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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 1st, 2014 - 07:41 GMT

ENOC wins top honour for RFID-enabled ViP fuel retailing service at Ideas.Arabia competition

Despite the current problems, a farm-out agreement between the partners in Leviathan and Woodside may still be signed, possibly within days.
April 29th, 2014 - 08:13 GMT

Time for Turkey and Egypt to search for plan B? Israel's Leviathan gas project 'on hold'

The US shale oil revolution (driven by technology and the private sector, not White House dictate) is a game-changer in global energy markets
April 29th, 2014 - 08:05 GMT

With four new mega trends in 2014, are we about to witness a new world energy order?

Al Bawaba
April 29th, 2014 - 01:54 GMT

Pass the feta cheese! Saudi hosts Greek food festival

Al Bawaba
April 29th, 2014 - 02:55 GMT

It's complicated: How China is about to win big from European-Russian tensions... at the expense of the GCC

Al Bawaba
April 28th, 2014 - 06:30 GMT

To the last drop: Iran suffering serious water-shortage

Al Bawaba
April 28th, 2014 - 05:30 GMT

Fujairah Police G.H.Q, honor Shamil as a distinguished partner

Iran-Russia trade currently totals $5 billion a year, but economists say the two countries can at least quadruple the volume of their trade exchanges.
April 28th, 2014 - 12:50 GMT

Partners in...sanctions? Russia, Iran $10 billion power deal gaining momentum

Al Bawaba
April 27th, 2014 - 10:20 GMT

ENOC to hire over 150 Emirati professionals

“In the long term though, the region needs to focus on developing local skills, to ensure that their economies can extract maximum gains from these proposed investments.”
April 27th, 2014 - 02:55 GMT

With the era of 'easy oil' coming to an end, is solar energy the only option left for the ME?

Rouhani's first attempt at implementing subsidy reform was a disaster.
April 27th, 2014 - 02:55 GMT

The litmus test for Rouhani's popularity? Iranians rush to gas stations in anticipation of unprecedented price hike

The dispute is delaying publication of an oil and gas exploration tender for Lebanon's Block 9, which could have more than seven trillion cubic feet of natural gas.
April 26th, 2014 - 01:17 GMT

Forget Hezbollah: Israel, Lebanon hit deadlock over offshore gas explorations

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