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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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Now producing 4.78 million barrels per day (bpd), as the head of the National Oil Company stated, Iraq boasts the world’s fourth-largest oil reserves after Saudi Arabia, Canada and Iran. (Shutterstock)
November 5th, 2018 - 08:04 GMT

Where Are All the Benefits From Being Fourth Largest Oil Producer in the World, Ask Iraqis?

The International Energy Agency has estimated digital technologies could cut oil and gas production costs by between 10 and 20 per cent.
November 5th, 2018 - 06:24 GMT

Digitalisation Is Fundamental, Transformational, and a Number One Priority for Senior Oil and Gas Industry Decision-Makers As They Plan Future Investments

EQUATE Management Team
November 4th, 2018 - 08:23 GMT

EQUATE Reports 3Q 2018 Results with Net Profit of $406 Million

Rosatom
November 1st, 2018 - 12:07 GMT

Atomstroyexport Officially Opens an Office in Cairo

Ahmad Bin Shafar, CEO of Empower
November 1st, 2018 - 11:23 GMT

Empower Commemorates Flag Day by Hoisting the UAE Flag on All Its District Cooling Plants Across Dubai

Morocco Wants German Investments to Power Its Emerging Industries. (Shutterstock)
November 1st, 2018 - 08:01 GMT

Morocco Wants German Investments to Power Its Emerging Industries

On Tuesday, the executive director of the International Energy Agency (IEA), Fatih Birol, warned that high oil prices hurt consumers and could harm producers. (Shutterstock)
November 1st, 2018 - 03:25 GMT

Oil Prices Rising Despite Output Increase and Iran Sanctions

The Algerian state-owned Sonatrach developed a strategic vision for 2030 to become one of the world's top five oil corporations, Guitouni pointed out. (Shutterstock)
November 1st, 2018 - 03:20 GMT

Algeria Taps Into Shale Gas Reserves, With Production Slated Within Five Years

OPEC's Crude Oil at $75.71 per Barrel. (Shutterstock)
October 30th, 2018 - 09:31 GMT

OPEC's Crude Oil at $75.71 per Barrel

During the event
October 29th, 2018 - 12:16 GMT

Dubai Maritime Cluster Signs Strategic MoU With Panama

Saudi Aramco continues to champion the professional development of its women employees through the implementation of company functions. (File/Photo)
October 29th, 2018 - 09:00 GMT

Aramco Still Pushing for Careers for Women in Saudi

Jahangiri made the remarks in a ceremony on Sunday morning to mark the National Insurance Day. (AFP)
October 29th, 2018 - 03:39 GMT

Iran Confident US Cannot Hold off Its Oil Exports

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