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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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The tanker, loaded with Iranian crude oil, was detained off the coast of Gibraltar by the UK navy in early July
September 9th, 2019 - 11:30 GMT

Iran’s Formerly Detained Tanker Sells Oil at Planned Destination

UAE will support any decision taken in consensus within OPEC
September 9th, 2019 - 10:00 GMT

UAE: Oil Producers Committed to Balancing Market

This investment will be made as a solution for bypassing and circumventing US sanctions by Chinese companies.
September 8th, 2019 - 08:19 GMT

China to Invest $280 Billion in Iran's Oil, Gas Industry

Also, Prince Sultan bin Ahmed bin Abdulaziz Al Saud was appointed as the Saudi ambassador to Bahrain.
September 8th, 2019 - 07:24 GMT

Prince Abdulaziz bin Salman Appointed as Energy Minister In Saudi Arabia

During the event
September 8th, 2019 - 06:27 GMT

Oman Oil Marketing Company and Emdaad Petroleum Services Join Efforts to Deliver Best Quality to All Motorists

During the conversation, they discussed relations between the two countries and aspects of bilateral cooperation
September 7th, 2019 - 04:00 GMT

Saudi Arabia, Iraq Confirm Joint Coordination to Stabilize Oil Markets

Molla also said that the ministry is working to encourage Egyptian companies engaged in research and exploration activities
September 7th, 2019 - 11:00 GMT

Egypt Signs Two Agreements Explore Oil, Gas in Western Desert

ENOC Group intoduces new safety-heavy fuel distribution tankers
September 5th, 2019 - 10:52 GMT

ENOC Group Enhances Safety Standards With the Introduction of High-Tech Fuel Distribution Trucks

More than 200 trucks, 100 from each country, including individually  and corporately-owned trucks, are participating in the transport process, the Energy Ministry said in a statement.
September 5th, 2019 - 09:34 GMT

Jordan Receives the First of Daily Iraqi Oil Shipments

Aramco plans to tell banks later this week or early next week whether they got a role on the offering, the people said.
September 4th, 2019 - 08:00 GMT

Saudi Aramco to Select Underwriters for Its IPO This Week

The move comes as the government prepares for an IPO of the state-owned oil company.
September 3rd, 2019 - 09:00 GMT

Saudi Arabia Assigns New Chairman for Aramco

The average sale price in August was $56.77 a barrel, generating about $6.341 billion in revenue
September 3rd, 2019 - 06:35 GMT

Iraq's Oil Exports Soar to 3.6 Million bpd in August

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