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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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Away from the Mena region, Asia is forecast to see 130 new crude and natural gas projects starting operations over the next eight years
August 8th, 2019 - 11:30 GMT

Oil, Gas and Petrochemical Projects Value More Than $859 Billion in Mena

The discussions focused on bilateral relations between Riyadh and Washington
August 8th, 2019 - 09:30 GMT

Saudi, American Energy Ministers Discuss the Condition of the Oil Market

In 2018, Oman produced 357.1 million barrels of oil
August 6th, 2019 - 07:00 GMT

China Remains Oman’s Biggest Crude Oil Importer

The small tanker was carrying about 700,000 litres of smuggled fuel
August 5th, 2019 - 01:00 GMT

Iran Seizes Third Foreign Tanker in Less Than a Month

Brent crude oil prices, the international benchmark, fell 7 percent after President Donald Trump announced new tariffs on $300 billion worth of Chinese imports.
August 4th, 2019 - 11:30 GMT

China Unloads Iranian Oil Tankers in Defiance of US Sanctions

In April, Company announced new dividend policy of AED 2.39 billion for 2019. It expects to pay the first half as interim dividend in October.
August 4th, 2019 - 07:35 GMT

ADNOC Distribution Net Profit Increases by 4.3% to Dh1.17 Billion in First Half of 2019

This accounts for 34.7 percent of Japan's total crude imports
August 3rd, 2019 - 03:00 GMT

Japan Imports 26.89 Million Barrels of Oil From UAE in June

The six Round Two projects will see a total solar PV capacity of 1.47 gigawatts (GW) tendered to qualified companies.
August 3rd, 2019 - 12:00 GMT

Saudi Arabia Issues RFPs for Round Two of Solar Projects

Abu Dhabi National Insurance Company
August 1st, 2019 - 08:34 GMT

ADNIC Reports 19.1% Growth in Net Profit for Second Quarter of 2019, Year-Over-Year

The three plants are expected to generate around 70GWh (Gigawatt hour) per year in total
August 1st, 2019 - 08:00 GMT

EBRD Grants $35 Million to Support Largest Private-to-Private Solar Project in Jordan

Oil prices are expected to be range-bound near current levels this year
August 1st, 2019 - 07:30 GMT

Saudi Arabia’s Oil Production to Remain Below 10 Million bpd in the Coming Months

Iranian land-based oil inventories, both home and abroad, are showing signs of climbing ever higher.
July 31st, 2019 - 07:30 GMT

Iran's Oil Exports Plummet in July to 100,000 bpd Due to Sanctions, Rising Tensions

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