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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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Saif Humaid Al Falasi, CEO of Enoc Group
February 12th, 2018 - 07:54 GMT

Enoc Group Explores Investments in Egypt

Saudi Arabia's King Salman has given the water sector a boost with $46.6 million to spend each year on mobile desalination plants. (File photo)
February 11th, 2018 - 12:11 GMT

Saudi King Orders $46.6 Million to Be Spent Annually on Desalinated Water

Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi with Narendra Modi, Prime Minister of India. (AFP)
February 11th, 2018 - 07:41 GMT

Mohamed Bin Zayed and India’s Narendra Modi Sign Historic Adnoc Concession Agreement

The revenues from oil and gas exploration will dramatically change the face of Lebanon, according to estimates. (Shutterstock)
February 8th, 2018 - 12:40 GMT

Lebanon: Offshore Gas Project to Generate $200 Billion in Revenues

Analysts expect a correction in oil to the $59 level of support. See this chart. (Shutterstock)
February 8th, 2018 - 11:38 GMT

Oil Prices to Correct to $59, Say Analysts [CHART]

Saeed Mubarak Al-Hajeri, Taqa Chairman of the Board
February 8th, 2018 - 10:13 GMT

Taqa Posts Dh253 Million Net Profit in the Fourth Quarter of 2017

The new service will be available across all ENOC stations.
February 8th, 2018 - 06:15 GMT

Paying for Petrol at Enoc Stations Now Possible With 'Dubai Now' App

After banking on oil for decades, Saudi Arabia is now trying to tie its future to another resource it has in abundance: sunlight. (File photo)
February 7th, 2018 - 11:27 GMT

From Oil to Solar: Saudi Arabia Rolls-Out a New Energy Plan

In 2013, Jordan and Iraq agreed on the idea of the 1,700-kilometer (1,000-mile) pipeline to run from Basra to Aqaba at a cost of $18 billion. (Shutterstock)
February 7th, 2018 - 09:02 GMT

Iraq, Jordan Agree on Basra-Aqaba Oil Pipeline

Mohammad Sharaf, ENOC Group Chief Financial Officer
February 7th, 2018 - 08:24 GMT

ENOC Appoints New Group Chief Financial Officer

Mohammad Abunayyan, Chairman of ACWA Power
February 7th, 2018 - 06:54 GMT

Acwa Power Wins First Solar PV Project in Saudi Arabia

The agreement was signed by Sheikh Ahmed bin Saeed Al Maktoum, Director General of DUSUP and Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO.
February 7th, 2018 - 06:15 GMT

ADNOC Signs 15-Year Gas Sales Agreement With Dubai Supply Authority

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