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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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Seismic studies have indicated that Lebanon may possess trillions of cubic feet of oil and natural gas in its waters, a discovery that could boost international confidence in Lebanon’s economic future. (Shutterstock)
January 5th, 2017 - 07:05 GMT

Lebanon passes long-awaited decrees on oil and gas exploration

Earlier selloff came as traders grew anxious about whether OPEC members and other oil producers would scale back output as part of a deal agreed in late 2016. (Shutterstock)
January 5th, 2017 - 06:15 GMT

Oil edges higher as Kuwait confirms commitment to cutting output

According to the National Iranian Oil Co., it's a "big step" in opening Iranian oil and natural gas fields up to Western investors. (AFP/Flle)
January 4th, 2017 - 08:00 GMT

Iran courts foreign oil and gas investors

Al Bawaba
January 3rd, 2017 - 12:00 GMT

Egypt cuts arrears to foreign oil companies to $3.5B

A new advertising campaign will explain the system for using the fuel smartcards, as well as the places for getting them. (Shutterstock)
January 2nd, 2017 - 11:00 GMT

Egypt rolls out gasoline smartcard system

During the visit
January 2nd, 2017 - 09:42 GMT

HE Saeed Mohammed Al Tayer discusses ways to enhance collaboration with Italy's Ambassador to the UAE

Egypt aspires to increase its oil and gas production to meet the growing domestic demand for energy. (File photo)
December 29th, 2016 - 11:30 GMT

New Egyptian oil and gas agreements worth $220M

OPEC and non-OPEC members agreed to meet Jan. 13 to review compliance with recent agreements to start cutting production next week. (File photo)
December 29th, 2016 - 06:30 GMT

As oil production cut compliance date nears, Iraqi statement edges crude prices higher

Egypt currently has 12 natural gas field development projects underway worth a total of $33 billion in investment
December 28th, 2016 - 10:00 GMT

Egypt: Italy's Eni to explore two more Mediterranean gas fields

During the event
December 28th, 2016 - 05:19 GMT

DEWA completes 53% of M-Station expansion

Talks will also focus on accelerating the start of the planned oil and gas pipeline project from Iraq to Jordan. (File photo)
December 27th, 2016 - 08:00 GMT

Discussions put Jordanian-Iraqi oil pipeline construction back in the spotlight

During the event
December 22nd, 2016 - 08:58 GMT

ENOC offers customers a chance to win 34 cars and AED 19 million in total prizes this Dubai Shopping Festival

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