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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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At its peak, oil production in South Sudan was at 350,000 barrels a day.
October 8th, 2019 - 07:19 GMT

South Sudan Renegotiates Oil Deal With Sudan

During the event
October 7th, 2019 - 09:46 GMT

Oman Oil Marketing Company Highlights Importance of Safety Culture at Oman Workplace Safety and Loss Prevention Conference

Much of Iran's natural gas comes from the South Pars field.
October 7th, 2019 - 07:35 GMT

China Withdraws $5 Billion Iran Gas Field Deal

GE HA Milestones
October 6th, 2019 - 10:37 GMT

GE Launches Latest Evolution of Its HA Gas Turbine & Secures Order for 100th Unit of the Technology

Saudi Arabia has managed to maintain supplies to customers at levels before the attacks
October 5th, 2019 - 06:00 GMT

Saudi Arabia Restores Oil Output After Attacks

The friction across the Atlantic could severely damage U.S.-EU economic relations
October 3rd, 2019 - 12:30 GMT

Oil Prices Fall as US Prepares for Tariffs on

ENOC Group unveils its pavilion at Expo 2020 Dubai
October 3rd, 2019 - 10:14 GMT

ENOC Unveils Its Pavilion at Expo 2020 Dubai: Visitors Taken on a Compelling Journey to ‘Reimagine Energy’

Last August, the government imposed a new increase in natural gas prices for the fourth time in less than one year
October 3rd, 2019 - 07:00 GMT

Turkey Increases Electricity Prices for 2nd Time in 3 Months

After the attack on the Saudi oil facilities, the Russian oil production was relatively high.
October 2nd, 2019 - 11:30 GMT

Oil Price to Remain Steady on Middle East Tension, Global Downturn

Exports of gasoline and other oil products started in late August
October 1st, 2019 - 11:00 GMT

Iran Plans to Generate $1.5 Billion Monthly Revenues Out of Gasoline Exports

Aramco is planning to select about 15 bookrunners in total
October 1st, 2019 - 10:00 GMT

Saudi Aramco to Pay Base Dividend of $75 Billion in 2020

Abu Dhabi National Oil Company
October 1st, 2019 - 06:58 GMT

ADNOC Distribution Board of Directors Approves Dh1.194 Billion Interim Dividend Payment for First Six Months of 2019

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