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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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Ahmed Bin Shafar, CEO of Empower
May 22nd, 2018 - 10:12 GMT

Empower Takes Part in the 4th Annual Meeting of UN Environment’s Global ‘District Energy in Cities’ Initiative in Copenhagen

Geopolitical shocks have been a recurrent theme in the international oil market. (Shutterstock)
May 21st, 2018 - 07:52 GMT

Is the Oil Market About to Endure a Rough Ride?

An agreement to build the giant 200-gigawatt project was signed by Crown Prince Muhammad Bin Salman and SoftBank Group Corporation in New York in March. (Pixabay)
May 17th, 2018 - 11:00 GMT

Solar Power: The New Saudi Oil

Ahmad Bin Shafar, CEO of Empower
May 16th, 2018 - 10:22 GMT

Empower Organizes Wellness Campaign

Gross profit for the period increased 14.3% compared to the same period last year to AED 1.185 billion.
May 16th, 2018 - 04:37 GMT

Adnoc Distribution Reports 12 Percent Growth in Net Profit in Q1 2018

In 2017 a total of 1,176 of ENOC’s staff were trained by the Group’s fire specialist team.
May 15th, 2018 - 07:27 GMT

Enoc Group Hosts the First Joint Retail Fuel Industry Safety Conference

H.E Saif Humaid Al Falasi, Group CEO of ENOC and H.H Mirza Al Sayegh, Director General, Office of H.H Sheikh Hamdan Bin Rashed Al Maktoum, Chairman of the Al Maktoum College Board of Directors.
May 14th, 2018 - 10:48 GMT

Enoc Selects Three Emirati Women to Join Al Maktoum College Summer Academic Programme

H.E. Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO
May 14th, 2018 - 06:15 GMT

Adnoc Announces $45 Billion Investment Plan to Become Leading Global Downstream Player

Even though Trump’s move has benefited Moscow in several ways, the question is how much Putin can capitalize on them. (Shutterstock)
May 13th, 2018 - 09:00 GMT

Russian Companies to Benefit From Trump's Iran Withdrawal

During the event
May 8th, 2018 - 07:29 GMT

ENOC Honours Employees' Competence, Commitment, Achievements at Awards Ceremony

Most of expatriate workers, employed in private sector having considerable service duration, are entitled to receive a handsome amount as end of service benefits upon ending of employment. (File photo)
May 7th, 2018 - 07:08 GMT

Expat Workers’ Dilemma in Saudi Arabia to Quit or Not to Quit for End of Service Benefits

As oil prices have risen, Saudi Arabia's drawdown on foreign reserves has eased and now stabilised. (Shutterstock)
May 7th, 2018 - 06:56 GMT

This is Why Saudi Arabia's Oil Reliance Continues

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