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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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FTSE Russell will start listing Saudi shares in March 2019 to be completed by December 2019. (Mubasher)
March 29th, 2018 - 10:21 GMT

Saudi Tadawul to Become Largest Bourse in Middle East After FTSE Decision

Both sales agreements were concluded during visits by ADNOC’s Marketing, Sales and Trading Directorate to customers in Japan, South Korea and Thailand.
March 29th, 2018 - 07:41 GMT

ADNOC Signs Two Three-Year Deals for the Sale of up to 1.5 Million Tons per Year of Naphtha

A deal between OPEC and Russia is likely to be on top of the agenda for the next OPEC meeting. (AFP)
March 28th, 2018 - 08:55 GMT

OPEC, Russia Working on Long-Term Oil Pact: Saudi Prince

ENOC’s service station is the first in that area serving the upcoming and nearby communities and covers an area of 72,743 square feet.
March 27th, 2018 - 07:02 GMT

Enoc Group Opens First of 16 New Stations Scheduled for 2018

Abu Dhabi’s Crown Prince inspected the nuclear power plant at Barakah, and posted photos from Monday’s ceremony. (GN)
March 27th, 2018 - 06:58 GMT

UAE Inaugurates First Nuclear Power Plant, Three More on the Way

The oil giant is planning an initial public offering which could be the biggest in history. (Shutterstock)
March 25th, 2018 - 11:00 GMT

Saudi Aramco Could Create Employee Shareholders Ahead of IPO

Shams 1 uses 258,000 parabolic trough mirrors spread over 2.5 square-kilometres to power an electricity turbine with the heat of the sun.
March 22nd, 2018 - 08:25 GMT

Masdar Celebrates Fifth Anniversary of Flagship Middle East Solar Energy Project Shams 1

The agreements were signed, in Abu Dhabi, by His Excellency Dr Sultan Ahmed Al Jaber, ADNOC Group CEO and His Excellency Wang Yilin, CNPC Chairman.
March 21st, 2018 - 11:26 GMT

Adnoc Signs Offshore Concessions With China National Petroleum Corporation

EQUATE Sustainability Committee Member Asrar Mohammad during the press conference.
March 21st, 2018 - 10:26 GMT

EQUATE Sponsors the National Initiative for the Development of Online Education

Happiness and Wellbeing are a fundamental goal in the UAE.
March 21st, 2018 - 06:48 GMT

Adnoc Employees Celebrate International Day of Happiness

Russia and Sudan have signed an agreement to build a nuclear plant in Sudan in 2019. (File photo)
March 20th, 2018 - 12:50 GMT

Nuclear in Sudan: Russia to Build First Nuclear Plant in Sudan in 2019

The start of the new project advances the UAE’s global leadership in the use of clean and renewable energy.
March 20th, 2018 - 10:36 GMT

Dubai Unveils World’s Biggest Concentrated Solar Power Project

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