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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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After that deal, shipments from Zueitina were delayed because of damage from the blockade, while Hariga has seen only a few tanker loadings.
July 11th, 2014 - 01:42 GMT

A glimpse of normalcy: how the restarting of the El-Sharara oil reignited hope for the Libyan economy

Al Bawaba
July 10th, 2014 - 02:40 GMT

Thanks to Libya's slight comeback, oil prices settle at one month low

Discussing other factors that may potentially influence Arabian oil, Anderson said he did not expect political disruptions to affect oil passage through the Strait of Hormuz.
July 10th, 2014 - 02:32 GMT

Wishful thinking? US shale revolution won't affect the Middle East, says second opinion

Al Bawaba
July 9th, 2014 - 08:46 GMT

Oman oil company partners with ‘Klmaten Ras’ to promote culture of reading in oman

Al Bawaba
July 9th, 2014 - 03:55 GMT

With the US about to become a net exporter, is the ME’s crude oil on its way to dispensablity?

Al Bawaba
July 8th, 2014 - 04:25 GMT

EMGAS launches ‘Safe Cylinder, Safe Family’ campaign

The search for gas has been a priority for Saudi Arabia as it struggles to keep pace with rapidly rising domestic demand.
July 7th, 2014 - 11:44 GMT

It's complicated: Shell gives up its gas investments in Saudi Arabia

Al Bawaba
July 7th, 2014 - 10:51 GMT

DEWA receives delegation from Commercial Bank of Dubai

Yemen's income from oil exports tumbled by over 64 per cent to $73.4 million in May from a year ago,
July 7th, 2014 - 03:55 GMT

How much more can the country handle? Yemen's oil exports down 60%

Al Bawaba
July 7th, 2014 - 01:01 GMT

The end of the energy market as we know it: US overtakes Russia and Saudi Arabia as world's largest oil and gas producer

Al Bawaba
July 6th, 2014 - 06:37 GMT

DEWA launches its Samsung Gear 2 app for smart watches

Al Bawaba
July 6th, 2014 - 03:55 GMT

Adding fuel to the fire: how Egypt's prime minster is seeking to justify subsidy cuts

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