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 ...

Considering India’s growth potential, the kingdom is eyeing long-term partnerships with New Delhi in key sectors such as oil, gas and mining

September 30th, 2019 - 10:00 GMT

Saudi Arabia to Invest $100 Billion in India’s Petchem Sector

The beneficiary families are among 7,000 households the ministry plans to include in the project by 2020

September 30th, 2019 - 08:00 GMT

Jordan to Install 1st Phase of Solar Project to Power 2,213 Homes

The solar power market in MENA is estimated to be worth more than $20 billion, according to MESIA

September 29th, 2019 - 08:00 GMT

$15 Billion Solar Projects in the Middle East Expected to Be Operational in 5 Years

Iraq held its position as the top oil supplier to India followed by Saudi Arabia.

September 28th, 2019 - 09:00 GMT

India’s Oil Imports From Iraq Jump to a High Record in August

Fatih Birol, Executive Director of the International Energy Agency

September 28th, 2019 - 07:57 GMT

IEA May Cut Its Growth Estimates for Global Oil Demand for 2019 and 2020

Output will reach 960 thousand barrels per day by the end of the week.

September 26th, 2019 - 09:00 GMT

Gas Output Recovers, Stands at 900 Million Standard Cubic Feet in Saudi Arabia

Saudi Arabia's oil production was down by 5.7 million barrels per day (mbpd) due to drone attacks

September 25th, 2019 - 08:30 GMT

Oil Prices Down As Saudi Arabia Is Expected to Restore Full Production by Next Week

Both Aramco plants were hit in drone and missile attacks on Sept. 14 that caused fires and significant damage, halving the country’s oil output.

September 24th, 2019 - 08:17 GMT

Saudi Arabia Restores Over 75 Percent of Oil Production Level Pre-Attack

Boris Johnson.

September 23rd, 2019 - 09:24 GMT

UK Blames Iran for Aramco Attack

Non-oil exchange between the two countries reached Dh107.4 billion in 2018, a surge of 35 per cent over 2017.

September 23rd, 2019 - 08:34 GMT

UAE-Saudi Non-Oil Trade Exceeds $113 Billion Over the Past 5 Years

The attacks cemented to the world the great importance of Saudi Arabia and its oil industry.

September 22nd, 2019 - 11:30 GMT

Saudi Aramco Stronger Than Ever After the Attacks

The minister highlighted to this end the calm witnessed in Egypt, which encourages investors.

September 22nd, 2019 - 08:00 GMT

Egypt Achieves Highest Level in Gas Production