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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 government aims to export green power to Europe via Spain in coming years.
February 28th, 2014 - 01:06 GMT

Morocco opens final tender on $1.7 billion wind farm

Al Bawaba
February 27th, 2014 - 09:51 GMT

MD & CEO of DEWA receives US Consul General

The UAE Energy Minister, Suhail bin Mohammed Faraj Faris Al Mazrouei, and Japan’s Minister of Economy, Trade and Industry, Toshimitsu Motegi, signed a MoU on the peaceful use of nuclear energy in the UAE
February 27th, 2014 - 08:45 GMT

Japan, UAE further cement ties with memorandum on nuclear energy

Fuel and related energy sources have forced Gaza to increasingly rely on solar power as their main energy source (File Archive/Shutterstock)
February 26th, 2014 - 11:52 GMT

Inshallah, it's always sunny in Gaza: solar power becoming strip's main power source

Al Bawaba
February 26th, 2014 - 08:52 GMT

Emarat honors 34 employees who have spent 10 years or more at its service stations

IPIC delivered $26 billion in revenues in the first half of 2013 and an operating income of $1.42 billion, making it one of the largest, most profitable joint stock companies in the UAE.
February 25th, 2014 - 05:25 GMT

The hidden giant: Abu Dhabi's oil IPIC is emerging stronger than ever

Al Bawaba
February 25th, 2014 - 04:51 GMT

Natural gas deposits may be on this unexpected MENA shore...

Al Bawaba
February 25th, 2014 - 05:25 GMT

DEWA participates in energy and water rationalisation campaigns at Winter Awareness Camp

Turkey will also import at least 5 million tons (100,000 barrels per day) of Iranian crude in 2014, the same amount that it purchased last year,
February 25th, 2014 - 03:55 GMT

Business and friends don't mix: Iran refuses to lower gas price for Turkey, despite complain

Al Bawaba
February 24th, 2014 - 12:30 GMT

Omanoil employees recognized for upholding highest standard of customer care

Al Bawaba
February 24th, 2014 - 12:18 GMT

ENOC honours over 40 UAE National Development Programme graduates

ArabPlast 2015 will showcase latest technologies and track market trends of the Middle East petrochemicals industry
February 24th, 2014 - 07:55 GMT

What diversification? KSA Petrochemical exports projected to reach 100 million tonnes by 2016, marking a whooping 250% growth

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