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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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Russian oil company Lukoil started production from the West Qurna-2 oil field, located in southern Iraq, in early 2015.  (Baghdad2)
December 20th, 2016 - 08:00 GMT

Russia's Lukoil: No directive to curb Iraq oil production received

During the event
December 20th, 2016 - 05:35 GMT

DEWA organises Energy Storage workshop in cooperation with CENER

Even at full capacity, Egyptian and Israeli electricity grids, together with Gaza's sole power plant, fail to cover the Gaza Strip’s energy needs and only provide energy to Gaza’s inhabitants for eight hours each day. (Shutterstock)
December 20th, 2016 - 05:27 GMT

Gaza's power company accuses Israel of delaying electricity line repairs

Oman’s first commercial renewable power project is already in operation in Al Mazyunah in Dhofar region. (Shutterstock)
December 19th, 2016 - 09:00 GMT

Oman's diversification program sets ten percent renewable energy target

Announced in April, the Vision 2030 strategy sets 9.5 GW as an ‘initial target’ to help build the renewables sector, noting that energy consumption will triple in the next 14 years. (Shutterstock)
December 19th, 2016 - 07:00 GMT

High demand for solar energy in Saudi is a landmark opportunity for investors: Report

During the event
December 18th, 2016 - 11:07 GMT

MD & CEO receives Spanish Ambassador to the UAE and Spanish delegation

As part of the agreement, BP will second up to 50 technical staff to Adco, bringing technology, expertise and experience to support the ongoing efficient operation and development of the assets. (File photo)
December 18th, 2016 - 07:00 GMT

BP strikes $2.2B oil concession deal with Abu Dhabi

The joint ventures with Nabors and Rowan are part of a strategy to develop a best-in-class drilling industry in Saudi Arabia. (YouTube)
December 15th, 2016 - 10:00 GMT

Saudi Aramco signs new drilling JV with Nabors and Rowan

Petrofac has a long track record in Iraq, helping with the export of more than 1.5 billion barrels of oil over the past four years. (File photo)
December 15th, 2016 - 05:13 GMT

Iraq to reach 'export milestones' with Petrofac's $75M oil facility expansion

The Breakthrough Energy Coalition shows that clean energy and economic development are not mutually exclusive. (Arab Times)
December 14th, 2016 - 01:00 GMT

Saudi Prince Al Waleed donates $50M to Bill Gates' Breatkthrough Energy Ventures initiative

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
December 14th, 2016 - 12:21 GMT

HH Sheikh Mohammed bin Rashid Al Maktoum honours DEWA at Arab Social Media Influencers Summit

OPEC's production agreement enters into force in January, though producers are already pumping oil at record levels. (File photo)
December 14th, 2016 - 08:00 GMT

IEA cautions against high-risk oil investment in wake of OPEC deal

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