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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
November 16th, 2014 - 11:12 GMT

ENOC Retail’s ZOOM wins ‘Most Admired Retailer of the Year – Food & Grocery’ at Retail ME Awards

Al Bawaba
November 16th, 2014 - 08:17 GMT

Jordan Mines Co profits rise to $32.5 million in 2014

Al Bawaba
November 16th, 2014 - 07:33 GMT

Remarkable participation by Emarat at ADIPEC 2014

Kuwait plans more than $40 billion of investment to significantly increase its capacity to produce oil and gas
November 14th, 2014 - 12:39 GMT

Counting on fading demand? Kuwait to invest $40 billion in oil and gas projects

Iran has said the steep fall in oil prices this year is the result of deliberate moves by some exporters who have kept production high to undermine Tehran’s sanctions-hit economy.
November 13th, 2014 - 06:55 GMT

Saudi, be wary: Iran, Kuwait meet over declining oil prices

Oil in October fell below $83 a barrel and on Tuesday reached $80.46, its lowest since 2010.
November 13th, 2014 - 04:55 GMT

Giving in? OPEC finally admits reduced oil demand in 2015

Al Bawaba
November 12th, 2014 - 10:00 GMT

EQUATE receives regional sustainability award

Al Bawaba
November 12th, 2014 - 09:39 GMT

How jobs and skills will solve the GCC oil dependency issue

Al Bawaba
November 12th, 2014 - 08:39 GMT

Abu Dhabi firm wins major $3 billion deal for Nasr Field project

Al Bawaba
November 12th, 2014 - 04:55 GMT

ISIL may have smuggled oil into Turkey- using donkeys

Kuwait has no plans to cut its own crude production, which should increase to 4 million barrels from a current by 2020,
November 11th, 2014 - 07:20 GMT

Keep calm and carry on: OPEC will not slash oil output

"We need to put policy on it. We need to put an order to it so we can do something regarding consumption."
November 11th, 2014 - 02:01 GMT

The tide is shifting: Petrol subsidy reform looms over Kuwait

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