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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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Hydrogen is the fuel of the future, and it always will be.
June 18th, 2019 - 06:45 GMT

Aramco Opens First Hydrogen Filling Station in Saudi Arabia

During the event
June 16th, 2019 - 10:45 GMT

Oman Oil Marketing Company to Launch Steers and Debonairs Pizza at Its Service Stations Across the Sultanate

The energy equilibrium in the Eastern Mediterranean presents various problems but also opportunities for cooperation among the parties involved.
June 16th, 2019 - 09:43 GMT

An Overview On Energy Resources in Eastern Mediterranean

The diversification of the renewable energy supply chain is changing the sector’s geographic footprint.
June 16th, 2019 - 07:45 GMT

Number of People Working in Renewable Energy Increased to 11 Million in 2018

An Iranian navy boat tries to stop the fire of an oil tanker after it was attacked in the Gulf of Oman.
June 16th, 2019 - 06:56 GMT

UK to Send 100 Royal Marines to Strait of Hormuz to Protect British Ships

The facilities, owned by the Jordan Oil Terminals Company (JOTC), will effectively provide a strategic reserve of fuel for emergency cases
June 14th, 2019 - 03:00 GMT

Project Funded by UAE to Provide Jordan with Strategic Oil Reserve

Brent crude futures were up $1.71, or 2.85 percent, at $61.68 a barrel by 0908 GMT, having risen as much as 4.45 percent to $62.64.
June 14th, 2019 - 07:30 GMT

Oil Prices Rise Following the Tanker Attack in Gulf of Oman

The new wells aim to ultimately contribute to Jordan’s total energy mix.
June 13th, 2019 - 10:30 GMT

Jordan to Drill Three New Gas Wells

The area is near the Strait of Hormuz, a strategic waterway through which nearly one-third of all oil traded by sea passes.
June 13th, 2019 - 10:10 GMT

BREAKING NEWS: Explosions Target Two Large Oil Tankers in Gulf of Oman

US crude inventories rose by 4.9 million barrels in the week ended June 7 to 482.8 million barrels.
June 13th, 2019 - 07:09 GMT

Oil Supply Cuts to Be Extended at Least Until End of Year

The project goes beyond Facebook's goal to use renewable energy to power its data centers, where the social media giant stores photos, videos and other information that people post on the platform.
June 12th, 2019 - 09:43 GMT

Facebook Builds One of the Largest Solar Projects in US

Saif Humaid Al Falasi, Group Chief Executive Officer of ENOC
June 10th, 2019 - 10:45 GMT

ENOC Group Secures $690 Million Term Loan From a Consortium of Chinese Banks

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