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Oil and Renewables

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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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Dubai is aiming to generate 7 percent of its total power from clean energy sources in the next four years, 25 percent by 2030 and 75 per cent by 2050. (File photo)
June 28th, 2016 - 06:00 GMT

Masdar seeks $800M loan for third phase of Dubai solar park

Over the past ten years, Jordan has witnessed a rising demand on electricity that ranged between 5-7 percent annually.
June 27th, 2016 - 12:00 GMT

Jordan, Saudi Arabia to cooperate on nuclear energy

US company Noble Energy currently owns 36 percent of the rights in the Tamar gas reservoir. (File photo)
June 27th, 2016 - 06:00 GMT

Harel seeks purchase of Noble Energy stakes in Tamar gas reservoir

The agreements were supported by the Central Bank of Jordan (CBJ) which allows banks to use money allocated to the energy sector against low interest rates when funding programmes implemented by the fund.  (Shutterstock)
June 26th, 2016 - 11:30 GMT

Jordan renewable energy projects get support from fund, banks

Saudi King Salman bin Abdulaziz Al-Saud had earlier issued a decree to secure Egypt’s needs of petroleum over the next five years. (File photo)
June 26th, 2016 - 07:43 GMT

Egypt: $650M in fuel products received from Saudi Arabia in May and June

For the British energy sector, Oil & Gas U.K. said in a statement the industry is "at a critical juncture."  (Shutterstock)
June 26th, 2016 - 05:00 GMT

Oil prices suffer one of worst slides in recent history following Brexit vote

For Schlumberger, the deal follows more than a year of lackluster momentum in the side of the energy sector it services. (Schlumberger)
June 22nd, 2016 - 06:30 GMT

Egypt: Schlumberger secures $170M Zohr gas field contract

During the award ceremony
June 21st, 2016 - 10:24 GMT

DEWA wins Training Initiative of the Year Award 2016 from Emirates Green Building Council

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
June 21st, 2016 - 04:53 GMT

43 children graduate from DEWA nurseries in 2016

Rumaila, one of the world's largest oil fields, began production in 1954. (Iraqenergy.org)
June 20th, 2016 - 11:00 GMT

Amec Foster Wheeler lands BP Iraq oil field contract

Milaha said it expects the deal to be completed in Q4 2016. (File photo)
June 20th, 2016 - 07:00 GMT

Qatar Navigation's Milaha to buy stake in Al Shaheen Energy Services

During the event
June 20th, 2016 - 05:27 GMT

DEWA hosts Ramadan activities at Reading is Positive Energy exhibition

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