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Oil and Renewables

Oil and Renewables latest

US strike on oil tanker dodging the blockade
June 17th, 2026 - 09:05 GMT
P. Choiaqo

P. Choiaqo

US used Iranian smuggling tactic to move oil through Hormuz

ALBAWABA - In an exclusive Reuters report, the U.S. has overseen and supported dozens of secretive ship-to-ship oil transfers, avoiding Iranian blockades and attacks. The method, used by Iran to avoid sanctions and blockades for years, involves transferring cargo between ships to mask its origin. In its simplest form, a ship would hand off its cargo to another ship on the way to the same destination with the transfers taking ...
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Egypt has pledged to eliminate its arrears to foreign oil and gas companies by the end of June 2019 and to not accumulate new arrears. (File photo)
February 15th, 2017 - 09:00 GMT

Egypt pledges to repay international oil debts

H.E. Dr Al Jaber
February 15th, 2017 - 06:09 GMT

ADNOC CEO: UAE leadership prepares for the future to empower socio-economic and human development

The banking and financial services sector in the region are adapting fast to both global and regional economic challenges and new opportunities. (Shutterstock)
February 14th, 2017 - 11:00 GMT

Cheap oil prices are the impetus for change in GCC economies: UBF

His Excellency Saif Humaid Al Falasi, Group Chief Executive Officer, ENOC
February 14th, 2017 - 07:33 GMT

ZOOM recognised for best international store design at US-based 11th Annual Store Design Contest

OPEC is still urging oil suppliers outside the group to fulfil their commitments to cut output. (File photo)
February 14th, 2017 - 05:34 GMT

Saudi oil production reaches lowest level in eight years

During the event
February 13th, 2017 - 10:54 GMT

ADNOC to capitalise on increased sulphur processing capabilities and target new markets

OCTAL CEO, Nicholas Barakat
February 13th, 2017 - 10:11 GMT

OCTAL enters phase III of expansion as an incubator of downstream opportunities

During the meeting
February 12th, 2017 - 10:46 GMT

MD & CEO of DEWA discusses bilateral relations with Italy's Ambassador to UAE

Masdar and ADBC employees celebrate the launch of Mamsha Masdar, a bike and fitness trail around Masdar City which includes two new ADCB Bikeshare stations.
February 12th, 2017 - 10:22 GMT

Masdar City rolls out new Bike and Fitness Trail

Dana Gas reported a full year revenue of $392 million as compared to $417 million in 2015. (Shutterstock)
February 12th, 2017 - 09:00 GMT

Unpaid dues from Egypt, Kurdistan hit UAE's Dana Gas profits, investment plans

Egypt owes $3.5B  to foreign oil companies but a foreign currency shortage has made the drawing down of those debts more difficult. (File photo)
February 9th, 2017 - 10:00 GMT

Egypt repays $630M debt to Eni for Zohr gas field development

The report indicated that Jordan is placing a heavy emphasis on solar and wind power projects. (PV magazine/Samer Zawaydeh)
February 9th, 2017 - 08:00 GMT

Clean energy investments gain momentum in Jordan

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