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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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Saudi Arabia: Aramco Sees Strong 2019 Profits Despite All Challenges
March 16th, 2020 - 06:24 GMT

Saudi Arabia: Aramco Sees Strong 2019 Profits Despite All Challenges

Saudi Arabia Escalates Oil Price War, Flooding Markets with $25-a-barrel oil
March 15th, 2020 - 07:29 GMT

Saudi Arabia Escalates Oil Price War, Flooding Markets with $25-a-barrel oil

OPEC Slashes 2020 Forecasts As Coronavirus Hits Demand
March 12th, 2020 - 10:15 GMT

OPEC Slashes 2020 Forecasts As Coronavirus Hits Demand

Oil Price War: UAE Follows Saudi’s League
March 12th, 2020 - 08:18 GMT

Oil Price War: UAE Follows Saudi’s League

Saudi Arabia Pumps Up Oil Production to Record Level
March 12th, 2020 - 07:14 GMT

Saudi Arabia Pumps Up Oil Production to Record Level

Russia, Saudi Arabia Partnerships to Continue Despite Energy Sector Tensions
March 12th, 2020 - 06:37 GMT

Russia, Saudi Arabia Partnerships to Continue Despite Energy Sector Tensions

Aramco Announces Formula 1 Sponsorship
March 11th, 2020 - 07:07 GMT

Aramco Announces Formula 1 Sponsorship

Oil Prices Recovery Supports Asia Stocks After 'Black Monday'
March 10th, 2020 - 12:59 GMT

Oil Prices Recovery Supports Asia Stocks After 'Black Monday'

Saudi Aramco to Boost Oil Output to 12.3 Million bpd Starting April
March 10th, 2020 - 12:06 GMT

Saudi Aramco to Boost Oil Output to 12.3 Million bpd Starting April

The Coronavirus Is Only Partially Responsible for the Stock Markets' Plunge
March 10th, 2020 - 11:59 GMT

The Coronavirus Is Only Partially Responsible for the Stock Markets' Plunge

US to Start Issuing Warnings Against Storing Iranian Oil
March 10th, 2020 - 08:31 GMT

US to Start Issuing Warnings Against Storing Iranian Oil

Energy markets in Turmoil: Crude Prices Dip Amid Ongoing COVID-19 Concerns
March 10th, 2020 - 08:04 GMT

Energy markets in Turmoil: Crude Prices Dip Amid Ongoing COVID-19 Concerns

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