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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
February 17th, 2014 - 05:51 GMT

“Spend & Win” Harley Davidson Motorbike & More

As Saudi Arabia’s influence over the Persian Gulf further erodes, the Kingdom must continue to invest in projects that diversify its revenues and resources.
February 17th, 2014 - 03:28 GMT

With Iran re-rentering the scene, should Saudi Arabia be waving goodbye to its reign over oil markets?

Russia currently runs a current account surplus. There’s an enviable $90 billion in a reserve account.
February 16th, 2014 - 09:35 GMT

The uncanny resemblance: why the outlook for Russia and GCC oil states is starting to look shockingly similar

Al Bawaba
February 16th, 2014 - 08:55 GMT

Egyptian government approves oil, gas agreements worth $265m

Al Bawaba
February 16th, 2014 - 05:53 GMT

ENOC hosts international student delegations on educational visits to Dubai

The four Asian buyers together cut oil imports from Iran by 15 percent on the year to an average of 935,862 bpd in 2013, government and industry data showed.
February 16th, 2014 - 03:55 GMT

Going against the tide? South Korea imports from Iran fall by over 50%

Al Bawaba
February 13th, 2014 - 03:00 GMT

Moscow's second largest oil producer wants to invest in this MENA economy

Al Bawaba
February 13th, 2014 - 07:55 GMT

Lebanese to rake in billions of liras from....oil?

The Clean Fuels Project is a specification upgrade and expansion of Kuwait’s largest refineries as part of the Gulf state’s economic development plan, which has faced delays partly due to political instability.
February 13th, 2014 - 03:55 GMT

Kuwait ready to splurge $12 billion on upgrading its refiniries

Al Bawaba
February 13th, 2014 - 03:55 GMT

At least no one's going to starve this time around: the impending Iranian/Russian oil-for-cars program

By 2020, four nuclear plants will be generating up to a quarter of the nation’s electricity supply.
February 12th, 2014 - 05:33 GMT

All set for 2020, UAE gets approvals on additional nuclear plants

OPEC’s report comes a day after the U.S. government’s Energy Information Administration raised its 2014 world oil demand growth forecast by a similar increment.
February 12th, 2014 - 05:12 GMT

Who will win and who will lose? OPEC raises 2014 oil demand forecast

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