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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, Kuwait Ink Deal on Shared Oilfields to End a Five-year Dispute
December 25th, 2019 - 10:27 GMT

Saudi Arabia, Kuwait Ink Deal on Shared Oilfields to End a Five-year Dispute

Israel to Ink Gas Pipeline Deal with Greece, Cyprus
December 23rd, 2019 - 10:41 GMT

Israel to Ink Gas Pipeline Deal with Greece, Cyprus

Will the Oil Trade at $100 in 2020?
December 21st, 2019 - 06:30 GMT

Will Oil Prices Trade at $100 in 2020?

MENA Gas Sector Investments to Plummet by $70 Billion Over the Next 5 Years
December 19th, 2019 - 08:00 GMT

MENA Gas Sector Investments to Plummet by $70 Billion Over the Next 5 Years

Oman: GDP for the First Six Months of 2019 Exceeds OMR14 Billion
December 19th, 2019 - 06:21 GMT

Oman: GDP for the First Six Months of 2019 Exceeds OMR14 Billion

ADNOC Distribution Unveils Next-Generation Oasis Convenience Store to Better Serve Customers
December 18th, 2019 - 11:08 GMT

ADNOC Distribution Unveils Next-Generation Oasis Convenience Store to Better Serve Customers

Israel Open to Talks With Turkey on Building Gas Pipeline
December 18th, 2019 - 09:46 GMT

Israel Open to Talks With Turkey on Building Gas Pipeline

Oman Oil and Orpic Group Rebrand to OQ Under the Patronage of H.E. Dr. Mohammed Bin Hamed Al Rumhi
December 18th, 2019 - 08:52 GMT

Oman Oil and Orpic Group Rebrand to OQ Under the Patronage of H.E. Dr. Mohammed Bin Hamed Al Rumhi

Aramco Acquires 17 Percent of Hyundai Oilbank for $1.2 Billion
December 18th, 2019 - 08:25 GMT

Aramco Acquires 17 Percent of Hyundai Oilbank for $1.2 Billion

Egypt Finalizes Second Phase of $2.1 Billion Solar Park
December 18th, 2019 - 07:49 GMT

Egypt Finalizes Second Phase of $2.1 Billion Solar Park

Will We Witness an Oversupply in the Oil Market in 2020?
December 16th, 2019 - 10:23 GMT

Will We Witness an Oversupply in the Oil Market in 2020?

Aramco Shares up for the Third Day in a Row, Hit $9.97
December 16th, 2019 - 06:27 GMT

Aramco Shares up for the Third Day in a Row, Hit $9.97

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