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Oil and Renewables

Oil and Renewables latest

US strike on oil tanker dodging the blockade
June 17th, 2026 - 09:05 GMT
P. Choiaqo

P. Choiaqo

US used Iranian smuggling tactic to move oil through Hormuz

ALBAWABA - In an exclusive Reuters report, the U.S. has overseen and supported dozens of secretive ship-to-ship oil transfers, avoiding Iranian blockades and attacks. The method, used by Iran to avoid sanctions and blockades for years, involves transferring cargo between ships to mask its origin. In its simplest form, a ship would hand off its cargo to another ship on the way to the same destination with the transfers taking ...
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Al Bawaba
June 11th, 2014 - 04:25 GMT

ENOC hosts seminar on ‘Self-development’

In January of this year, the Iraqi federal government cut the KRG's 17 percent share of the national budget after it opened a separate pipeline connecting to Ceyhan that bypassed Baghdad.
June 11th, 2014 - 03:55 GMT

Baghdad disregarded, again: more about the Kurdish oil shipments arriving to Turkey

Iran plans to boost annual petrochemical output to 180 million tons from around 60 million tons currently.
June 11th, 2014 - 03:55 GMT

Cheating sanctions? China to use Iran's frozen billions to build it a petrochemical plant

The Gulf state is also revising subsidies on electricity, water and petrol, currently sold at well below cost.
June 10th, 2014 - 08:34 GMT

Here comes the avalanche: Kuwait ends diesel subsidies over deficit fears

Although the plans for the construction operations have actually been suspended, the contracts have not been cancelled.
June 9th, 2014 - 01:32 GMT

Backtracking: Iran suspends plans to build refineries in Malaysia, Indonesia, and Syria

“The finance required to implement the projects is planned to be secured through attracting foreign investment,” he added.
June 9th, 2014 - 12:49 GMT

Another ambitious post-sanctions goal on the agenda: Iran plans to triple petrochemical exports

The GCC’s situation is quite unique at the global level.
June 8th, 2014 - 11:23 GMT

Beyond the usual: massive surpluses await the Gulf economies

The report gave no indication of whether any change in investment strategy was envisioned.
June 8th, 2014 - 11:15 GMT

Norway, you have competition: Saudi Arabia about to launch its first Sovereign Wealth Fund

Al Bawaba
June 8th, 2014 - 11:07 GMT

The equivalent of Jordan’s entire GDP: Libya has lost $30 billion so far in lost oil production

Al Bawaba
June 4th, 2014 - 11:59 GMT

ENOC wins Dubai Human Development Appreciation award

Al Bawaba
June 3rd, 2014 - 10:21 GMT

The North-South divide: South Sudan petroleum and mining ministry declares $3.5 billion profits in one year

Al Bawaba
June 3rd, 2014 - 09:46 GMT

ENOC Lubricants to highlight premium solutions at Automechanika Dubai 2014

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