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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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A number of foreign partners have reduced investments in the sector for the upcoming period, which will cause average natural gas production to stabilise.
July 13th, 2014 - 02:14 GMT

Egypt marks the end of subsidies with $6.3 billion in debt to foreign oil and gas companies

Reorganizing the shipments thanks to delayed efforts to secure a terminal will add to headaches.
July 11th, 2014 - 02:16 GMT

How a terminal is standing in the way of Egypt's ambitions to restore its gas industry

After that deal, shipments from Zueitina were delayed because of damage from the blockade, while Hariga has seen only a few tanker loadings.
July 11th, 2014 - 01:42 GMT

A glimpse of normalcy: how the restarting of the El-Sharara oil reignited hope for the Libyan economy

Al Bawaba
July 10th, 2014 - 02:40 GMT

Thanks to Libya's slight comeback, oil prices settle at one month low

Discussing other factors that may potentially influence Arabian oil, Anderson said he did not expect political disruptions to affect oil passage through the Strait of Hormuz.
July 10th, 2014 - 02:32 GMT

Wishful thinking? US shale revolution won't affect the Middle East, says second opinion

Al Bawaba
July 9th, 2014 - 08:46 GMT

Oman oil company partners with ‘Klmaten Ras’ to promote culture of reading in oman

Al Bawaba
July 9th, 2014 - 03:55 GMT

With the US about to become a net exporter, is the ME’s crude oil on its way to dispensablity?

Al Bawaba
July 8th, 2014 - 04:25 GMT

EMGAS launches ‘Safe Cylinder, Safe Family’ campaign

The search for gas has been a priority for Saudi Arabia as it struggles to keep pace with rapidly rising domestic demand.
July 7th, 2014 - 11:44 GMT

It's complicated: Shell gives up its gas investments in Saudi Arabia

Al Bawaba
July 7th, 2014 - 10:51 GMT

DEWA receives delegation from Commercial Bank of Dubai

Yemen's income from oil exports tumbled by over 64 per cent to $73.4 million in May from a year ago,
July 7th, 2014 - 03:55 GMT

How much more can the country handle? Yemen's oil exports down 60%

Al Bawaba
July 7th, 2014 - 01:01 GMT

The end of the energy market as we know it: US overtakes Russia and Saudi Arabia as world's largest oil and gas producer

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