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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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Iran has signed an agreement to export 10 billion cubic metres of gas per year to Oman in a deal that involves building a pipeline at a cost of about $1 billion. (File photo)
March 21st, 2016 - 04:57 GMT

Iran in talks to process liquified natural gas in Oman

Oil prices have picked up, but energy companies are still apprehensive as witnessed by declines in rig activity. (File photo)
March 20th, 2016 - 07:29 GMT

Oil rallies to 2016 high on news of Doha meeting

Port Arthur Refinery in Houston, which will be solely controlled by Saudi Refining Inc after the breakup of Motiva. (AFP/File)
March 17th, 2016 - 01:39 GMT

Saudi Aramco, Shell to dissolve 20-year joint US venture

The Leviathan development plan calls for eight production wells to be drilled along with two pipelines. (File photo)
March 17th, 2016 - 01:00 GMT

Noble Energy plans to have Leviathan gas flowing by 2019

The power station in south Cairo is under development at a total cost of $1.7 billion to generate 1.950 megawatts. (File photo)
March 17th, 2016 - 12:00 GMT

Kuwait Fund approves $108M loan to Egypt for new power station

Brent and WTI crude currently stand around $39 and $37 a barrel respectively from lows of below $30. (File photo)
March 17th, 2016 - 11:00 GMT

Qatar to host oil production-freeze talks April 17

HE Saeed Mohammed Al Tayer
March 17th, 2016 - 09:56 GMT

UAE Water Aid starts accepting applications for Mohammed bin Rashid Al Maktoum Global Water Award worth $1 million

Prior to the civil war, Libya was producing more than 1 million bpd, compared to 480,000 bpd in 2014.  (Oilpro)
March 17th, 2016 - 09:00 GMT

Libyan oil production at five-year low

ROSATOM
March 16th, 2016 - 09:57 GMT

First Meeting of the Joint Saudi-Russian Coordination Committee

The company will carry out preliminary studies in order to understand Egypt’s monetary policy.  (File photo)
March 15th, 2016 - 12:30 GMT

Graviton launches $500M fund to explore Egypt's green energy sector

During the event
March 15th, 2016 - 10:26 GMT

DEWA organises programme for the elderly to support innovation, creativity and education

Westinghouse
March 15th, 2016 - 10:16 GMT

China's debut Westinghouse reactor delayed until June 2017

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