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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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Iran: Oil Exports Sink to Historic Low Battered by US Sanctions, COVID-19 Crisis
May 14th, 2020 - 12:00 GMT

Iran: Oil Exports Sink to Historic Low Battered by US Sanctions, COVID-19 Crisis

OPEC Cuts 2020 Oil Demand Outlook Again, Sees Steepest Decline This Quarter
May 14th, 2020 - 11:00 GMT

OPEC Cuts 2020 Oil Demand Outlook Again, Sees Steepest Decline This Quarter

GCC Economies to Weather Oil Crash Storm; Says Fitch Ratings
May 14th, 2020 - 08:30 GMT

GCC Economies to Weather Oil Crash Storm; Says Fitch Ratings

ADNOC Distribution Increases Access to Everyday Essentials Through Launch of Home Delivery With Talabat
May 14th, 2020 - 07:52 GMT

ADNOC Distribution Increases Access to Everyday Essentials Through Launch of Home Delivery With Talabat

WEF: COVID-19 Hurdles Saudi Progress on Energy Transition
May 13th, 2020 - 09:00 GMT

WEF: COVID-19 Hurdles Saudi Progress on Energy Transition

Saudi Aramco Announces $16.7 Billion Q1 Net Income
May 13th, 2020 - 07:30 GMT

Saudi Aramco Announces $16.7 Billion Q1 Net Income

UAE to Slash Oil Production by 100,000 bpd in June
May 12th, 2020 - 12:30 GMT

UAE to Slash Oil Production by 100,000 bpd in June

What's Behind Last Week’s Sudden Rally In Oil Prices?
May 12th, 2020 - 08:30 GMT

What's Behind Last Week’s Sudden Rally In Oil Prices?

ADNOC Distribution Announces Q1 Results & New Customer Initiatives to Combat Impact of COVID-19
May 12th, 2020 - 08:13 GMT

ADNOC Distribution Announces Q1 Results & New Customer Initiatives to Combat Impact of COVID-19

Aramco to Reduce Oil Production for June by Extra 1 Million bpd
May 11th, 2020 - 02:00 GMT

Aramco to Reduce Oil Production for June by Extra 1 Million bpd

Opinion: Should the Capitalist US Bail out the Shale Producers?
May 11th, 2020 - 01:00 GMT

Opinion: Should the Capitalist US Bail out the Shale Producers?

Saudi Arabia Cuts Local Fuel Prices Significantly
May 11th, 2020 - 10:30 GMT

Saudi Arabia Cuts Local Fuel Prices Significantly

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