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Oil and Renewables

Oil and Renewables latest

ADNOC Distribution and Landmark Group Launch Region’s Largest Loyalty Partnership
September 11th, 2025 - 04:45 GMT

ADNOC Distribution and Landmark Group Launch Region’s Largest Loyalty Partnership

ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, today announced a new collaboration with Landmark Group, the Middle East’s premier omnichannel retail leader. The partnership enables seamless point conversion and cross-platform redemption between ADNOC Rewards and Shukran programs, unlocking new benefits and providing greater choice for millions of members across the UAE. ADNOC Rewards points can now be seamlessly converted into Shukran points and used across Landmark Group’s retail brands. Likewise, Shukran members can convert their points into ADNOC Rewards, unlocking access to a broad ...
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Saudi Arabia’s bourse, where petrochemicals account for almost a third of total earnings, took the biggest hit among major markets,
December 1st, 2014 - 03:59 GMT

Panic mode: Gulf stocks 'bleeding'

Both U.S. crude and Brent have fallen for five straight months, oil’s longest losing streak since the 2008 financial crisis.
December 1st, 2014 - 11:43 GMT

How low/long can it go? Oil officially hits 5 year low in longest losing streak since 2008

“The market will dictate the right sustainable and stable price. ... We need to allow enough time for market stability,” he added.
December 1st, 2014 - 05:55 GMT

The tyranny of the minority? OPEC output decision 'not good for all', says Iran

If low prices continue, Oman and Bahrain will have to revise very seriously their budgets for 2016
December 1st, 2014 - 04:55 GMT

Iran, Iraq weaker links: who will be hit the hardest from plunging oil prices?

Al Bawaba
November 30th, 2014 - 11:52 GMT

Emarat celebrates 43rd UAE National Day

Oil analysts said the OPEC decision left the oil market vulnerable to much bigger falls as abundant supply of high quality,
November 30th, 2014 - 05:55 GMT

Oil prices take another nosedive after OPEC's dubious decision

Terminating the third tranche will save the Treasury around JD70 million as the government allocated JD210 million in direct cash compensation for fuel this year.
November 30th, 2014 - 04:55 GMT

Seizing the moment: Jordan cancels third tranche of fuel compensation after oil price collapse

"The power of convincing will prevail tomorrow... I am confident that OPEC is capable of taking a very unified position," Naimi said
November 27th, 2014 - 12:30 GMT

A consensus to fight over market share: OPEC heads towards no ouput cut

Al Bawaba
November 27th, 2014 - 09:55 GMT

ENOC celebrates 43rd UAE National Day with colourful showcase of Emirati culture

Venezuela, a noted price hawk, would try for an output agreement within OPEC on Thursday instead.
November 26th, 2014 - 07:28 GMT

The pretext to a vicious supply game? OPEC's major oil powers fail to reach 'impromptu' agreement on output

if Opec wants to do a quick fix it could agree on a sharp reduction in output until a balance between supply and demand has been re-established.
November 26th, 2014 - 12:17 GMT

To cut or not to cut: OPEC's existential question


Key will be what the club's biggest producer and exporter Saudi Arabia decides.
November 26th, 2014 - 12:09 GMT

Oil sinks below $80 as signs of output cut fade

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