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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 24th, 2014 - 05:46 GMT

A coal coalition between Egypt and China sees a renewed burst of energy for joint power generation

Al Bawaba
December 24th, 2014 - 12:57 GMT

Omanoil rewards customers through nationwide campaign in celebration of lubricants one year anniversary

Al Bawaba
December 24th, 2014 - 11:20 GMT

Evaporating hopes: US-Israeli gas deal a step closer to being scrapped

Al Bawaba
December 24th, 2014 - 10:38 GMT

Does this spell the end for the tax haven dream? Crisis looms for the GCC as the rich Gulf could be in financial jeopardy

Authority will soon replace power meters in all residential, commercial and industrial buildings in Sharjah
December 24th, 2014 - 05:14 GMT

Sharjah on a power high! Smartens up its act with 'smart meters' to read electricity and water consumption

Al Bawaba
December 23rd, 2014 - 12:57 GMT

Forget fossil fuels, it is high time that Arab countries looked to nuclear power, suggests AAE chief

30 billion EGP in savings
December 23rd, 2014 - 11:16 GMT

Oil price plummet plays into Egypt's interest: Spares Budget 30 billion EGP in energry subsidies

During the event
December 23rd, 2014 - 10:32 GMT

Oman Oil Company and OPALs ‘my job, my oath’ programme reaches more than 1,200 participants by end of year

Al Bawaba
December 23rd, 2014 - 10:24 GMT

DEWA launches public brainstorming campaign on social media

Saudi Arabia is the only GCC state to allow private investment in the petrochemical sector (File Archive/ AFP).
December 22nd, 2014 - 08:00 GMT

Slow going: KSA to spend $91bn to grow petchem sector

Al Bawaba
December 22nd, 2014 - 03:34 GMT

Saudi Oil Chief spills! Shoots down conspiracy theories on oil prices

Al Bawaba
December 22nd, 2014 - 02:00 GMT

Is a recession on the new year horizon for oil-concerned UAE?

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