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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
December 23rd, 2014 - 10:24 GMT

DEWA launches public brainstorming campaign on social media

Saudi Arabia is the only GCC state to allow private investment in the petrochemical sector (File Archive/ AFP).
December 22nd, 2014 - 08:00 GMT

Slow going: KSA to spend $91bn to grow petchem sector

Al Bawaba
December 22nd, 2014 - 03:34 GMT

Saudi Oil Chief spills! Shoots down conspiracy theories on oil prices

Al Bawaba
December 22nd, 2014 - 02:00 GMT

Is a recession on the new year horizon for oil-concerned UAE?

Group photo of EQUATE and KFAS officials
December 21st, 2014 - 09:24 GMT

EQUATE strengthens its partnership with KFAS

Al Bawaba
December 21st, 2014 - 04:55 GMT

Gulf states brace themselves for $350 billion historic loss as oil plunge remains unabated

Al Bawaba
December 19th, 2014 - 12:29 GMT

Qatar won't do it? Bahrain to start importing gas from Russia in 2017


Kuwait Energy holds a 49.5 per cent revenue interest in the East Ras Qattara development lease
December 18th, 2014 - 11:58 GMT

A 'Jurassic' discovery: Kuwait Energy finds new hydrocarbon site in Egypt

The kingdom is the largest economy in the Arab world, and OPEC’s biggest crude producer.
December 18th, 2014 - 04:55 GMT

Stubborn, delusional, or both? Saudi Arabia to keep up 'massive' public spending package despite oil price crash

He also said OPEC would need to see how badly the market was oversupplied and for signs of demand picking up.
December 17th, 2014 - 06:18 GMT

Playing with oil? OPEC signals 'wait and see' approach could last a year

Last week, both 95-octane and 98-octane gasoline fell by LL800 and are now priced at LL26,400 and LL27,100 (17 USD and 18 USD).
December 17th, 2014 - 02:26 GMT

The happier side: fuel prices in Lebanon drop

Al Bawaba
December 17th, 2014 - 11:29 GMT

ENOC inks Deal with ADNOC for Strategic Transfer of its Sharjah Non-operational Facilities

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