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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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Increase in global supply will result in a drop in oil prices. (Image credit: Shutterstock)
December 11th, 2013 - 06:55 GMT

Investor alert: Oil to drop by $10 in 2014

ENOC receiving the award
December 10th, 2013 - 09:52 GMT

ENOC wins YBL Award for ‘Best Supporting Entity to the Government Procurement Programme’

The emirate of 2.2 million people, with its economy rebounding as local hospitality and property industries flourish, expects to attract 25 million visitors during the six-month show starting October 20, 2020
December 10th, 2013 - 03:55 GMT

Anything for the Expo 2020, Dubai splurges on going solar

The supreme tragedy is that the US has bankrupted itself ensuring military security for the oil-producing nations of the Gulf when oil production is destroying the world
December 9th, 2013 - 10:50 GMT

Arab conspiracy theorists, be thrilled: the US pentagon has spent $8 trillion to guard Gulf oil and destabilize the Middle East

Egypt has signed oil and gas exploration agreements with Apache Corporation, Royal Dutch Shell and GDF Suez, the Egyptian state news agency reported.
December 9th, 2013 - 03:55 GMT

Desperate for an economic makeover, Egypt signs historic oil exploration deals with foreign firms

Lebanon plans to convert the LNG into natural gas (Shutterstock)
December 8th, 2013 - 11:56 GMT

Lebanon looks forward to liquefied natural gas to cut country's growing energy costs

Iranian Oil Minister Bijan Zanganeh named the seven in order: Total of France, Royal Dutch Shell, Italy's ENI, Norway's Statoil, Britain's BP and US companies Exxon Mobil and ConocoPhillips .
December 8th, 2013 - 03:55 GMT

Candid wishlist: Iran is not so subtle when it comes to the oil clients it wants back

Energy ministers from Opec countries agreed yesterday to keep the group’s target for crude output unchanged at 30mn bpd.
December 5th, 2013 - 02:56 GMT

Nothing exciting about the new oil production rate set by OPEC

UAE wants 1% of its total energy production to come from solar power by 2020 (Courtesy of the Arabian Gazette)
December 5th, 2013 - 12:49 GMT

As Dubai powers up for 2020 World Expo, energy consumption expected to increase 20%

Al Bawaba
December 5th, 2013 - 03:55 GMT

Mission (im)possible? Libya aiming to restore oil output in two weeks

EXPO 2020 represents an opportunity to set environmental standards for events and indeed entire cities. (Image credit: Shutterstock)
December 4th, 2013 - 01:12 GMT

How Dubai Expo 2020 can benefit our planet and future generations

Iran's Oil Minister Bijan Zanganeh said that Tehran has "no technical difficulties to expand our exports and to return to four millions barrels a day" once political obstacles, referring to sanctions, are lifted (Courtesy of Press TV)
December 4th, 2013 - 06:59 GMT

Iran gears up for OPEC meeting, says Tehran to "immediately" increase exports

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