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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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Al Bawaba
January 13th, 2015 - 11:53 GMT

Six-year low: oil prices slump further

Iranian President Hassan Rouhani said Tuesday that countries behind the fall in global oil prices would regret their decision.
January 13th, 2015 - 07:56 GMT

A threat or a prophecy? Iran's Rouhani says countries behind oil price drop will suffer

Lebanon has witnessed a sharp decrease in fuel prices over the past month as Brent crude hit a five-and-a-half-year low of less than $50 a barrel.
January 13th, 2015 - 07:49 GMT

Another loser, another winner: Lebanon to cut transport fees as oil prices drop

Saeed Khoory, Chief Executive Officer of ENOC
January 13th, 2015 - 11:49 GMT

ENOC donates AED 1 million to the Tarahamu (Show Compassion) campaign

Al Bawaba
January 12th, 2015 - 04:44 GMT

The chicken and the egg: Goldman Sachs oil price slashed forecast brings prices down to six year low

Al Bawaba
January 12th, 2015 - 03:50 GMT

Venenzualan, Iranian attempts to get OPEC to cut output 'hits brick wall'

Al Bawaba
January 12th, 2015 - 03:02 GMT

Saudi Arabia and UAE can last a while: why there isn't really an end in sight to the oil price plunge

Al Bawaba
January 12th, 2015 - 09:01 GMT

DEWA installs donation boxes in all its branches for staff to participate in the Show Compassion campaign

Al Bawaba
January 12th, 2015 - 04:55 GMT

After Iran, Venezuelan president arrives in Saudi Arabia in hopes to settle oil crisis

The slump in oil prices will have a significant impact on the Lebanese economy.
January 12th, 2015 - 01:11 GMT

Big savings: the expected benefits and unexpected costs of the oil price slump on the Lebanese economy

Al Bawaba
January 12th, 2015 - 12:55 GMT

Desperate for a change: Egypt inks six new energy deals

Al Bawaba
January 11th, 2015 - 11:46 GMT

It's American business, after all: US judge allows Iraq to sue Kurdistan over Texas oil tanker

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