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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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The oil sector seeks to encourage new American companies to work in Egypt and encourage existing US companies to pump further investments, he added. (Shutterstock)
November 15th, 2018 - 04:14 GMT

Egypt Eager for US Investments in Its Oil and Gas Sectors


Top oil producers, meeting in Abu Dhabi on Sunday, demanded new “strategies” based on production adjustments to deal with market discrepancies between high supply and low demand. (Shutterstock)
November 14th, 2018 - 10:57 GMT

With OPEC Announcing Supply Cuts, Oil Prices Recover

Saudi Aramco, ADNOC Sign Agreement to Invest in Gas Exploration. (Shutterstock)
November 14th, 2018 - 10:44 GMT

Saudi Aramco, ADNOC Sign Agreement to Invest in Gas Exploration

US Imposes New Sanctions on Hezbollah Citing Iraq Relations. (Shutterstock)
November 14th, 2018 - 10:37 GMT

US Imposes New Sanctions on Hezbollah Citing Iraq Relations

U.S. President Donald Trump criticized Saudi Arabia’s announced plan to cut oil production. (Shutterstock)
November 13th, 2018 - 07:36 GMT

Trump Furious Over Saudi Oil Production Cuts Plan

H.E. Mohammed bin Salem bin Said Al Tobi, Minister of Environment and Climate Affairs, SDO & Chris Breeze, Country Chairman, Shell Oman
November 12th, 2018 - 01:11 GMT

In Celebration of Oman’s 48th National Day, Shell Launches 'Barr Al Hikman: Shorebird Paradise in Oman' Book

The Petroleum & Petrochemicals platform has a balanced portfolio of integrated projects and companies, whose activities cover the various stages of the total supply chain of the oil, gas, refining and petrochemical industries. (Shutterstock)
November 12th, 2018 - 08:30 GMT

Mubadala Pumps AED 150 Billion Into Its Oil Investments

Cooperation between OPEC and non-OPEC members will continue till 2020 to ensure a balanced oil market. (Shutterstock)
November 12th, 2018 - 08:17 GMT

OPEC Trying to Sustain Market Confidence Amidst Global Uncertainties

During the event
November 11th, 2018 - 06:31 GMT

Octal Highlights Importance of Competitiveness in Logistics to Create Value Within Supply Chains

The airport official said “some” of the oil providers were informed by internal company decisions, but Fenianos confirmed that none of the providers would be allowed to refuel the sanctioned carriers. (Shutterstock)
November 11th, 2018 - 05:01 GMT

Iranian Airlines Cannot Refuel in Beirut's Airport Due to Sanctions

Iran underlines that the IAEA is the sole competent authority responsible for the verification of the fulfillment of safeguards obligations. (Shutterstock)
November 11th, 2018 - 04:35 GMT

Iran Fights for Right to Develop National Nuclear Fuel Cycle

It is great for oil countries to fix goals and targets, and show the world its commitment to stabilize energy price. (Shutterstock)
November 11th, 2018 - 04:07 GMT

Opinion: Are Arab Oil Producers' Claims of Ability to Increase Production Empty Promises?

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