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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 14th, 2014 - 06:09 GMT

EQUATE sponsors Engineering College’s Career Fair


With $60 mark already there, some others too are now saying that $50 is in sight
December 14th, 2014 - 05:55 GMT

Oil markets downward spiral 'unbriddled'

Al Bawaba
December 11th, 2014 - 04:40 GMT

The blame game commences: Rouhani calls plunging oil prices 'political conspiracy'

"I can't accept having my history stigmatised with approving a deal that might harm Jordan and Jordanians. The government is here to serve the country and its interests," the premier said.
December 10th, 2014 - 09:32 GMT

Not 'sitting' well? Jordan's Lower House recommends scrapping tentative gas deal with Israel

Jordan currently imports 97% of its energy, paying at least double what it would pay for Israeli gas.
December 10th, 2014 - 06:01 GMT

Jordan's energy minister wholeheartedly sells gas deal with Israel

Oil prices will stay at about $65 a barrel for at least half a year until OPEC changes its collective production
December 10th, 2014 - 05:36 GMT

Kuwait says oil prices 'stuck' at $65, unless OPEC changes it mind

Al Bawaba
December 10th, 2014 - 03:53 GMT

In for the long haul? BP to invest $12 billion in solving Egypt's energy crisis

While the six sovereign states in the GCC can withstand the pressure of oil prices averaging around Moody's estimate of $80 to $85 a barrel in 2015.
December 10th, 2014 - 03:38 GMT

Structural weakness or bad luck? Oman, Bahrain will be pinched the hardest by lower oil prices

In addition to the inventory situation, the move in oil prices is related to developments in currency markets.
December 10th, 2014 - 02:16 GMT

Dear oil, now what?

The low price scenario is the least favourable to most of the major oil producers but does not represent a catastrophe for the oil industry.
December 9th, 2014 - 03:34 GMT

How many lost battles will it take? Saudi Arabia leads price war on US shale producers

 
Egypt will be the second – after Kuwait – to sign a nuclear memorandum with Jordan.
December 9th, 2014 - 02:33 GMT

No Israel this time? Jordan, Egypt sign agreement to cooperate on nuclear energy

Al Bawaba
December 9th, 2014 - 09:28 GMT

EQUATE sponsors Kuwait’s 5th annual convention of disabled persons

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