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Oil and Renewables

Oil and Renewables latest

Oil rises as gold drops
June 15th, 2026 - 06:13 GMT
P. Choiaqo

P. Choiaqo

Gold surges 2% and oil tumbles down 4% as US-Iran war comes to a close

ALBAWABA - After the peace deal between the US and Iran was announced, oil, which had been steadily decreasing, started dropping in earnest in anticipation of the deal between the two warring nations being signed in Geneva, Switzerland, on Friday. This eased concerns regarding inflation and interest rate hikes, allowing gold to surge 2 percent since this morning. After a lot of tumult and turbulence, it seems that the fear-driven ...
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Brent oil drops under $70 as OPEC+ extends cuts through November
September 10th, 2024 - 03:37 GMT

Brent oil drops under $70 as OPEC+ extends cuts through November

UAE finalizes Arab world’s first nuclear power plant, Barakah
September 5th, 2024 - 09:01 GMT

UAE finalizes Arab world’s first nuclear power plant, Barakah plant

Two sanctioned Russian tycoons own shares in UK oil company Harbour Energy
September 4th, 2024 - 07:21 GMT
Reema Tuqan

Sanctioned Russian tycoons buy shares in UK oil company Harbour Energy

Gautam Adani, the Indian billionaire, develops $476M powerline project
September 4th, 2024 - 06:29 GMT
Reema Tuqan

Indian billionaire Gautam Adani develops $476M powerline project

Dubai generates over 100,000 liters of fresh water daily from air
September 3rd, 2024 - 06:28 GMT
Reema Tuqan

Dubai generates over 100,000 liters of fresh water daily from air

QatarEnergy announces new solar power plant to double production by 2030
September 2nd, 2024 - 07:13 GMT
Reema Tuqan

QatarEnergy announces new solar power plant to double production by 2030

Petrol prices decline in UAE while gold peaks
August 31st, 2024 - 09:11 GMT
Reema Tuqan

Petrol prices decline in UAE while gold peaks

Canada hits Chinese EVs with 100% tariffs
August 26th, 2024 - 09:31 GMT

Canada hits Chinese EVs with 100% tariffs

Libya oil fields
August 26th, 2024 - 12:34 GMT

Libya's eastern government closes all oil fields, halts exports

Qatar to supply Kuwait with liquefied natural gas (LNG) under new agreement
August 26th, 2024 - 08:04 GMT
Reema Tuqan

Qatar to supply Kuwait with liquefied natural gas for 15 years

oil trade
August 22nd, 2024 - 06:50 GMT

How growing Saudi-China relations may lead to trade in Chinese currency

Solar power
August 21st, 2024 - 01:42 GMT

Solar power managed to overtake hard coal as energy source in EU in 2022

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