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Oil and Renewables

Oil and Renewables latest

Renewed US-Iran Tensions Lift Oil Prices as Investors Focus on Inflation Risks
July 15th, 2026 - 04:08 GMT

Renewed US-Iran Tensions Lift Oil Prices as Investors Focus on Inflation Risks

Renewed tensions between the US and Iran have pushed oil prices higher, bringing inflation risks back into focus for global investors, according to Lale Akoner, Global Market Strategist at eToro. While crude prices have risen amid concerns over slower traffic through the Strait of Hormuz, markets are not yet treating the situation as a full-scale oil supply crisis. Instead, investors appear to believe that energy supplies are becoming tighter, but not significantly disrupted. "Markets are pricing in higher geopolitical risk, but not a major supply shock," said Akoner. "Slower traffic ...
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Egypt plans to repay all of its $1.2 billion debt to foreign oil and gas companies by the end of 2019. (Shutterstock)
November 7th, 2018 - 08:06 GMT

Will Egypt Be Able to Repay Its $1.2 Billion Debts to Foreign Oil Companies?

U.S. President Donald Trump is cautious about the effects his sanctions will have on global oil markets. (AFP)
November 7th, 2018 - 07:20 GMT

Triggered by Oil Prices, Trump Changes Rhetoric on Iran Sanctions

Fully financed by the Abu Dhabi Fund for Development, ADFD, the UAE-CREF is the largest renewable energy initiative of its kind in the Caribbean, representing a partnership between MOFAIC, ADFD, and Masdar, the project manager and implementing lead. (Shutterstock)
November 7th, 2018 - 07:03 GMT

UAE-Caribbean $ 50 Million Renewable Energy Fund Projects Breaks Ground

US will continue to negotiate with India and the seven other countries receiving the six-month exemption to get them to cut their Iranian imports to zero. Since the reimposition of sanctions were announced, India has been cutting back on the Iranian imports. (Shutterstock)
November 7th, 2018 - 06:51 GMT

India Officially Exempt From Iran Sanctions

The design of the reactor has been developed by KACST scientists with the help of international experts. (SPA)
November 7th, 2018 - 06:40 GMT

Bin Salman Attends Saudi Arabia’s First Nuclear Research Reactor Project Launch

Industry estimates suggest Iran’s oil exports have in fact fallen by 40-60 percent since Trump said in May that he would reimpose sanctions, but 180-day exemptions for Iran’s biggest oil clients could mean they rise again after November. (Shutterstock)
November 7th, 2018 - 06:35 GMT

Iran Oil Exports Fell 60 Percent Since Sanctions, but Officials Deny Such Reports

Oman Oil Marketing Company - Customer Care Week
November 6th, 2018 - 11:03 GMT

Oman Oil Marketing Company Concludes ‘Customer Care Week’ for 2018

US Actions May Destabilize Oil Market. (Shutterstock)
November 6th, 2018 - 08:12 GMT

Russia Says US Actions Undermine Opec+ Efforts

Boost to oil and gas output to help firm become self-sufficient. (File/ photo)
November 5th, 2018 - 08:43 GMT

UAE's ADNOC to Increase Oil Output Thanks to Dh486 Billion Government Back-Up

Joint oil and gas fields are important for all countries in the region, with all countries which share oil and gas fields with Iran gaining billions from their procurement. (Shutterstock)
November 5th, 2018 - 08:25 GMT

What Is the Fate of Iran's Shared Oil and Gas Fields With Iraq and Saudi, Now That the US Sanctions Are Imposed?

Now producing 4.78 million barrels per day (bpd), as the head of the National Oil Company stated, Iraq boasts the world’s fourth-largest oil reserves after Saudi Arabia, Canada and Iran. (Shutterstock)
November 5th, 2018 - 08:04 GMT

Where Are All the Benefits From Being Fourth Largest Oil Producer in the World, Ask Iraqis?

The International Energy Agency has estimated digital technologies could cut oil and gas production costs by between 10 and 20 per cent.
November 5th, 2018 - 06:24 GMT

Digitalisation Is Fundamental, Transformational, and a Number One Priority for Senior Oil and Gas Industry Decision-Makers As They Plan Future Investments

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