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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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APICORP Headquarters in Dammam, Saudi Arabia. (Trade Arabia)
July 18th, 2016 - 10:00 GMT

Apicorp, Al Bahari set up $1.5B oil investment fund

RWE operates in concession areas at the Red Sea’s Gabal El-Zeit, Ras Gharib, Ras Badran in Abordes in South Sinai, and Desouk in Kafr El-Sheikh. (File photo)
July 18th, 2016 - 07:00 GMT

Egypt: $400M oil ministry debt behind unpaid salaries at Germany's RWE

Cost competitiveness has improved in recent decades, allowing nuclear technology to become a serious component of energy diversification strategies. (File photo)
July 18th, 2016 - 06:00 GMT

Fiscal constraints hamper nuclear energy projects in MENA: Apicorp

Kuwait is looking into offering 20 to 30 percent of the four subsidiaries’ stocks for public subscription, keeping the majority of stock in government lock. (Shutterstock)
July 14th, 2016 - 04:54 GMT

Kuwait mulls partial privatization of its oil industry

Overall, crude oil prices remain suppressed after breaching the $50 threshold earlier this year. (Shutterstock)
July 13th, 2016 - 08:00 GMT

Oil prices rise with release of OPEC report, but short term pressures remain

Burhan Al Hashemi, Managing Director, ENOC Marketing of which EPPCO Aviation
July 12th, 2016 - 09:17 GMT

ENOC’s custom-made idea to refuel Boeing 737s wins Ideas Arabia Competition 2016 in Health and Safety category

The contract comes as crude oil prices are holding steady in the $50 per barrel range, after plummeting below $30 per barrel early this year. (Shutterstock)
July 10th, 2016 - 01:00 GMT

Singapore's Swiber Holdings wins $215M pipeline project contract in Qatar

Solar energy technologies have not been adopted in the past because of their relatively high cost, but trends are changing. (Shutterstock)
July 10th, 2016 - 11:30 GMT

Solar energy could meet 20 percent of Qatar's power needs by 2030

Further delays in passing the decrees two decrees could jeopardize the chances of Lebanon drilling for gas in the coming few years. (File photo)
July 10th, 2016 - 06:00 GMT

Lebanon to offer ten offshore oil blocks up for international bids

After the war, BP and Shell won big contracts to develop oil fields in the south of Iraq, (AFP/Dan Kitwood)
July 8th, 2016 - 05:54 GMT

Chilcot report: UK oil companies were 'well placed' to reap contracts after Iraq invasion

Analysts at Morgan Stanley said there were also signs prices could fall again soon, pointing at stalling gasoline demand and more oil from Canada and Nigeria after production problems. (AFP/Mohammed Al Shaikh)
July 5th, 2016 - 07:00 GMT

Saudi oil minister optimistic market is 'heading towards balance'

License holders will be required to utilize only best practice technology that reduces the environmental impact of natural gas and oil exploration and production operations. (File photo)
July 3rd, 2016 - 01:00 GMT

Israel to award 60 new oil and gas licenses for offshore exploration

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