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Oil and Renewables

Oil and Renewables latest

gas deal
December 18th, 2025 - 05:46 GMT
Al Bawaba Staff

Al Bawaba Staff

Netanyahu approves $35 billion gas deal with Egypt

ALBAWABA - Israeli Prime Minister Benjamin Netanyahu announced on Wednesday his approval of the gas deal with Egypt. Netanyahu said that he had engaged in difficult discussions to pass this deal, which he described as the largest in Israel's history and a national project and a future for coming generations. Israel's prime minister also explained that the gas deal with Egypt is of paramount importance on both the economic and ...
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If stopping an alleged Iranian nuclear weapons capability is worth going to war, it's certainly worth taking the issue seriously and undertaking serious sanctions relief.
January 19th, 2014 - 10:47 GMT

Setting the record straight: 8 misconceptions tainting Iran's nuclear program

More private companies, as well as public entities are investing in green energy in the Middle East (Shutterstock)
January 19th, 2014 - 08:25 GMT

The Greening of the Gulf: Explaining the shift in the region's energy sector

Meanwhile, diplomats said that providing the amount would not be an issue, because many IAEA member states have already expressed their willingness to help.
January 19th, 2014 - 03:55 GMT

The cost of peace: IAEA needs $8 million euros to implement the Iranian nuclear deal

he EU also will suspend bans on trade in gold, precious metals and petrochemical products while increasing a ceiling on financial transfers not related to remaining sanctions
January 19th, 2014 - 03:55 GMT

A new week, a new phase? EU to lift sanctions off Iran on Monday

The Gulf Arab states have conditioned normalisation of relations with Israel on its acceptance of the 2002 plan drafted by Saudi Arabia for peace with the Palestinians
January 19th, 2014 - 03:55 GMT

Peace agreement ahead? Israel's energy ministrer attends IEAE conference in the UAE

Adnoc said last week it wouldn’t renew its concession agreement with BP, Exxon Mobil, Royal Dutch Shell, Total and Partex to run the fields
January 15th, 2014 - 08:05 GMT

The end of an era: 75 years later, Abu Dhabi to sell oil at premium prices

According to Leylaz, Iran has sold $34 billion worth of oil and byproducts during the past nine months, earning $32 billion
January 15th, 2014 - 07:48 GMT

Envisioning the possible: how exactly would the Iranian economy look like without sanctions?

Removing subsidies may drive down economic competition and activity overall in the GCC, say experts (File Archive/Shutterstock)
January 15th, 2014 - 02:06 GMT

Will the GCC face stagflation if oil subsidies halted?

During the event
January 15th, 2014 - 10:06 GMT

Omanoil launches code of ethics to instill values of integrity and transparency amongst employees

Cutting subsidies is politically difficult because of longstanding tensions between the cabinet and parliament, where many lawmakers campaign to raise social benefits.
January 14th, 2014 - 10:15 GMT

Kuwait's nanny state model under serious scrutiny

China's top crude supplier Saudi Arabia is set to ship about the same volumes to Chinese buyers in 2014 as it did last year, as the world's second-largest oil consumer takes more from Iraq and Central Asia, traders said.
January 14th, 2014 - 10:03 GMT

Saudi Arabia to retain spot as China's to oil supplier in 2014 but is also about to face some fierce competition

The sudden availability of Iranian oil is one of the many factors driving uncertainty in the oil market. (Image credit: Shutterstock)
January 14th, 2014 - 09:35 GMT

In an oil market driven by uncertainty, Oman's output declines

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