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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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70,000 barrels of crude oil have been sent down the pipeline to the Mediterranean Turkish port of Ceyhan. (File photo)
August 22nd, 2016 - 06:00 GMT

Oil flow from northern Iraq-Turkey pipeline resumes

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
August 21st, 2016 - 09:56 GMT

DEWA awards consultancy contract for 4th phase Aweer Power Station ‘H’

Thirty per cent of the $10 billion project will be financed equally by Jordan and Russia. (File photo)
August 21st, 2016 - 09:00 GMT

A nuclear Jordan by 2025? Kingdom seeking funding for first nuclear power plant

Subsidising electricity generated from oil and gas has made potential growth in the renewable energy sector falter. (Shutterstock)
August 18th, 2016 - 09:00 GMT

Egypt electricity price hikes: A bitter pill to swallow

Mauritania solar network
August 17th, 2016 - 07:29 GMT

Masdar passes 50% milestone on Mauritania solar network

The estimated cost of drilling one well in Zohr concession in the Mediterranean Sea’s deep water is roughly $100m. (File photo)
August 17th, 2016 - 04:00 GMT

Egypt: Eni investment in Zohr gas plant reaches $3.5B

From the visit
August 17th, 2016 - 03:40 GMT

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA visits Mohammed bin Rashid Al Maktoum Solar Park to follow up with project implementation

An attempt to jointly freeze production levels earlier this year failed after Saudi Arabia backed out over Iran's refusal to take part of the initiative. (Shutterstock)
August 16th, 2016 - 01:17 GMT

Oil prices hit five-week high but skepticism remains over OPEC meeting

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
August 16th, 2016 - 05:14 GMT

DEWA awards construction contract for 400 kV power transformer at Hassyan Clean Coal Power Plant

Saudi-Russian bilateral cooperation was not only focused on oil prices, but also on promoting renewable energy, nuclear energy, nuclear medicine and radio-logic technology. (AFP/File)
August 15th, 2016 - 01:21 GMT

Russia warms to discussions with Saudi Arabia ahead of OPEC meeting in Algeria

Many of the companies looking at Eni's Zohr are either already active in Egypt or have recently landed bordering acreage in Cyprus, such as Exxon Mobil and Total.  (Eni)
August 14th, 2016 - 09:00 GMT

Eni mulls sale of 20 percent stake in Egypt's giant Zohr gas field

During the event
August 14th, 2016 - 05:32 GMT

EQUATE & Faculty of Dentistry at Kuwait University discuss cooperation

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