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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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"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'

Lower oil prices would lead to the reduction of the deficit incurred by Lebanon’s state-owned electricity company, improvement.
November 11th, 2014 - 01:56 GMT

Nothing lasts forever: how the oil price slump will affect Lebanon

On average, hydrocarbon revenues constitute 46 per cent of nominal GDP and three-quarters of total exports for the six GCC countries.
November 11th, 2014 - 01:02 GMT

The domino effect: oil price decline to dampen infrastructure in the GCC

Iran’s relations with the West have thawed since relative moderate Hassan Rouhani was elected president last year seeking to end Iran’s international isolation.
November 10th, 2014 - 12:47 GMT

History in the making? US, EU, and Iran commence nuclear negotiations in Oman

Conspiracy theorists seem in abundance - and - all around!
November 10th, 2014 - 12:10 GMT

To be taken with a grain of salt: conspiracy theorists have 'perfect' explanations for what's happening in the oil market

 S&P said that Oman and Bahrain were the most vulnerable to any drop in oil prices while Qatar and the UAE were the least vulnerable.
November 9th, 2014 - 11:53 GMT

Can the same be said about real estate? Dubai 'insulated' from oil price slide

Al Bawaba
November 9th, 2014 - 08:29 GMT

ENOC marks CSR milestone with 10th edition of ‘ENOC Challenge’ to empower people with special needs

According to various estimates, IS receives $1 million to $3 million from illegal transactions of Iraqi oil every day.
November 9th, 2014 - 05:55 GMT

Down the drain: Iraqi economy losing $1.2 billion each month on Kirkuk-Ceyhan pipeline

Al Bawaba
November 6th, 2014 - 06:48 GMT

Can GCC citizens be taken off subsidies?

Al Bawaba
November 6th, 2014 - 06:23 GMT

Maybe if you believe it enough, it will happen: OPEC says oil demand will soar 60%

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