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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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Iran was one of the top five suppliers of crude oil to China this year and overall production increased, the Organization of Petroleum Exporting Countries said in its monthly market report.
October 30th, 2013 - 01:42 GMT

Too close for comfort? China indebted to Iran by $22billion

According to Western diplomats in Tehran and industry officials, international oil companies that once had a presence in Iran are negotiating with the new government to return,
October 30th, 2013 - 01:02 GMT

Iran's oil industry wants its old clients back

Oil Minister Bijan Zanganeh ordered a "widespread review" of the oil contract process shortly after he took office in August in an effort to revive investment in Iran's oil sector (Courtesy of Press TV)
October 30th, 2013 - 07:11 GMT

Iran to produce new oil contract framework for foreign investors

“The Kingdom is the largest producer of oil, while China is the second largest country in the world, which has a great energy demand,” Al-Suwaiyel said.
October 29th, 2013 - 12:10 GMT

Saudi Arabia to seek China's expertise on oil refining

The loss of Egyptian gas supplies, which used to account for over 80 per cent of Jordan’s electricity generation needs, has driven generation costs to over 187 fils per kilowatt hour (kw/h).
October 29th, 2013 - 10:56 GMT

No wonder it's going nuclear: Jordan says Egypt's gas disruptions to cost it over $2 billion

“This is a licensed technology that has a proven safety record in several European countries and elsewhere, which was important in our decision,” Toukan said.
October 29th, 2013 - 08:43 GMT

It's official: Jordan set on building it's first nuclear plant and Russia is going to build it

Whilst oil demand has increased significantly over the past four decades, accessible reserves are actually increasing every year thanks to increased explorations for both conventional and unconventional oil and improved technology such as horizontal drilling
October 28th, 2013 - 07:13 GMT

Will the world run out of oil?

Al Bawaba
October 28th, 2013 - 05:03 GMT

Omanoil pioneers industry with launch of own brand of lubricants

The London-based bank can help increase Jordanian businesses’ use of renewable energy.Describing the Kingdom as a role model for social and economic reform in the region, Harmgart added that Jordan can become a leader in terms of innovation and economic transition.
October 27th, 2013 - 09:20 GMT

Grand plans: The European Bank of Reconstruction and Development opens permanent office in Jordan

Al Bawaba
October 23rd, 2013 - 11:55 GMT

Delegation from the DEWA visits South Africa to strengthen cooperation

Algeria plays a critical role in the international oil and gas market. It is the third largest natural gas producer in the Arab world after Qatar and Saudi Arabia, the leading gas exporter in Africa and an energy supplier to France, Spain, Italy, Turkey, US and China.
October 22nd, 2013 - 08:39 GMT

Algeria: the Arab World's often forgotten massive oil giant

Oil-rich Arab states Saudi Arabia and the United Arab Emirates are keen on delivering petroleum products to the Egyptian government as scheduled.
October 21st, 2013 - 10:47 GMT

No fuel, no problem: Egypt's covered

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