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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 IPO process was never fully suspended
July 3rd, 2019 - 07:30 GMT

Saudi Aramco IPO Set for 2020-21

Unfortunately, oil is now being used as a tool to put pressure on Iran and other members such as Venezuela
July 2nd, 2019 - 01:00 GMT

Iran Exempted From OPEC Agreement Again

The country's total import of oil products also increased by 15.35% in April to 3.58 million tonnes compared to April 2018.
July 2nd, 2019 - 12:30 GMT

Turkey’s Crude Oil Imports Up by 60.94 Percent in April 2019

The government’s fuel pricing committee on Sunday decided to lower the prices of gasoline and diesel, citing a fall in international prices of crude oil
July 1st, 2019 - 11:30 GMT

Jordan Cuts Fuel Prices for July

OPEC and its allies led by Russia have been reducing oil output since 2017 to prevent prices from sliding.
July 1st, 2019 - 08:30 GMT

OPEC, Allies to Extend Oil Supply Cuts for 9 Months

Booming shale production from places like the Permian basin of West Texas have enabled US oil output to overtake Saudi Arabia and Russia.
June 30th, 2019 - 09:34 GMT

US Oil Output Exceeds 12 Million Barrels per Day in April

Mohammed bin Salman and Vladimir Putin at a working session of leaders at the G20 summit in Osaka, Japan.
June 30th, 2019 - 06:20 GMT

Russia Agrees on OPEC Output Cut Extension by 6-9 Months

Providing enough capacity to cover the demand of 90,000 people, the plant features more than 3.2 million solar panels, installed across an 8 km2 site.
June 29th, 2019 - 04:36 GMT

World's Largest Solar Project Starts Operation in UAE

Mohammed bin Jarsh Al Falasi.
June 27th, 2019 - 10:15 GMT

Abu Dhabi Unveils Its Energy Strategy at IEA Summit

The vessel called SALINA loaded approximately one million barrels of Iranian oil.
June 27th, 2019 - 09:34 GMT

China Receives 1 Million Barrels of Iranian Oil Cargo Post End of Waivers

The Umm Lulu Gas Treatment Platform (ULGTP), weighing 32,000 metric tonnes (MT), is one of five platforms fully manufactured by the NPCC at its fabrication yard in Musaffah, Abu Dhabi.
June 27th, 2019 - 07:39 GMT

UAE Completes World’s Largest Offshore Platforms

During the event
June 26th, 2019 - 09:21 GMT

Al Raffd Fund and Oman Oil Marketing Company Launch the 4th Edition of Tasweik

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