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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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The report additionally forecast that Saudi oil reserves will rise to as much as 273 billion bbls by 2017.
July 31st, 2014 - 03:55 GMT

Saudi oil output to remain high by 'historical standards'

Stover added that the current Tamar pipeline has on several occasion reached its full capacity due to high demand in Israel.
July 28th, 2014 - 03:13 GMT

Well-deserved: Gaza attacks reduce demand for Israeli gas

“There is one major resource base in the world which could meet the growth in the global oil demand, which is the Middle East,” he said.
July 27th, 2014 - 05:24 GMT

Underestimation or outright denial? Shale ‘euphoria’ deemed ‘pointless’ by some in the Gulf

Al Bawaba
July 27th, 2014 - 03:55 GMT

The 'oil curse' just became more real: how oil smuggling in financing the ISIS’ operations

US oil production has embarked on an unprecedented 50 percent rise over the past four years as new drilling techniques allowed oil to flow from vast shale reserves
July 27th, 2014 - 03:54 GMT

A game changer for the ME's oil exporters? Exxon eyes major refinery expansion in the US

Al Bawaba
July 23rd, 2014 - 11:12 GMT

Why will Middle Eastern oil prices go up?

Al Bawaba
July 23rd, 2014 - 09:48 GMT

Five years and counting: RAK Petroleum boasts $15.81 million profit since December

Al Bawaba
July 23rd, 2014 - 07:37 GMT

Omanoil shares Ramadan spirit with employees at annual iftar

“The people will go out ... to bring down the government if the price of fuel is raised.”
July 22nd, 2014 - 03:55 GMT

Yemen and lifting energy subsidies: the great struggle

Nevertheless, Saudi continues to play the role of an emergency supplier and changes in its exports could be explained by changes in Chinese imports.
July 21st, 2014 - 03:55 GMT

Playing things safe: is China diversifying away from GCC oil imports?

Now with crude output in the country growing rapidly and the US emerging as the world's top producer, there seems growing emphasis in Washington on controlling the newly found resource
July 21st, 2014 - 02:10 GMT

Taking the lead: the US' newfound role in energy markets and what it entails for the region

He added that Africa was a very promising market for Sabic and the company was focusing on opening distribution centres in a number of African countries.
July 20th, 2014 - 01:55 GMT

Right on spot: Sabic profits rise 7% despite imminent shale boom

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