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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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A rebel fighter stands at a roundabout in the center of town in Ajdabiya, Libya on March 15, 2011. (Roberto Schmidt/ AFP)
July 13th, 2017 - 07:00 GMT

What OPEC Can Do About Added Oil Production From Libya, Nigeria

Saudi Aramco is preparing for what could be the world’s largest initial public offering (IPO). (AFP/ File)
July 13th, 2017 - 02:16 GMT

London Tries to Lure Saudi Aramco's IPO With New Listing Rules

Turkish energy minister Berat Albayrak (R) and his Russian counterpart shake hands after signing an agreement in Istanbul on October 10, 2016. (Ozan Kose/ AFP)
July 13th, 2017 - 12:59 GMT

Turkish Energy Minister to Visit Israel to Complete Gas Pipeline Deal

The launch comes amid the worst crisis to hit Qatar in years. (AFP/ File)
July 12th, 2017 - 02:11 GMT

Qatar Petroleum, Total Launch New Venture for Giant Oil Field

Ahmad Bin Shafar, CEO of Empower.
July 12th, 2017 - 09:45 GMT

Empower Imparts Summer Training to University Students

The listing is still under consideration. (Photo courtesy of ADNOC)
July 12th, 2017 - 08:16 GMT

ADNOC Plans IPO of Retail Unit at $14 Billion Value: Sources

An Aramco oil facility in Saudi Arabia. (Hassan Ammar/ AFP)
July 11th, 2017 - 10:30 GMT

Saudi Aramco to Spend $300 Billion as CEO Frets About Oil Supplies: Bloomberg

One third of the funds, i.e. $111 million, has been allocated to areas of energy, water, agriculture, irrigation, and transport in low-income countries in Africa, Asia and Latin America. (Boureima Hama/ AFP)
July 11th, 2017 - 09:42 GMT

OPEC Approves $320 Million Funds for Development Projects

An Iranian flag flutters outside an annual oil and gas conference in Tehran. (Reuters)
July 10th, 2017 - 01:12 GMT

Iran’s Oil Exports Increase by 77 Percent in 2016: OPEC

Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO. (Emirtaes News Agency)
July 10th, 2017 - 10:07 GMT

ADNOC Unveils New, Expanded Partnership Approach as Transformation Increases Pace

EQUATE Group’s President & CEO, Mohammad Husain
July 10th, 2017 - 07:36 GMT

EQUATE Group Takes Kuwait-Based Ethylene Unit Offline

A flame from a Saudi Aramco oil installation known as Pump 3 is seen in the desert near the oil-rich area of Khouris, 160 km east of Riyadh. (AFP)
July 9th, 2017 - 11:18 GMT

Saudi Aramco Says Oil Reserves Steady Despite Record Production

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