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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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Last week, both 95-octane and 98-octane gasoline fell by LL800 and are now priced at LL26,400 and LL27,100 (17 USD and 18 USD).
December 17th, 2014 - 02:26 GMT

The happier side: fuel prices in Lebanon drop

Al Bawaba
December 17th, 2014 - 11:29 GMT

ENOC inks Deal with ADNOC for Strategic Transfer of its Sharjah Non-operational Facilities

Al Bawaba
December 17th, 2014 - 09:13 GMT

RasGas: Supporting the Vision

Al Bawaba
December 17th, 2014 - 09:04 GMT

EQUATE sponsors Kuwait Dive Team’s project to protect coral reefs

Al Bawaba
December 17th, 2014 - 06:41 GMT

Emarat takes 20 fils off diesel price

Al Bawaba
December 17th, 2014 - 04:55 GMT

Oil prices: the honeymoon is over

Al Bawaba
December 16th, 2014 - 11:12 GMT

Finally, some happy news! Oil price drop likely to lead to lower airfares next year

However, the Syrian civil war exposed deep splits within the Opec, notably between Saudi Arabia and Iran.
December 16th, 2014 - 03:45 GMT

Betting on the counterintuitive? Understanding Saudi Arabia's logic, or lack thereof, behind not cutting oil output

Dana warned the KRG could face sanctions if the autonomous region failed to pay the money to its consortium,
December 16th, 2014 - 03:29 GMT

Missed deadlines: London arbitration court orders Kurdistan to pay Dana gas $100 million

Al Bawaba
December 16th, 2014 - 09:12 GMT

ENOC hosts student delegation from Sam Houston State University in Texas

Al Bawaba
December 15th, 2014 - 06:55 GMT

Slow and ‘stubborn’ wins the race? UAE minister says OPEC won’t change output even if oil hits $40

Al Bawaba
December 15th, 2014 - 03:26 GMT

Perfect timing for some? Libya's largest oil port shuts down

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