Oil and Renewables | Al Bawaba

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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 ...

The agreement was signed by Syrian Oil Minister Suleiman Abbas, Syria’s General Petroleum Company and the Russian Soyuzneftegaz company.

December 26th, 2013 - 03:55 GMT

Pragmatic or dysfunctional? Syria signs new oil, gas exploration agreement with Russia

Bahrain diesel prices will gradually increase over the next five years, with prices set to double by 2017 (File Archive)

December 25th, 2013 - 05:00 GMT

Take a (price) hike! Bahrain to double diesel prices by 2017

“According to the South Sudanese petroleum ministry… oil production in the state of Unity has been shut down, resulting in a loss of production of some 45,000 barrels per day.

December 24th, 2013 - 06:40 GMT

South Sudan violence raises world oil prices

audi Arabia’s domestic consumption needs have soared as its 28-million population enjoys heavily-subsidised petrol and power while its oldest oilfields.

December 24th, 2013 - 06:15 GMT

Are Saudi Arabia's OPEC oil tactics delusional or realistic? Why it's probably the former

The Egyptian government owes Dana Gas $330 million (File Archive)

December 24th, 2013 - 01:14 GMT

Payday for Dana Gas: Egypt gives UAE company $53 million

Jordan's strategy calls for more investment in renewable energy sources, but inefficient middle management structures in the energy sector may be hampering progress in this development (File Archive/Shutterstock)

December 24th, 2013 - 12:08 GMT

Behind Jordan's high energy prices: it's not just the economy's fault

Honorees in a group picture with Dr. Rahma bin Mohamed Al Shamsi in presence of Abdullah Hassan Al Noman

December 23rd, 2013 - 07:52 GMT

Emarat honors its stations supervisors

Now crude oil production in the United States is expected to rise faster than projected earlier - to a near historic high by 2016.

December 23rd, 2013 - 03:55 GMT

The United States' creeping energy revolution that Middle Eastern oil producers must come to terms with

Together with its newest regional ally Iraq, Iran is set to become the Mideast's main energy hub.

December 23rd, 2013 - 03:55 GMT

Deal or no deal, Iran's stocks can only go upwards

The offer is likely to attract solid demand, considering the strong performance of the Qatar market.

December 22nd, 2013 - 05:58 GMT

4 years later, Qatar Petroleum to release first IPO since financial crisis

With supply soon projected to increase, oil output needs to be cut to keep a lid on prices. (Image credit: Shutterstock)

December 22nd, 2013 - 06:32 GMT

Why Saudi Arabia, Kuwait, Qatar and UAE will all cut oil output

During the event

December 22nd, 2013 - 05:27 GMT

ENOC highlights its CSR commitment with 35 employees taking part in ‘Clean Up Arabia’