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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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The R&D centre, which was launched in 2014, will focus on four key operations - production of electricity using solar energy, integration of smart grids, energy efficiency, and water. (Trade Arabia)
July 26th, 2017 - 05:58 GMT

DEWA's R&D Facility Set for 2020 Launch

Barakah Nuclear Energy Plant - Unit 2. (Trade Arabia)
July 26th, 2017 - 05:43 GMT

ENEC Completes Key Test on Nuclear Energy Plant

Earlier this month, Saudi Arabia announced it would cut crude oil shipments in August. (AFP/ File)
July 25th, 2017 - 11:58 GMT

Saudi Arabia's Reduced Oil Exports Will Force US Inventories Lower: Analysts

Saudi Arabia on Monday approved the establishment of a national project for atomic energy. (File photo)
July 25th, 2017 - 10:51 GMT

Saudi Arabia Says Atomic Program Will 'Optimize Use of Energy Sources'

This year’s awards, which build on ADNOC’s leadership in implementing a high performance HSE culture, with distinctive capabilities and best-in-class standards and systems, attracted 193 entries, across six categories.
July 25th, 2017 - 05:36 GMT

ADNOC Recognizes Outstanding Individuals Who Make Abu Dhabi’s Oil and Gas Industry One of the Safest in the World

Ahmad Bin Shafar, CEO of Empower.
July 24th, 2017 - 11:27 GMT

Empower to Participate as Strategic Sponsor at WETEX 2017

Kuwait’s oil minister Essam Al-Marzouq says deeper cuts are a possibility for OPEC and non-OPEC countries. (Yasser Al Zayyat/ AFP)
July 24th, 2017 - 10:24 GMT

What to Expect From Today's OPEC, Non-OPEC Meeting?

ADNOC is increasingly focused on building and developing long-term partnerships with Asian partners. (File photo)
July 23rd, 2017 - 09:23 GMT

ADNOC in Strategic Asia Partnership Talks

An Austrian soldier stands guard outside the OPEC headquarters in Vienna on November 29, 2016. (AFP/ File)
July 19th, 2017 - 11:43 GMT

OPEC Appoints Saudi Al-Qahtani as New Director of Research

Ahmad Bin Shafar, CEO of Empower.
July 19th, 2017 - 07:33 GMT

Empower Extends Support to ‘State of Green Economy’ Report

Libya said it will attend a meeting of OPEC and non-OPEC members in St. Petersburg on July 22. (AFP/ File)
July 18th, 2017 - 02:29 GMT

Libya to Join OPEC, Non-OPEC Members in Meeting on July 22

Ahmad Bin Shafar, CEO of Empower
July 16th, 2017 - 11:16 GMT

Empower’s ‘Smile at 24 Degrees’ Campaign Marks 6.5 per Cent Reduction in Consumption in the First Month

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