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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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Oil prices will dip as demand weakens coupled with increased output, experts predict
April 24th, 2013 - 11:27 GMT

Excess supply to hit oil prices in next 5 years

In order to reach the initially identified deeper targets, oil and gas companies would have needed to drill about 6-7 km deep
April 24th, 2013 - 08:41 GMT

Lebanon's gas could be easily accesible, experts claim

IMF believes subsidy reform is a way for the government to focus on more meaningful ways to help the most vulnerable in society and spend more on other key utilities
April 24th, 2013 - 08:25 GMT

MENA biggest spender on subsidies

Fuel prices in Jordan are set to drop
April 24th, 2013 - 07:04 GMT

Fuel prices in Jordan to drop

The EU has eased its sanctions on Syria in an effort to boost the rebels
April 23rd, 2013 - 10:52 GMT

EU lifts Syria oil embargo

Egypt has awarded gas exploration deals for the Nile Delta region
April 23rd, 2013 - 10:18 GMT

Egypt awards gas exploration contracts

Al Bawaba
April 23rd, 2013 - 09:35 GMT

Octal raises awareness on hypertension as part of World Health Day initiatives

Iran is owed billions in oil revenues which customers who have been unable to pay because of sanctions imposed on the Islamic republic
April 23rd, 2013 - 08:53 GMT

Iran is owed billions in oil revenues

The U.S. is expected to produce an estimated 230 million tons of gas over the next decade
April 23rd, 2013 - 08:46 GMT

Lebanese offshore has may not be the big money spinner it hopes

UAE central bank chief urges oil exporters to diversify more
April 23rd, 2013 - 08:40 GMT

UAE Central bank boss urges oil exporters to diversify

Iran is looking to try and sell oil to North Korea.
April 22nd, 2013 - 12:12 GMT

Iran looking to sell oil to North Korea

Eni, the Italian energy company, is hoping to ensure the safety of the Trans-Mediterranean gas pipeline
April 22nd, 2013 - 11:38 GMT

Eni reviews security at Tunisian facility

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