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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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A framework deal signed last year called for up to $5 billion in total investments in offshore Egypt. (File photo)
December 13th, 2016 - 08:00 GMT

Eni sells 30 percent stake in Zohr gas field to Russia's Rosneft for $1.6B

Dubai is aiming for an environmentally-friendly energy mix, with 25 percent from solar energy, 7 percent each from nuclear power and clean coal, and 61 percent from gas by 2030. (WAM)
December 13th, 2016 - 07:02 GMT

ACWA-DEWA JV receives $2.47B financing for clean coal project

A work plan for the first stage of development calls for about 1.2 billion cubic feet of natural gas per day through an investment of between $3.5 billion and $4 billion. (File photo)
December 13th, 2016 - 05:18 GMT

Israel's Leviathan gas deals estimated to reach $2B

 
Kurdistan Prime Minister Nechirvan Barzani called the deal as a significant step that will help improve the daily lives of the citizens of Erbil and Sulaimani. (File photo)
December 12th, 2016 - 11:00 GMT

UK's Biwater secures $1.2B water infrastructure contract in Kurdistan


The bulk of the cuts—300,000 barrels a day—have been pledged by Russia, which produces more crude oil than any other country. (Shutterstock)
December 12th, 2016 - 10:00 GMT

Oil prices surge after non-OPEC countries join production cut

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
December 12th, 2016 - 09:06 GMT

DEWA is sustainability partner of Arab Social Media Summit 2016

During the event
December 12th, 2016 - 08:10 GMT

ENOC and Centre of Excellence for Applied Research and Training (CERT) sign agreement to train young national talent for Oil & Gas sector

The integration process is planned to start immediately and is expected to be completed within the next 12 months. (File photo)
December 11th, 2016 - 01:10 GMT

LNG giant Qatar Petroleum to merge RasGas and Qatargas

Demand could decline if US interest rates move higher and if the Chinese yuan depreciates in a disorderly fashion. (File photo)
December 11th, 2016 - 12:20 GMT

Global oil market to enter deficit in 2017: BoA Merrill Lynch

An Austrian soldier stands guard outside the OPEC headquarters on the eve of the 171th meeting of the Organization of the Petroleum Exporting Countries in Vienna. (AFP/Joe Klamar)
December 11th, 2016 - 07:00 GMT

OPEC, non-OPEC producers strike first global oil cutback deal in over ten years

Saudi Arabia and Kuwait will cut output from their producing oil fields to allow for any increase from the Wafra and Khafji fields between the two countries. (AFP/File)
December 8th, 2016 - 11:00 GMT

Saudi-Kuwait oil drilling in Neutral Zone to resume after two years' suspension

During the event
December 8th, 2016 - 10:50 GMT

DEWA cooperates with 80 government organisations to raise environmental awareness over the summer

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