kuwait

The Kingdom’s current power capacity stands at 3,800 megawatts registering a maximum load of 2,250 megawatts in December, with an annual 7 percent growth in demand for power. (File photo)
April 3rd, 2017 - 09:30 GMT

Jordan to amp up electricity production to meet demand: Official

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