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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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Iran possesses the world’s second largest reserves of natural gas and the world’s fourth largest reserves of crude oil.
May 26th, 2014 - 12:37 GMT

If you say so: Iran affirms that oil prices won't drop below 100$

Despite the steady increase in oil exports, many Iraqis complain that much of the windfall is lost to state corruption and that the proceeds have not markedly improved daily life.
May 25th, 2014 - 10:18 GMT

A step further: Iraq repairs nothern oil pipeline after months of sabotage

Major sovereign wealth funds in the Middle East and Asia have invested in Russian businesses and backed its state-funded private equity fund.
May 25th, 2014 - 10:08 GMT

A role bigger than itself? Qatar seeking to hold hands with China and replace EU, US investments in Russia


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

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