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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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Dozens of Lebanese firms are moving their operations abroad, the head of the Beirut Chamber of Commerce told The Daily Star Wednesday, amid what he termed was an “unprecedented economic slowdown.”
September 12th, 2013 - 09:37 GMT

As if the brain drain wasn't enough: energy costs could drive Lebanese businesses away

The IEA comprises OECD countries that hold strategic inventories which can be released in the event of a supply disruption in oil markets.
September 9th, 2013 - 01:24 GMT

Oil might be getting expensive, but we're all covered- says IEA

"If WEC’s estimates for Israel stand, the economic balance of power between the Jewish state and surrounding Muslim countries will shift dramatically".
September 9th, 2013 - 11:17 GMT

A forever game-changer: Is Israel about to be blessed with the Arab 'oil curse'?

Al Bawaba
September 9th, 2013 - 07:59 GMT

Omanoil breaks HSSE record with 21 years of safe operations at Mina Al Fahal Distribution Terminal

Al Bawaba
September 8th, 2013 - 09:47 GMT

Can opportunists thrive on oil price madness?

The biggest damage resulting from the closure of oil facilities is the reduction in the production of oil and gas, which has caused a deficit in the general budget of the Libyan state.
September 5th, 2013 - 01:54 GMT

Libya's oil production: hitting rock bottom?

During the meeting
September 5th, 2013 - 06:31 GMT

DEWA receives delegation from Ajman Free Zone Authority

“The economics of switching to solar energy in the Middle East is ever more compelling. With oil prices increasing, and solar technology costs plummeting, it is time for governments in the Middle East to turn talk into action,” said Marc Norman. The six GCC countries altogether have sanctioned solar power installation projects worth approximately $155 billion.
September 3rd, 2013 - 02:32 GMT

The UAE and Saudi Arabia's 'bright' future-literally

“Our top priority at JIB is to attract investments in the renewable energy sector due to the dire need of the Kingdom to diversify energy resources," said Awni Rushound, CEO of the Jordan Investment Board.
September 2nd, 2013 - 06:26 GMT

Jordan's energy sector about to attract phenomenal investments

Based on the agreement, Iran would earn $3.7 billion a year from natural gas exports to Iraq.
September 1st, 2013 - 12:55 GMT

Iran to remain bound by gas export deal with Iraq

During the visit
September 1st, 2013 - 11:34 GMT

DEWA receives delegation from Federal Electricity and Water Authority

The International Atomic Energy Agency (IAEA) is providing technical assistance to GCC states in this regard.
September 1st, 2013 - 08:24 GMT

Learning the lesson: GCC plans emergency nuke alert system

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