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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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Oil prices rise on OPEC+ cuts, weaker US dollar
July 11th, 2023 - 09:40 GMT

Oil prices rise on OPEC+ cuts, weaker US dollar

Iraq signs $10b energy deal with TotalEnergies
July 10th, 2023 - 01:46 GMT

Iraq signs $10b energy deal with TotalEnergies

Oil prices slip on US, China data, demand concerns
July 10th, 2023 - 08:58 GMT

Oil prices slip on US, China data, demand concerns

KSA
July 9th, 2023 - 07:11 GMT
Mansour Al-Maswari

Saudi-Kuwait joint committee advances shared projects, strengthens cooperation

Oil prices up but Saudi’s production cuts may backfire
July 9th, 2023 - 12:04 GMT

Oil prices up but Saudi’s production cuts may backfire

KSA & UAE
July 5th, 2023 - 02:36 GMT
Mansour Al-Maswari

Non-oil sectors in KSA & UAE strengthen-business activity grows

Oil prices up, stocks halt on supply, economy concerns
July 4th, 2023 - 12:53 GMT

Oil prices up, stocks halt on supply, economy concerns

Nissan Middle East
July 4th, 2023 - 08:46 GMT

Nissan commits to CO2 Reduction across its Operations in the Middle East

ESO and Oman Shell Collaborate to Protect the Rich Biodiversity and Heritage of Frankincense Habitats
July 4th, 2023 - 06:41 GMT

ESO and Oman Shell Collaborate to Protect the Rich Biodiversity and Heritage of Frankincense Habitats

Egypt announces $9b in refining, petrochemical projects
July 2nd, 2023 - 11:04 GMT

Egypt announces $9b in refining, petrochemical projects

Oil prices up on supply worries, US demand forecasts
June 27th, 2023 - 01:37 GMT

Oil prices up on supply worries, US demand forecasts

Oil prices up on possible turmoil in Russia
June 26th, 2023 - 09:47 GMT

Oil prices up on possible turmoil in Russia

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