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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
February 13th, 2014 - 03:00 GMT

Moscow's second largest oil producer wants to invest in this MENA economy

Al Bawaba
February 13th, 2014 - 07:55 GMT

Lebanese to rake in billions of liras from....oil?

The Clean Fuels Project is a specification upgrade and expansion of Kuwait’s largest refineries as part of the Gulf state’s economic development plan, which has faced delays partly due to political instability.
February 13th, 2014 - 03:55 GMT

Kuwait ready to splurge $12 billion on upgrading its refiniries

Al Bawaba
February 13th, 2014 - 03:55 GMT

At least no one's going to starve this time around: the impending Iranian/Russian oil-for-cars program

By 2020, four nuclear plants will be generating up to a quarter of the nation’s electricity supply.
February 12th, 2014 - 05:33 GMT

All set for 2020, UAE gets approvals on additional nuclear plants

OPEC’s report comes a day after the U.S. government’s Energy Information Administration raised its 2014 world oil demand growth forecast by a similar increment.
February 12th, 2014 - 05:12 GMT

Who will win and who will lose? OPEC raises 2014 oil demand forecast

Al Bawaba
February 12th, 2014 - 08:47 GMT

ENOC Aviation highlights safety standards for into-plane operations at Aviation Safety Culture Summit 2014

Al Bawaba
February 12th, 2014 - 08:44 GMT

Losing steam? Solving the ever-looming GCC energy crisis

Al Bawaba
February 12th, 2014 - 08:25 GMT

Emarat honors employee after his retirement

Despite the chilly relations between the Israeli and Turkish governments and the halt in defense deals, Israeli export of goods to Turkey rose to $4.9 billion in 2013 from $3.5 billion in 2012.
February 12th, 2014 - 03:55 GMT

The not-so-public friends: Erdogan 'really, really wants' Israeli Leviathan gas

Leviathan is estimated to hold about 19 trillion cubic feet of natural gas, enough to supply all of Europe for over a year.
February 11th, 2014 - 03:55 GMT

One more item to the boycott list? Israel adamant on becoming a major gas exporter

In early March, 12 major experts in oil and energy sector from US, Britain, and Japan will address in a conference on the Iran’s oil.
February 11th, 2014 - 03:55 GMT

Time to copy the French? US oil companies to rush to Iran next month

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