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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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Saudi Arabia
May 6th, 2024 - 05:54 GMT

Saudi Arabia’s non-oil revenues are up by 9% in Q1 2024

gas production
May 5th, 2024 - 04:12 GMT

Russia's gas production rises to 196 billion cubic metres

climate change
May 5th, 2024 - 02:12 GMT

Korea commits $2 billion in cofinancing for climate change-related projects

bioethanol
May 5th, 2024 - 01:52 GMT

Indonesia plans to use corn, sugarcane, seaweed to make bioethanol

UAE National Committee of Biosecurity Holds Second Meeting for 2024 and Discussed Epidemic Preparedness Map Project and National Biosecurity Framework
May 5th, 2024 - 09:34 GMT

UAE National Committee of Biosecurity Holds Second Meeting for 2024 and Discussed Epidemic Preparedness Map Project and National Biosecurity Framework

green economy
May 2nd, 2024 - 08:10 GMT

EU pledges €7.4bn to back Egypt’s green economy plans

Middle East
May 2nd, 2024 - 07:48 GMT

Oil prices fall amid Middle East hopes for cease-fire

ADNOC, G42 and Presight Partner to Accelerate AI Solutions for the Energy Sector
May 2nd, 2024 - 06:08 GMT

ADNOC, G42 and Presight Partner to Accelerate AI Solutions for the Energy Sector

diversifying energy
May 1st, 2024 - 09:49 GMT

US praises Turkey for its key role in diversifying energy

Malaysia
May 1st, 2024 - 08:09 GMT

Malaysia to receive $10bn investment from ACWA Power in renewable energy sector

charging points
May 1st, 2024 - 06:29 GMT

European carmakers call for the need of more charging points

coal plants
April 30th, 2024 - 08:45 GMT

G7 reaches a deal to shut down coal plants by 2035

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