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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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China oil imports from Iran hit new highs in August
August 16th, 2023 - 10:59 GMT

China oil imports from Iran hit new highs in August

Oil prices slip slightly on China concerns
August 16th, 2023 - 10:19 GMT

Oil prices slip slightly on China concerns

Oil prices rise on surprise rate cuts in China
August 15th, 2023 - 12:03 GMT

Oil prices rise on surprise rate cuts in China

Oil prices slip despite tightening supply
August 14th, 2023 - 08:54 GMT

Oil prices slip despite tightening supply

Did US climate plan disrupt investment flows?
August 13th, 2023 - 09:10 GMT

Did US climate plan disrupt investment flows?

First Green Energy-powered water desalination project in Oman
August 13th, 2023 - 07:17 GMT

First Green Energy-powered water desalination project in Oman

UAE stock markets
August 10th, 2023 - 03:52 GMT
Mansour Al-Maswari

UAE stock markets slide on global economic concerns and oil price instability

UAE’s ADNOC awards new gas infrastructure contract
August 9th, 2023 - 01:12 GMT

UAE’s ADNOC awards new gas infrastructure contract

Oil prices slip on drop in China exports, imports data
August 8th, 2023 - 10:45 GMT

Oil prices slip on drop in China exports, imports data

Oil prices dipped despite more cuts by Saudi Arabia, Russia
August 7th, 2023 - 12:42 GMT

Oil prices dipped despite more cuts by Saudi Arabia, Russia

PERN may reopen Poland’s Duzhba pipeline by Tuesday
August 7th, 2023 - 12:21 GMT

PERN may reopen Poland’s Duzhba pipeline by Tuesday

Saudi Aramco Announces 37.89% Decline in Net Profits for Q2 2023
August 7th, 2023 - 10:38 GMT

Saudi Aramco announces 37.89% decline in net profits

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