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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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Brent closed at $67.25 per barrel while WTI traded at $57.11 per barrel at the same time. (Shutterstock)
February 26th, 2019 - 08:45 GMT

Brent Crude Falls to $67 Per Barrel

Both parties have agreed that Iraqi goods imported through the Aqaba Port will be offered discounted port rates up to 75 percent. (Shutterstock)
February 25th, 2019 - 10:25 GMT

10,000 Oil Barrels to Enter Jordan Daily From Iraq

Banks in Turkey to restructure $7-$8 billion credit of energy companies, Garanti Bank's top official says. (Shutterstock)
February 25th, 2019 - 08:50 GMT

Turkey to Witness New Big Energy Investments by 2020

During the event
February 25th, 2019 - 08:18 GMT

Octal to Invest $50 Million in Oman Operations to Solidify Global Leader Status in Packaging Solutions

Saif Humaid Al Falasi, ENOC-His Excellency
February 24th, 2019 - 11:30 GMT

Autopro Collaborates With Gulf Rubber Factory to Roll out 'Enviromat'

Research: Volumes From New Oil & Gas Projects to Triple in 2019. (Shutterstock)
February 24th, 2019 - 08:57 GMT

Research: Volumes From New Oil & Gas Projects to Triple in 2019

India is a top investment priority for Saudi Arabia. (Shutterstock)
February 21st, 2019 - 10:04 GMT

World's Biggest Oil Company Eyes Investments in India’s Reliance Industries

During the event
February 21st, 2019 - 07:16 GMT

Total Achieves a New Step Towards Developing an Integrated Gas Project in the Sultanate of Oman

South Korea is the third-largest buyer of Iranian oil. (Shutterstock)
February 20th, 2019 - 10:00 GMT

Despite US Sanctions, S. Korea Ships in Over $100 Million Worth of Iranian Oil

Britain's tradition of cosying up to dictators will be further entrenched by post-Brexit desperation. (Shutterstock)
February 19th, 2019 - 10:44 GMT

The Snowball Effect of Brexit

The installed wind power capacity in the country currently stands at over 7,000 megawatts. (Shutterstock)
February 19th, 2019 - 08:21 GMT

Wind Energy Sector Records 7.24 Percent Growth in Turkey

Dr Bakheet Al Katheeri, Chief Executive Officer, Mubadala Petroleum
February 18th, 2019 - 11:34 GMT

Mubadala Petroleum Signed South Andaman PSC in Indonesia

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