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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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Iran's plan to boost oil production cloud prospects for a major rebound in crude oil prices. (File photo)
February 9th, 2016 - 10:00 GMT

Oil dips again as Saudi-Venezuelan talks make no mention of production cuts

QP have bought the 30% interest in Chevron's deep-water leases for exploration in Cap Rhir Deep, Cap Cantin Deep and Cap Walidia Deep. (Caspian Explorer)
February 9th, 2016 - 07:00 GMT

Qatar Petroleum buys stake in Chevron Morocco for offshore exploration

During the event
February 9th, 2016 - 05:50 GMT

MD & CEO of DEWA meets President and CEO of Siemens AG at World Government Summit

H.E Saeed Mohammed Al Tayer MD&CEO - DEWA
February 8th, 2016 - 06:19 GMT

DEWA to share its expertise and achievements at World Government Summit

Non-OPEC suppliers such a the US and Brazil rely on break-even costs above current prices. (Shutterstock)
February 7th, 2016 - 12:42 GMT

Low oil prices will drive non-OPEC producers to decrease output: report

Genel has received a total of $16.3M from the KRG for oil exported through a pipeline through Turkey. (Twitter)
February 7th, 2016 - 08:24 GMT

KRG oil exports earn $682M a month

Al Bawaba
February 4th, 2016 - 02:00 GMT

A glimmer of hope as analysts predict oil price rise by end 2016

The plant will push forward the green agenda and generate jobs for Bahrainis. (Shutterstock)
February 4th, 2016 - 10:28 GMT

Meba Bahrain to open country's first solar panel plant in September

Al Bawaba
February 2nd, 2016 - 12:00 GMT

Egypt green lights more Gulf of Suez drilling

Al Bawaba
February 2nd, 2016 - 09:20 GMT

Coordinated cuts to oil output unlikely despite Venezuelan push

Al Bawaba
January 31st, 2016 - 06:12 GMT

Dubai invites bids for $27B green energy fund

EQUATE President & CEO Mohammad Husain
January 27th, 2016 - 09:54 GMT

EQUATE wins regional award from Meridium

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