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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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Mohammed bin Jarsh Al Falasi.
June 27th, 2019 - 10:15 GMT

Abu Dhabi Unveils Its Energy Strategy at IEA Summit

The vessel called SALINA loaded approximately one million barrels of Iranian oil.
June 27th, 2019 - 09:34 GMT

China Receives 1 Million Barrels of Iranian Oil Cargo Post End of Waivers

The Umm Lulu Gas Treatment Platform (ULGTP), weighing 32,000 metric tonnes (MT), is one of five platforms fully manufactured by the NPCC at its fabrication yard in Musaffah, Abu Dhabi.
June 27th, 2019 - 07:39 GMT

UAE Completes World’s Largest Offshore Platforms

During the event
June 26th, 2019 - 09:21 GMT

Al Raffd Fund and Oman Oil Marketing Company Launch the 4th Edition of Tasweik

During the event
June 26th, 2019 - 07:30 GMT

ARA Petroleum and Oasis Water Win Awards as Oman’s Digital Leaders

Consumer prices in the GCC overall fell into deflation for the first time since 2000
June 24th, 2019 - 10:30 GMT

Oil Prices Rebound Amid Deflation Fears

The light sweet crude grades are a shorthand for oil that has less than 0.5 percent sulfur content.
June 24th, 2019 - 07:30 GMT

Tensions in the Arabian Gulf Region Affect the Oil Market

PricewaterhouseCoopers
June 23rd, 2019 - 08:39 GMT

Oil Revives This Quarter Amid Concerns of Deflation Weighing on Gulf Economies

There is no doubt that a severe disruption to the transit of oil through this vulnerable route would be extremely serious
June 22nd, 2019 - 05:00 GMT

Crude Prices Up Due to Fears of US Attack on Iran

OPEC committee sees global oil inventories shrinking by almost 500,000 barrels a day if the group keeps restraining supplies.
June 20th, 2019 - 12:30 GMT

OPEC+ Meeting to Be Held on July 1-2 in Vienna

China could also be importing Iranian oil
June 20th, 2019 - 10:00 GMT

China Continues Buying Liquefied Petroleum Gas From Iran Despite US Sanctions

According to GlobalData, the global robotics industry is set to grow at a compound annual growth rate of 16 per cent from $98.2 billion in 2018 to $277.8 billion in 2025.
June 19th, 2019 - 08:11 GMT

Oil and Gas Industry Ready for Deploying Robotics Technologies

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