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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 ACWA Power, Uzbekistan Ministry Sign $2.5 Billion Deals
March 9th, 2020 - 12:07 GMT

Saudi ACWA Power, Uzbekistan Ministry Sign $2.5 Billion Deals

Oil Nose-Dives 30 Percent As Saudi Arabia Cut Prices
March 9th, 2020 - 06:11 GMT

Oil Nose-Dives 30 Percent As Saudi Arabia Cut Prices

Oil Prices Nose-Dive 10 Percent As OPEC, Russia Fails to Strike A Deal
March 7th, 2020 - 01:20 GMT

Oil Prices Nose-Dive 10 Percent As OPEC, Russia Fails to Strike A Deal

Iran: Coronavirus Didn't Affect Oil, Gas Production
March 5th, 2020 - 09:01 GMT

Iran: Coronavirus Didn't Affect Oil, Gas Production

US Excludes Russian Oil Company from North Korea Sanctions List
March 3rd, 2020 - 07:48 GMT

US Excludes Russian Oil Company from North Korea Sanctions List

OPEC+ Under The Microscope As Coronavirus Continue to Affect Oil Prices
March 3rd, 2020 - 07:22 GMT

OPEC+ Under The Microscope As Coronavirus Continue to Affect Oil Prices

UAE: Dubai's Non-Oil Foreign Trade Soar 6 Percent in 2019
March 1st, 2020 - 06:19 GMT

UAE: Dubai's Non-Oil Foreign Trade Soar 6 Percent in 2019

Energy Storage Market's Annual Revenue to Hit $546 Billion by 2035
February 26th, 2020 - 08:43 GMT

Energy Storage Market's Annual Revenue to Hit $546 Billion by 2035

Senegal Launches The First Big Renewable Wind-Powered Plant in West Africa
February 26th, 2020 - 08:20 GMT

Senegal Launches The First Big Renewable Wind-Powered Plant in West Africa

Lebanon: Total Drillship To Start Oil And Gas Exploration
February 26th, 2020 - 06:13 GMT

Lebanon: Total Drillship To Start Oil And Gas Exploration

Saudi Aramco Inks 66 MoUs worth $21 Billion
February 25th, 2020 - 12:36 GMT

Saudi Aramco Inks 66 MoUs worth $21 Billion

Saudi Arabia to Launch New Strategy for Energy Sector in 3 Months
February 25th, 2020 - 07:02 GMT

Saudi Arabia to Launch New Strategy for Energy Sector in 3 Months

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