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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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Khalid Hadi receiving the Best Contactless Solution Award
June 2nd, 2016 - 04:31 GMT

ADNOC Distribution wins two awards under the Smart Cards and Payments Middle East Awards 2016

A number of smaller producers had become overly dependent on oil as a source of revenue, when prices were high, and did not make efforts to diversify their economies.  (Twitter)
June 1st, 2016 - 10:00 GMT

Smaller oil producers expected to follow the leader at OPEC meet

The Lebanese-Israeli maritime dispute should not derail Lebanon's oil exploration efforts in the Mediterranean.  (Shutterstock)
June 1st, 2016 - 08:00 GMT

Lebanon must push forward with oil and gas exploration

During the launching
June 1st, 2016 - 04:30 GMT

HH Sheikh Ahmed bin Saeed Al Maktoum launches Demand Side Management programme

The Oman Power and Water Procurement Co (OPWP) recently signed agreements to establish two major independent power plants in Ibri and Sohar. (File photo)
May 31st, 2016 - 07:00 GMT

Oman needs $8B investment to keep pace with power demand: Apicorp

Last week, oil prices rose above $50 a barrel for the first time this year following supply disruptions in Canada and Nigeria and a decline in crude inventories in the United States. (Shutterstock)
May 31st, 2016 - 05:00 GMT

Oil may hit $60 by summer: UAE economy minister

During the event
May 30th, 2016 - 11:37 GMT

DEWA organises Information Security Workshop for Cyber Risk awareness

The ministry seeks to produce 20 percent of new and renewable energy of the total national electricity grid by 2020. (File photo)
May 30th, 2016 - 10:59 GMT

Egypt partners with GDF Suez, Toyota and Orascom for wind power plant

Construction of pipeline infrastructure, the development of the gas fields and the pipeline to the Southern Turkish would cost about $4 billion alone. (File photo)
May 30th, 2016 - 10:00 GMT

Israel mulls European gas exports via Turkey

Over the past two years, Jordan has been importing liquefied natural gas (LNG) from Qatar, and from Royal Shell, Vitol, and others. (Shutterstock)

(Shutterstock)
May 30th, 2016 - 04:12 GMT

Israel-Jordan gas export agreement 'soon': Noble Energy

Jordan used to receive around 10,000 barrels per day of crude oil from Iraq before Daesh militants controlled several parts in western Iraq, causing a complete halt to shipments. (Shutterstock)
May 26th, 2016 - 09:39 GMT

Iraqi-Jordanian oil pipeline construction to begin this year

During the event
May 26th, 2016 - 04:55 GMT

DEWA organises appreciation ceremony for strategic partners

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