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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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The industry had returned to $50 oil and it was enough to stimulate some significant hiring in the upstream sector. (Shutterstock)
February 10th, 2019 - 07:21 GMT

Recruitment Rate to Recover in Oil, Gas Industry

OPEC has become a battleground for the rivalry between Saudi Arabia and Iran. (Shutterstock)
February 9th, 2019 - 11:28 GMT

Are We Witnessing the End of OPEC?

Saudi Arabia has cut its crude output in January by about 400,000 barrels per day. (Shutterstock)
February 8th, 2019 - 10:38 GMT

Saudi Arabia Cuts Crude Output Below OPEC Target

The oil and gas industry spends billions of dollars on audit services and employs hundreds of employees working full-time on audit-related activities. (Shutterstock)
February 7th, 2019 - 01:16 GMT

Report: 5 New Technologies to Transforming Oil & Gas Audit

That was an increase by 0.8 per cent compared to an output of 354.2 million barrels for the corresponding period of 2017 (Shutterstock)
February 6th, 2019 - 08:27 GMT

Crude Production Exceeds 350 Million Barrels in Oman

A memorandum of understanding had been signed on interconnecting Europe and Africa through Egypt. (Shutterstock)
February 5th, 2019 - 01:09 GMT

GCC to Export Extra Generated Electricity to Europe

Jordan will buy 10,000 barrels of crude Kirkuk oil per day from its neighbour, which covers 7 per cent of the Kingdom’s daily demand. (Shutterstock)
February 5th, 2019 - 10:06 GMT

Jordan to Receive Discounted Oil From Iraq

The typical predictions for the global power sector see gas growing strongly, nuclear slowly and coal flat-lining or shrinking. (Pexels)
February 5th, 2019 - 08:48 GMT

An Analysis on the 'Trinity' of Electricity Generation

Bahrain and Saudi Aramco have agreed to set up a team to conduct a feasibility study on boosting oil output. (Shutterstock)
February 4th, 2019 - 12:16 GMT

Bahrain to Conduct Study with Saudi Aramco on Boosting Oil Output

Crude price rebounds after fall in number of US oil rigs. (Shutterstock)
February 4th, 2019 - 12:11 GMT

Brent Recovers After Fall, Exceeding $62

Fuel prices had declined in January as well. (Shutterstock)
January 31st, 2019 - 09:13 GMT

UAE to Reduce Fuel Retail Prices for February 2019

The new ADNOC Distribution service stations’ locations in Dubai
January 30th, 2019 - 11:57 GMT

ADNOC Distribution Celebrates First Three Stations in Dubai

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