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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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Mohammad Abunayyan, Chairman of ACWA Power
February 7th, 2018 - 06:54 GMT

Acwa Power Wins First Solar PV Project in Saudi Arabia

The agreement was signed by Sheikh Ahmed bin Saeed Al Maktoum, Director General of DUSUP and Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO.
February 7th, 2018 - 06:15 GMT

ADNOC Signs 15-Year Gas Sales Agreement With Dubai Supply Authority

Saad Sherida Al-Kaabi, President & CEO of Qatar Petroleum
February 5th, 2018 - 12:27 GMT

Qatar Petroleum Signs Agreement for Exploration in South Africa

The event was attended by Saif Humaid Al Falasi, Group CEO, ENOC.
February 5th, 2018 - 10:23 GMT

ENOC Inaugurates Largest Service Station in Saudi Arabia

Ramesh Ramachandran, EQUATE Group’s President & CEO
February 5th, 2018 - 09:01 GMT

Equate Group Announces Financial Results for 2017

Sometime in 2018, the US oil industry will do something it has not done in almost 50 years - produce more than 10 million barrels of oil in one day. (AFP)
January 31st, 2018 - 12:14 GMT

First Time in 50 Years: US Oil Production to Hit 10 Million Barrels a Day

The exhibition entitled “Where We Will Go?” presents the work of Dutch photographer and academic Kadir van Lohuizen.
January 29th, 2018 - 06:03 GMT

Masdar City Hosts Photography Exhibition in Collaboration With the Netherlands Embassy

The company attributed the drop in Q4 profit to 'maintenance works in some of its plants'. (Shutterstock)
January 28th, 2018 - 01:41 GMT

Saudi Arabia: SABIC's Net Profit Falls 19 Percent in Q4 2017

In this article, Ellen R. Wald analyzes the relationship between Khalid al Falih, the Saudi oil minister, and his Russian counterpart Alexander Novak, often referred to as a “bromance”. (Twitter/ Ellen R. Wald)
January 25th, 2018 - 02:28 GMT

Opinion: What's Behind Russia and Saudi Arabia's Oil 'Bromance'?

Projects worth about $6 billion in oil and gas are underway or soon to begin in Bahrain, according to Bahraini oil minister Shaikh Mohammed bin Khalifa. (File photo)
January 25th, 2018 - 09:46 GMT

$6 Billion Oil and Gas Projects Underway in Bahrain: Minister

Saeed Mubarak Al Rashdi, ADNOC Distribution's Acting CEO
January 24th, 2018 - 12:37 GMT

ADNOC Distribution to Open 13 New Stations in UAE and Saudi Arabia in 2018

Russian investors have approached Saudi Aramco with a proposal to take a stake as the oil giant gears up for an initial public offering (IPO) later this year. (AFP/ File)
January 24th, 2018 - 12:04 GMT

All Eyes on Aramco: Russian Investors Eye Aramco Share Ahead of IPO

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