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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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The chaotic scene at OPEC’s ordinary meeting on December 4, 2015. (AFP/ File)
May 22nd, 2017 - 02:06 GMT

Stay, Cut or Hike Production: What Will OPEC Choose to Do?

E-Fill operates by establishing a direct link between a customers’ Head Office and the filling station office via non-transferrable tags attached to vehicles and outfitted with RFID technology.
May 22nd, 2017 - 11:00 GMT

Oman Oil Marketing Company introduces E-Fill tags to enhance commercial fuel management at filling stations

Iran's President Hassan Rouhani taking a tour of Russian-backed Bushehr nuclear power complex on September 10, 2016. (AFP)
May 21st, 2017 - 11:30 GMT

Iran Amps Up Electricity Exports to Iraq Despite Outstanding Debts

Jebel Ali K-Station
May 21st, 2017 - 06:35 GMT

Siemens completes extensive service of Jebel Ali K-station’s gas turbines in record time

US President Donald Trump and his wife Melania step off a plane upon arrival at Andrews Air Force Base in Maryland on January 19, 2017. (AFP/ Mandel Ngan)
May 17th, 2017 - 12:32 GMT

Saudi Arabia to Sign At Least 10 Oil Deals With US During Trump's Visit: Aramco

A Chinese traditional dance troupe performs at the inauguration ceremony of the Yanbu Aramco Sinopec Refining Company Project in Riyadh on January 20, 2016. (AFP/ Fayez Nureldine)
May 17th, 2017 - 12:00 GMT

Saudi Arabia, China Ink $10-Billion Oil Refinery Deal

Oman Oil Marketing Company - Lubricant Promotion In Al Ashkara
May 17th, 2017 - 05:53 GMT

Oman Oil Marketing Company draws winners of lubricants promotion in Al Ashkara

Saudi Aramco has appointed a new senior deputy chairman, eight executives and six deputy chairmen ahead of its much- anticipated IPO. (AFP/ File)
May 16th, 2017 - 05:00 GMT

Saudi Aramco Announces Key Appointments Ahead of IPO

Kuwait’s oil minister Essam Marzouk has expressed his country’s support for an oil cut deal extension previously agreed by Saudi Arabia and Russia. (AFP/ Yasser Al-Zayyat)
May 16th, 2017 - 11:30 GMT

Kuwait Backs Saudi, Russian Call to Extend Oil Output Cut Into 2018

With global oil stocks still too high and US supply recovering faster than anticipated, Brent is seen averaging $54 per barrel in 2017 and $56 per barrel in 2018. (File photo)
May 15th, 2017 - 02:00 GMT

Brent Oil Prices to Average $54 per Barrel in 2017, $56 in 2018: Experts

Egypt has reported a decline in the unemployment rate during the first quarter of 2017, to reach 12 percent of the total labor force, compared to 12.7 percent in the first quarter of 2016, with youth (15-29 year-olds) making up 79 percent of the total unemployed ratio. (AFP)
May 15th, 2017 - 01:30 GMT

Egypt's Unemployment Rate Down 0.7 Percent Year-on-Year: Report

Lebanon must start its offshore gas and oil exploration by no later than mid-2018 to benefit from the low cost of oil services, according to an energy expert. (File photo)
May 15th, 2017 - 11:00 GMT

Lebanon Must Hurry to Extract Offshore Oil and Gas, or Someone Else Will: Expert

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