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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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During the event
February 9th, 2015 - 10:31 GMT

EQUATE visits Ahmadi Governor

Al Bawaba
February 8th, 2015 - 07:47 GMT

The unlikely survivors: Will Qatar and Kuwait be the only Gulf countries to survive an oil price slide?

During the event
February 8th, 2015 - 11:32 GMT

DEWA signs MoU with Dubai Education Zone for collaboration in Conservation Award and environmental programmes

Al Bawaba
February 8th, 2015 - 06:22 GMT

ADNOC Distribution announces reduction in diesel price at all service stations in the Northern Emirates

Al Bawaba
February 8th, 2015 - 05:55 GMT

Conflicts and oil agreements: Baghdad and Erbil's truly ambivalent relationship

Al Bawaba
February 8th, 2015 - 04:55 GMT

No more energy 'crunch'? Egypt working on oil and gas exploration deals worth $9.2 billion

Al Bawaba
February 6th, 2015 - 02:28 GMT

An 'energetic',yet unwise, boom: MENA to invest $755 billion in energy projects despite oil price plunge


The strategic waterway, the fastest shipping route between Europe and Asia, is a barometer for international trade.
February 5th, 2015 - 09:22 GMT

Feeling confident: Suez Canal Authority reduces discounts for LNG carriers

Al Bawaba
February 5th, 2015 - 08:35 GMT

Not just oil troubles: Saudi Arabia's top gas exec dismissed

Al Bawaba
February 5th, 2015 - 04:55 GMT

Reasonable or over-optimistic? Total CEO expects oil price of $60 this year

Along with low oil prices, this has prompted Tehran to sweeten the terms it offers on oil development contracts to draw the interest of foreign investors.
February 4th, 2015 - 07:43 GMT

Slipping through the UAE's backdoor: How Iran is outsmarting sanctions to sell tons of fuel

Al Bawaba
February 3rd, 2015 - 09:26 GMT

Keeping up the fight for market share: Saudi Arabia expected to offer further oil discounts to Asia in March

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