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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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Production of super grade petrol (M95) has significantly declined due to waning demand. (File photo)
May 10th, 2016 - 08:00 GMT

Oman pumps up the volume: 127 percent spike in output of normal grade petrol

During the event
May 10th, 2016 - 04:57 GMT

DEWA launches year-long Reading is Positive Energy exhibition at Zabeel Park

The Hatrurim oil reservoir covers 94 square kilometers of the Dead Sea area. (Vimeo)
May 9th, 2016 - 12:00 GMT

Dead Sea oil find in Hatrurim field 'entirely within Israel' says energy firm

The World Bank aims to end routine gas flaring at oil production sites around the world by 2030. (Shutterstock)
May 9th, 2016 - 10:00 GMT

Iran wastes $3.5B a year in natural gas flaring

Khalid Al-Falih had a 25 year career with Saudi Aramco, including six years as its CEO.  (AFP/Fayez Nureldine)
May 9th, 2016 - 07:00 GMT

Same old: New Saudi oil minister to maintain current policies

Kaber service station
May 8th, 2016 - 10:48 GMT

ADNOC Distribution opens Kaber Service Station in Umm Al Quwain

In 2013, Qatar’s production from the field was two times higher than Iran’s. (Twitter)
May 8th, 2016 - 07:00 GMT

Iran to exceed Qatari natural gas production by 2017 from shared field

Iran had previously rejected calls to cut production until its output reached four million barrels per day. (File photo)
May 8th, 2016 - 05:00 GMT

Is Iran finally ready to join oil production freeze plan?

Ali al-Naimi, who has been in charge of the kingdom’s oil policy since 1995. (File photo)
May 8th, 2016 - 04:02 GMT

Saudi Arabia dismisses longtime oil minister in major cabinet shake-up

Companies such as Siemens, Lukoil, and Gazprom are attending the show in Tehran. (Shutterstock)
May 5th, 2016 - 11:56 GMT

Global giants flock to Iran Oil Show 2016

The minister's visit “is part of Saudi policies to find alternatives to oil". (Shutterstock)
May 5th, 2016 - 08:00 GMT

Saudi Arabia to cooperate with Sudan on Red Sea mineral exploration

The Tawke field accounts for 50 percent of the production and 60 percent of the total oil exports from the Kurdish north. (File photo)
May 5th, 2016 - 04:03 GMT

Kurdish oil payments help boost Norway's DNO investments in Northern Iraq field

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