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Oil and Renewables

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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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Saudi energy minister Khalid Al Falih. (Fayez Nureldine/ AFP)
June 19th, 2017 - 07:00 GMT

Saudi Arabia's Oil Minister Mulls Energy Price Reforms

The report did not say who the navy suspected to be behind the attack. (File photo)
June 19th, 2017 - 12:20 GMT

Saudi Arabia Foils Terror Attack on Key Offshore Oilfield

Qatar Petroleum's CEO Saad Sherida Al Kaabi. (File photo)
June 19th, 2017 - 12:07 GMT

Qatar Will Not Cut Gas Supply to UAE: QP CEO

Qatar has the third-largest proven gas reserves in the world. (File photo)
June 19th, 2017 - 10:31 GMT

S&P Downgrades Qatar Petroleum’s Rating to AA-, From AA

The collaboration between Chevron and ENOC extends across various aspects of downstream operations ranging from lubricants marketing to aviation refuelling.
June 19th, 2017 - 07:35 GMT

ENOC Group and Chevron Explore Long Term Strategic Collaboration

Total last November signed a deal worth $4.8 billion with China’s CNPC and Iran’s Petropars. (Denis Charlet/ AFP)
June 18th, 2017 - 03:39 GMT

Iran Sees 'Strategic Gains' in Deal With France's Total

Representing the Ambassador of the State of Kuwait to the People’s Republic of China His Excellency Mr. Sameeh Johar Hayat, the event was attended by the Deputy Chief of Mission Mr. Adel Al-Salhat.
June 18th, 2017 - 10:39 GMT

EQUATE Continues Global Sustainability Initiatives by Planting 300 Trees in China to Preserve the Environment

This year, the organization plans to distribute 500,000 care packages to motorists.
June 18th, 2017 - 09:09 GMT

ENOC Distributes Iftar Packages as Part of Ramadan Aman

ADNOC Distribution Mobile App
June 18th, 2017 - 08:06 GMT

ADNOC Distribution Incorporates More Customer-Focused Features in Its Enhanced Mobile App

ADNOC Distribution has operated its vehicle inspection service in coordination with ADP since 2000.
June 18th, 2017 - 07:07 GMT

ADNOC Distribution Enhances Services at Vehicle Inspection Centres in Abu Dhabi

The agreement covers 150 GE Wind Turbines in nine wind farms across the country
June 15th, 2017 - 10:07 GMT

GE Signs 10-Year Wind Farm Service Deal With Turkey

The number of ship owners and operators who prefer to use LNG has increased
June 15th, 2017 - 10:01 GMT

QP, Shell Ink Deal to Use LNG as Marine Fuel

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