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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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Saudi Oil Minister Khaled al-Falih. (AFP/File)
February 2nd, 2017 - 01:00 GMT

Saudi, Kuwait look to new oil investments in US under Trump

RAK Petroleum
February 2nd, 2017 - 06:43 GMT

RAK Petroleum plc announces management changes

Khair Infographic
February 2nd, 2017 - 06:03 GMT

DEWA approves 12 programmes for 27 social initiatives to support Year of Giving

Major projects of Oman Oil Company include the Duqm gas pipeline, a mega crude storage facility at Ras Al Markaz and several other projects in Duqm free zone.  (Wikimedia Commons)
February 1st, 2017 - 01:00 GMT

Oman Oil announces billion-dollar investment in national projects

Prices of oil derivatives on the local market are calculated based on international prices, with the addition of other costs such as shipment, handling and taxes. (Shutterstock)
February 1st, 2017 - 05:22 GMT

Jordan hikes fuel prices by up to eight percent

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

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