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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
November 16th, 2014 - 07:33 GMT

Remarkable participation by Emarat at ADIPEC 2014

Kuwait plans more than $40 billion of investment to significantly increase its capacity to produce oil and gas
November 14th, 2014 - 12:39 GMT

Counting on fading demand? Kuwait to invest $40 billion in oil and gas projects

Iran has said the steep fall in oil prices this year is the result of deliberate moves by some exporters who have kept production high to undermine Tehran’s sanctions-hit economy.
November 13th, 2014 - 06:55 GMT

Saudi, be wary: Iran, Kuwait meet over declining oil prices

Oil in October fell below $83 a barrel and on Tuesday reached $80.46, its lowest since 2010.
November 13th, 2014 - 04:55 GMT

Giving in? OPEC finally admits reduced oil demand in 2015

Al Bawaba
November 12th, 2014 - 10:00 GMT

EQUATE receives regional sustainability award

Al Bawaba
November 12th, 2014 - 09:39 GMT

How jobs and skills will solve the GCC oil dependency issue

Al Bawaba
November 12th, 2014 - 08:39 GMT

Abu Dhabi firm wins major $3 billion deal for Nasr Field project

Al Bawaba
November 12th, 2014 - 04:55 GMT

ISIL may have smuggled oil into Turkey- using donkeys

Kuwait has no plans to cut its own crude production, which should increase to 4 million barrels from a current by 2020,
November 11th, 2014 - 07:20 GMT

Keep calm and carry on: OPEC will not slash oil output

"We need to put policy on it. We need to put an order to it so we can do something regarding consumption."
November 11th, 2014 - 02:01 GMT

The tide is shifting: Petrol subsidy reform looms over Kuwait

“The Shah Gas Project is on track to commence production in 2014."
November 11th, 2014 - 01:29 GMT

The worst time possible? UAE invested $70 billion to boost oil an gas output

Markets should not panic over the recent plunge of oil prices because the situation will resolve itself,
November 11th, 2014 - 02:01 GMT

Rational or delusional? OPEC boss says oil price situation will 'fix itself'

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