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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
November 22nd, 2016 - 06:44 GMT

Oman Oil Marketing Company shares the spirit of the Sultanate with new National Day video

Ministers and officials have said OPEC was moving closer towards dealing with sticking points and most members were prepared to offer Iran flexibility on production volumes. (File photo)
November 22nd, 2016 - 06:43 GMT

Dollar edges lower on OPEC meeting progress

OPEC agreed in Algeria on September to cut oil production to 32.5 million barrels a day (mb/d) from current level of 33.24 mb/d to boost the market. (File photo)
November 20th, 2016 - 07:00 GMT

Qatar announces talks with Iran, Iraq ahead of oil meet

In September, Novak met with Saudi Oil Minister Khalid al-Falih on the sidelines of the G20 summit in China to discuss ways to reverse a slide in crude oil prices. (AFP/File)
November 17th, 2016 - 12:00 GMT

Russian optimism on oil production talks raises hopes for Doha

Since the nationalization of Aramco in the 1980s, Saudi Arabia has consistently said the country’s proven oil reserves stand at 260 billion barrels. (File photo)
November 17th, 2016 - 08:30 GMT

Saudi oil minister vows transparency in run up to Aramco IPO

During the event
November 17th, 2016 - 05:37 GMT

Dubai Supreme Council of Energy and DEWA conclude successful participation in COP22

In the Middle East, Dubai has been the most innovative on solar power. (Shutterstock)
November 16th, 2016 - 09:00 GMT

Saudi Arabia and Russia could lead push to diversify energy resources: WAM

H.E. Saif Humaid Al Falasi, Group CEO, ENOC
November 16th, 2016 - 06:34 GMT

‘Human Factors’ a key focus at the 9th ENOC & SIRE workshop

Officials of the collaboration partners at the launch event
November 16th, 2016 - 06:06 GMT

Masdar Institute and Khalifa University launch cutting-edge R&D program for next generation of telecommunications standards

Egypt's debts to international oil and gas companies rose to $3.58 billion by the end of September, rising from $3.2 billion six months ago. (AFP/File)
November 15th, 2016 - 07:00 GMT

Oil giant BP plans $13B investment in Egypt by 2020

Noor Power Station 1
November 15th, 2016 - 06:19 GMT

Al Tayer visits Noor Power Station 1 in Ouarzazate, Morocco

Even if US imports from Opec turn to zero, Opec's policy would still affect oil prices internationally and the US can never be isolated from the international market. (AFP/File)
November 13th, 2016 - 02:41 GMT

Trump policies expected to cause upheaval in oil markets

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