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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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Majlis Al Shura Delegation Visits OCTAL
January 31st, 2017 - 10:12 GMT

Delegation from Majlis Al Shura visits OCTAL


Renewables are projected to be the fastest growing fuel source, growing at an average rate of 7.6 per cent per year. (Shutterstock)
January 30th, 2017 - 10:00 GMT

Emerging markets are changing global demand for energy: BP

Saudi Arabia’s four major cities: Riyadh, Jeddah, Makkah and Medina produce about five million tons of waste products. (Shutterstock)
January 30th, 2017 - 06:01 GMT

Saudi Arabia decides some plastic is not so fantastic

GE has over 40 years of presence in Iraq. (Shutterstock)
January 29th, 2017 - 08:30 GMT

GE signs deals to power up Iraq's national grid

OPEC’s 13 members and 11 other producers have trimmed output by more than 1.5 million barrels a day since the deal started this year, out of a pledged 1.8 million (Shutterstock)
January 26th, 2017 - 12:00 GMT

Kuwait to spend $115B in energy over five years, sees oil market balance this year

The Crown Prince of Abu Dhabi General Sheikh Mohammed Bin Zayed Al Nahyan (C) is met by Indian Prime Minister Narendra Modi (R) and Indian President Pranab Mukherjee (L) in New Delhi January 25, 2017. (AFP/Money Sharma)
January 26th, 2017 - 11:00 GMT

UAE-India form Comprehensive Strategic Partnership, ink ADNOC oil storage deal

Libya aims to produce around 1.3 million barrels of oil per day by the end of this year and raise that to 1.6 million bpd by 2022. (AFP/Leon Neal)
January 26th, 2017 - 06:00 GMT

Libya opens up oil sector to foreign investment

ADNOC
January 24th, 2017 - 06:30 GMT

ADNOC Distribution unveils ADNOC xpress station concept in Abu Dhabi

The SABIC-Shell joint venture includes six world-scale petrochemical plants with a total output of more than 4m metric tons per year. (File photo)
January 23rd, 2017 - 09:30 GMT

SABIC buys out Shell's share in petrochem joint venture

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
January 23rd, 2017 - 06:33 GMT

DEWA signs MoU with Dubai Women’s Association to support the community and the environment

Under the December 10 agreement, producers will lower output by nearly 1.8 million barrels per day (bpd) aiming to ease a global glut that has weighed on oil prices for more than two years.  (AFP/Joe Klamar)
January 23rd, 2017 - 06:30 GMT

OPEC launches oil cut compliance committee

During the event
January 22nd, 2017 - 09:35 GMT

Masdar Institute partners with Abu Dhabi Sewerage Services Company to build human capital and improve strategic tunnel enhancement program

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