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Oil and Renewables

Oil and Renewables latest

Economic blow to European economies as Hormuz disruption threatens energy supplies
March 19th, 2026 - 10:42 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Economic blow to European economies as Hormuz disruption threatens energy supplies

ALBAWABA- A new study has warned that a near-total disruption of shipping through the Strait of Hormuz could deal a severe economic blow to European economies, as escalating Iran–Israel tensions threaten global energy flows. The research, conducted by the Supply Chain Information Institute alongside the Centre for Complexity Science and Delft University of Technology, finds that the impact would be concentrated in a small number of EU countries and would ...
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Moody's expect the economy in Iraq to contract and continue its slow down at least through 2022. (File photo)
August 6th, 2017 - 11:20 GMT

Internal Politics, Corruption Weigh on Iraq's Economic Growth: Report

The Duqm refinery occupies more than 2,000 acres and, when completed, will have a refining capacity of approximately 230,000 barrels of oil per day. (File photo)
August 6th, 2017 - 09:15 GMT

Petrofac, Samsung Engineering JV Wins $2 Billion Duqm Refinery Deal in Oman

Dr Abeer Al-Omar, Senior Executive of Corporate Communications and Government Affairs
August 6th, 2017 - 05:36 GMT

EQUATE Promotes Sustainability by Introducing Recycling Initiative With Omniya

Saeed Matar Al Marri, Deputy CEO of Dubai SME and Director of MBRF and Nayef Shahin, Founder and Managing Partner at Metis Management Consultancy
August 2nd, 2017 - 09:10 GMT

Mohammed Bin Rashid Fund and Metis Management Consultancy up for Post-Fund Monitoring of SMEs

The new service station is the first of its kind on the capital’s major highway and aims at serving the growing number of motorists using the road daily.
August 2nd, 2017 - 09:10 GMT

Oman Oil Marketing Company in Partnership With Bayan Investment House Opens First Service Station on Muscat Expressway

Saif Humaid Al Falasi, Group CEO of ENOC
August 2nd, 2017 - 07:47 GMT

ENOC Secures US$500 Million Credit Facility From International and Regional Banks to Fund Growth Plan

Al Mazrouei thanked ADNOC and H.E. Dr. Al Jaber for hosting the company's second youth circle and praised ADNOC’s leadership.
August 2nd, 2017 - 04:45 GMT

ADNOC Hosts Ruwais Youth Circle Focused on How to Thrive and Develop Leadership Skills While Working at Remote Oil and Gas Sites

A flexible tax system would increase royalty payments for Saudi Aramco when oil prices rise. (AFP/ File)
August 1st, 2017 - 12:18 GMT

Saudi Arabia Mulls Oil-Price Linked Tax Plan for Aramco Ahead of IPO

Oman Oil Marketing Company will have participants ‘embrace the challenge’ with a series of competitions that will put their skills to the test.
August 1st, 2017 - 10:17 GMT

Oman Oil Marketing Company Brings Excitement to Salalah With Khareef Challenge Competition

Drivers queue up to fill their tanks with fuel at a petrol station in Kuwait City on the eve of increased petrol prices on August 31, 2016. (Yasser Al Zayyat/ AFP)
July 31st, 2017 - 11:16 GMT

Economic Slowdown, Subsidy Reforms Hit Fuel Demand in Oman

Ahmad Bin Shafar, CEO of Empower.
July 30th, 2017 - 11:37 GMT

Empower Re-Certified ISO27001:2013 for Information Security by British Standards International

Oil prices finished higher after data from the U.S. Energy Information Administration showed a large drop in domestic crude and gasoline supplies. (File photo)
July 27th, 2017 - 12:52 GMT

Oil Prices Jump to 8-Week High on Lower US Crude Reserves

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