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Oil and Renewables

Oil and Renewables latest

The lights were always going to go out: inside Lebanon's electricity affair
April 24th, 2026 - 09:42 GMT
Al Bawaba Staff

Al Bawaba Staff

The lights were always going to go out: inside Lebanon's electricity affair

As per Lebanese regulation, before any fuel cargo is accepted into Lebanon, it must undergo laboratory testing. And the body responsible for said testing? The Ministry of Energy. Électricité du Liban, the state-owned electricity company, relies heavily on fuel imports as it still uses fossil fuels. Surprisingly enough, the World Bank attributes nearly half of Lebanon's public debt (around $40 billion) to the electricity sector. Despite years of massive spending ...
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OPEC members decide to extend the oil production cut. (AFP/ File)
May 25th, 2017 - 10:53 GMT

OPEC Extends Oil Cuts for Another Nine Months

OPEC members will meet on Thursday to discuss the prolongation of the oil cut deal. (AFP)
May 24th, 2017 - 05:00 GMT

Oil Prices Stall Ahead of Pivotal OPEC Meeting

US President Donald Trump submitted a proposal to sell off half of the US oil stockpile as a way to curb the national debt. (AFP/ File)
May 23rd, 2017 - 11:15 GMT

Trump's Proposal to Sell Half of US Reserves Threatens Another Oil Glut

The chaotic scene at OPEC’s ordinary meeting on December 4, 2015. (AFP/ File)
May 22nd, 2017 - 02:06 GMT

Stay, Cut or Hike Production: What Will OPEC Choose to Do?

E-Fill operates by establishing a direct link between a customers’ Head Office and the filling station office via non-transferrable tags attached to vehicles and outfitted with RFID technology.
May 22nd, 2017 - 11:00 GMT

Oman Oil Marketing Company introduces E-Fill tags to enhance commercial fuel management at filling stations

Iran's President Hassan Rouhani taking a tour of Russian-backed Bushehr nuclear power complex on September 10, 2016. (AFP)
May 21st, 2017 - 11:30 GMT

Iran Amps Up Electricity Exports to Iraq Despite Outstanding Debts

Jebel Ali K-Station
May 21st, 2017 - 06:35 GMT

Siemens completes extensive service of Jebel Ali K-station’s gas turbines in record time

US President Donald Trump and his wife Melania step off a plane upon arrival at Andrews Air Force Base in Maryland on January 19, 2017. (AFP/ Mandel Ngan)
May 17th, 2017 - 12:32 GMT

Saudi Arabia to Sign At Least 10 Oil Deals With US During Trump's Visit: Aramco

A Chinese traditional dance troupe performs at the inauguration ceremony of the Yanbu Aramco Sinopec Refining Company Project in Riyadh on January 20, 2016. (AFP/ Fayez Nureldine)
May 17th, 2017 - 12:00 GMT

Saudi Arabia, China Ink $10-Billion Oil Refinery Deal

Oman Oil Marketing Company - Lubricant Promotion In Al Ashkara
May 17th, 2017 - 05:53 GMT

Oman Oil Marketing Company draws winners of lubricants promotion in Al Ashkara

Saudi Aramco has appointed a new senior deputy chairman, eight executives and six deputy chairmen ahead of its much- anticipated IPO. (AFP/ File)
May 16th, 2017 - 05:00 GMT

Saudi Aramco Announces Key Appointments Ahead of IPO

Kuwait’s oil minister Essam Marzouk has expressed his country’s support for an oil cut deal extension previously agreed by Saudi Arabia and Russia. (AFP/ Yasser Al-Zayyat)
May 16th, 2017 - 11:30 GMT

Kuwait Backs Saudi, Russian Call to Extend Oil Output Cut Into 2018

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