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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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Iraq's Oil Exports Drop in February. (Shutterstock)
March 14th, 2019 - 07:37 GMT

Iraq's Oil Exports Drop in February

Bahrain to Commence Working on Its Biggest Solar Plant. (Shutterstock)
March 13th, 2019 - 09:58 GMT

Bahrain to Commence Working on Its Biggest Solar Plant

US crude exports will surpass shipments from Russia and nearly catches up to Saudi Arabia by 2024. (Shutterstock)
March 13th, 2019 - 08:19 GMT

IEA: US to Lead Global Oil Supply Growth to 2024

The Middle East has great potential as a shale oil-producing area. (Shutterstock)
March 13th, 2019 - 08:01 GMT

UAE Mulls Producing Shale Oil

Brent closed Friday at $65.08 per barrel while WTI traded at $55.69 per barrel. (Shutterstock)
March 12th, 2019 - 09:40 GMT

Brent Crude Rises Slightly to $66.27

Privatization of Oman's Power Companies to Cut Bills for Consumers. (Shutterstock)
March 12th, 2019 - 09:10 GMT

Privatization of Oman's Power Companies to Cut Bills for Consumers

Saudi Arabia Invites Bids for 7 Solar Projects Worth $1.51 Billion. (Shutterstock)
March 12th, 2019 - 08:57 GMT

Saudi Arabia Invites Bids for 7 Solar Projects Worth $1.51 Billion

Saudi Arabia Aims to Produce Over 50% of Solar Energy Globally by 2030. (Shutterstock)
March 11th, 2019 - 08:24 GMT

Saudi Arabia Aims to Produce Over 50% of Solar Energy Globally by 2030

US to Outdo Saudi Arabia in Oil Exports in 2019. (Shutterstock)
March 10th, 2019 - 12:41 GMT

US to Outdo Saudi Arabia in Oil Exports in 2019

The first shale oil well drilling started a few months ago. (Shutterstock)
March 10th, 2019 - 11:17 GMT

Bahrain to Start Shale Oil Production Soon

Kuwait Exposes Employees Working in Oil Sector With Forged Certificates. (Shutterstock)
March 10th, 2019 - 09:55 GMT

Kuwait Exposes Employees Working in Oil Sector With Forged Certificates

Large volumes of natural gas have been found in the Red Sea. (Shutterstock)
March 10th, 2019 - 09:34 GMT

Saudi Arabia: Large Volumes of Gas Discovered in Red Sea

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