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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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30 billion EGP in savings
December 23rd, 2014 - 11:16 GMT

Oil price plummet plays into Egypt's interest: Spares Budget 30 billion EGP in energry subsidies

During the event
December 23rd, 2014 - 10:32 GMT

Oman Oil Company and OPALs ‘my job, my oath’ programme reaches more than 1,200 participants by end of year

Al Bawaba
December 23rd, 2014 - 10:24 GMT

DEWA launches public brainstorming campaign on social media

Saudi Arabia is the only GCC state to allow private investment in the petrochemical sector (File Archive/ AFP).
December 22nd, 2014 - 08:00 GMT

Slow going: KSA to spend $91bn to grow petchem sector

Al Bawaba
December 22nd, 2014 - 03:34 GMT

Saudi Oil Chief spills! Shoots down conspiracy theories on oil prices

Al Bawaba
December 22nd, 2014 - 02:00 GMT

Is a recession on the new year horizon for oil-concerned UAE?

Group photo of EQUATE and KFAS officials
December 21st, 2014 - 09:24 GMT

EQUATE strengthens its partnership with KFAS

Al Bawaba
December 21st, 2014 - 04:55 GMT

Gulf states brace themselves for $350 billion historic loss as oil plunge remains unabated

Al Bawaba
December 19th, 2014 - 12:29 GMT

Qatar won't do it? Bahrain to start importing gas from Russia in 2017


Kuwait Energy holds a 49.5 per cent revenue interest in the East Ras Qattara development lease
December 18th, 2014 - 11:58 GMT

A 'Jurassic' discovery: Kuwait Energy finds new hydrocarbon site in Egypt

The kingdom is the largest economy in the Arab world, and OPEC’s biggest crude producer.
December 18th, 2014 - 04:55 GMT

Stubborn, delusional, or both? Saudi Arabia to keep up 'massive' public spending package despite oil price crash

He also said OPEC would need to see how badly the market was oversupplied and for signs of demand picking up.
December 17th, 2014 - 06:18 GMT

Playing with oil? OPEC signals 'wait and see' approach could last a year

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