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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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Dana warned the KRG could face sanctions if the autonomous region failed to pay the money to its consortium,
December 16th, 2014 - 03:29 GMT

Missed deadlines: London arbitration court orders Kurdistan to pay Dana gas $100 million

Al Bawaba
December 16th, 2014 - 09:12 GMT

ENOC hosts student delegation from Sam Houston State University in Texas

Al Bawaba
December 15th, 2014 - 06:55 GMT

Slow and ‘stubborn’ wins the race? UAE minister says OPEC won’t change output even if oil hits $40

Al Bawaba
December 15th, 2014 - 03:26 GMT

Perfect timing for some? Libya's largest oil port shuts down

Al Bawaba
December 14th, 2014 - 06:28 GMT

More like the ‘gold’ lining? Oil price fall a golden opportunity to switch to clean energy, says IEA

Al Bawaba
December 14th, 2014 - 06:17 GMT

Keeping up the fight for market share? Saudi oil production inches up in November

Al Bawaba
December 14th, 2014 - 06:09 GMT

EQUATE sponsors Engineering College’s Career Fair


With $60 mark already there, some others too are now saying that $50 is in sight
December 14th, 2014 - 05:55 GMT

Oil markets downward spiral 'unbriddled'

Al Bawaba
December 11th, 2014 - 04:40 GMT

The blame game commences: Rouhani calls plunging oil prices 'political conspiracy'

"I can't accept having my history stigmatised with approving a deal that might harm Jordan and Jordanians. The government is here to serve the country and its interests," the premier said.
December 10th, 2014 - 09:32 GMT

Not 'sitting' well? Jordan's Lower House recommends scrapping tentative gas deal with Israel

Jordan currently imports 97% of its energy, paying at least double what it would pay for Israeli gas.
December 10th, 2014 - 06:01 GMT

Jordan's energy minister wholeheartedly sells gas deal with Israel

Oil prices will stay at about $65 a barrel for at least half a year until OPEC changes its collective production
December 10th, 2014 - 05:36 GMT

Kuwait says oil prices 'stuck' at $65, unless OPEC changes it mind

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