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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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Egypt announced additional tenders for 665,000 tonnes of gasoil and 132,000 tonnes of gasoline for November arrival, levels that could suggest a protracted delay of Aramco products. (Shutterstock)
October 9th, 2016 - 08:30 GMT

Halted Saudi oil deliveries leave Egypt scrambling for tenders

Under the theme “Embracing New Frontiers,” the congress program will lead delegates through the current and critical issues facing the energy industry. (Shutterstock)
October 6th, 2016 - 12:00 GMT

The 23rd World Energy Congress 2016 in Istanbul hopes to 'Embrace New Frontiers'

Through its various subsidiaries, EGPC engages in all aspects of the petroleum industry. (Shutterstock)
October 6th, 2016 - 11:00 GMT

Apicorp arranges $100M Murabaha financing for Egyptian General Petroleum Corporation

The UAE mainly imports gas to generate electricity from Qatar through the Dolphin energy pipeline. (Shutterstock)
October 6th, 2016 - 09:00 GMT

Dolphin Energy, Qatar Petroleum ink LNG deal with RAK, Sharjah

The speaker said the government’s monthly assessment of petrol prices represents a “partial liberalization” of petrol prices, adding that the amount of free petrol given to citizens will vary monthly. (File photo)
October 6th, 2016 - 05:00 GMT

Kuwait plays with petrol prices, but expats will take a hit

During the event
October 4th, 2016 - 10:51 GMT

Oman Oil Marketing Company CEO inaugurates ‘Customer Care Week

The rise in exports was mostly attributed to a rise in shipments of condensate – a type of ultra light oil often produced with natural gas.  (File photo)
October 4th, 2016 - 08:00 GMT

Iran oil exports hit benchmark pre-sanctions output levels

Ayla Golf Course was designed by professional golfer Greg Norman. (Ayla)
October 3rd, 2016 - 10:30 GMT

Jordan's new golf course in Aqaba brings solar power to the fore

The LNG will be supplied from Qatargas 2, the world's first fully integrated LNG value chain venture, with the first cargo expected to be delivered to Pakistan in 2018. (Shutterstock)
October 2nd, 2016 - 09:00 GMT

Qatargas and Pakistan's GEIL sign 20-year LNG sales deal

The increase in prices for kerosene and diesel is around 2.4 per cent, and around 3.6 per cent for gasoline.  (File photo)
October 2nd, 2016 - 07:00 GMT

Jordan raises fuel prices

ADNOC service station
October 2nd, 2016 - 05:22 GMT

ADNOC Distribution temporarily closing NGV fuelling at Souq Al Bateen Service Station in Abu Dhabi

The development came after Kuwaiti lawmakers on Thursday requested an emergency session of parliament to debate the price increase.. (File photo)
September 29th, 2016 - 06:24 GMT

Kuwait court rules fuel price hikes illegal

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