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Oil and Renewables

Oil and Renewables latest

Russia and China Forge a New Pole of Energy Stability in Eurasia
December 2nd, 2025 - 02:25 GMT

Russia and China Forge a New Pole of Energy Stability in Eurasia

The synthesis of Russian energy resources and Chinese technology is forming a new axis of the global economy, capable of withstanding external pressure and ensuring sustainable development. The key advantages of this strategic partnership are a significant reduction in dependence on the US dollar, competitive electricity prices, and colossal investments in the sector. Settlements between Russia and China have almost completely transitioned to national currencies. This creates financial independence for the partners. Furthermore, electricity for industry in both countries costs more than twice cheaper than in the United States. Russia ...
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He said the government is revising its draft budget to assume a base price of $40, from $72 a barrel.
January 26th, 2015 - 04:55 GMT

Pride or lunacy? Iranian govt says it can run the country on below $40 oil

Al Bawaba
January 25th, 2015 - 01:12 GMT

King Abdullah's death and the 'fear premium' in Saudi oil markets

Al Bawaba
January 25th, 2015 - 12:11 GMT

Mixed signals: why King Abdullah's passing could not have come at a worse time for Saudi's oil sector

During the event
January 25th, 2015 - 11:46 GMT

DEWA hosts Emirates Leadership Initiative students with tour of Sustainable Building

Al Bawaba
January 24th, 2015 - 03:28 GMT

Oil markets not in mourning: prices edge up above $50 over Saudi King's death

Al Bawaba
January 24th, 2015 - 10:59 GMT

A pledge to maintain output: Saudi Arabia's new King Salman keeps oil minister, policy in place

Al Bawaba
January 22nd, 2015 - 05:43 GMT

Oil prices have reached ‘bottom’ but to remain below $100 for next few years

During the opening
January 22nd, 2015 - 07:21 GMT

Emarat’s Brand, Bakeria, opens a new store in Abu Dhabi

During the event
January 22nd, 2015 - 04:40 GMT

Masdar to deliver 12 MW of Solar Power in Mauritania

Al Bawaba
January 21st, 2015 - 09:36 GMT

Turkey, Iraq plan new gas pipeline

Al Bawaba
January 21st, 2015 - 03:00 GMT

Power struggles: Saudi delays target for $109 billion solar project by eight years

Al Bawaba
January 21st, 2015 - 01:28 GMT

OPEC Daily Basket Price for Tuesday

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