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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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The power station in south Cairo is under development at a total cost of $1.7 billion to generate 1.950 megawatts. (File photo)
March 17th, 2016 - 12:00 GMT

Kuwait Fund approves $108M loan to Egypt for new power station

Brent and WTI crude currently stand around $39 and $37 a barrel respectively from lows of below $30. (File photo)
March 17th, 2016 - 11:00 GMT

Qatar to host oil production-freeze talks April 17

HE Saeed Mohammed Al Tayer
March 17th, 2016 - 09:56 GMT

UAE Water Aid starts accepting applications for Mohammed bin Rashid Al Maktoum Global Water Award worth $1 million

Prior to the civil war, Libya was producing more than 1 million bpd, compared to 480,000 bpd in 2014.  (Oilpro)
March 17th, 2016 - 09:00 GMT

Libyan oil production at five-year low

ROSATOM
March 16th, 2016 - 09:57 GMT

First Meeting of the Joint Saudi-Russian Coordination Committee

The company will carry out preliminary studies in order to understand Egypt’s monetary policy.  (File photo)
March 15th, 2016 - 12:30 GMT

Graviton launches $500M fund to explore Egypt's green energy sector

During the event
March 15th, 2016 - 10:26 GMT

DEWA organises programme for the elderly to support innovation, creativity and education

Westinghouse
March 15th, 2016 - 10:16 GMT

China's debut Westinghouse reactor delayed until June 2017

During the event
March 15th, 2016 - 10:00 GMT

Omanoil ‘Majalis Al Ata’ program set to hone capabilities of charitable organizations across the sultanate

During the event
March 15th, 2016 - 05:13 GMT

MD & CEO of DEWA inaugurates 2nd RetrofitTech Conference

Israel Natural Gas Lines is investing in resources to allow the export of gas to Jordan from both Tamar and Leviathan fields.  (Shutterstock)
March 15th, 2016 - 05:11 GMT

Jordan to receive natural gas from Israeli pipeline by 2017

Rosatom
March 14th, 2016 - 10:24 GMT

Rosatom subsidiaries supplied the first Mo-100 isotope batch to Korea for a joint international project

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