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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
August 14th, 2014 - 11:46 GMT

Out of control: the ISIS and the oil market

 
An energy powerhouse, Iran has the second-largest reserves of natural gas in the world after Russia,
August 14th, 2014 - 11:06 GMT

Exploiting a 'gray area': Iran sidesteping international sanctions through gas byproducts

It added that Lebanon could have started the drilling work by late next year if the government had approved the decrees.
August 13th, 2014 - 03:55 GMT

Is Lebanon's nascent gas industry in deep trouble?

Al Bawaba
August 12th, 2014 - 08:30 GMT

ENOC’s Ramadan CSR campaigns make positive influence on thousands of people

Al Bawaba
August 12th, 2014 - 04:25 GMT

EPPCO Lubricants signs exclusive 5-year supply agreement with BK Group Holdings

To counter supply outages in Iraq and among other OPEC producers, Saudi Arabia has maintained a high level of oil output
August 12th, 2014 - 03:55 GMT

Profiteering off regional tensions? Saudi Arabia to pump more oil in 2014

“The market has become more complacent about supply again. But complacency is dangerous. Given the geopolitical tensions, a spike in oil prices cannot and should not be ruled out.”
August 11th, 2014 - 10:35 GMT

Let's wait and see: oil prices 'complacent' with US military strike on Iraq

Al Bawaba
August 11th, 2014 - 07:27 GMT

Emarat celebrates the first year anniversary for the opening of "Freshplus" store Al Twar, Dubai

The contract provides for the UAE to import some 600 million cubic feet per day of Iranian gas, though the actual amount will depend on many factors and may only become clear in coming months.
August 11th, 2014 - 07:03 GMT

It's valid and binding: Dana Gas wins favorable ruling against Iranian company

Al Bawaba
August 10th, 2014 - 02:00 GMT

Going beyond the bpd: Saudi Arabia thriving as the region's largest petrochemical producer

Al Bawaba
August 10th, 2014 - 09:28 GMT

ENOC inaugurates first commercial fuel station at Al Maktoum International Airport

Al Bawaba
August 10th, 2014 - 06:25 GMT

EQUATE continues community partnership with Ramadan initiatives

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