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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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Oil prices slightly rise amidst Red Sea shipping disruptions and Middle East tensions
January 3rd, 2024 - 09:07 GMT

Oil prices slightly rise amidst Red Sea shipping disruptions and Middle East tensions

Bitcoin cryptocurrency
January 2nd, 2024 - 02:41 GMT
Osama Ali

Bitcoin surges to 21-month high

Oil prices surge 2% as naval conflict in the Red Sea raises supply disruption concerns
January 2nd, 2024 - 08:12 GMT

Oil prices surge 2% as naval conflict in the Red Sea raises supply disruption concerns

chest of gold
December 29th, 2023 - 03:55 GMT
Osama Ali

Saudi Arabia unveils massive Gold deposits following oil discoveries

Brent brand oil
December 29th, 2023 - 12:15 GMT
Osama Ali

Oil plunge at year's end: Unprecedented in 3 Years – What's behind the sharp drop?

Saudi Aramco and Intel Collaborate to establish first open wireless access network development center in the Kingdom
December 26th, 2023 - 07:25 GMT

Saudi Aramco and Intel Collaborate to establish first open wireless access network development center in the Kingdom

Oil prices up on tensions over Dead Sea shipping disruption
December 24th, 2023 - 01:29 GMT

Oil prices up on tensions over Dead Sea shipping disruption

Angola is leaving OPEC over oil cut disputes
December 21st, 2023 - 12:56 GMT

Angola is leaving OPEC over oil cut disputes

Oil prices down against slightly weaker US dollar
December 21st, 2023 - 09:54 GMT

Oil prices down against slightly weaker US dollar

Markets brace for weeks of Red Sea shipping disruption
December 20th, 2023 - 02:11 GMT

Markets brace for weeks of Red Sea shipping disruption

US dollar, oil prices rally on Red Sea shipping risks, anti-Houthi coalition
December 20th, 2023 - 11:49 GMT

US dollar, oil prices rally on Red Sea shipping risks, anti-Houthi coalition

Oil prices hit 2-week high, US dollar little changed
December 19th, 2023 - 01:02 GMT

Oil prices hit 2-week high, US dollar little changed

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