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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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Mohammad Husain, EQUATE President & CEO
February 7th, 2013 - 08:37 GMT

EQUATE realizes over USD 1 Billion net profit in 2012 For the 2nd consecutive year

Gas prices in Lebanon are continuing to rise, new figures show
February 6th, 2013 - 11:30 GMT

Gas prices in Lebanon keep on rising

The foreign non-oil trade maintained its positive growth during the January to August period 2012 registering a Dh70 billion growth
February 6th, 2013 - 10:07 GMT

UAE non-oil trade surging

Al Bawaba
February 6th, 2013 - 07:39 GMT

Kuwait Styrene realizes USD 59 Million net profit in 2012 Sales value exceeds USD 667 million

Our Desert is in Our Eyes campaign
February 6th, 2013 - 05:35 GMT

DEWA participates in Our Desert is in Our Eyes campaign

The Emirates national oil company, ENOC, is shunning Iranian oil in favour of Qatari crude
February 5th, 2013 - 12:15 GMT

Emirates oil company shuns Iran in favour of Qatar

The hostage crisis in Algeria could see Maghreb economies diversifying away from hydrocarbons
February 5th, 2013 - 09:32 GMT

Algerian gas installation attack could see economies diversifying

The Kuwait Fund for Arab Economic Development has offered Lebanon a $85 million loan for electricity development
February 5th, 2013 - 05:58 GMT

Kuwait grants $85 million loan for electricity projects

Fuel subsidies in Egypt cost the government  $30 million daily, according to the Minister of Petroleum
February 4th, 2013 - 12:41 GMT

Oil subsidies in cost Egypt $30 million a day

Despite defaulting on an Islamic bond last year, Dana Gas, has posted a 20 per cent rise in profits
February 4th, 2013 - 12:06 GMT

Dana Gas posts profits despite default

Fuel demand in Jordan is creeping up despite the government raising the prices in November last year
February 4th, 2013 - 08:40 GMT

Jordanians thirst for fuel increases despite price rise

The Saudi petrochemical sector is booming.
February 3rd, 2013 - 01:57 GMT

Saudi beats off competition to hold monopoly on petrochemicals

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