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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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Critics of the new contract are worried about giving foreign companies a stake in the fields. (File photo)
September 18th, 2016 - 04:13 GMT

Revised Iranian oil contract paves way for $10B of investments by 2017

Dubai Electricity and Water Authority
September 16th, 2016 - 12:04 GMT

DEWA records increase in smart adoption

The steady surge in Saudi output is the result of an adamant Riyadh oil policy against low oil prices. (File photo)
September 15th, 2016 - 10:00 GMT

Saudi Arabia surpasses the US to become world's largest oil producer

Russia and Saudi Arabia, the leading global oil producers, earlier this month agreed to work towards a possible freeze in oil output volumes to support oil prices. (Shutterstock)
September 15th, 2016 - 08:00 GMT

Pumping up: OPEC expects larger surplus next year

Dubai Electricity and Water Authority
September 8th, 2016 - 05:23 GMT

DEWA wins the lion’s share of International Business Stevie® Awards 2016

IPP projects are usually more cost effective than government power plants.  (File photo)
September 6th, 2016 - 10:00 GMT

Private sector to help power up energy needs to ease GCC governments' burden

EQUATE President & CEO Mohammad Husain
September 6th, 2016 - 09:53 GMT

EQUATE: rumors are false allegations aimed at shaking the pillars of national economy

During the event
September 6th, 2016 - 09:26 GMT

ADNOC Distribution opens Al Bahya service station in Abu Dhabi

ROSATOM
September 6th, 2016 - 06:13 GMT

ROSATOM is ready to build 16 nuclear power units in Saudi Arabia

Saudi Deputy Crown Prince Muhammad bin Salman at the G20 Summit in Hangzhou. (AFP/Nicolas Asfouri)
September 6th, 2016 - 05:13 GMT

Saudi, Russian statement lifts oil prices despite lacking specifics of action plan

DEWA summer training programme 2016
September 5th, 2016 - 05:40 GMT

DEWA completes its summer training programme 2016

The drilling campaign on Zohr will continue in 2016 with the drilling of a sixth well. (Wikipedia)
September 4th, 2016 - 11:00 GMT

Eni steps up drilling in Egypt's Mediterranean with fifth well

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