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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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During the event
June 20th, 2016 - 05:27 GMT

DEWA hosts Ramadan activities at Reading is Positive Energy exhibition

ENOC Ramadan tent
June 19th, 2016 - 08:23 GMT

ENOC celebrates Iftar daily with 500 Fujairah residents

Iftar meals & water distribution during Ramadan
June 19th, 2016 - 04:57 GMT

EQUATE continues partnership with Zakat House for iftar meals & water distribution during Ramadan

A US found that integrating solar power into the grid is complex because, utility system operators would need to favor one source of supply over the other to maintain market balance. (Shutterstock)
June 16th, 2016 - 01:03 GMT

Renewable energy costs could drop by up to 59 percent in five years: IRENA

The plan envisages increasing the country’s refining capacity to about 3.2 million barrels a day by 2020 from 1.85 million currently. (Ship and Bunker)
June 16th, 2016 - 01:00 GMT

Iran plans to boost refinery capacity by more than 70 percent in four years

With markets already balancing on the back of modest global economic growth, the price for crude oil last week topped $50 per barrel for the first time in nearly a year. (File photo)
June 16th, 2016 - 04:37 GMT

Brexit fears, Goldman Sachs report drive oil prices below $50

 The rebalancing of the market may be delayed if halted supplies in Canada, Nigeria and Libya are able to restart, according to the IEA. (Shutterstock)
June 15th, 2016 - 05:20 GMT

IEA predicts oil market balance in 2017

The company said it reached a deal with a committee of holders of notes and bonds to enter into a "standstill agreement" on interest payments for April, which has now been extended to July 1. (European Oil & Gas)
June 14th, 2016 - 12:00 GMT

Gulf Keystone Petroleum gets extension on debt repayments

Natural gas shortages have in the past forced EGAS to ration gas supplies to industry during months of peak consumption, crippling production and hampering Egypt's economic recovery. (File photo)
June 14th, 2016 - 07:00 GMT

Egypt to divert natural gas supplies from industry to meet August power demands

Iran’s oil exports are currently close to pre-sanction levels of around 2.5 million barrels per day. (Iberorusa)
June 13th, 2016 - 11:00 GMT

European companies line up for Iranian oil deals

Al Bawaba
June 13th, 2016 - 07:00 GMT

Saudi Electricity woos international partners for two solar plants

During the event
June 13th, 2016 - 05:14 GMT

MD & CEO of DEWA launches Amazon/Antarctica experience

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