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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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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

ENOC Ramadan tent
June 19th, 2016 - 08:23 GMT

ENOC celebrates Iftar daily with 500 Fujairah residents

Iftar meals & water distribution during Ramadan
June 19th, 2016 - 04:57 GMT

EQUATE continues partnership with Zakat House for iftar meals & water distribution during Ramadan

A US found that integrating solar power into the grid is complex because, utility system operators would need to favor one source of supply over the other to maintain market balance. (Shutterstock)
June 16th, 2016 - 01:03 GMT

Renewable energy costs could drop by up to 59 percent in five years: IRENA

The plan envisages increasing the country’s refining capacity to about 3.2 million barrels a day by 2020 from 1.85 million currently. (Ship and Bunker)
June 16th, 2016 - 01:00 GMT

Iran plans to boost refinery capacity by more than 70 percent in four years

With markets already balancing on the back of modest global economic growth, the price for crude oil last week topped $50 per barrel for the first time in nearly a year. (File photo)
June 16th, 2016 - 04:37 GMT

Brexit fears, Goldman Sachs report drive oil prices below $50

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