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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's crude oil exports have been rising since Tehran reached a breakthrough deal with six world powers over its nuclear energy program last November.
May 14th, 2014 - 02:55 GMT

Who's being replaced? Iran to export 400,000 bpd to China

The decline in the EU countries’ imports of Russian gas will force them to look toward Gulf countries for gas.
May 13th, 2014 - 10:44 GMT

Europe, be jealous: Egypt to obtain Russian gas at favorable rate

Al Bawaba
May 13th, 2014 - 09:56 GMT

Will the Ukraine crisis give Qatar a chance to liberate Europe from Russian gas dependency? Maybe not, but it's certainly worth considering

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

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