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Oil and Renewables

Oil and Renewables latest

Blackout in Cuba
August 3rd, 2026 - 08:48 GMT
P. Choiaqo

P. Choiaqo

Millions in the dark as Cuba power grid fails

ALBAWABA - Total power grid failure in Cuba leaves millions of citizens without electricity, compounding fuel shortage issues, obsolete infrastructure, and U.S. embargos and sanctions. The nationwide blackout is not a rare occurrence in the struggling country as rolling power cuts are becoming more and more common amid aging infrastructure and state fuel shortages as 24 hours earlier the entire western part of the country went dark. State media said ...
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Prices have increased after declining for four consecutive months. (Shutterstock)
March 1st, 2019 - 07:32 GMT

Higher Petrol Prices This Month in UAE

This will strengthen the UAE's position as a reliable supplier of crude oil. (Shutterstock)
February 28th, 2019 - 10:40 GMT

UAE to Build World's Largest Crude Oil Storage Facility in Fujairah

Investments in Mediterranean Gas Fields Exceed $27 Billion. (Shutterstock)
February 27th, 2019 - 12:41 GMT

Egypt: Investments in Mediterranean Gas Fields Exceed $27 Billion

Al Bawaba
February 27th, 2019 - 09:34 GMT

Crude Prices Down Post Trump's Criticism of OPEC

The oil industry is on the decline, and petrol-burning motor cars will soon be replaced by electric vehicles. (Shutterstock)
February 26th, 2019 - 11:48 GMT

Saudi Aramco: Oil Industry Faces 'Crisis of Perception'

Brent closed at $67.25 per barrel while WTI traded at $57.11 per barrel at the same time. (Shutterstock)
February 26th, 2019 - 08:45 GMT

Brent Crude Falls to $67 Per Barrel

Both parties have agreed that Iraqi goods imported through the Aqaba Port will be offered discounted port rates up to 75 percent. (Shutterstock)
February 25th, 2019 - 10:25 GMT

10,000 Oil Barrels to Enter Jordan Daily From Iraq

Banks in Turkey to restructure $7-$8 billion credit of energy companies, Garanti Bank's top official says. (Shutterstock)
February 25th, 2019 - 08:50 GMT

Turkey to Witness New Big Energy Investments by 2020

During the event
February 25th, 2019 - 08:18 GMT

Octal to Invest $50 Million in Oman Operations to Solidify Global Leader Status in Packaging Solutions

Saif Humaid Al Falasi, ENOC-His Excellency
February 24th, 2019 - 11:30 GMT

Autopro Collaborates With Gulf Rubber Factory to Roll out 'Enviromat'

Research: Volumes From New Oil & Gas Projects to Triple in 2019. (Shutterstock)
February 24th, 2019 - 08:57 GMT

Research: Volumes From New Oil & Gas Projects to Triple in 2019

India is a top investment priority for Saudi Arabia. (Shutterstock)
February 21st, 2019 - 10:04 GMT

World's Biggest Oil Company Eyes Investments in India’s Reliance Industries

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