Oil and Renewables | Al Bawaba

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Shell company building

July 30th, 2026 - 09:20 GMT

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 ...

Al Bawaba

November 12th, 2014 - 08:39 GMT

Abu Dhabi firm wins major $3 billion deal for Nasr Field project

Al Bawaba

November 12th, 2014 - 04:55 GMT

ISIL may have smuggled oil into Turkey- using donkeys

Kuwait has no plans to cut its own crude production, which should increase to 4 million barrels from a current by 2020,

November 11th, 2014 - 07:20 GMT

Keep calm and carry on: OPEC will not slash oil output

"We need to put policy on it. We need to put an order to it so we can do something regarding consumption."

November 11th, 2014 - 02:01 GMT

The tide is shifting: Petrol subsidy reform looms over Kuwait

“The Shah Gas Project is on track to commence production in 2014."

November 11th, 2014 - 01:29 GMT

The worst time possible? UAE invested $70 billion to boost oil an gas output

Markets should not panic over the recent plunge of oil prices because the situation will resolve itself,

November 11th, 2014 - 02:01 GMT

Rational or delusional? OPEC boss says oil price situation will 'fix itself'

Lower oil prices would lead to the reduction of the deficit incurred by Lebanon’s state-owned electricity company, improvement.

November 11th, 2014 - 01:56 GMT

Nothing lasts forever: how the oil price slump will affect Lebanon

On average, hydrocarbon revenues constitute 46 per cent of nominal GDP and three-quarters of total exports for the six GCC countries.

November 11th, 2014 - 01:02 GMT

The domino effect: oil price decline to dampen infrastructure in the GCC

Iran’s relations with the West have thawed since relative moderate Hassan Rouhani was elected president last year seeking to end Iran’s international isolation.

November 10th, 2014 - 12:47 GMT

History in the making? US, EU, and Iran commence nuclear negotiations in Oman

Conspiracy theorists seem in abundance - and - all around!

November 10th, 2014 - 12:10 GMT

To be taken with a grain of salt: conspiracy theorists have 'perfect' explanations for what's happening in the oil market

S&P said that Oman and Bahrain were the most vulnerable to any drop in oil prices while Qatar and the UAE were the least vulnerable.

November 9th, 2014 - 11:53 GMT

Can the same be said about real estate? Dubai 'insulated' from oil price slide

Al Bawaba

November 9th, 2014 - 08:29 GMT

ENOC marks CSR milestone with 10th edition of ‘ENOC Challenge’ to empower people with special needs