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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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The Tawke field accounts for 50 percent of the production and 60 percent of the total oil exports from the Kurdish north. (File photo)
May 5th, 2016 - 04:03 GMT

Kurdish oil payments help boost Norway's DNO investments in Northern Iraq field

During the event
May 3rd, 2016 - 05:10 GMT

DEWA organises innovation camps

Power plant in Samawah, Iraq. (Wikimedia Commons)
May 2nd, 2016 - 09:00 GMT

Iran resumes electricity exports to Iraq following debt settlement

The independent Australian-based Dunmore Consulting company estimates that the Hatrurim area contains from seven to eleven million barrels of oil. (Wikimedia Commons)
May 2nd, 2016 - 04:00 GMT

Israel's Dead Sea oil find reportedly worth $1.2B

Oman envisages Ras Markaz to be one of the largest oil storage hubs worldwide. (Shutterstock)
May 1st, 2016 - 07:00 GMT

Oman seeks $400M to develop oil storage terminal in Ras Markaz

Saudi Aramco plans to sell less than 5 percent of the company via an initial public offering. (File photo)
April 28th, 2016 - 06:00 GMT

Saudi Aramco outlines financial plan to become 'a global industrial conglomerate'

Due to oversupply around the world and low global demand, crude oil prices began falling in June 2014 from $115 per barrel.  (File photo)
April 27th, 2016 - 08:00 GMT

Hope on the horizon as World Bank forecasts oil price rise to $41 a barrel

The gap in estimate means a NIS 100 billion reduction in revenue from gas sales and a reduction of more than NIS 50 billion in state revenues from taxation. (File photo)
April 26th, 2016 - 07:00 GMT

Dutch report cuts Leviathan gas estimates

Oil exports were not affected by the strike action.  (AFP/File)
April 26th, 2016 - 04:13 GMT

Kuwait suffered up to $200M in losses due to oil strike

ROSATOM
April 25th, 2016 - 07:35 GMT

Rusatom Overseas and PLN held workshop on Russian Nuclear Power Plant Technologies

One of Israel's main concerns is that Russian involvement would forestall the development of Leviathan in order to prevent competition with Russian gas. (File photo)
April 25th, 2016 - 07:30 GMT

Russia's Gazprom eyes Leviathan gas investment

The proposed solar project will create jobs of 1,000 people locally.  (File photo)
April 25th, 2016 - 05:30 GMT

Oman: German-funded mega solar project planned in Duqm

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