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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 first Innovation Award was won by Empower for the “360° Solution for Metering Artificial Intelligence (AIMS 360°)”.
June 19th, 2018 - 11:57 GMT

Empower Receives Four Awards at Idea Annual Conference & Tradeshow 2018, at Vancouver, Canada

Erdogan replies to questions of Turkish youths in social media broadcast. (AFP)
June 19th, 2018 - 08:24 GMT

Turkey to Build Third Nuclear Power Plant: Erdogan

Output from Shah Deniz II is expected to reach an annual 16 billion cubic metres (bcm) of natural gas by 2020, with 10 bcm earmarked for Europe and 6 bcm for Turkey. (AFP)
June 18th, 2018 - 07:54 GMT

Turkey Opens Natural Gas Pipeline From Azerbaijan

Egyptians are expected to pay up to 20.9% rise in a household, and factories are expected to pay up to 41.8% rise. (Shutterstock)
June 14th, 2018 - 07:02 GMT

Egypt’s Electricity Prices to Hike by 26 Percent This July

Iranian officials have said nuclear activities could be resumed. (Shutterstock)
June 14th, 2018 - 06:55 GMT

Iran Says It Cannot Remain in Nuclear Deal Without Benefits

The Kingdom’s production was up 100,000 barrels per day (bpd) to 10.02 million barrels. (Shutterstock)
June 14th, 2018 - 06:30 GMT

Saudi Arabia Raises Oil Output Amid Fears of Supply Crunch

Eighteen of 31 analysts and traders in a global poll predicted that the 24 countries in the joint accord will agree to raise output when they meet in Vienna. (Pexels)
June 13th, 2018 - 10:03 GMT

OPEC Likely to Agree Production Increase Next Week: Survey

Ahmad Bin Shafar, CEO of Empower
June 12th, 2018 - 08:39 GMT

Empower Participates in Idea’s International Workshop on ‘District Energy for Warmer Climates’ in Vancouver, Canada

OPEC’s second-biggest producer said supply curbs by the cartel haven’t yet achieved their purpose. (Shutterstock)
June 12th, 2018 - 06:21 GMT

OPEC Resistance to Saudi Supply Plan Grows With Iraqi Defiance

Citizens who earn up to OMR 950 a month will be able to benefit from the fuel subsidy system starting August 1, 2018.
June 12th, 2018 - 05:58 GMT

Fuel Subsidy Net Widened for Omanis

This demand was made by Ambassador Nabil al-Ashri, acting chargé d'affaires at the Saudi embassy in Austria. (SG)
June 12th, 2018 - 05:46 GMT

Tighten Control on Iranian Nuclear Sites: Saudi Arabia

More than 141,000 Smart Tags have now been fitted to vehicles across the country, including 29,500 since ADNOC Distribution launched a free giveaway.
June 10th, 2018 - 10:42 GMT

Growing Demand From Motorists in UAE for Adnoc Distribution’s Smart Tags

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