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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
May 13th, 2014 - 10:53 GMT

ENOC signs Technical Service agreement with Dubai Carbon to promote carbon footprint management

“ Lebanon should develop local content policies to provide further value-added beyond the direct contribution of the oil and gas sector to the economy by linking it to other sectors,” Hamdan said.
May 12th, 2014 - 06:55 GMT

What should Lebanon be doing about its nascent oil and energy industry?

Kuwait began importing LNG in 2009 and signed deals with Shell and Swiss-based trader Vitol to supply it from April to October, the period of peak power demand, for the last four years.
May 12th, 2014 - 03:55 GMT

What oil? Kuwait signs $12 billion LNG deal with Shell

Al Bawaba
May 12th, 2014 - 03:55 GMT

The perfect gift: Saudi Arabia to offer Egypt $3 billion worth of oil this summer

Al Bawaba
May 11th, 2014 - 04:33 GMT

Persistent bottlenecks: Iran still unable to sell its petrochemicals to Europe

Al Bawaba
May 11th, 2014 - 10:24 GMT

Oman oil company’s regasification investment in Chile recognised as one of the country’s safest working environments

Al Bawaba
May 11th, 2014 - 09:41 GMT

ENOC joins hands with MSD to provide all employees with free Hepatitis C screening

Asked when Oman was going to decide on potential changes to subsidy levels, Balushi said: “It’s an exercise that is going on, it could be this year, it could be next year.”
May 8th, 2014 - 04:20 GMT

Tick tock: Oman is on the verge of lifting subsidies

Egypt has obtained billions of dollars in loans from other Gulf Arab states in recent months. Some of that money has been used to help Cairo fund energy costs.
May 8th, 2014 - 03:49 GMT

Desperate to avoid more blackouts: Egypt is soliciting $2.5 billion to cover gas imports

One of the two largest gas fields in Israel, Tamar was discovered in the eastern Mediterranean in 2009 and holds an estimated 10 Tcf of gas.
May 7th, 2014 - 08:36 GMT

A cruel role reversal: Israel to export Tamar gas to Egypt

Al Bawaba
May 7th, 2014 - 10:24 GMT

Omanoil’s Facebook Page wins Arab Web award for social media interactivity in the oil & gas sector

Kuwait has boasted a budget surplus in each of the past 14 fiscal years, helping its sovereign wealth fund to increase to over $400 billion.
May 7th, 2014 - 03:55 GMT

Tough love: the IMF has a few things to say to Kuwait

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