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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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Saudi Energy 2014 will serve as an ideal platform for energy professionals, government officials, investors and both local and regional buyers.
May 25th, 2014 - 02:55 GMT

Saudi Energy 2014 kicks off at critical time

The 600 million barrel figure is the government’s estimate of how much oil drillers can get out of the earth with existing technology and at current prices.
May 25th, 2014 - 02:55 GMT

Is the US facing massive setbacks? The shale revolution has apparently 'just begun'

Al Bawaba
May 22nd, 2014 - 09:06 GMT

ENOC Lubricants Marketing holds 6th Business Meet in Uganda

Estimation of the uranium resources in the central region are expected to increase as more exploration is carried out by JUMCO in the 350sq.km area.
May 22nd, 2014 - 02:29 GMT

Mining its own business: Jordan to build $140 million uranium plant

According to the Central Bank of Egypt, tourism is ranked second in terms of most important sources of income for Egypt after remittances from Egyptians abroa
May 22nd, 2014 - 01:17 GMT

Upcoming five-fold increase in diesel fuel prices results in smartcard provision for transport, hotel companies in Egypt

Subsidies also rose more than fourfold, from $4.1 billion to $18 billion during the same period, an annual growth rate of 23 percent, Hamada said.
May 21st, 2014 - 02:55 GMT

Kuwait's finance minister says budget deficit is inevitable

Al Bawaba
May 21st, 2014 - 01:32 GMT

Thanks to South Korea, the UAE gets closer to realizing its nuclear ambitions

Al Bawaba
May 20th, 2014 - 07:36 GMT

ENOC expands ‘Human Fuel’ charity initiative across entire service station network

Mahendran pointed out that the growth witnessed in the Kingdom was reflective of the robust growth across the GCC region
May 20th, 2014 - 02:55 GMT

An inside look into how the non-oil sector is fuelling growth in Saudi Arabia

Iran has tried to bring more foreign companies into its energy sector since securing sanctions relief from a November interim agreement to temporarily curb its nuclear activities.
May 19th, 2014 - 02:55 GMT

What's in it for who? Swedish and Russian firms to help Iran dig for oil in the Caspian sea

By the end of the current fiscal year the amount spent on subsidies will reach approximately EGP 135bn ($19 billion).
May 18th, 2014 - 11:53 GMT

Egypt puts a price tag on this year's energy subsidies

The project will bring on stream 26 wells from four fields in the Reggane basin, the company said.
May 18th, 2014 - 11:31 GMT

The hidden oil giant: British Petrofac awarded $970 million oil contract in Algeria

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