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Oil and Renewables

Oil and Renewables latest

The Laundromat: How Russian Oil Keeps Flowing Three Years After Sanctions
April 17th, 2026 - 10:10 GMT
Al Bawaba Staff

Al Bawaba Staff

The Laundromat: How Russian Oil Keeps Flowing Three Years After Sanctions

The Marquise is a 184-metre product tanker built two decades ago. It is not a glamorous vessel. It is old, it is slow by modern standards, and it has spent the past several years doing something unremarkable on paper: picking up cargoes of petroleum products at Russian export terminals and delivering them to ports scattered across Turkey and West Africa. What makes the Marquise interesting is not what it carries ...
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During the signing
October 10th, 2019 - 10:49 GMT

Oman Shell to Commence Exploration Activities in Block 55

In July, Seoul’s crude shipments from the US almost tripled to 14,782 barrels from the year before.
October 10th, 2019 - 07:48 GMT

Saudi Arabia Remains South Korea’s Top Oil Supplier in Absence of Iranian Shipments

Meanwhile, the Organization of the Petroleum Exporting Countries (OPEC) has granted Nigeria a higher oil output target under an OPEC-led supply cut deal.
October 10th, 2019 - 06:57 GMT

Oil Prices Fall Amid No Significant Progress in US-China Trade Talks

Aramco’s regular production of 11.3 million bpd recovered faster than anticipated after the attacks of Sep. 14.
October 9th, 2019 - 10:48 GMT

Saudi Aramco to Produce 12 Million bpd by End of November

The talks stressed the readiness of the GCC armed forces to confront any terrorist threats or attacks, condemning the recent sabotage attacks in the Kingdom.
October 9th, 2019 - 07:57 GMT

Saudi Arabia Reassures World That It Will Fulfill Oil Needs

Aramco came under Yemen’s biggest retaliatory attacks ever on Sept. 11, as a result of which Saudi Arabia lost half of its production capacity.
October 9th, 2019 - 07:38 GMT

Fitch Downgrades Saudi Aramco After Cutting Down the Kingdom's Debt Rating

During the event
October 8th, 2019 - 10:18 GMT

ENOC Group Launches ENOC Link

The purpose of the MoU is to establish and strengthen cooperation in order to carry out activities and share experiences, views, information and best practices in areas of mutual interest.
October 8th, 2019 - 07:39 GMT

OPEC Inks Deal With GECF to Strengthen Cooperation

At its peak, oil production in South Sudan was at 350,000 barrels a day.
October 8th, 2019 - 07:19 GMT

South Sudan Renegotiates Oil Deal With Sudan

During the event
October 7th, 2019 - 09:46 GMT

Oman Oil Marketing Company Highlights Importance of Safety Culture at Oman Workplace Safety and Loss Prevention Conference

Much of Iran's natural gas comes from the South Pars field.
October 7th, 2019 - 07:35 GMT

China Withdraws $5 Billion Iran Gas Field Deal

GE HA Milestones
October 6th, 2019 - 10:37 GMT

GE Launches Latest Evolution of Its HA Gas Turbine & Secures Order for 100th Unit of the Technology

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