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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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Al Bawaba
February 12th, 2015 - 08:30 GMT

How about reducing conflict first? South Sudan eyeing mining to reduce dependency on oil

The plan will aim to bolster the State’s gross domestic product (GDP)
February 12th, 2015 - 07:30 GMT

Betting on denial: Kuwait shrugs off oil price drop; plans $116bn spend

Al Bawaba
February 11th, 2015 - 09:52 GMT

A slight, yet positive, upsurge: OPEC daily basket price stood at $53.14 a barrel

Al Bawaba
February 11th, 2015 - 09:41 GMT

That didn't take long: Gasoline prices rise in Lebanon

EQUATE President & CEO Mohammad Husain
February 11th, 2015 - 12:09 GMT

EQUATE wins GPCA Plastics Excellence Award 2015

Al Bawaba
February 11th, 2015 - 11:01 GMT

DEWA highlights efforts to make Dubai the happiest city on earth at Government Summit 2015

Putin and Sisi made a brief statement after officials signed a memorandum of understanding to build a nuclear power plant in Dabaa on the Mediterranean coast – Egypt’s first
February 11th, 2015 - 08:03 GMT

Putin seen boosting Egypt relations with nuclear plant deal

Al Bawaba
February 11th, 2015 - 07:32 GMT

Saudi mandates fuel-efficiency stickers on 2015 cars

Al Bawaba
February 10th, 2015 - 10:18 GMT

UBS analyst: Brent to rebound, but further weakness ahead

The terminal can receive large oil vessels with storage capacities of up to 25,000 tonnes and has an unloading capacity of 300 metres per hour
February 10th, 2015 - 08:14 GMT

Aqaba LPG terminal to start operations by end of the month

In the fourth quarter of 2014, a total of 64 major contracts EPC, Feed and Subsea/SURF were awarded across 53 upstream developments
February 10th, 2015 - 06:53 GMT

Oil, gas contract levels in steady decline in Q4

Al Bawaba
February 9th, 2015 - 12:37 GMT

Not always depressing: Iraq's petrochemical sector to be lifted by Shell

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