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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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During the event
April 3rd, 2017 - 06:02 GMT

ADNOC, and Masdar Sign MoUs with Saudi Aramco on Oil & Gas Collaboration and Sustainable Energy technology

DEWA booth at DIGAE 2017
April 3rd, 2017 - 05:17 GMT

HH Sheikh Mohammed bin Rashid Al Maktoum reviews DEWA’s clean energy projects at DIGAE 2017

The negative comments of the Lebanese on social media reflect the gloomy mood felt by most citizens who wonder why none of the successive governments have been able to end the severe power rationing.
 (Shutterstock)
April 2nd, 2017 - 05:00 GMT

Lebanese take to social media to mock new power plan by government

The company has delivered a 25 percent reduction in global headcount with over 1,000 positions reduced across its global operations. (Taqa)
April 2nd, 2017 - 12:51 GMT

Abu Dhabi's 'Taqa' announces full-year financial results, $5.2B net loss in 2016

Kuwait's oil export receipts declined by 14.1 percent in 2016 to KD 12.5 billion ($ 41 billion), its lowest level in just over a decade. (Pixabay)
April 2nd, 2017 - 10:58 GMT

Kuwait’s trade surplus drops to 11-year low amid lower oil prices

The refinery was heavily damaged during Iraq’s 1990 invasion of Kuwait before being restored to full operations at the end of the war in 1991. (File photo)
April 1st, 2017 - 07:00 GMT

Kuwait shuts down 50-year-old oil refinery, launches clean fuels project instead

From the exhibition
March 30th, 2017 - 11:51 GMT

DEWA Women's Committee organizes ‘Laha Exhibition’ to support Emirati talent and promote happiness among employees

Qatar is the second largest exporter of natural gas in the world. (Pixabay)
March 30th, 2017 - 08:36 GMT

Qatar's energy sector is moving towards renewable energy: Minister

The project aims to reduce electricity costs by generating electricity from solar energy. (AFP/File)
March 29th, 2017 - 10:20 GMT

Jordan, Germany sign $47.5M solar energy deal for Syrian refugees

ROSATOM
March 29th, 2017 - 06:42 GMT

Russia and Egypt continue to develop their cooperation in nuclear education

With a population expected to double in the next 50 years, Egypt is expected to face serious water and energy shortages by 2025. (File photo)
March 28th, 2017 - 02:55 GMT

Egypt to run out of water by 2025: Report

Al Rowdah ADNOC Xpress station
March 28th, 2017 - 06:45 GMT

ADNOC Distribution opens Al Rowdah ADNOC Xpress station in Abu Dhabi

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