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Oil and Renewables

Oil and Renewables latest

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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Al Bawaba
December 15th, 2014 - 03:26 GMT

Perfect timing for some? Libya's largest oil port shuts down

Al Bawaba
December 14th, 2014 - 06:28 GMT

More like the ‘gold’ lining? Oil price fall a golden opportunity to switch to clean energy, says IEA

Al Bawaba
December 14th, 2014 - 06:17 GMT

Keeping up the fight for market share? Saudi oil production inches up in November

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?

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