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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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The search for gas has been a priority for Saudi Arabia as it struggles to keep pace with rapidly rising domestic demand.
July 7th, 2014 - 11:44 GMT

It's complicated: Shell gives up its gas investments in Saudi Arabia

Al Bawaba
July 7th, 2014 - 10:51 GMT

DEWA receives delegation from Commercial Bank of Dubai

Yemen's income from oil exports tumbled by over 64 per cent to $73.4 million in May from a year ago,
July 7th, 2014 - 03:55 GMT

How much more can the country handle? Yemen's oil exports down 60%

Al Bawaba
July 7th, 2014 - 01:01 GMT

The end of the energy market as we know it: US overtakes Russia and Saudi Arabia as world's largest oil and gas producer

Al Bawaba
July 6th, 2014 - 06:37 GMT

DEWA launches its Samsung Gear 2 app for smart watches

Al Bawaba
July 6th, 2014 - 03:55 GMT

Adding fuel to the fire: how Egypt's prime minster is seeking to justify subsidy cuts

Al Bawaba
July 4th, 2014 - 12:59 GMT

Avoiding rock bottom: Libya declares oil crisis done and over with

Al Bawaba
July 2nd, 2014 - 09:18 GMT

ENOC marks Ramadan with socially responsible initiatives that make a difference

Al Bawaba
July 2nd, 2014 - 07:12 GMT

Emarat carries out a successful fire drill

A preliminary Reuters poll estimated a decline of 2.3 million barrels.
July 2nd, 2014 - 03:55 GMT

An unnecessary development: oil prices surpass $112

Al Bawaba
July 1st, 2014 - 06:25 GMT

Emojet wins the Golden Aviation Wings Award from ExxonMobil for continued outstanding contribution to aviation safety

S&P noted that hydrocarbon revenues constitute almost 46 per cent of nominal GDP and three-quarters of total exports of the six GCC nations.
July 1st, 2014 - 03:55 GMT

Nothings lasts forever: Bahrain, Oman most vulnerable to impending drop in oil prices

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