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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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Adel Al-Munifi, Kuwait Styrene Company's CEO
February 20th, 2018 - 07:06 GMT

Kuwait Styrene Company Announces $94 Million Net Profit for 2017

Oil prices continued to rise on Thursday, after a lower than expected rise in U.S. inventories and Saudi renewed commitment to curtail production. (File photo)
February 15th, 2018 - 10:48 GMT

Oil Prices Rise on Thursday on US Inventory Figures, Saudi Comments

Saudi Minister of Energy Khalid Al-Falih. (AFP/ File)
February 15th, 2018 - 10:28 GMT

Saudi Arabia to Double Gas Production in 10 Years: Khalid Al-Falih

Reem Al Hashimy, Director General, Dubai Expo 2020 Bureau; Saeed Mohammed Al Tayer, MD & CEO of DEWA; and Joe Kaeser, President and CEO of Siemens, during the signing.
February 13th, 2018 - 09:35 GMT

Dewa Signs MoU With Expo 2020 and Siemens to Launch Solar-Driven Hydrogen Electrolysis Facility

The program focused on developing the trainees’ English language skills, teamwork principles, educating them about the company’s corporate culture and technical fundamentals.
February 13th, 2018 - 07:09 GMT

EQUATE Recruits and Develops 34 New Kuwaiti Operations Technologists

Good news: Jordan improved four ranks in the environmental sustainability dimension for 2017. (Shutterstock)
February 12th, 2018 - 12:27 GMT

Jordan Drops 12 Positions on World Energy Council Index

Abdulmunim Al Kindy, Director of Upstream at ADNOC
February 12th, 2018 - 09:49 GMT

Adnoc Builds Towards First Oil Production From One of Its Youngest Companies

Saif Humaid Al Falasi, CEO of Enoc Group
February 12th, 2018 - 07:54 GMT

Enoc Group Explores Investments in Egypt

Saudi Arabia's King Salman has given the water sector a boost with $46.6 million to spend each year on mobile desalination plants. (File photo)
February 11th, 2018 - 12:11 GMT

Saudi King Orders $46.6 Million to Be Spent Annually on Desalinated Water

Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi with Narendra Modi, Prime Minister of India. (AFP)
February 11th, 2018 - 07:41 GMT

Mohamed Bin Zayed and India’s Narendra Modi Sign Historic Adnoc Concession Agreement

The revenues from oil and gas exploration will dramatically change the face of Lebanon, according to estimates. (Shutterstock)
February 8th, 2018 - 12:40 GMT

Lebanon: Offshore Gas Project to Generate $200 Billion in Revenues

Analysts expect a correction in oil to the $59 level of support. See this chart. (Shutterstock)
February 8th, 2018 - 11:38 GMT

Oil Prices to Correct to $59, Say Analysts [CHART]

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