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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 project is based on US shale oil technology for natural gas extraction. (Shutterstock)
January 22nd, 2019 - 07:31 GMT

Sudan Mulls Expanding Oil Investments Projects With US

During the event
January 20th, 2019 - 09:37 GMT

Oman Oil Marketing Company’s ‘Café Amazon’ Is Ready to Greet Customers at Ghala Service Station

The price market structure for the Brent crude price has flipped to a slight backwardation after hovering in a slight contango for the past two weeks. (Shutterstock)
January 20th, 2019 - 07:50 GMT

Oil Prices Recover, Reaching Over $60 per Barrel

The electricity generated from the renewable sources will reach 1000 megawatts by March 2019. (Shutterstock)
January 19th, 2019 - 11:00 GMT

Iran to Construct 3000 New Small-Scale Solar Plants in Rural Areas

EIA expects crude oil prices to continue to rise in late 2019 and early 2020 because of an increase in refinery demand for light-sweet crude oil (Shutterstock)
January 17th, 2019 - 10:46 GMT

Brent Oil Estimated at $61 per Barrel in 2019

Gulf shifts focus to diversify energy sources to boost economy (Shutterstock)
January 16th, 2019 - 10:52 GMT

220,500 Jobs in GCC If Region Meets Its Sustainable Energy Targets by 2030

The Kingdom Tower stands in the night in Riyadh, Saudi Arabia (Shutterstock)
January 15th, 2019 - 08:36 GMT

Increasing Renewable Energy Production is on Saudi's Top List

During the event
January 15th, 2019 - 07:18 GMT

Oman Oil Marketing Company Partners With Lawyers Association to Help Release Imprisoned Debtors as Part of AT’a Campaign

Saudi Arabia to Construct $10 Billion Oil Refinery in Pakistan (Shutterstock)
January 14th, 2019 - 10:18 GMT

Saudi Arabia to Construct $10 Billion Oil Refinery in Pakistan

Brent has bounced back above $60 a barrel and we retain our $70 a barrel forecast for 2019 (Shutterstock)
January 14th, 2019 - 08:16 GMT

Oil Price Average Projected at $70 This Year

The change in speculative flows marks a reversal from last month’s gloomy activities. (Shutterstock)
January 13th, 2019 - 09:43 GMT

Fluctuation of Oil Prices Affecting the Market's Sentiments

During the event
January 13th, 2019 - 08:42 GMT

Oman Oil Marketing Company Participates in the 2nd 'Gas Stations Build Middle East' Summit

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