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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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Wind turbines on the hill of the Alborz mountain range of northwestern Iran (Shutterstock)
October 7th, 2018 - 05:19 GMT

As US Sanctions Approach, Iran Promotes Investments in Renewable Energy

“The Aramco postponement is a benefit for the country, and the acquisition of SABIC makes more sense,” Haddad told the Citi Middle East Media Summit. (AFP)
October 4th, 2018 - 06:53 GMT

Why Is Delaying Saudi Aramco's IPO Good for the Country?

Saudi Arabia is mostly exporting its oil through its western ports on the Red Sea. (Shutterstock)
October 4th, 2018 - 05:59 GMT

Saudi Joins the $64 Billion CPEC With Oil Refinery in Pakistan

OPEC and Russia capped oil output in January 2017 to drive up prices. (Shutterstock)
October 4th, 2018 - 05:14 GMT

Saudi Arabia, Russia Will Not Lower Oil Prices, Despite Trump's Plea

In order to implement these energy programs and projects, the Kingdom attaches great importance to the issue of encouraging investment in the energy sector in general and in the renewable energy sector in particular. (Shutterstock)
October 3rd, 2018 - 06:59 GMT

Morocco Vows to Invest Over $ 40 Billion in Energy Sector by 2030

According to IPIC's announcement, the request to bondholders covers holders of $1.5 billion IPIC bonds due in 2020, EUR 1.25 billion bonds due in 2021 as well as $1.5 billion due in 2022 and EUR 850 million due in 2023. (Shutterstock)
October 3rd, 2018 - 04:25 GMT

Mubadala, IPIC to Start $6 Billion Debt Reorganisation

The Kingdom plans to build two large nuclear power reactors as part of a program to deliver up to 16 nuclear power plants over the next 20 to 25 years at a cost of more than US$80 billion. (Shutterstock)
October 3rd, 2018 - 03:40 GMT

Opinion: Saudi Should Go Nuclear

During the event
October 2nd, 2018 - 11:20 GMT

Equate Re-Affirms Commitment to Women’s Rights Through UN Empowerment Principles

His Excellency Saif Humaid Al Falasi, Group CEO, ENOC
October 2nd, 2018 - 09:57 GMT

ENOC Group Signs Agreement With Enemed to Strengthen Presence in Malta

A gain of more than 1 percent in Industries Qatar and Qatar National Bank lifted Qatari stocks by 0.8 percent in early trade. Stocks in oil producing countries are showing strong momentum with oil prices at a four-year high, as US sanctions on Tehran squeezed Iranian crude exports. (Shutterstock)
October 1st, 2018 - 05:00 GMT

Strong Oil Prices Boost GCC Stocks, Led by Qatar and Saudi

PhD. Eric Woodroof, a founder of the PCF course, with TAQATI/BUiD team and the course attendees.
September 30th, 2018 - 08:39 GMT

Dubai Energy Efficiency Training Program Holds Performance Contracting & Funding Certification Course for the First Time in the UAE

“We remain, despite the blockade, the world’s top exporter of LNG. Our reserves and funds are estimated to stand at 250 percent of the GDP, whether it is in cash reserves of in sovereign wealth fund investments. These are sufficient to sustain the country for another couple of decades.” (Shutterstock)
September 30th, 2018 - 07:01 GMT

Qatar’s Banking, Energy Sectors Stable and Profitable Despite Siege

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