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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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Libya said it will attend a meeting of OPEC and non-OPEC members in St. Petersburg on July 22. (AFP/ File)
July 18th, 2017 - 02:29 GMT

Libya to Join OPEC, Non-OPEC Members in Meeting on July 22

Ahmad Bin Shafar, CEO of Empower
July 16th, 2017 - 11:16 GMT

Empower’s ‘Smile at 24 Degrees’ Campaign Marks 6.5 per Cent Reduction in Consumption in the First Month

A rebel fighter stands at a roundabout in the center of town in Ajdabiya, Libya on March 15, 2011. (Roberto Schmidt/ AFP)
July 13th, 2017 - 07:00 GMT

What OPEC Can Do About Added Oil Production From Libya, Nigeria

Saudi Aramco is preparing for what could be the world’s largest initial public offering (IPO). (AFP/ File)
July 13th, 2017 - 02:16 GMT

London Tries to Lure Saudi Aramco's IPO With New Listing Rules

Turkish energy minister Berat Albayrak (R) and his Russian counterpart shake hands after signing an agreement in Istanbul on October 10, 2016. (Ozan Kose/ AFP)
July 13th, 2017 - 12:59 GMT

Turkish Energy Minister to Visit Israel to Complete Gas Pipeline Deal

The launch comes amid the worst crisis to hit Qatar in years. (AFP/ File)
July 12th, 2017 - 02:11 GMT

Qatar Petroleum, Total Launch New Venture for Giant Oil Field

Ahmad Bin Shafar, CEO of Empower.
July 12th, 2017 - 09:45 GMT

Empower Imparts Summer Training to University Students

The listing is still under consideration. (Photo courtesy of ADNOC)
July 12th, 2017 - 08:16 GMT

ADNOC Plans IPO of Retail Unit at $14 Billion Value: Sources

An Aramco oil facility in Saudi Arabia. (Hassan Ammar/ AFP)
July 11th, 2017 - 10:30 GMT

Saudi Aramco to Spend $300 Billion as CEO Frets About Oil Supplies: Bloomberg

One third of the funds, i.e. $111 million, has been allocated to areas of energy, water, agriculture, irrigation, and transport in low-income countries in Africa, Asia and Latin America. (Boureima Hama/ AFP)
July 11th, 2017 - 09:42 GMT

OPEC Approves $320 Million Funds for Development Projects

An Iranian flag flutters outside an annual oil and gas conference in Tehran. (Reuters)
July 10th, 2017 - 01:12 GMT

Iran’s Oil Exports Increase by 77 Percent in 2016: OPEC

Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO. (Emirtaes News Agency)
July 10th, 2017 - 10:07 GMT

ADNOC Unveils New, Expanded Partnership Approach as Transformation Increases Pace

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