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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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US Crude Crawls Back into Positive Territory After Sharp Selloff
April 21st, 2020 - 09:00 GMT

US Crude Crawls Back into Positive Territory After Sharp Selloff

Full Tank: Too Much Oil, No Place to Store it
April 21st, 2020 - 08:30 GMT

Full Tank: Too Much Oil, No Place to Store it

Oil in Focus: US Braces for Doom in May
April 21st, 2020 - 07:30 GMT

Oil in Focus: US Braces for Doom in May

S Oil Price Freefalls Below $0 in Historical First As Demand Evaporates
April 21st, 2020 - 05:30 GMT

US Oil Price Freefalls Below $0 in Historical First As Demand Evaporates

OPEC: Global Oil Demand to Witness a Historic Drop in 2020
April 20th, 2020 - 12:00 GMT

OPEC: Global Oil Demand to Witness a Historic Drop in 2020

Saudi Arabia, Russia Reaffirm Commitment to Oil Production Cuts
April 17th, 2020 - 02:00 GMT

Saudi Arabia, Russia Reaffirm Commitment to Oil Production Cuts

IEA: Global Oil Demand is Set to Plunge to 25-Year Low in April
April 16th, 2020 - 12:00 GMT

IEA: Global Oil Demand is Set to Plunge to 25-Year Low in April

Lebanon: Oil Trader IMMS, BankMed Settle $1 Billion Deposit Lawsuit
April 16th, 2020 - 06:00 GMT

Lebanon: Oil Trader IMMS, BankMed Settle $1 Billion Deposit Lawsuit

Is the Historic OPEC+ Deal the Global Economy's Savior?
April 15th, 2020 - 03:00 GMT

Is the Historic OPEC+ Deal the Global Economy's Savior?

US to Rent Storage for 23 Million Oil Barrels From Energy Companies
April 15th, 2020 - 01:00 GMT

US to Rent Storage for 23 Million Oil Barrels From Energy Companies

Oman Joins OPEC+ Pact, Slashes Oil Production by 200,000 bpd
April 14th, 2020 - 12:30 GMT

Oman Joins OPEC+ Pact, Slashes Oil Production by 200,000 bpd

Will OPEC+ Deal Be Enough to Recover the Global Economy?
April 14th, 2020 - 11:30 GMT

Will OPEC+ Deal Be Enough to Recover the Global Economy?

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