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Oil and Renewables

Oil and Renewables latest

gas deal
December 18th, 2025 - 05:46 GMT
Al Bawaba Staff

Al Bawaba Staff

Netanyahu approves $35 billion gas deal with Egypt

ALBAWABA - Israeli Prime Minister Benjamin Netanyahu announced on Wednesday his approval of the gas deal with Egypt. Netanyahu said that he had engaged in difficult discussions to pass this deal, which he described as the largest in Israel's history and a national project and a future for coming generations. Israel's prime minister also explained that the gas deal with Egypt is of paramount importance on both the economic and ...
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Iran has tried to bring more foreign companies into its energy sector since securing sanctions relief from a November interim agreement to temporarily curb its nuclear activities.
May 19th, 2014 - 02:55 GMT

What's in it for who? Swedish and Russian firms to help Iran dig for oil in the Caspian sea

By the end of the current fiscal year the amount spent on subsidies will reach approximately EGP 135bn ($19 billion).
May 18th, 2014 - 11:53 GMT

Egypt puts a price tag on this year's energy subsidies

The project will bring on stream 26 wells from four fields in the Reggane basin, the company said.
May 18th, 2014 - 11:31 GMT

The hidden oil giant: British Petrofac awarded $970 million oil contract in Algeria

"We hope before May [ends] matters will have been cleared and we will have entered the programme," Alwageh said noting that the IMF board was expected to meet in July to finalise the deal.
May 18th, 2014 - 11:23 GMT

Are subsidies the culprit? Why Yemen is desperate, God forbid, to strike a deal with the IMF

Al Bawaba
May 18th, 2014 - 08:57 GMT

Oman oil company joins outward bound Oman team to coach young talent on real life experiences

The Iraqi government has repeatedly said oil sales by-passing Baghdad are illegal and has threatened to sue any company involved in the trade
May 16th, 2014 - 12:36 GMT

Too far? US, Israel are allegedly importing 'illegal' oil from Kurdistan

On March 1, Iranian Oil Minister Bijan Namdar Zanganeh said that Iran's oil industry would head forward, with or without sanctions.
May 15th, 2014 - 03:47 GMT

A post-sanctions refined relationship? Chinese companies to invest $3 billion into increasing Iran's oil refining capacities

Locals said large sections of the sea had been covered in an unidentified black substance, initially thought to be an oil spill, last Sunday.
May 15th, 2014 - 02:23 GMT

Lebanese power plant under fire for causing massive pollution

Al Bawaba
May 15th, 2014 - 10:13 GMT

ENOC expands ZOOM network with three new stores in Dubai

Al-Awaji noted that the Kingdom has electric links with the Gulf Cooperation Council countries while Egypt is linked with eight eastern Arab countries
May 14th, 2014 - 06:09 GMT

Materializing linkages: Saudi Arabia, Egypt to share electricity during hot summer days

Al Bawaba
May 14th, 2014 - 11:28 GMT

ENOC hosts 5th Middle East Bitumen Conference highlighting best practices and quality standards

In its first public announcement on the project, SABIC did not say where the complex would be located, how much it would pay for the oil or if the crude would be subsidised
May 14th, 2014 - 11:13 GMT

Despite all the other 'mysteries': SABIC's oil-to-chemical plant to become operational in 2020

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