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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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Development of the part jointly owned with the Saudis has been frozen for a year, according to Al-Rai.
November 3rd, 2014 - 05:55 GMT

First oil, now gas: Kuwait, Saudi Arabia in new conflict over energy

 Saudi Arabia slashed November prices last month, sparking talk of an emerging price war.
November 2nd, 2014 - 10:27 GMT

Strong Dubai, weak oil demand source of Saudi pains

Al Bawaba
November 2nd, 2014 - 08:37 GMT

DEWA rolls out AED 39,000 Best Consumer Awards for 2014

Al Bawaba
November 2nd, 2014 - 07:07 GMT

Emarat carries out a successful fire drill in the Central Workshop in Al Qusais

Cyprus, a member of the European Union, is anxious to develop the gas reserves in its so-called exclusive economic zone -- an offshore region lying south of the island.
October 31st, 2014 - 12:01 GMT

Please stop: Greece, Egypt, Cyprus urge Turkey to quit 'illegal' gas search

Al Bawaba
October 30th, 2014 - 09:43 GMT

ENOC Lubricants Marketing highlights capabilities of ELOMP at the 11th ME Base Oils & Lubricants Conference

The price of benchmark North Sea Brent crude has dropped more than a quarter from a high above $115 per barrel
October 29th, 2014 - 07:29 GMT

'Don't Panic' says OPEC Secretary General

Al Bawaba
October 29th, 2014 - 09:25 GMT

ENOC hosts breast cancer awareness day in partnership with Pink Caravan

Brent is set to average $85 a barrel in the first quarter, down from a previous forecast of $100.
October 28th, 2014 - 05:56 GMT

A self-fulfilling prophecy? Not really. Goldman Sachs slashes oil price forecast, brings prices further down

Al Bawaba
October 28th, 2014 - 10:29 GMT

Cylingas EHS statistics records, 1.2 Million safe man hours without LTI, on various phases of Project ELOMP

Al Bawaba
October 28th, 2014 - 07:34 GMT

RAK Petroleum to launch initial public offering in Norway

Iraq's oil supplies were held back by decades of war and sanction
October 27th, 2014 - 07:42 GMT

What IS? Iraq oil exports undettered by regional turmoil

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