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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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Planned infrastructure upgrades, new finds and a focus on human resources are set to support the state’s efforts to meet higher production targets, although foreign ownership laws continue to slow sector development.
September 26th, 2013 - 01:02 GMT

Is it time for Kuwait to allow foreign ownership of its oil?

Kuwaiti energy analyst Kamil Harami sees the harm of shale production coming sooner for oil-producing Gulf Arab nations, along with Iraq.
September 25th, 2013 - 12:41 GMT

Should the Gulf be freaked out by the US shale boom?

During the event
September 25th, 2013 - 11:00 GMT

EQUATE wins Arabian Business CSR Achievement Award 2013 For the 3rd consecutive year in Kuwait

With the discovery of oil and gas off its shore, Lebanon has the potential to become like the Gulf – but it will need to do a lot of work to get its infrastructure up to par, industry experts say.
September 25th, 2013 - 09:13 GMT

With its recent oil discovery, will Lebanon become more like the Gulf?

Shale oil production reached about 2 million barrels a day last year, pushing overall US output to 6.4 million barrels of oil per day, the most in 15 years and 32 per cent above the level five years ago.
September 25th, 2013 - 08:56 GMT

A new oil market is in the making, thanks to the US shale boom

During the award cermony
September 25th, 2013 - 04:32 GMT

DEWA receives top honours at prestigious Gulf Business Industry Awards 2013

Saeed Khoory, Chief Executive Officer of ENOC
September 24th, 2013 - 10:18 GMT

ENOC’s Code of Business Conduct extended to three more ENOC Group entities

Around 100 tons of black oil are planned to be exported through the port of Anzali to Russia
September 23rd, 2013 - 10:55 GMT

Iraq exports black oil to Russia via Caspian Sea

Kuwait has announced it is conducting studies into the viability of extracting shale gas from recently identified reserves, although any commercial operation will likely be many years off.
September 22nd, 2013 - 01:10 GMT

Is Kuwait going to jump on the shale bandwagon?

The Anglo-Dutch major, in charge of operations at the southern Majnoon oil field, said on Friday it aims to boost output to 175,000 barrels per day (bpd) in October.
September 22nd, 2013 - 10:30 GMT

Shell resumes Iraqi production in Majnoon oilfield

Another Russian company Lukoil suffered a $63 million loss when it withdrew from a project in the Aran oilfield
September 19th, 2013 - 02:55 GMT

Russian firm ready to develop Iranian gas field

Al Bawaba
September 19th, 2013 - 10:02 GMT

New Saudi-Bahrain pipeline

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