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Shell company building

July 30th, 2026 - 09:20 GMT

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 ...

Oil and gas dependence, tribal/sectarian rivalries and the repressive Gaddafi regime led to disaster in Libya.

January 29th, 2014 - 03:55 GMT

Is Libya putting world oil markets at risk?

More than $1.1 trillion worth of contracts have been awarded in the GCC alone over the past 10 years according to reportsnreports.com.

January 28th, 2014 - 03:55 GMT

With $2.46 TRILLION to be spent on oil, gas, and water projects, what will the future Middle East look like?

The delegation will be comprised of representatives from French automotive, oil, banking, and transportation sectors.

January 27th, 2014 - 04:28 GMT

A new era? 110 French firms to return to Iran next month

The draft budget projected a deficit of about 21 trillion Iraqi dinars

January 27th, 2014 - 10:17 GMT

Iraq's 2014 budget hanging on a cliff- and Kurdistan is the only one that can save it

The Gulf States can lead the sustainable development movement by being the first countries to launch renewable energy models on a large scale (File Archive/Shutterstock)

January 27th, 2014 - 09:03 GMT

Resource-rich in every way: How Gulf states can transform their countries into sustainable economies

Al Bawaba

January 27th, 2014 - 06:06 GMT

DEWA hosts delegation from Singapore National Water Agency

The 270,000-barrels per day (bpd) Mina Abdullah refinery was running at about 60 percent of capacity on Sunday.

January 27th, 2014 - 03:55 GMT

Kuwait desperate to restore refineries after power outage

China support the possibility of American energy independence, believing it would stabilize prices.

January 26th, 2014 - 06:34 GMT

With the US pursuing shale independence, will China come to determine future oil demand?

Utico has called for the pre-qualifications for a 40MW solar power development project, the first-of-its-kind in the country, to be built at Ras Al Khaimah (File Archive)

January 26th, 2014 - 12:00 GMT

UAE powers up for first national solar development project

Al Bawaba

January 26th, 2014 - 10:53 GMT

ESMA nominates Emirates Gas LLC, a subsidiary of ENOC, as ‘official executors’ of CNG activities in Dubai

Al Bawaba

January 26th, 2014 - 07:40 GMT

Jordan’s future lies in renewable energy

No other energy source can provide the same volumes of clean electricity as nuclear energy

January 23rd, 2014 - 09:21 GMT

Why the UAE must absolutely invest in nuclear energy