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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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With the daily supply amount of one million barrels, the market wrapped up by selling eight 35,000-barrel cargos of oil on the day
April 15th, 2019 - 08:34 GMT

Iran to Sell One Million Barrels of Condensate This Week

In 2017, trade between the UAE and UK totalled £17.5 billion.
April 15th, 2019 - 06:31 GMT

UAE One of the Biggest Beneficiaries From No-Deal Brexit

In March India's oil imports from Iran rose to about 405,000 bpd.
April 14th, 2019 - 09:03 GMT

India's Shipment of Iranian Crude Oil Increase Despite US Sanctions

Libya’s oil sector is facing the biggest threat since Gaddafi’s overthrow.
April 14th, 2019 - 08:28 GMT

Oil Exports Face Biggest Threats in Libya Due to Tripoli Battles

Domestic gasoline prices are subject to change, rising and falling due to changes in export prices from the Kingdom to global markets.
April 14th, 2019 - 07:45 GMT

Saudi Arabia Revises Gasoline Prices Due to Changes in Export Prices

There's a 'high probability' to achieve balance in market by year end.
April 11th, 2019 - 06:26 GMT

UAE to Revise Oil Output Cut Target If Market Requires

Morocco has made notable development in the field of scientific research related to the energy sector. (Shutterstock)
April 9th, 2019 - 06:17 GMT

Energy Sector Investments in Morocco Exceeds $13 Billion

Saudi Aramco’s crucial bond issue, set to close on Wednesday, has already attracted higher-than-expected interest from international investor. (Shutterstock)
April 9th, 2019 - 06:16 GMT

Saudi Aramco's International Bond Issue Attracts $30 Billion

During the event
April 8th, 2019 - 10:57 GMT

‘OOMCO’ Launches Operations in Saudi Arabia With Official Opening of ‘Lamaa’ Service Station in Dammam

According to spokesman for the Atomic Energy Organization of Iran (AEOI), Behrouz Kamalvandi, the achievements would cover various fields, including exploration, extraction, fuel cycle, power plants, science and technology as well as laser. (Shutterstock)
April 8th, 2019 - 03:34 GMT

Iran Already Hit 114 Nuclear Achievements and Will Reveal Them on Tuesday

Egypt has recently launched an international tender for new explorations in 10 areas in the Red Sea, added the statement. (Shutterstock)
April 8th, 2019 - 03:18 GMT

Egypt, Saudi Boost Relations in Oil, Gas and Minerals Sectors

Lebanon Announces New Blocks for Oil, Gas Exploration. (Shutterstock)
April 7th, 2019 - 05:19 GMT

Lebanon Announces New Blocks for Oil, Gas Exploration

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