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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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Russian Oil Minister Alexander Novak (L) arrives for a meeting with his Saudi counterpart in Riyadh on October 23, 2016. (AFP/Fayez Nureldine)
October 24th, 2016 - 04:27 GMT

GCC-Russian energy meeting underway in Riyadh

An employee walks at a solar plant in Masdar outside the Emirate of Abu Dhabi. (AFP/File)
October 23rd, 2016 - 09:30 GMT

Masdar raises the bar with plans to build Jordan’s largest solar power plant

Saudi Arabia's oil minister outlined the rapidly changing landscape in the energy industry since OPEC last month in Algeria to modestly cut its output. (File photo)
October 23rd, 2016 - 04:09 GMT

Saudi Arabia to expand clean energy options amidst fears of future supply shortfalls

During the event
October 20th, 2016 - 11:00 GMT

DEWA launches Al Saada Park at Dubai Ladies Club in cooperation with Dubai Women Establishment

EQUATE Team at K 2016
October 20th, 2016 - 09:59 GMT

EQUATE has finalized polyethylene capacity increase project

A new report warns that encouraging estimates are not suffice to claim that Lebanon will smoothly extract and export gas in the future without any difficulties. (File photo)
October 19th, 2016 - 09:00 GMT

Celebrations premature: Obstacles remain in tapping Lebanon's potential oil and gas wealth

Russia has been a leading non-member supporter of efforts to control production and influence crude oil prices. (Shutterstock)
October 19th, 2016 - 07:00 GMT

Crude oil rallies as support builds for OPEC production freeze

EQUATE President & CEO Mohammad Husain
October 19th, 2016 - 06:57 GMT

KFAS, EQUATE, Americana & Plastic Industries Company celebrate innovative collaboration in plastic food packaging

ADNATCO
October 18th, 2016 - 10:03 GMT

ADNOC to create world class shipping, marine and services Company

Dewa stand at GITEX
October 17th, 2016 - 07:05 GMT

HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum inaugurates DEWA’s updated website at GITEX 2016

During the signing
October 16th, 2016 - 09:27 GMT

Oman Oil Marketing Company joins hands with Al Raffd Fund to empower entrepreneurs with marketing support

In a statement Friday from OPEC on the outcome of the meetings in Istanbul, Russian Energy Minister Alexander Novak said support was growing from non-member states. (Shutterstock)
October 16th, 2016 - 04:09 GMT

Crude oil prices dip despite positive OPEC sentiment in Istanbul

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