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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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Along with the UAE, another Gulf country that is actively pursuing a nuclear programme is Saudi Arabia.
April 20th, 2014 - 02:55 GMT

Nuclear energy in the Middle East: a renewable menace?

Al Bawaba
April 20th, 2014 - 12:10 GMT

The not-so-smart approach: Libya to introduce smart card system to cut fuel subsidies

Iran shares oil and gas fields with most of its neighbors, including Iraq, Kuwait, Qatar, as well as Oman and Turkmenistan.
April 17th, 2014 - 09:53 GMT

Historic irony? Iran to splash $20 billion on joint oil fields with Iraq

Al Bawaba
April 17th, 2014 - 08:23 GMT

Masdar Institute’s iMicro to Host Global and Local Industry Leaders Meet on 22 April

If realised, this would not only revive output at Idku but also mean that Israel's first LNG exports would take place from an Egyptian plant.
April 16th, 2014 - 10:02 GMT

Will passing gas ease Israel's tensions with Egypt and Turkey?

Al Bawaba
April 16th, 2014 - 12:03 GMT

ADNOC Distribution Awards Winners of Internal HSE Initiatives for 2013

Al Bawaba
April 16th, 2014 - 06:47 GMT

Omanoil Offers Business Opportunities for SMEs to Operate Car Care Centers

Renewed exports will restore much-needed revenue stream for Libya's weak central government following the 2011 overthrow of Moamer Kadhafi.
April 16th, 2014 - 02:04 GMT

After $14 billion down the drain, Libyan oil is back on the market

Al Bawaba
April 15th, 2014 - 01:00 GMT

Turn off the lights: Egypt prepares for 25 percent fuel hike this summer

Al Bawaba
April 15th, 2014 - 11:35 GMT

ENOC Retail Offers over 60 Lucky Customers at ZOOM Stores on Dubai Metro Network Free Travel for a Year

Current desalination techniques are typically very energy intensive: energy consumption can account for up to 70 per cent of the desalination costs
April 15th, 2014 - 11:26 GMT

GE and Saudi Aramco Launch Global Innovation Challenge to Find Renewable Energy Solutions

Al Bawaba
April 15th, 2014 - 10:14 GMT

Oil giant BP announces $3 billion project in Oman

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