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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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Saudi Arabia  has earmarked billions of dollars to produce more electricity in the Kingdom by 2019
February 18th, 2013 - 06:52 GMT

Saudi to spark electrical surge

Oman's nominal GDP grew by 13% in first nine months of 2012
February 17th, 2013 - 11:46 GMT

Oman's GDP booming on oil revenue

The Kuwait Foreign Petroleum Exploration Company (Kufpec) has chosen the banks to finance a loan $750 million loan agreement, according to reports
February 17th, 2013 - 11:22 GMT

Kuwaiti oil firm chooses banks for loans

ENOC's Pump Up the Volume
February 17th, 2013 - 09:11 GMT

ENOC employees Pump Up the Volume to strengthen corporate solidarity

German oil firm Wintershall has said it will remain in Libya, as it struggle to increase production
February 17th, 2013 - 08:58 GMT

German oil firm to remain in Libya

Beirut has received one of two power-generating ships in an effort to stop power cuts
February 17th, 2013 - 07:45 GMT

Power ship arrives in Lebanon

Al Bawaba
February 17th, 2013 - 05:31 GMT

Omanoil celebrates 10 years of staff dedication at annual retreat

Demonstrators in Arida blocked the international highway around 8 a.m., bringing traffic to a standstill on the road leading to the border crossing
February 14th, 2013 - 08:05 GMT

Lebanon: Syria-bound diesel trucks halted over claims cargo is used to quell uprising

Oil and gas transactions totalled a staggering $402 billion in 2012
February 14th, 2013 - 07:57 GMT

Oil and gas industry the most merger intensive

Oman launched a new system to promote safety in the oil and gas industry yesterday
February 13th, 2013 - 12:36 GMT

New safety practices for oil industry in Oman

The shortages come at a time when the government is keen to reduce fuel subsidies
February 13th, 2013 - 11:05 GMT

Egypt struggles with fuel crisis

Oil output in Iran dropped dramatically in 2012 due to sanctions, according to the IEA.
February 13th, 2013 - 11:02 GMT

Sanctions hit Iranian oil exports - IEA

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