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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 project's coalition includes Kawar energy companies, a subsidiary of Japan's Mitsubishi company and Nebras Power company, a subsidiary of Qatar Electricity and Water Company. (File photo)
October 12th, 2016 - 04:00 GMT

Jordan inaugurates MENA's largest private-sector solar energy project

Last month, Gazprom said construction could start by the end of 2017 if an intergovernmental agreement was signed in October, with the goal of completing the pipeline by 2019. (Gazprom)
October 11th, 2016 - 10:24 GMT

Turkey, Russia natural gas deal back in the pipeline

In April, Saudi Aramco signed a $23B contract with the EGPC to supply Egypt with 700,000 tonnes of oil products monthly over a five-year period. (File photo)
October 11th, 2016 - 07:00 GMT

Saudi Aramco insists halted oil shipments to Egypt are temporary

Russian President Vladimir Putin gives a speech during the 23rd World Energy Congress on October 10, 2016 in Istanbul. (AFP/Ozan Kose)
October 11th, 2016 - 06:00 GMT

Russia agrees to joining oil output curb

Egypt announced additional tenders for 665,000 tonnes of gasoil and 132,000 tonnes of gasoline for November arrival, levels that could suggest a protracted delay of Aramco products. (Shutterstock)
October 9th, 2016 - 08:30 GMT

Halted Saudi oil deliveries leave Egypt scrambling for tenders

Under the theme “Embracing New Frontiers,” the congress program will lead delegates through the current and critical issues facing the energy industry. (Shutterstock)
October 6th, 2016 - 12:00 GMT

The 23rd World Energy Congress 2016 in Istanbul hopes to 'Embrace New Frontiers'

Through its various subsidiaries, EGPC engages in all aspects of the petroleum industry. (Shutterstock)
October 6th, 2016 - 11:00 GMT

Apicorp arranges $100M Murabaha financing for Egyptian General Petroleum Corporation

The UAE mainly imports gas to generate electricity from Qatar through the Dolphin energy pipeline. (Shutterstock)
October 6th, 2016 - 09:00 GMT

Dolphin Energy, Qatar Petroleum ink LNG deal with RAK, Sharjah

The speaker said the government’s monthly assessment of petrol prices represents a “partial liberalization” of petrol prices, adding that the amount of free petrol given to citizens will vary monthly. (File photo)
October 6th, 2016 - 05:00 GMT

Kuwait plays with petrol prices, but expats will take a hit

During the event
October 4th, 2016 - 10:51 GMT

Oman Oil Marketing Company CEO inaugurates ‘Customer Care Week

The rise in exports was mostly attributed to a rise in shipments of condensate – a type of ultra light oil often produced with natural gas.  (File photo)
October 4th, 2016 - 08:00 GMT

Iran oil exports hit benchmark pre-sanctions output levels

Ayla Golf Course was designed by professional golfer Greg Norman. (Ayla)
October 3rd, 2016 - 10:30 GMT

Jordan's new golf course in Aqaba brings solar power to the fore

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