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Oil

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Tanker in Strait of Hormuz
July 8th, 2026 - 08:10 GMT
P. Choiaqo

P. Choiaqo

Oil prices jump as Iran and US renew strikes on each other

ALBAWABA - Oil prices surged on Wednesday and continue to trend upward as the U.S. and Iran renew strikes on each other. It seems that the war will not be over quickly, as major breaches of the MoU took place on Wednesday, it started when Iran hit three vessels in the Strait of Hormuz, a Qatari LNG tanker named ‘Al Rekayyat’, along with a Saudi Supertanker ‘Wedyan’, and another unidentified ...
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These Are the Japanese Firms Behind Mauritius Oil-Leak Ship
August 13th, 2020 - 11:30 GMT

These Are the Japanese Firms Behind Mauritius Oil-Leak Ship

An aerial view shows people scooping leaked oil on August 10, 2020, from the MV Wakashio bulk carrier that had run aground at the beach in Bambous Virieux, southeast Mauritius. L'Express Maurice / AFP
August 12th, 2020 - 08:59 GMT

Mauritian PM Expects Oil Spill Compensation From Japan Company

Aramco Profits Plummet from $24.7 to $6.57 Billion
August 9th, 2020 - 01:00 GMT

Aramco Profits Plummet from $24.7 to $6.57 Billion

UK: Petrofac Partners with Storegga to Build New Green Energy Capacity
August 9th, 2020 - 07:58 GMT

UK: Petrofac Partners with Storegga to Build New Green Energy Capacity

Aramco Faces Scrutiny As COVID-19 Batters Oil Prices
August 9th, 2020 - 07:30 GMT

Aramco Faces Scrutiny As COVID-19 Batters Oil Prices

The bulk carrier ran aground on a coral reef on July 25 and the crew were evacuated but the national coast guard were not contacted. (AFP)
August 9th, 2020 - 06:48 GMT

'Environmental Emergency': Oil Tanker Spills 4,000 Tons of Fuel Into The Indian Ocean

Energy Market Recap: Oil Prices Up to Highest Level Since March
August 9th, 2020 - 06:10 GMT

Energy Market Recap: Oil Prices Up to Highest Level Since March

Green vs. Nuclear Energy: Which Option Is Better for MENA Countries?
August 5th, 2020 - 01:30 GMT

Green vs. Nuclear Energy: Which Option Is Better for MENA Countries?

Crude Oil 101: All You Need to Know
August 5th, 2020 - 09:35 GMT

Crude Oil 101: All You Need to Know

BP Cuts Dividend after Registering Record $6.7 Billion Loss in Q2
August 5th, 2020 - 09:00 GMT

BP Cuts Dividend after Registering Record $6.7 Billion Loss in Q2

Oil Demand Needs at Least a Year to Rebound to Pre-Virus Levels
August 3rd, 2020 - 12:00 GMT

Oil Demand Needs at Least a Year to Rebound to Pre-Virus Levels

Petrofac Inks 2-Year Contract With UK’s Neo Energy
August 3rd, 2020 - 10:00 GMT

Petrofac Inks 2-Year Contract With UK’s Neo Energy

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