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Oil and Renewables

Oil and Renewables latest

Blackout in Cuba
August 3rd, 2026 - 08:48 GMT
P. Choiaqo

P. Choiaqo

Millions in the dark as Cuba power grid fails

ALBAWABA - Total power grid failure in Cuba leaves millions of citizens without electricity, compounding fuel shortage issues, obsolete infrastructure, and U.S. embargos and sanctions. The nationwide blackout is not a rare occurrence in the struggling country as rolling power cuts are becoming more and more common amid aging infrastructure and state fuel shortages as 24 hours earlier the entire western part of the country went dark. State media said ...
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The revised tariffs are seen as a strong incentive to reduce overall consumption. (File photo)
October 13th, 2016 - 09:00 GMT

Power up: Oman to cut energy tariffs for large consumers from 2017

Since last May, Egypt has purchased 400,000 tons of kerosene, 200,000 tons of gasoline and 100,000 tons of diesel from Saudi Aramco. (Shutterstock)
October 13th, 2016 - 06:00 GMT

Confusion continues over Saudi oil shipments to Egypt

HE Saeed Mohammed Al Tayer, Chairman of the Board of Trustees of Suqia
October 13th, 2016 - 05:25 GMT

UAE Water Aid Foundation (Suqia) and Carbon Ambassadors support Nairobi clean drinking water project

Iraqi is already exporting oil at near record levels. (File photo)
October 13th, 2016 - 04:15 GMT

Norway's DNO to boost oil production at Kurdish wells

The target of the Ministry of Petroleum was to reduce its dues to less than $2.5bn by the end of 2015, and to repay its full dues by the end of 2016. (Daily News Egypt)
October 12th, 2016 - 10:00 GMT

Egypt's petroleum ministry debt to foreign companies rises to $3.6B

From the congress
October 12th, 2016 - 04:35 GMT

HE Saeed Mohammed Al Tayer participates in panel discussion during 23rd World Energy Congress in Istanbul

Omanoil - Customer Care Week 2016 Conclusion (2)
October 12th, 2016 - 04:19 GMT

Oman Oil Marketing Company succesfuly concludes ‘Customer Care Week’

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

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