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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 report does not take the Arab boycott against Israel into account, and therefore does not assume that investment in Israel is even lower than the report found.
November 4th, 2014 - 08:11 GMT

Futile ambitions? The 'boycott effect' aside, Israel declared unfit for gas investments

Kufpec Chief Executive Officer Nawaf Saud Al-Nasir said in a statement Saturday the deal came “as a result of the recently enacted energy reform in Mexico.
November 4th, 2014 - 05:08 GMT

(Un)expected diversification: Kuwaiti company invests in Mexico's energy sector

Al Bawaba
November 4th, 2014 - 10:10 GMT

DEWA endorses 3rd Global IWPP Summit

Al Bawaba
November 4th, 2014 - 08:47 GMT

ENOC opens first stand-alone ZOOM outlet in Abu Dhabi

Al Bawaba
November 4th, 2014 - 06:16 GMT

ADNOC Distribution announces reduction in diesel price at all service stations in the Northern Emirates

Al Bawaba
November 4th, 2014 - 05:55 GMT

Oil prices take another hit

Al Bawaba
November 3rd, 2014 - 10:43 GMT

ENOC marks ‘Flag Day’ to strengthen UAE national solidarity

Al Bawaba
November 3rd, 2014 - 09:03 GMT

Emarat raises the UAE’s Flag in its head office in Dubai

Development of the part jointly owned with the Saudis has been frozen for a year, according to Al-Rai.
November 3rd, 2014 - 05:55 GMT

First oil, now gas: Kuwait, Saudi Arabia in new conflict over energy

 Saudi Arabia slashed November prices last month, sparking talk of an emerging price war.
November 2nd, 2014 - 10:27 GMT

Strong Dubai, weak oil demand source of Saudi pains

Al Bawaba
November 2nd, 2014 - 08:37 GMT

DEWA rolls out AED 39,000 Best Consumer Awards for 2014

Al Bawaba
November 2nd, 2014 - 07:07 GMT

Emarat carries out a successful fire drill in the Central Workshop in Al Qusais

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