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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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While the IEA expects the US to gradually become independent of oil imports, it also predicts Asian countries to end up consuming up to 90 per cent of the oil produced in the GCC region.
August 18th, 2013 - 12:32 GMT

Will the Middle East continue to dominate the oil market?

Egyptian soldiers stand guard at the Suez Canal (Getty images).
August 15th, 2013 - 10:36 GMT

How the situation in Egypt can severely affect the oil market

During the workshop
August 15th, 2013 - 04:55 GMT

DEWA’s Women’s Committee organises Ladies Etiquette workshop

Investments worth $63.1 billion will be in the GCC, $21.4 billion in Iran and approximately $53 billion in the combined other countries of the region.
August 14th, 2013 - 12:11 GMT

MENA's energy future requires $145.7b in investments

Brent crude oil rose toward $110 per barrel Tuesday after oil exports from Libya fell to their lowest for two years, heightening supply worries ahead of scheduled cuts in output from fellow OPEC member Iraq.
August 14th, 2013 - 08:23 GMT

Shortages in Libyan and Iraqi oil production raise world prices

The country earned $7.3 billion from its exports this month.
August 14th, 2013 - 07:06 GMT

Iraqi oil exports hit 16 month low

Baghdad claims sole authority over oil exploration and export. It has already accused the Kurds in the past of smuggling crude via Iran and keeping the revenue for itself
August 13th, 2013 - 10:34 GMT

Smuggling or deserved autonomy? Kurdistan's second route for crude via Iran

Empower specializes in providing cooling services that reduce energy consumption in one of the most energy consuming areas in the world.
August 13th, 2013 - 06:42 GMT

Empower settles $22 million loan installment

Desalination is the main source of water in Saudi. Even though this requires high amounts of energy to convert sea water into drinking water, it is still the most viable solution for the country.
August 12th, 2013 - 12:07 GMT

Saudi Arabia allocates $7 billion to spend on water related projects in 2013

DEWA head office
August 12th, 2013 - 05:30 GMT

DEWA adopts energy saving practices to meet green building standards and specifications

The extra charge will be used to offset the operational expenditure incurred by the merchant and the acquirer.
August 6th, 2013 - 07:11 GMT

Surcharge decided on Visa usage in UAE petrol stations

The Sharjah-based energy producer reported net income for the second quarter of Dh100 million, a decline of 44.7 per cent compared with the corresponding period last year.
August 5th, 2013 - 10:31 GMT

Dana Gas net profit plummets to half in the second quarter

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