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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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Iran condemns US oil sanctions
October 13th, 2024 - 09:16 GMT
Reema Tuqan

Iran condemns US oil sanctions

Bentley Systems
October 10th, 2024 - 09:24 GMT

Bentley Systems Announces Generative AI Game-Changer for Civil Site Design

Florida gas stations face fuel shortages as Hurricane Milton approaches
October 9th, 2024 - 10:14 GMT
Reema Tuqan

Florida gas stations face fuel shortages as Hurricane Milton approaches

Could Oil prices hit $100 as Middle East regional war looms closer?
October 7th, 2024 - 05:35 GMT

Could Oil prices hit $100 as Middle East regional war looms closer?

Tensions escalate as Iranian oil minister visits Khark Island amid Israeli threats
October 6th, 2024 - 08:48 GMT

Tensions escalate as Iranian oil minister visits Khark Island amid Israeli threats

International Energy Agency warns of global gas crisis this winter
October 5th, 2024 - 09:47 GMT
Reema Tuqan

International Energy Agency warns of global gas crisis this winter

Gold and oil prices
October 2nd, 2024 - 06:40 GMT
Reema Tuqan

Gold and oil prices surge significantly following the Iranian attack on Israel

US stocks tank while oil prices climb amid Middle Mast escalation fears
October 1st, 2024 - 08:55 GMT

US stocks tank while oil prices climb amid Middle Mast escalation fears

Saudi Arabia projects long-term deficit amid vision 2030 spending
September 30th, 2024 - 09:09 GMT

Saudi Arabia projects long-term deficit amid vision 2030 spending

Saudi Arabia issues first license for gas cylinders sales
September 30th, 2024 - 06:45 GMT
Reema Tuqan

Saudi Arabia issues first license for gas cylinders sales

UAE petrol prices drop for October, gold remains at high records
September 30th, 2024 - 05:06 GMT
Reema Tuqan

UAE petrol prices drop for October, gold remains at high records

Kuwait plans to increase gasoline prices exclusively for expats
September 26th, 2024 - 05:33 GMT
Reema Tuqan

Kuwait plans to increase gasoline prices exclusively for expats

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