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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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 Iranian Foreign Minister Zarif said the US would have to resort to policies that would drag the world into a chaotic state if it tried to actually shut down Iran’s oil exports. (Shutterstock)
December 30th, 2018 - 10:21 GMT

Will US Take Desperate Measures to Drag Iran Oil Exports to Zero?

The most important challenges facing the KOC are to achieve the set goals and the need for a large number of drilling platforms in preparation for future projects. (Shutterstock)
December 30th, 2018 - 08:35 GMT

Kuwait Aims for 3.65 Million Bpd of Light Crude Production for 2023

Oman Oil Marketing Company - MEGA Service Station
December 30th, 2018 - 07:01 GMT

Oman Oil Marketing Company to Open the Sultanate’s First 10,000m2 MEGA Service Station in 2019

India is one of the largest consumers of crude oil and since Iran has been one of the key suppliers. (Shutterstock)
December 27th, 2018 - 09:00 GMT

India Hopes US Will Extend Sanctions Exemption on Iranian Oil

Rosatom State Atomic Energy Corporation took part in the 14th session of the Arab Conference for the Peaceful Uses of Atomic Energy that was held in Sharm El-Sheikh (Egypt) from December 16 until 20, 2018.
December 26th, 2018 - 12:55 GMT

Rosatom Took Part in the Arab Conference on the Peaceful Uses of Atomic Energy

The report stated that the UAE has become one of the best countries in developing energy efficiency. (Shutterstock)
December 26th, 2018 - 10:38 GMT

Report: 3 Arab Countries Among Best Countries Worldwide in Developing Renewable Energy

Mohammed Al Fayyad, Director of Customer Care and Aftersales, General Motors Africa and Middle East, and Zaid Alqufaidi, Managing Director, ENOC Retail
December 26th, 2018 - 08:52 GMT

ACDelco Announces Long-Term Partnership With AutoPro

The oil market showed signs of edging up on Monday as Opec hinted that it might extend or even deepen its pledged output curbs. (Shutterstock)
December 25th, 2018 - 10:21 GMT

Will We Witness a Recovery in Oil Prices After Monday's Calamity?

OPEC and non-OPEC members agreed in early December to trim production by 1.2 million barrels a day from Jan. 1, in a bid to shore up sagging prices. (Shutterstock)
December 24th, 2018 - 09:35 GMT

OPEC: Oil Prices to Rebalance in 2019

Saudi Arabia and Russia both saw their crude oil output reach record high levels in October, with 10.7 million barrels per day (mbpd) and 11.4 mbpd, respectively. (Shutterstock)
December 24th, 2018 - 09:20 GMT

Brent Crude Exceeds $55 per Barrel

Suspension of operations at the oilfield has reportedly reduced crude oil production by some 315,000 barrels per day. (Shutterstock)
December 19th, 2018 - 09:08 GMT

Libya's Halted Oil Field Costs the Economy $32.5 Million per Day

During the event
December 19th, 2018 - 09:05 GMT

Oman Oil Marketing Company Awarded ‘ACCA Approved Employer’ Certificate

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