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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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WEEKLY ENERGY RECAP: IEA pursues negative narrative
January 12th, 2020 - 09:52 GMT

Energy Agency Forecasts Oil Cap in 2020 Citing Oversupply and Low Demand

Investments in Mena's gas Sector to Plummet by $70 Billion Over the Next 5 Years
January 10th, 2020 - 02:29 GMT

Investments in Mena's gas Sector to Plummet by $70 Billion Over the Next 5 Years

Oil Prices Plummet Amid Concerns Over US-Iran Tensions
January 9th, 2020 - 09:56 GMT

Oil Prices Plummet Amid Concerns Over US-Iran Tensions

Russia, Turkey Inaugurate TurkStream Pipeline
January 9th, 2020 - 08:54 GMT

Russia, Turkey Inaugurate TurkStream Pipeline

Samsung, TR Ink $3.7 Billion Refinery Deal in Algeria
January 9th, 2020 - 08:07 GMT

Samsung, TR Ink $3.7 Billion Refinery Deal in Algeria

UAE: No Risk to Oil Supply Despite US-Iran Tensions
January 9th, 2020 - 07:21 GMT

UAE: No Risk to Oil Supply Despite US-Iran Tensions

Oman Oil Marketing Company Launches Oman’s First Green Service Station
January 8th, 2020 - 11:16 GMT

Oman Oil Marketing Company Launches Oman’s First Green Service Station

TurkStream to Strengthen Turkish-Russian Relations
January 8th, 2020 - 09:11 GMT

TurkStream to Strengthen Turkish-Russian Relations

Oil Prices Soar Amid Rising Geopolitical Tensions
January 7th, 2020 - 09:44 GMT

Oil Prices Soar Amid Rising Geopolitical Tensions

Oman Oil Marketing Company Reveals Hirfati Competition Winners
January 6th, 2020 - 11:45 GMT

Oman Oil Marketing Company Reveals Hirfati Competition Winners

Israel Starts Supplying Jordan With Gas on 'Experimental' Basis
January 6th, 2020 - 09:26 GMT

Israel Starts Supplying Jordan With Gas on 'Experimental' Basis

UAE: Sharjah Saves $5.44 Million by Recycling Transformer Oil
January 5th, 2020 - 08:31 GMT

UAE: Sharjah Saves $5.44 Million by Recycling Transformer Oil

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