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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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The target of the Ministry of Petroleum was to reduce its dues to less than $2.5bn by the end of 2015, and to repay its full dues by the end of 2016. (Daily News Egypt)
October 12th, 2016 - 10:00 GMT

Egypt's petroleum ministry debt to foreign companies rises to $3.6B

From the congress
October 12th, 2016 - 04:35 GMT

HE Saeed Mohammed Al Tayer participates in panel discussion during 23rd World Energy Congress in Istanbul

Omanoil - Customer Care Week 2016 Conclusion (2)
October 12th, 2016 - 04:19 GMT

Oman Oil Marketing Company succesfuly concludes ‘Customer Care Week’

The project's coalition includes Kawar energy companies, a subsidiary of Japan's Mitsubishi company and Nebras Power company, a subsidiary of Qatar Electricity and Water Company. (File photo)
October 12th, 2016 - 04:00 GMT

Jordan inaugurates MENA's largest private-sector solar energy project

Last month, Gazprom said construction could start by the end of 2017 if an intergovernmental agreement was signed in October, with the goal of completing the pipeline by 2019. (Gazprom)
October 11th, 2016 - 10:24 GMT

Turkey, Russia natural gas deal back in the pipeline

In April, Saudi Aramco signed a $23B contract with the EGPC to supply Egypt with 700,000 tonnes of oil products monthly over a five-year period. (File photo)
October 11th, 2016 - 07:00 GMT

Saudi Aramco insists halted oil shipments to Egypt are temporary

Russian President Vladimir Putin gives a speech during the 23rd World Energy Congress on October 10, 2016 in Istanbul. (AFP/Ozan Kose)
October 11th, 2016 - 06:00 GMT

Russia agrees to joining oil output curb

Egypt announced additional tenders for 665,000 tonnes of gasoil and 132,000 tonnes of gasoline for November arrival, levels that could suggest a protracted delay of Aramco products. (Shutterstock)
October 9th, 2016 - 08:30 GMT

Halted Saudi oil deliveries leave Egypt scrambling for tenders

Under the theme “Embracing New Frontiers,” the congress program will lead delegates through the current and critical issues facing the energy industry. (Shutterstock)
October 6th, 2016 - 12:00 GMT

The 23rd World Energy Congress 2016 in Istanbul hopes to 'Embrace New Frontiers'

Through its various subsidiaries, EGPC engages in all aspects of the petroleum industry. (Shutterstock)
October 6th, 2016 - 11:00 GMT

Apicorp arranges $100M Murabaha financing for Egyptian General Petroleum Corporation

The UAE mainly imports gas to generate electricity from Qatar through the Dolphin energy pipeline. (Shutterstock)
October 6th, 2016 - 09:00 GMT

Dolphin Energy, Qatar Petroleum ink LNG deal with RAK, Sharjah

The speaker said the government’s monthly assessment of petrol prices represents a “partial liberalization” of petrol prices, adding that the amount of free petrol given to citizens will vary monthly. (File photo)
October 6th, 2016 - 05:00 GMT

Kuwait plays with petrol prices, but expats will take a hit

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