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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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OPEC states that oil demand will rise to 120M barrels per day by 2050
September 25th, 2024 - 06:11 GMT
Reema Tuqan

OPEC: Oil demand will rise to 120M barrels per day by 2050

Oil prices jump amid Middle East tensions
September 24th, 2024 - 09:25 GMT
Reema Tuqan

Oil prices significantly jump amid Middle East tensions

Cyprus signs agreement with Greece for undersea electrical interconnection
September 22nd, 2024 - 07:15 GMT
Reema Tuqan

Cyprus signs deal with Greece for undersea electrical interconnection

Saudi Arabia set to establish first nuclear power plant
September 16th, 2024 - 08:21 GMT

Saudi Arabia set to establish first nuclear power plant

Saipem, the Italian company, wins $4 billion contract from QatarEnergy
September 16th, 2024 - 05:54 GMT
Reema Tuqan

Saipem, the Italian company, wins $4 billion contract from QatarEnergy

TAQA
September 16th, 2024 - 05:38 GMT

TAQA Announces New Unified Customer Facing Distribution Company and Launches New Brands for its Group Companies

Brent oil drops under $70 as OPEC+ extends cuts through November
September 10th, 2024 - 03:37 GMT

Brent oil drops under $70 as OPEC+ extends cuts through November

UAE finalizes Arab world’s first nuclear power plant, Barakah
September 5th, 2024 - 09:01 GMT

UAE finalizes Arab world’s first nuclear power plant, Barakah plant

Two sanctioned Russian tycoons own shares in UK oil company Harbour Energy
September 4th, 2024 - 07:21 GMT
Reema Tuqan

Sanctioned Russian tycoons buy shares in UK oil company Harbour Energy

Gautam Adani, the Indian billionaire, develops $476M powerline project
September 4th, 2024 - 06:29 GMT
Reema Tuqan

Indian billionaire Gautam Adani develops $476M powerline project

Dubai generates over 100,000 liters of fresh water daily from air
September 3rd, 2024 - 06:28 GMT
Reema Tuqan

Dubai generates over 100,000 liters of fresh water daily from air

QatarEnergy announces new solar power plant to double production by 2030
September 2nd, 2024 - 07:13 GMT
Reema Tuqan

QatarEnergy announces new solar power plant to double production by 2030

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