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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
May 26th, 2016 - 04:55 GMT

DEWA organises appreciation ceremony for strategic partners

Iran continues to stress that it has no plans to freeze the level of its oil production and exports. (File photo)
May 25th, 2016 - 04:17 GMT

Oil recovery to $65 a 'fair price' to encourage investment: Qatari minister

During the event
May 23rd, 2016 - 04:54 GMT

ADNOC launches new brand aligned with strategic focus of efficiency, performance, profitability and people

The cabinet is seeking to create conditions that will help enhance trust, expedite investments and encourage additional investments in the gas sector, including the entry of new investors. (File photo)
May 23rd, 2016 - 04:09 GMT

Israeli cabinet approves new natural gas development plan

Officials from Russia (L) and Egypt (R) sign an agreement to build Egypt's first nuclear power plant as Egyptian President Abdel Fattah al-Sisi (C) in November 2015. (Facebook)
May 22nd, 2016 - 11:00 GMT

Egypt approves $25B Russian loan for Dabaa nuclear power plant construction

Saudi has been pushing for a freeze deal since February so they needed to rely on stocks to meet any rise in customers’ demands at home and abroad while keeping their output flat. (File photo)
May 22nd, 2016 - 08:35 GMT

Saudi's oil stockpiles reach lowest level in 18 months as exports soar

Workers at the Leviathan gas field. (Noble Energy)
May 19th, 2016 - 01:40 GMT

Israel may halve Egypt's $1.7B fine for halted gas supply: Bloomberg

Jordan Atomic Energy Commission chairman insists that the nuclear program is vital to ensure diversity in the energy mix in the Kingdom, which has been dependent on imported fuel. (File photo)
May 19th, 2016 - 11:00 GMT

Jordan seeks funding for nuclear energy program expansion

Jordan's energy minister said that the project would create the necessary infrastructure for the interconnection with Saudi Arabia. (File photo)
May 19th, 2016 - 08:00 GMT

Electrifying: Jordan to link to GCC grid via Saudi Arabia

The Dutch company Shell acquired all assets and concessions of BG in February 2016.  (Shell)
May 19th, 2016 - 07:00 GMT

Egypt: Shell and British Gas to receive $400M of $3.2B dues in June

The compromise is aimed at creating a regulatory environment that encourages investments. (File photo)
May 19th, 2016 - 05:30 GMT

Leviathan gas development: Noble Energy, Delek accept compromise on regulatory clause

In cooperation with Russia’s Rosatom, Jordan's first reactor is slated to be ready by 2023 and the second by 2025. (Shutterstock)
May 17th, 2016 - 11:53 GMT

Nearly half of Jordan's electricity from nuclear power by 2025: PM

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