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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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Abu Dhabi National Oil Company
February 21st, 2017 - 05:38 GMT

ADNOC awards China’s CEFC 4% interest in ADCO onshore concession

Rosneft is Russia's largest oil producer. For the fourth quarter, the company said its net production was up 11.8 percent year-on-year for a new record high. (Shutterstock)
February 21st, 2017 - 05:24 GMT

Russia's Rosneft begins new drilling operations in Iraq

"The oil, gas and petrochemicals sectors will continue to be the backbone of economies across the Mena region," said Meed editorial director Richard Thompson. (Shutterstock)
February 20th, 2017 - 11:00 GMT

MENA continues heavy oil and gas spending despite low oil prices

Dubai Electricity and Water Authority
February 19th, 2017 - 01:01 GMT

DEWA exceeds global average on Sustainability Culture Indicator scoring 88.7%

ADNOC CNPC Signing
February 19th, 2017 - 11:41 GMT

ADNOC awards China National Petroleum Corporation 8% stake in ADCO onshore concession

His Excellency Saif Humaid Al Falasi, Group CEO, ENOC
February 19th, 2017 - 11:07 GMT

ENOC concludes 2017 Dubai Shopping Festival campaign

Many of the reserves and energy facilities are located in the country’s south which has been hit by a wave of sandstorms in recent years. (File photo)
February 19th, 2017 - 10:00 GMT

Iran announces major oil and gas discoveries

Morgan Stanley is also expected to be a global co-ordinator and bookrunner on the Aramco listing. (File photo)
February 19th, 2017 - 06:00 GMT

JP Morgan, Morgan Stanley tipped to underwrite Saudi Aramco IPO

Once a net gas exporter, Egypt has turned into a major importer in recent years as growing domestic demand outstripped production. (File photo)
February 16th, 2017 - 07:30 GMT

Egypt aims for end of government gas imports by 2018

The latest ruling follows a July 2015 court decision asserting Dana’s long-term contractual rights, lasting at least 25 years, to develop and produce gas and petroleum from the Khor Mor and Chemchamal fields. (Oil Guru)
February 16th, 2017 - 05:26 GMT

Dana Gas wins $121M in latest international arbitration case against KRG

During the event
February 15th, 2017 - 09:38 GMT

EQUATE sponsors 2nd Kuwait International Health, Safety & Environment Conference 2017 to support industrial development

Egypt has pledged to eliminate its arrears to foreign oil and gas companies by the end of June 2019 and to not accumulate new arrears. (File photo)
February 15th, 2017 - 09:00 GMT

Egypt pledges to repay international oil debts

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