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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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 North America's shale boom has started to squeeze Saudi oil out of the US market,
October 20th, 2014 - 10:21 GMT

What market share? Saudi oil exports fall to lowest level in three years

Dr. Rahma bin Mohamed Al Shamsi, Retail Sales Director at Emarat
October 20th, 2014 - 06:26 GMT

Emarat seeks attracting investors to its brands

Al Bawaba
October 20th, 2014 - 04:26 GMT

DEWA launches Partnership Portal

For the MENA region, economic dynamics are increasingly diverging between the GCC countries and the rest of the region.
October 20th, 2014 - 03:55 GMT

One's catastrophe, another's celebration: Middle East's oil importing states benefiting lower oil prices

Al Bawaba
October 20th, 2014 - 03:55 GMT

Fifty years later, things get tense: Kuwait union slams Saudi 'unilateral' halt to joint output

On receipt of the funds from refiners, the RBI would buy dollars from authorized dealers.
October 19th, 2014 - 12:01 GMT

India is about to pay Iran half a billion dollars, and that's the 'tip' of the oil deal

Saudi Arabia will make sure it will sell its oil first, regardless of the state of the oil markets.
October 19th, 2014 - 11:31 GMT

Reading the signs behind plummeting oil prices: Saudi-led price war or simple supply and demand?

Kuwait has boasted a budget surplus in each of the past 15 fiscal years, helping to increase its sovereign wealth fund to more than $500 billion, according to unofficial estimates.
October 19th, 2014 - 03:55 GMT

There's no going back: Kuwait quietly triples diesel and kerosene prices

The shale revolution has been driven by hundreds of disparate U.S. companies drilling thousands of new wells.
October 16th, 2014 - 11:29 GMT

Wishful thinking: is Saudi Arabia slowly, but maturely, winning the global oil price war against the US?

"Nevertheless, further oil price drops would likely be needed for supply to take a hit — or for demand growth to get a lift," the agency said in its October report.
October 16th, 2014 - 03:55 GMT

A free fall? IEA cuts oil demand outlook, says prices could fall further for THIRD time this month

Al Bawaba
October 15th, 2014 - 08:15 GMT

Qatar to enter phase 3 of Hamad international airport

Al Bawaba
October 14th, 2014 - 08:14 GMT

OILWELL7 Jobs are open for all job Seekers in Saudi Arabia

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