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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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Oil prices play an important role in Saudi policy-making. (File photo)
January 14th, 2016 - 05:00 GMT

Dig in! Saudi to welcome foreign investment on oil exploration

Al Bawaba
January 13th, 2016 - 01:00 GMT

Dana Gas to halve spending, cut workforce in 2016

Al Bawaba
January 13th, 2016 - 11:05 GMT

Bahrain's subsidy reductions bite: gas prices jump 60 percent

Al Bawaba
January 13th, 2016 - 09:55 GMT

UAE dismisses need for emergency OPEC meeting following latest oil price drop

Both companies have reiterated their commitment to their investment in the regional Shaikan area. (Shutterstock)
January 12th, 2016 - 09:00 GMT

Hungary's MOL divest stake in Kurdish oil field

In addition to the EMG conflict, the gas export deal also faces hurdles within the Egyptian government. (File photo)
January 12th, 2016 - 05:45 GMT

Hot air hurdles: EMG denials put Israel gas exports to Egypt in question

Al Bawaba
January 11th, 2016 - 08:31 GMT

Omanoil donates OMR 15,000 to the Omani association for elderly friends

Al Bawaba
January 10th, 2016 - 03:00 GMT

Green future up for grabs: Egypt unveils $6B in renewable energy investments

Al Bawaba
January 10th, 2016 - 05:32 GMT

Strike oil: news of possible Saudi Aramco sale rocks the energy world

Al Bawaba
January 10th, 2016 - 05:08 GMT

Middle East tensions fail to drive up oil prices

Al Bawaba
January 7th, 2016 - 05:07 GMT

As oil prices drop to new low, UAE stocks suffer

During the workshop
January 7th, 2016 - 06:01 GMT

DEWA organises workshops for government bodies about smart applications

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