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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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Fuel prices in Jordan down in June
May 31st, 2023 - 01:17 GMT

Fuel prices in Jordan down in June

UAE fuel prices down in June
May 31st, 2023 - 12:42 GMT

UAE fuel prices down in June

Top solar producer Longi pushing for price war
May 30th, 2023 - 12:17 GMT

Top solar producer Longi pushing for price war

Oil prices drop on OPEC+, US debt ceiling deal uncertainty
May 30th, 2023 - 09:26 GMT

Oil prices drop on OPEC+, US debt ceiling deal uncertainty

EU relieved by declining gas prices
May 28th, 2023 - 12:34 GMT

EU relieved by declining gas prices

Abu Dhabi eyes $2b business opportunities in S. Korea
May 23rd, 2023 - 09:51 GMT

Abu Dhabi's $2b investments in S. Korea

Oil prices rise on higher demand, tighter supply
May 23rd, 2023 - 09:14 GMT

Oil prices rise on higher demand, tighter supply

Oil prices slipped on Monday to $74.85 and $70.96 per barrel of Brent and West Texas Intermediate (WTI) crudes, respectively
May 22nd, 2023 - 09:38 GMT

Stuck in OPEC+’ trap, oil prices fall again

US inventory data suppress oil prices
May 18th, 2023 - 09:04 GMT

US inventory data suppress oil prices

Saudi non-oil sector to grow 4.7% - World Bank
May 17th, 2023 - 01:19 GMT

Saudi non-oil sector expected to grow 4.7% - World Bank

Qatar's $10b gas contract goes to French-Arab joint venture
May 17th, 2023 - 08:15 GMT

Qatar's $10b gas contract goes to French-Arab joint venture

Gold prices dip, oil rises amid global anticipation
May 16th, 2023 - 07:36 GMT

Gold prices dip, oil rises amid global anticipation

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