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Oil and Renewables

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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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Fatih Birol, Executive Director of the International Energy Agency
September 28th, 2019 - 07:57 GMT

IEA May Cut Its Growth Estimates for Global Oil Demand for 2019 and 2020

Output will reach 960 thousand barrels per day by the end of the week.
September 26th, 2019 - 09:00 GMT

Gas Output Recovers, Stands at 900 Million Standard Cubic Feet in Saudi Arabia

Saudi Arabia's oil production was down by 5.7 million barrels per day (mbpd) due to drone attacks
September 25th, 2019 - 08:30 GMT

Oil Prices Down As Saudi Arabia Is Expected to Restore Full Production by Next Week

Both Aramco plants were hit in drone and missile attacks on Sept. 14 that caused fires and significant damage, halving the country’s oil output.
September 24th, 2019 - 08:17 GMT

Saudi Arabia Restores Over 75 Percent of Oil Production Level Pre-Attack

Boris Johnson.
September 23rd, 2019 - 09:24 GMT

UK Blames Iran for Aramco Attack

Non-oil exchange between the two countries reached Dh107.4 billion in 2018, a surge of 35 per cent over 2017.
September 23rd, 2019 - 08:34 GMT

UAE-Saudi Non-Oil Trade Exceeds $113 Billion Over the Past 5 Years

The attacks  cemented to the world the great importance of Saudi Arabia and its oil industry.
September 22nd, 2019 - 11:30 GMT

Saudi Aramco Stronger Than Ever After the Attacks

The minister highlighted to this end the calm witnessed in Egypt, which encourages investors.
September 22nd, 2019 - 08:00 GMT

Egypt Achieves Highest Level in Gas Production

Aramco continued to supply the markets without interruption and therefore revenues should continue as they are
September 19th, 2019 - 07:00 GMT

Saudi Attacks on Oil Infrastructure Have “Zero” Impact on the Economy

A Customs strike was the cause of long queues at gas stations
September 18th, 2019 - 08:00 GMT

Cars Lined Up for Fuel Ahead of Strike by Gas Station Owners in Lebanon

The kingdom will achieve 11 million barrels per day (bpd) capacity by the end of September
September 18th, 2019 - 05:57 GMT

Saudi Arabia Committed to Fully Restore Oil Production by Month-End

The oil output to international markets is back to what it was before the attack
September 18th, 2019 - 05:57 GMT

Saudi Arabia Committed to Fully Restore Oil Production by Month-End

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