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Oil and Renewables

Oil and Renewables latest

Shell company building
July 30th, 2026 - 09:20 GMT
P. Choiaqo

P. Choiaqo

Shell records more than double profits as war rages in the Middle East

ALBAWABA - British oil and gas company Shell has seen its profits more than double compared to the same period last year as oil prices surge amid Strait of Hormuz conflict between the U.S. and Iran. The company’s net profit hit $9.84 billion dollars in the second quarter of the year after Brent oil prices jumped from $60 a barrel in January to $114 in early May at the peak ...
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Libya: Country’s Largest Oilfield Resumes Production
June 8th, 2020 - 06:00 GMT

Libya: Country’s Largest Oilfield Resumes Production

Oil Market Shows Signs of Recovery Despite Extending Output Cuts
June 7th, 2020 - 12:00 GMT

Oil Market Shows Signs of Recovery Despite Extending Output Cuts

OPEC Expected to Extend Production Cut Deal for Additional Month
June 7th, 2020 - 07:00 GMT

OPEC Expected to Extend Production Cut Deal for Additional Month

How Was Oil Industry Able to Make It Through COVID-19 Storm
June 4th, 2020 - 06:30 GMT

How Was Oil Industry Able to Make It Through COVID-19 Storm

Saudi Arabia, Russia Seal Oil Cuts Deal
June 4th, 2020 - 06:00 GMT

Saudi Arabia, Russia Seal Oil Cuts Deal

Brent Oil Price Above $40 a Barrel As Hopes Rise for Production Cuts
June 3rd, 2020 - 01:30 GMT

Brent Oil Price Above $40 a Barrel As Hopes Rise for Production Cuts

US Sanctions 4 Companies, Tankers for Venezuelan Oil Trades
June 3rd, 2020 - 11:00 GMT

US Sanctions 4 Companies, Tankers for Venezuelan Oil Trades

World Bank Calls on Oil-Exporting Countries to Eliminate Energy Subsidies
June 3rd, 2020 - 08:30 GMT

World Bank Calls on Oil-Exporting Countries to Eliminate Energy Subsidies

Five new ‘ADNOC On the go’ stations open in Abu Dhabi in May, with 10 now open across Abu Dhabi and Al Ain in 2020 to date
June 3rd, 2020 - 04:38 GMT

ADNOC Distribution Continues to Deliver on National Network Expansion, Bringing Convenience Closer to Customers Across the UAE With 16 New Sites Open in 2020 to Date

Oman Oil Marketing Company Appoints Hilal Al Kharusi as Chairman
June 2nd, 2020 - 08:57 GMT

Oman Oil Marketing Company Appoints Hilal Al Kharusi as Chairman

Oil Soars Amid Optimism On New Output Cuts Deal
June 2nd, 2020 - 08:00 GMT

Oil Soars Amid Optimism On New Output Cuts Deal

Oman Inaugurates Commercial Operations at Key Solar PV Project
May 31st, 2020 - 11:30 GMT

Oman Inaugurates Commercial Operations at Key Solar PV Project

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