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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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Al Bawaba
December 29th, 2015 - 10:40 GMT

'Marathon' meetings between Shell-BG and Leviathan partners to finalize Israel gas export to Egypt

OPEC's last meeting in November ended without concrete plans to change the status quo. (File photo)
December 29th, 2015 - 10:00 GMT

Russia's playing the blame game over oil prices

Al Bawaba
December 28th, 2015 - 02:00 GMT

Iran bases new budget on oil at $35

Al Bawaba
December 28th, 2015 - 09:59 GMT

OPEC forecasts 47 percent rise in global energy demand by 2040

The economic activity is expected to improve over the next two years (Image: File/Photo)
December 27th, 2015 - 07:35 GMT

More than just oil: Kuwait's private sector expects 5 percent growth

Al Bawaba
December 27th, 2015 - 07:29 GMT

Iran sets up growth plan to develop renewable energy

The projects are scheduled to be completed in 18-24 months (Image: file/photo)
December 27th, 2015 - 06:56 GMT

Jordan: A brighter 2016 with more solar energy projects on the horizon

Al Bawaba
December 23rd, 2015 - 01:30 GMT

UN reiterates plea to Israel to compensate Lebanon for 2006 oil spill

Al Bawaba
December 22nd, 2015 - 07:12 GMT

Dewa receives 21 RFQs for solar park project

The project will produce energy from carbon free resources, displacing 235,000 tons of carbon dioxide emissions annually. (Shutterstock)
December 22nd, 2015 - 07:08 GMT

MENA's largest wind farm opens in Jordan

Mohamed bin Rashid Al Maktoum Solar Park
December 22nd, 2015 - 06:31 GMT

DEWA receives 21 Requests for Qualification for 800MW 3rd project of Mohamed bin Rashid Al Maktoum Solar Park

Al Bawaba
December 21st, 2015 - 02:00 GMT

Russian oil exports to Asia make a dent in market share battle with OPEC

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