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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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UAE wants 1% of its total energy production to come from solar power by 2020 (Courtesy of the Arabian Gazette)
December 5th, 2013 - 12:49 GMT

As Dubai powers up for 2020 World Expo, energy consumption expected to increase 20%

Al Bawaba
December 5th, 2013 - 03:55 GMT

Mission (im)possible? Libya aiming to restore oil output in two weeks

EXPO 2020 represents an opportunity to set environmental standards for events and indeed entire cities. (Image credit: Shutterstock)
December 4th, 2013 - 01:12 GMT

How Dubai Expo 2020 can benefit our planet and future generations

Iran's Oil Minister Bijan Zanganeh said that Tehran has "no technical difficulties to expand our exports and to return to four millions barrels a day" once political obstacles, referring to sanctions, are lifted (Courtesy of Press TV)
December 4th, 2013 - 06:59 GMT

Iran gears up for OPEC meeting, says Tehran to "immediately" increase exports

Previously, Iran has dealt with foreign companies through “buybacks”. According to sources, the meetings in London will allow Iran to present the findings of a review of these contractual terms.
December 3rd, 2013 - 10:53 GMT

European oil giants ready for business with Iran

Dr. Rahma bin Mohamed Al Shamsi, Retail Sales Manager at Emarat
December 3rd, 2013 - 06:20 GMT

Emarat Service Stations celebrate the 42nd UAE National Day

NBK cautioned that over the next year or so, the trade balance could shrink a little: oil markets could loosen, putting downward pressure on prices or encouraging OPEC
December 3rd, 2013 - 03:55 GMT

Kuwait's trade surplus makes a jump from 6 to 21 billions dollars

The Iranian administration has set oil price to $100 per barrel in the next year’s national budget bill, IRNA quoted Iranian MP Ja’far Qaderi as saying on Sunday.
December 2nd, 2013 - 02:22 GMT

Iran puts new winning price on its oil barrels

During the meeting
December 2nd, 2013 - 09:53 GMT

DEWA’s Women Committee hosts the Women’s Association from Cameroon

Saudi Arabia is planning to allocate more funding to develop renewable energy sources in the Kingdom (Shutterstock)
December 2nd, 2013 - 07:31 GMT

Why Saudi is spending $29 billion on water, renewable energy infrastructure projects

The US oil shale boom will not impact Qatar's LNG leadership. (Image credit: Shutterstock)
December 1st, 2013 - 07:44 GMT

Asian demand will help Qatar keep LNG lead

An increased availability of Iranian oil could disrupt the dynamics of the global oil market. (Image credit: Shutterstock)
December 1st, 2013 - 06:48 GMT

Who will be the biggest losers after Iranian oil floods the market?

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