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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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Chinese have recently left Iran but talks are under way with them over completion of phase 11 of South Pars.
May 29th, 2019 - 09:00 GMT

Iran Seeks an Excuse for China for Not Completing Its Role in South Pars Gas Field

GE Iraq Al Qudus.
May 29th, 2019 - 08:39 GMT

GE Commissions Advanced Gas Turbine at Iraq’s Al Qudus Power Plant to Help Meet Summer 2019 Power Needs

There is great anxiety in the market today mainly related to supply concerns. (Shutterstock)
May 29th, 2019 - 08:00 GMT

Kuwait: Oil Market to See Balance by End of Year Despite Uncertainties Around Oil Demand Growth

Abu Dhabi National Exhibitions Company
May 29th, 2019 - 07:53 GMT

ADNEC Wraps Up Successful Participation in AUVSi2019 and ITEC

OPEC and Russia continue to limit their production in order to support prices.
May 27th, 2019 - 10:05 GMT

Oil Prices Fall Following Largest Weekly Drop of 2019

During the event
May 27th, 2019 - 08:21 GMT

Oman Oil Marketing Company Rolls out Enhanced ‘Thawani’ Digital Payment Solution at Service Stations

The prices hit a 2019 high of $75 a barrel in April, which saw prices going up 6.3 per cent compared to March 2019.
May 26th, 2019 - 08:00 GMT

US-China Trade Talks to Determine Oil Prices

Ghassan Salame, UN special envoy for Libya and head of the UN Support Mission in Libya (UNSMIL) speaks during a press conference in the Libyan capital Tripoli.
May 25th, 2019 - 01:00 GMT

UN Envoy: Libya Is Committing Suicide by Wasting Its Oil Wealth

Aramco will buy 5 million tons of liquid natural gas per year.
May 23rd, 2019 - 08:33 GMT

Aramco Inks 20 year Deal to Buy US Natural Gas

Turkey began trimming its Iranian imports as early as March.
May 22nd, 2019 - 06:41 GMT

Turkey Yields to US by Closing Its Ports to Iranian Oil

World Markets are fragile, price of Oil getting too high.
May 21st, 2019 - 07:45 GMT

Oil Prices Rise Amid Indications From OPEC on Extending Output Cuts by Year-End

Opec is trying to cut output by 812,000 barrels a day below baseline levels.
May 19th, 2019 - 07:39 GMT

OPEC, Allies Back on Track With Oil Cuts to Steady Market

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