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Oil and Renewables

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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 companies will analyse fields in the Ghasha and Hail areas through seismic, drilling and engineering studies, with the aim of potential field development. (File photo)
March 21st, 2016 - 11:00 GMT

Austria's OMV, Occidental and ADNOC to conduct offshore exploration in Abu Dhabi fields

During the event
March 21st, 2016 - 07:40 GMT

Al-Futtaim Motors and General Headquarter of UAE Armed Forces announce winner of new Land Cruiser

During the event
March 21st, 2016 - 06:18 GMT

DEWA marks International Day of Happiness with initiatives and activities for customers, staff, and society

Iran has signed an agreement to export 10 billion cubic metres of gas per year to Oman in a deal that involves building a pipeline at a cost of about $1 billion. (File photo)
March 21st, 2016 - 04:57 GMT

Iran in talks to process liquified natural gas in Oman

Oil prices have picked up, but energy companies are still apprehensive as witnessed by declines in rig activity. (File photo)
March 20th, 2016 - 07:29 GMT

Oil rallies to 2016 high on news of Doha meeting

Port Arthur Refinery in Houston, which will be solely controlled by Saudi Refining Inc after the breakup of Motiva. (AFP/File)
March 17th, 2016 - 01:39 GMT

Saudi Aramco, Shell to dissolve 20-year joint US venture

The Leviathan development plan calls for eight production wells to be drilled along with two pipelines. (File photo)
March 17th, 2016 - 01:00 GMT

Noble Energy plans to have Leviathan gas flowing by 2019

The power station in south Cairo is under development at a total cost of $1.7 billion to generate 1.950 megawatts. (File photo)
March 17th, 2016 - 12:00 GMT

Kuwait Fund approves $108M loan to Egypt for new power station

Brent and WTI crude currently stand around $39 and $37 a barrel respectively from lows of below $30. (File photo)
March 17th, 2016 - 11:00 GMT

Qatar to host oil production-freeze talks April 17

HE Saeed Mohammed Al Tayer
March 17th, 2016 - 09:56 GMT

UAE Water Aid starts accepting applications for Mohammed bin Rashid Al Maktoum Global Water Award worth $1 million

Prior to the civil war, Libya was producing more than 1 million bpd, compared to 480,000 bpd in 2014.  (Oilpro)
March 17th, 2016 - 09:00 GMT

Libyan oil production at five-year low

ROSATOM
March 16th, 2016 - 09:57 GMT

First Meeting of the Joint Saudi-Russian Coordination Committee

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