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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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The agreement on refining Basra crude oil comes within the terms of a previously-signed memorandum of understanding, according to Egypt's petroleum minister. (Shutterstock)
November 3rd, 2016 - 05:18 GMT

Egypt to import Iraqi crude oil for refining

ADNOC Distribution service station
November 2nd, 2016 - 06:52 GMT

ADNOC Distribution opens Al Taawan and Al Hamriya service stations in Emirate of Sharjah

reported that amidst current mutual challenges among oil exporting and importing countries, there is an urgent need to cooperate with all oil and energy related parties worldwide. (Shutterstock)
November 1st, 2016 - 07:00 GMT

Crude oil prices drop as OPEC fails to reach consensus on output

During the visit
November 1st, 2016 - 06:13 GMT

Al Tayer receives Denmark’s Minister for Business and Growth

During the event
October 31st, 2016 - 10:43 GMT

Oman Oil Marketing Company earmarks OMR 44,000 to support professional sports clubs across the Sultanate

HE Saeed Mohammed Al Tayer, MD & CEO DEWA
October 31st, 2016 - 06:53 GMT

DEWA first government organisation to connect to Atmatah Federal Energy Database

The plant, which began operating around 10 months ago, contributes 20 per cent of the total power supply in the Kingdom. (Shutterstock)
October 30th, 2016 - 05:56 GMT

Jordan inaugurates natural gas plant in partnership with Egyptian FAJR

During the visit
October 26th, 2016 - 09:50 GMT

Kuwaiti Ambassador to Germany visits EQUATE’s stand at K 2016

During the event
October 25th, 2016 - 05:36 GMT

DEWA successfully concludes World Energy Day

The Fujairah port is the second largest — behind Singapore — bun­kering port in the world. (FujairahPort.ae)
October 25th, 2016 - 05:00 GMT

Fujairah steals some shine from Dubai and Abu Dhabi as a regional oil trading hub

Egypt's Ministry of Petroleum has no information about the suspension of supplies during October. (File photo)
October 24th, 2016 - 11:00 GMT

Egypt calls for inquiry as Saudi oil shipments remain suspended

During the event
October 24th, 2016 - 05:39 GMT

DEWA launches Strategy Week 2016

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