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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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Good news: Jordan improved four ranks in the environmental sustainability dimension for 2017. (Shutterstock)
February 12th, 2018 - 12:27 GMT

Jordan Drops 12 Positions on World Energy Council Index

Abdulmunim Al Kindy, Director of Upstream at ADNOC
February 12th, 2018 - 09:49 GMT

Adnoc Builds Towards First Oil Production From One of Its Youngest Companies

Saif Humaid Al Falasi, CEO of Enoc Group
February 12th, 2018 - 07:54 GMT

Enoc Group Explores Investments in Egypt

Saudi Arabia's King Salman has given the water sector a boost with $46.6 million to spend each year on mobile desalination plants. (File photo)
February 11th, 2018 - 12:11 GMT

Saudi King Orders $46.6 Million to Be Spent Annually on Desalinated Water

Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi with Narendra Modi, Prime Minister of India. (AFP)
February 11th, 2018 - 07:41 GMT

Mohamed Bin Zayed and India’s Narendra Modi Sign Historic Adnoc Concession Agreement

The revenues from oil and gas exploration will dramatically change the face of Lebanon, according to estimates. (Shutterstock)
February 8th, 2018 - 12:40 GMT

Lebanon: Offshore Gas Project to Generate $200 Billion in Revenues

Analysts expect a correction in oil to the $59 level of support. See this chart. (Shutterstock)
February 8th, 2018 - 11:38 GMT

Oil Prices to Correct to $59, Say Analysts [CHART]

Saeed Mubarak Al-Hajeri, Taqa Chairman of the Board
February 8th, 2018 - 10:13 GMT

Taqa Posts Dh253 Million Net Profit in the Fourth Quarter of 2017

The new service will be available across all ENOC stations.
February 8th, 2018 - 06:15 GMT

Paying for Petrol at Enoc Stations Now Possible With 'Dubai Now' App

After banking on oil for decades, Saudi Arabia is now trying to tie its future to another resource it has in abundance: sunlight. (File photo)
February 7th, 2018 - 11:27 GMT

From Oil to Solar: Saudi Arabia Rolls-Out a New Energy Plan

In 2013, Jordan and Iraq agreed on the idea of the 1,700-kilometer (1,000-mile) pipeline to run from Basra to Aqaba at a cost of $18 billion. (Shutterstock)
February 7th, 2018 - 09:02 GMT

Iraq, Jordan Agree on Basra-Aqaba Oil Pipeline

Mohammad Sharaf, ENOC Group Chief Financial Officer
February 7th, 2018 - 08:24 GMT

ENOC Appoints New Group Chief Financial Officer

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