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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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Al Bawaba
March 11th, 2015 - 08:23 GMT

Back to Morsi's days? Egypt hit by new fuel crisis

World prices dropped at close on Friday as the dollar rose sharply, making dollar-priced crude more expensive for buyers using weaker foreign currencies.
March 10th, 2015 - 02:39 GMT

Kuwait: Oil prices to stabilize at $50, $60

Al Bawaba
March 10th, 2015 - 07:21 GMT

Aramco exaggerates? Senior exec claims $1 trillion worth of energy projects cancelled

A two-thirds drop in Asian LNG prices is making the fuel cost competitive against oil in the industrial power sector.
March 9th, 2015 - 12:46 GMT

It's never over: Goldman Sachs says oil prices can fall back to $40

During the event
March 9th, 2015 - 11:22 GMT

DEWA signs MoU with Hamdan bin Rashid Al Maktoum Award for distinguished academic performance

Al Bawaba
March 9th, 2015 - 07:12 GMT

RAK Petroleum reports Côte d'Ivoire Discovery

While admitting that the dramatic drop in oil prices was causing panic and fear in the market, he stressed that the UAE has seen worse.
March 8th, 2015 - 07:16 GMT

How the UAE plans to break free of oil dependency

During the event
March 8th, 2015 - 10:40 GMT

EQUATE, EPA, GPCA form partnership for Waste Free Environment campaign in Kuwait With the participation of over 300 employees, students & volunteers

During the visit
March 8th, 2015 - 08:43 GMT

MD & CEO of DEWA receives Malaysian Consul General in Dubai

Ghamsari said that the oil price wouldn't go above $60/barrel in the next two years.
March 8th, 2015 - 08:30 GMT

A new approach: Iran announces supporting cheap oil for the first time

Saudi Arabia is expected to grow at 2.6 per cent, according to a report by Samba Financial Group.
March 8th, 2015 - 04:55 GMT

Injecting stimulus: King Salman resorts to welfare spending at times of gloomy oil

Al Bawaba
March 7th, 2015 - 10:43 GMT

A critical milestone: BP overlooks geopolitical risk and announces $12 billion investment in Egypt

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