Oil and Renewables | Al Bawaba

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Shell company building

July 30th, 2026 - 09:20 GMT

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 ...

Egypt became self-sufficient in natural gas in late 2018

October 22nd, 2019 - 06:30 GMT

Egypt Exports 172.8 Billion Cubic Feet of LNG from Idku in 2018/19

when the final deal about this zone is reached, the two countries will start discussing the resumption of oil production.

October 22nd, 2019 - 06:00 GMT

Kuwait, Saudi Arabia Agree to Resume Neutral Oil Production Zone

The local prices of gasoline are subject to change due to changes in export prices from the Kingdom to international markets.

October 20th, 2019 - 01:00 GMT

Saudi Aramco Updates Gasoline Prices for 4th Quarter of 2019

Energy expert Dr. Ahmed Hassan acknowledged the huge gap between the country's electricity production and consumption

October 20th, 2019 - 06:30 GMT

Sudan to Generate Electricity From Renewables

During the event

October 17th, 2019 - 09:23 GMT

EQUATE Sponsors the Kuwait Oil & Gas Show and Conference 2019

Besides oil and gas, technology, construction and medical equipment were the standout performers as they witnessed double digit growth in terms of combined revenue and profitability.

October 17th, 2019 - 06:42 GMT

Oil,Gas Outperforms Other Sector in Terms of Combined Revenue in 2018

Shell’s Vice Executive President Upstream Joint Ventures Gerald Schotman, for his part, said that the growth of natural gas production in maritime areas in Egypt plays a crucial role in the renaissance of gas.

October 17th, 2019 - 06:21 GMT

Egypt: Oil Sector Achieves Highest Investment Rate Value at $30 Billion

Italian energy company Eni is gearing up to start drilling for the first oil exploratory

October 16th, 2019 - 12:00 GMT

Bahrain Oil Investments Reach $8 Billion

OPEC+, have pledged to cut production by 1.2 million barrels per day (bpd) until March 2020

October 16th, 2019 - 11:00 GMT

OPEC, Allies to Maintain Oil Market Stability Beyond 2020

During the event

October 16th, 2019 - 10:46 GMT

Oman Oil Marketing Company Reinforces ‘More and Better’ Promise With Its Customer Care Week

The deal is expected to close early next year, subject to regulatory approvals and closing conditions, said the statement from Aramco.

October 15th, 2019 - 09:55 GMT

Saudi Aramco Inks 9 MoUs With Russian Firms

The concept of a circular carbon economy offers a new way of approaching climate goals that values all options and encourages all efforts to mitigate greenhouse gas emissions.

October 15th, 2019 - 06:38 GMT

Aramco: Net Zero Greenhouse Gas Emission Is Our Target