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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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GE’s HA technology is already being actively deployed by power plant operators in the MENA and Pakistan region.
July 9th, 2017 - 09:59 GMT

GE Power Highlights New Era of Energy Efficiency and Productivity at Middle East and Pakistan Roadshows

The latest addition to ADNOC Distribution’s network takes the total number of ADNOC Distribution service stations in Sharjah to 89.
July 9th, 2017 - 05:59 GMT

ADNOC Distribution Opens Al Meedan Service Station in Sharjah


ENOC - Cylingas completes a project at Al Maktoum International Airport
July 5th, 2017 - 08:03 GMT

Cylingas Completes Fuel Facility Upgrades at Al Maktoum International Airport

The hike in fuel prices is sparking fears of a further increase to inflation and the cost of food in Egypt. (AFP/ File)
July 4th, 2017 - 11:56 GMT

Egypt: Sudden Hike in Fuel Prices Sparks Fears of Inflation, Increased Food Costs

It's 'business as usual' in Qatar, according to Saad Sharida Al-Kaabi, CEO of Qatar Petroleum. (AFP/ File)
July 4th, 2017 - 11:09 GMT

Qatar to Boost Gas Production by 30 Percent, Defying Gulf Blockade

A fall in oil exports from OPEC countries will lead to a rise in prices. (File photo)
July 4th, 2017 - 11:01 GMT

Oil Prices to Rebound in July as OPEC Exports Fall: Analysts

The wind farm is a partnership between the international energy company Statoil and Masdar. (File photo)
July 4th, 2017 - 10:40 GMT

Masdar Announces World's First Floating Offshore Wind Farm in Scotland

Saeed Mubarak Al Hajeri, chairman of Taqa. (Taqa)
July 4th, 2017 - 10:14 GMT

Taqa Starts Production at Kurdistan Oil Block

Department of Economic Development
July 4th, 2017 - 09:40 GMT

Abu Dhabi Utility Firm, DED Sign Co-op Deal

The new company is the first and only to bring together industry-leading equipment, services and digital solutions across the entire spectrum of oil and gas development.
July 4th, 2017 - 05:25 GMT

Baker Hughes and GE Oil & Gas Complete Combination, Creating the World’s First and Only Fullstream Oil and Gas Company

Total Chief Executive Officer Patrick Pouyanne (L) shakes hands with Iranian President Hassan Rouhani during a meeting in Paris on January 28, 2016. (Eric Fefferberg/ AFP)
July 3rd, 2017 - 02:35 GMT

Iran Signs $4.8 Billion Gas Deal With Total, Its Biggest Ever

Oil prices on Friday logged their biggest weekly gain since mid-May. (AFP/ File)
July 3rd, 2017 - 11:15 GMT

Oil Prices up as Saudi Arabia Extends Deadline on Qatar Demands

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