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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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Compared to the UAE, prices in the Nordic states such as Norway and Sweden are higher by nearly 250 per cent and 220 per cent, respectively. (File/Photo)
June 25th, 2018 - 12:24 GMT

UAE Fuel Prices Among Lowest in the World

OPEC, Russia agree to raise output from July. (AFP)
June 24th, 2018 - 12:39 GMT

Saudi Arabia Pledges ‘Measurable’ Oil Supply Boost

There are different views on how much to increase production and whether such a move should be gradual. (Shutterstock)
June 21st, 2018 - 06:50 GMT

Saudi Arabia Struggles for Gulf Oil Producers' Support Ahead of OPEC Meeting

This year’s outlook is the first to highlight the huge impact that falling battery costs will have on the electricity mix over the coming decades. (Shutterstock)
June 21st, 2018 - 06:18 GMT

Batteries Boom Enables World to Get Half of Electricity From Wind and Solar by 2050

The 1,350 square-meter complex will provide customers with tire change, carwash, oil change, battery and brake replacement, and air condition repair services.
June 20th, 2018 - 10:16 GMT

ADNOC Distribution Expands Vehicle Inspection Facilities Across the UAE

The first Innovation Award was won by Empower for the “360° Solution for Metering Artificial Intelligence (AIMS 360°)”.
June 19th, 2018 - 11:57 GMT

Empower Receives Four Awards at Idea Annual Conference & Tradeshow 2018, at Vancouver, Canada

Erdogan replies to questions of Turkish youths in social media broadcast. (AFP)
June 19th, 2018 - 08:24 GMT

Turkey to Build Third Nuclear Power Plant: Erdogan

Output from Shah Deniz II is expected to reach an annual 16 billion cubic metres (bcm) of natural gas by 2020, with 10 bcm earmarked for Europe and 6 bcm for Turkey. (AFP)
June 18th, 2018 - 07:54 GMT

Turkey Opens Natural Gas Pipeline From Azerbaijan

Egyptians are expected to pay up to 20.9% rise in a household, and factories are expected to pay up to 41.8% rise. (Shutterstock)
June 14th, 2018 - 07:02 GMT

Egypt’s Electricity Prices to Hike by 26 Percent This July

Iranian officials have said nuclear activities could be resumed. (Shutterstock)
June 14th, 2018 - 06:55 GMT

Iran Says It Cannot Remain in Nuclear Deal Without Benefits

The Kingdom’s production was up 100,000 barrels per day (bpd) to 10.02 million barrels. (Shutterstock)
June 14th, 2018 - 06:30 GMT

Saudi Arabia Raises Oil Output Amid Fears of Supply Crunch

Eighteen of 31 analysts and traders in a global poll predicted that the 24 countries in the joint accord will agree to raise output when they meet in Vienna. (Pexels)
June 13th, 2018 - 10:03 GMT

OPEC Likely to Agree Production Increase Next Week: Survey

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