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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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The Kuwaiti Fund loan to finance the project will be repaid in instalments over 20 years, with a five-year grace period. (Shutterstock)
August 24th, 2016 - 05:00 GMT

Plans to link Saudi, Egypt power grid backed by Kuwaiti Fund

During the event
August 22nd, 2016 - 10:12 GMT

EQUATE participates in KISR Summer Training Course graduation ceremony for the 11th consecutive year

70,000 barrels of crude oil have been sent down the pipeline to the Mediterranean Turkish port of Ceyhan. (File photo)
August 22nd, 2016 - 06:00 GMT

Oil flow from northern Iraq-Turkey pipeline resumes

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
August 21st, 2016 - 09:56 GMT

DEWA awards consultancy contract for 4th phase Aweer Power Station ‘H’

Thirty per cent of the $10 billion project will be financed equally by Jordan and Russia. (File photo)
August 21st, 2016 - 09:00 GMT

A nuclear Jordan by 2025? Kingdom seeking funding for first nuclear power plant

Subsidising electricity generated from oil and gas has made potential growth in the renewable energy sector falter. (Shutterstock)
August 18th, 2016 - 09:00 GMT

Egypt electricity price hikes: A bitter pill to swallow

Mauritania solar network
August 17th, 2016 - 07:29 GMT

Masdar passes 50% milestone on Mauritania solar network

The estimated cost of drilling one well in Zohr concession in the Mediterranean Sea’s deep water is roughly $100m. (File photo)
August 17th, 2016 - 04:00 GMT

Egypt: Eni investment in Zohr gas plant reaches $3.5B

From the visit
August 17th, 2016 - 03:40 GMT

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA visits Mohammed bin Rashid Al Maktoum Solar Park to follow up with project implementation

An attempt to jointly freeze production levels earlier this year failed after Saudi Arabia backed out over Iran's refusal to take part of the initiative. (Shutterstock)
August 16th, 2016 - 01:17 GMT

Oil prices hit five-week high but skepticism remains over OPEC meeting

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
August 16th, 2016 - 05:14 GMT

DEWA awards construction contract for 400 kV power transformer at Hassyan Clean Coal Power Plant

Saudi-Russian bilateral cooperation was not only focused on oil prices, but also on promoting renewable energy, nuclear energy, nuclear medicine and radio-logic technology. (AFP/File)
August 15th, 2016 - 01:21 GMT

Russia warms to discussions with Saudi Arabia ahead of OPEC meeting in Algeria

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