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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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Al Bawaba
April 16th, 2014 - 06:47 GMT

Omanoil Offers Business Opportunities for SMEs to Operate Car Care Centers

Renewed exports will restore much-needed revenue stream for Libya's weak central government following the 2011 overthrow of Moamer Kadhafi.
April 16th, 2014 - 02:04 GMT

After $14 billion down the drain, Libyan oil is back on the market

Al Bawaba
April 15th, 2014 - 01:00 GMT

Turn off the lights: Egypt prepares for 25 percent fuel hike this summer

Al Bawaba
April 15th, 2014 - 11:35 GMT

ENOC Retail Offers over 60 Lucky Customers at ZOOM Stores on Dubai Metro Network Free Travel for a Year

Current desalination techniques are typically very energy intensive: energy consumption can account for up to 70 per cent of the desalination costs
April 15th, 2014 - 11:26 GMT

GE and Saudi Aramco Launch Global Innovation Challenge to Find Renewable Energy Solutions

Al Bawaba
April 15th, 2014 - 10:14 GMT

Oil giant BP announces $3 billion project in Oman

Oil prices received an additional boost following delays in resuming oil exports from Libya.
April 15th, 2014 - 02:55 GMT

Crude oil climbs to 5-week highs amidst intensified Ukraine, Libya crisis

Kuwait's refining capacity will reach over 1.4 million bpd from the current level of 930,000 bpd, when the projects are completed.
April 14th, 2014 - 05:45 GMT

Moving forward? Not with diversification at least, Kuwait signs $12 billion worth of oil contracts, tenders others

Iran will build six oil refineries in Indonesia's Benten and West Java regions (File Archive)
April 14th, 2014 - 10:00 GMT

Iran set to build oil refineries in this Islamic country

“We will focus on the country’s historic strategy, which is to supply international markets with oil, especially the challenges facing the market as well as the future role of the member states of Opec.”
April 14th, 2014 - 02:55 GMT

The diversified economy farce: UAE striving to raise oil production capacities to 3.5 bpd

Saeed Khoory, CEO of ENOC and Board Member of the Dubai Supreme Council of Energy, said: “WETEX is a flagship event that highlights the thought leadership of Dubai in promoting energy and water use efficiency
April 13th, 2014 - 02:29 GMT

ENOC Puts Spotlight on Sustainability Initiatives and RFID Technology at WETEX 2014

Al Bawaba
April 13th, 2014 - 02:00 GMT

Invading the market? Iraq set to export 300 million oil barrels in 2014

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