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Oil and Renewables

Oil and Renewables latest

Gold jumps 2% to two-week high as weak U.S. data fuels Fed rate cut bets
November 10th, 2025 - 10:45 GMT
Albawaba Business

Albawaba Business

Gold jumps 2% to two-week high as weak U.S. data fuels Fed rate cut bets

ALBAWABA- Gold prices surged 2% on Monday to their highest level in two weeks, driven by mounting expectations of a Federal Reserve rate cut next month and renewed safe-haven demand amid global economic and geopolitical uncertainty. A softer U.S. dollar further bolstered bullion’s appeal. According to Reuters , spot gold climbed 2% to $4,078.45 per ounce by 09:56 GMT—its strongest level since October 27—while U.S. gold futures for December delivery ...
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Most of Tanzania's gas discoveries have so far been made in deep-sea offshore blocks. (Tanzania Petroleum)
March 29th, 2016 - 10:00 GMT

Dubai's Dodsal Group makes major gas find in Tanzania

The gas outline agreement will be delayed at least two months as it goes back to battle in the Knesset. (File photo)
March 28th, 2016 - 01:12 GMT

Israel's High Court mows down Leviathan natural gas development framework

US Republican presidential hopeful Donald Trump addresses the American Israel Public Affairs Committee (AIPAC) 2016 Policy Conference at the Verizon Center in Washington, DC, March 21, 2016.  (AFP/Saul Loeb)
March 27th, 2016 - 01:21 GMT

'No oil from Saudi without ground troops commitment': Trump

The  Khazzan natural gas field was discovered in 2000, in the northeast Omani province of Al Dhahirah, approximately 217 miles southwest of Muscat. (Al Wasat)
March 27th, 2016 - 11:11 GMT

Oman Oil seeks $1B to help finance Khazzan gas field development

Qatar will be hosting a meeting of OPEC and non-OPEC members on April 17 to discuss oil production.  (File photo)
March 27th, 2016 - 04:50 GMT

Oil producers meeting needs to send a clear message to markets: economists

Japan began development of Azadegan oil field but ceased operations as a result of US sanctions against Iran.  (AFP/File)
March 25th, 2016 - 11:30 GMT

Oil giant Total signs 'secret deal' with Iran for South Azadegan field development

During the Gala Dinner
March 24th, 2016 - 11:19 GMT

DEWA hosts 7th Gala Dinner

The KRG relies heavily on oil exports to pay for its public sector salaries.  (Defence Point)
March 24th, 2016 - 05:06 GMT

Iraq: Central government pushes for new oil deal with KRG

The Belgian flag is projected on the EU Commission building in tribute to the victims of Brussels following triple bomb attacks in the Belgian capital that killed about 35 people and left more than 200 people wounded. (AFP/Philippe Huguen)
March 23rd, 2016 - 07:00 GMT

Brussels attacks send oil prices into negative territory

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
March 23rd, 2016 - 05:41 GMT

DEWA celebrates World Water Day

ROSATOM
March 22nd, 2016 - 08:33 GMT

Bolivian Senate approved intergovernmental agreements with Russia by the majority of votes

During the event
March 22nd, 2016 - 06:53 GMT

DEWA awards Robotics Competition winners

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