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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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During the event
December 1st, 2016 - 06:14 GMT

DEWA officials and staff mark Commemoration Day to honour Emirati martyrs

The deal promises to revive the tattered finances of countries from Venezuela to Libya and restore flagging confidence in the producer bloc that controls 40 per cent of the world’s oil. (File photo)
December 1st, 2016 - 05:04 GMT

OPEC agrees to first output cut deal in eight years

ADNOC National Service
November 30th, 2016 - 09:37 GMT

ADNOC launches initiative to honour UAE National Service employees

The Anglo-Dutch is the operator of the giant Majnoon field near Basrah in southern Iraq which started production in 2014. (Shell)
November 30th, 2016 - 09:30 GMT

More trouble than it's worth? Shell considers divestment of Iraqi oil assets

Sadara's first phase commenced operations in 2015, and the remaining operating units are scheduled for completion by the end of 2016. (File photo)
November 30th, 2016 - 08:30 GMT

Saudi Aramco partners with Dow Chemicals, Total for Jubail Industrial City chemical complex

During the event
November 30th, 2016 - 06:35 GMT

DEWA reaffirms loyalty to UAE’s wise leadership during celebrations of 45th UAE National Day

Last week, J.P. Morgan Chase & Co. said there was a 60 percent chance of a successful OPEC meeting, which from its perspective would put the price for Brent at the end of 2017 at $60 per barrel. (Shutterstock)
November 29th, 2016 - 05:17 GMT

Oil prices swing wildly as OPEC deal 'too close to call'

During the event
November 28th, 2016 - 10:38 GMT

DEWA signs Power Purchase Agreement with Masdar for third phase of the Mohammed bin Rashid Al Maktoum Solar Park

ENOC Academic City station opening
November 28th, 2016 - 10:27 GMT

ENOC service station expansion launched with opening of modern service station at Dubai Academic City

During the event
November 28th, 2016 - 08:56 GMT

EQUATE sponsors GPCA Annual Forum 2016

Oman Oil Marketing Company's Filling Station
November 28th, 2016 - 08:36 GMT

Celebrating 46th National Day with the sultanate Omanoil Marketing Company opens 5 new filling stations as part of renewed expansion plans

During the event
November 28th, 2016 - 06:21 GMT

Secretary-General of United Nations commends insightful vision of HH Sheikh Mohammed bin Rashid Al Maktoum for supporting sustainable development and launching World Green Economy Organisation (WGEO)

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