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The Laundromat: How Russian Oil Keeps Flowing Three Years After Sanctions

April 17th, 2026 - 10:10 GMT

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 ...

During the event

October 31st, 2013 - 07:57 GMT

APICORP CEO Ahmad Bin Hamad Al Nuaimi named Newsmaker of the Year by Lloyd’s List

Dubai Electricity and Water Authority

October 31st, 2013 - 04:42 GMT

DEWA launches Strategy Pioneers initiative to promote collaboration with award-winning organisations

Iran was one of the top five suppliers of crude oil to China this year and overall production increased, the Organization of Petroleum Exporting Countries said in its monthly market report.

October 30th, 2013 - 01:42 GMT

Too close for comfort? China indebted to Iran by $22billion

According to Western diplomats in Tehran and industry officials, international oil companies that once had a presence in Iran are negotiating with the new government to return,

October 30th, 2013 - 01:02 GMT

Iran's oil industry wants its old clients back

Oil Minister Bijan Zanganeh ordered a "widespread review" of the oil contract process shortly after he took office in August in an effort to revive investment in Iran's oil sector (Courtesy of Press TV)

October 30th, 2013 - 07:11 GMT

Iran to produce new oil contract framework for foreign investors

“The Kingdom is the largest producer of oil, while China is the second largest country in the world, which has a great energy demand,” Al-Suwaiyel said.

October 29th, 2013 - 12:10 GMT

Saudi Arabia to seek China's expertise on oil refining

The loss of Egyptian gas supplies, which used to account for over 80 per cent of Jordan’s electricity generation needs, has driven generation costs to over 187 fils per kilowatt hour (kw/h).

October 29th, 2013 - 10:56 GMT

No wonder it's going nuclear: Jordan says Egypt's gas disruptions to cost it over $2 billion

“This is a licensed technology that has a proven safety record in several European countries and elsewhere, which was important in our decision,” Toukan said.

October 29th, 2013 - 08:43 GMT

It's official: Jordan set on building it's first nuclear plant and Russia is going to build it

Whilst oil demand has increased significantly over the past four decades, accessible reserves are actually increasing every year thanks to increased explorations for both conventional and unconventional oil and improved technology such as horizontal drilling

October 28th, 2013 - 07:13 GMT

Will the world run out of oil?

Al Bawaba

October 28th, 2013 - 05:03 GMT

Omanoil pioneers industry with launch of own brand of lubricants

The London-based bank can help increase Jordanian businesses’ use of renewable energy.Describing the Kingdom as a role model for social and economic reform in the region, Harmgart added that Jordan can become a leader in terms of innovation and economic transition.

October 27th, 2013 - 09:20 GMT

Grand plans: The European Bank of Reconstruction and Development opens permanent office in Jordan

Al Bawaba

October 23rd, 2013 - 11:55 GMT

Delegation from the DEWA visits South Africa to strengthen cooperation