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Oil and Renewables

Oil and Renewables latest

Oil rises as gold drops
June 15th, 2026 - 06:13 GMT
P. Choiaqo

P. Choiaqo

Gold surges 2% and oil tumbles down 4% as US-Iran war comes to a close

ALBAWABA - After the peace deal between the US and Iran was announced, oil, which had been steadily decreasing, started dropping in earnest in anticipation of the deal between the two warring nations being signed in Geneva, Switzerland, on Friday. This eased concerns regarding inflation and interest rate hikes, allowing gold to surge 2 percent since this morning. After a lot of tumult and turbulence, it seems that the fear-driven ...
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electricity cost
May 8th, 2024 - 07:12 GMT

Saudi Arabia’s green energy shift could cut electricity cost by $30bn annually

private sector
May 8th, 2024 - 06:31 GMT

Qatar’s non-energy private sector records growth in April

Saudi Aramco posts 14% revenue drop, still aims to pay $124.3B in dividends
May 7th, 2024 - 03:36 GMT

Saudi Aramco posts 14% revenue drop, still aims to pay $124.3B in dividends

Indonesia
May 7th, 2024 - 06:23 GMT

Indonesia to promote Green School programme for environmental education

Oil prices surge as Israel invades Rafah, Saudi Arabia hikes crude prices
May 6th, 2024 - 12:48 GMT

Oil prices surge as Israel invades Rafah, Saudi Arabia hikes crude prices

gas field
May 6th, 2024 - 07:52 GMT

Sharjah Petroleum Council announces discovery of new reserves at gas field

Saudi Arabia
May 6th, 2024 - 05:54 GMT

Saudi Arabia’s non-oil revenues are up by 9% in Q1 2024

gas production
May 5th, 2024 - 04:12 GMT

Russia's gas production rises to 196 billion cubic metres

climate change
May 5th, 2024 - 02:12 GMT

Korea commits $2 billion in cofinancing for climate change-related projects

bioethanol
May 5th, 2024 - 01:52 GMT

Indonesia plans to use corn, sugarcane, seaweed to make bioethanol

UAE National Committee of Biosecurity Holds Second Meeting for 2024 and Discussed Epidemic Preparedness Map Project and National Biosecurity Framework
May 5th, 2024 - 09:34 GMT

UAE National Committee of Biosecurity Holds Second Meeting for 2024 and Discussed Epidemic Preparedness Map Project and National Biosecurity Framework

green economy
May 2nd, 2024 - 08:10 GMT

EU pledges €7.4bn to back Egypt’s green economy plans

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