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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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Analysts say that the coming weeks could witness heavy volatility due to concerns regarding US government shutdown, Brexit uncertainty and flat global economic growth. (Shutterstock)
January 8th, 2019 - 09:15 GMT

Uncertainty Dominates the Oil, Equity Market Despite the Positive Momentum

Iranian Deputy Oil Minister for International Affairs and Trading Amir-Hossein Zamaninia said despite the U.S. sanctions more oil buyers have approached the country for negotiations. (Shutterstock)
January 6th, 2019 - 09:31 GMT

Number of Iran's Oil Buyers Increases Despite US Sanctions

Oil prices collapsed over 40 per cent in the fourth quarter, but surged to its best weekly gain in more than two years this week. (Shutterstock)
January 6th, 2019 - 08:09 GMT

US-China Trade Talks to Set the Future Direction for Oil Market

Kerosene and diesel will be sold at JD0.560 per litre, down from JD0.605, marking an 8.04 per cent decline. (Shutterstock)
January 2nd, 2019 - 09:21 GMT

Jordan Starts 2019 with Lower Fuel Prices

During the event
January 2nd, 2019 - 09:08 GMT

Oman Oil Marketing Company ‘E-Fill’ Smart Service for Corporate Customers Builds Momentum

Specialised Courses Conclusion 2018.
December 30th, 2018 - 01:30 GMT

Shell Intilaaqah’s ‘Aspire and Inspire’ Programme Hones Talent of Omani Entrepreneurs

ADNOC Premuim Inspection
December 30th, 2018 - 12:40 GMT

ADNOC Distribution Launches ‘Premium Vehicle Inspection’ Service in Abu Dhabi

 Iranian Foreign Minister Zarif said the US would have to resort to policies that would drag the world into a chaotic state if it tried to actually shut down Iran’s oil exports. (Shutterstock)
December 30th, 2018 - 10:21 GMT

Will US Take Desperate Measures to Drag Iran Oil Exports to Zero?

The most important challenges facing the KOC are to achieve the set goals and the need for a large number of drilling platforms in preparation for future projects. (Shutterstock)
December 30th, 2018 - 08:35 GMT

Kuwait Aims for 3.65 Million Bpd of Light Crude Production for 2023

Oman Oil Marketing Company - MEGA Service Station
December 30th, 2018 - 07:01 GMT

Oman Oil Marketing Company to Open the Sultanate’s First 10,000m2 MEGA Service Station in 2019

India is one of the largest consumers of crude oil and since Iran has been one of the key suppliers. (Shutterstock)
December 27th, 2018 - 09:00 GMT

India Hopes US Will Extend Sanctions Exemption on Iranian Oil

Rosatom State Atomic Energy Corporation took part in the 14th session of the Arab Conference for the Peaceful Uses of Atomic Energy that was held in Sharm El-Sheikh (Egypt) from December 16 until 20, 2018.
December 26th, 2018 - 12:55 GMT

Rosatom Took Part in the Arab Conference on the Peaceful Uses of Atomic Energy

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