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Oil and Renewables

Oil and Renewables latest

Renewed US-Iran Tensions Lift Oil Prices as Investors Focus on Inflation Risks
July 15th, 2026 - 04:08 GMT

Renewed US-Iran Tensions Lift Oil Prices as Investors Focus on Inflation Risks

Renewed tensions between the US and Iran have pushed oil prices higher, bringing inflation risks back into focus for global investors, according to Lale Akoner, Global Market Strategist at eToro. While crude prices have risen amid concerns over slower traffic through the Strait of Hormuz, markets are not yet treating the situation as a full-scale oil supply crisis. Instead, investors appear to believe that energy supplies are becoming tighter, but not significantly disrupted. "Markets are pricing in higher geopolitical risk, but not a major supply shock," said Akoner. "Slower traffic ...
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ENOC has created a new activity each month for this initiative and the theme for October is the ‘Month of Values’.
October 15th, 2018 - 11:25 GMT

ENOC Honors the Elderly at the International Day for Older Persons Celebrations

Ahmad Bin Shafar, CEO of Empower
October 15th, 2018 - 11:17 GMT

Empower District Cooling Plant in Dubailand Residential Complex With 40,000 RT

Abu Dhabi National Oil Company
October 14th, 2018 - 11:48 GMT

ADNOC Distribution Shareholders Approve Dh735 Million Dividend

The move comes in line with the policies to diversify oil sales as part of a plan to facilitate oil exports as US sanctions targeting its energy sector in November draw nearer.  (Shutterstock)
October 14th, 2018 - 02:14 GMT

Iran to Offer 1 Million Oil Barrels on Domestic Stock Market

HSE and Sustainability Forum
October 11th, 2018 - 10:58 GMT

ENOC and Energy Institute’s Forum Highlights Importance of HSE and Sustainability in Energy Sector

He said the sanctions were an opportunity for domestic manufacturers (Shutterstock)
October 11th, 2018 - 07:25 GMT

Iran Prepares for US Sanctions and Builds Its Own Oil Transfer Turbines

DEWA Stand at WETEX 2018
October 11th, 2018 - 04:55 GMT

Wetex 2018 Documents the UAE’s Drive Towards Green Energy Reliance, in Line With the Growing Global Trend

Masdar Park
October 11th, 2018 - 04:34 GMT

Masdar Announces WiSER Pioneers Programme At Mohamed Bin Zayed Majlis for Future Generations

The turbine unit contract is Boston-based GE’s biggest in the Middle East and North Africa and Turkey so far this year. (Shutterstock)
October 10th, 2018 - 06:39 GMT

GE to Power Egypt's First Nuclear Plant

Siemens Gamesa will establish a transformer substation to move the energy produced from the first wind farm in Ras Ghareb, with a capacity of 220 kV to transfer 180 MW, and another station of 500 kV to transfer 650 MW. (Shutterstock)
October 10th, 2018 - 06:16 GMT

Egypt to Harness Wind Power With €2 Billion Investments

The US oil drilling rig count fell for a third consecutive week, as rising costs and pipeline bottlenecks have hindered new drilling since June. (Shutterstock)
October 9th, 2018 - 05:57 GMT

US Contemplates Waivers on Iran Crude Sanctions, but There Is a Catch

The two sides stressed cooperation in technology transfer and exchanging the know-how in the field, as well as the possibility of investment by Omani companies in the Islamic Republic’s upstream oil and gas sector. (Shutterstock)
October 9th, 2018 - 05:53 GMT

Iran, Oman to Boost Energy Ties

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