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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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During the event
February 17th, 2016 - 10:43 GMT

EQUATE & Gulf Cryo Official inaugurate Kuwait’s 1st CO2 plant under the patronage of the Minister of Commerce & Industry titled “Partners Towards A Clean Environment”

The agreement would have allowed stakes in Israel's biggest gas fields, Tamar and Leviathan. (Twitter)
February 17th, 2016 - 07:44 GMT

Has the natural gas deal between Jordan and Israel gone up in smoke?

An oil refinery draws out the skyline. (Twitter)
February 17th, 2016 - 05:36 GMT

Scraping the barrel? Kuwait Petrol seeks loan for $10 billion

Jordan is classified as an energy-intensive country as its energy consumption is high even when compared to industrial countries. (File photo)
February 16th, 2016 - 10:00 GMT

Renewable energy projects welcomed in Jordan

The drop from $120 per barrel in 2014 to under $35 today is the result of a 2% change in the supply-demand balance. (File photo)
February 16th, 2016 - 08:30 GMT

Oil prices on the brink, could drop below sustainable levels

The Khazzan reservoirs have the potential to be a major new supply of gas for Oman. (Shutterstock)
February 15th, 2016 - 07:00 GMT

BP to develop next phase of Oman's Khazzan gas field

Employees work at the Siba oil field from Egypt's state-owned Petrojet in southern Iraq, 30 kilometers south of Basra, on February 5, 2016. (AFP/Haidar Mohammed Ali)
February 14th, 2016 - 09:00 GMT

How to save the oil industry from itself

EQUATE President & CEO Mohammad Husain
February 14th, 2016 - 05:25 GMT

EQUATE realizes USD 739 million net profit in 2015

During the event
February 11th, 2016 - 06:36 GMT

DEWA is strategic sponsor of AccessAbilities Expo 2016

Nader Al Fardan General Manager of EMGAS
February 10th, 2016 - 07:06 GMT

ENOC appoints Nader Al Fardan as General Manager of EMGAS

Iran's plan to boost oil production cloud prospects for a major rebound in crude oil prices. (File photo)
February 9th, 2016 - 10:00 GMT

Oil dips again as Saudi-Venezuelan talks make no mention of production cuts

QP have bought the 30% interest in Chevron's deep-water leases for exploration in Cap Rhir Deep, Cap Cantin Deep and Cap Walidia Deep. (Caspian Explorer)
February 9th, 2016 - 07:00 GMT

Qatar Petroleum buys stake in Chevron Morocco for offshore exploration

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