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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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MENA's energy subsidies account for half of the global total at $237 billion annually (Courtesy of Arabian Oil and Gas)
November 24th, 2013 - 09:07 GMT

The future of the Middle East economy: will energy subsidies' short-term gains outweigh projected inefficiencies?

Hydrogen cars are appealing because unlike electric vehicles, they have the range of a typical gasoline car and can be refueled quickly.
November 21st, 2013 - 02:28 GMT

Coming soon: Hydrogen cars!

The Saudi energy industry has to evolve to meet global opportunities and challenges. (Image credit: Shutterstock)
November 21st, 2013 - 06:10 GMT

Should Saudi Arabia be concerned about the USA's growing oil shale output?

ADNOC Technical Vehicle Inspection Centre
November 21st, 2013 - 04:40 GMT

ADNOC Distribution opens new technical vehicle inspection centres in Western Region

The country’s ‘Aa2’ foreign and local-currency government bond ratings stand along with similar ratings of Kuwait (‘Aa2’ stable) and the UAE (‘Aa2’ stable).
November 20th, 2013 - 06:57 GMT

Qatar boasts high financial indicators, if only its worker rights ratings were half as high

According to Stephen Pryor, president of Exxon Mobil chemicals, the shale gas boom in the US has triggered a round of protectionist policies resulting in trade restrictions.
November 20th, 2013 - 05:48 GMT

Time for a wake-up call: shale boom triggering over-protectionism, threatening the Gulf

Saudi Arabia's Aramco, the largest crude oil exporter in the world, recently bought solar panels from Canada that it will install in one of it's power plants (Courtesy of Zawya)
November 20th, 2013 - 11:00 GMT

Oil-giant KSA at UN conference to share expertise on "green" technologies

Kuwait, a key OPEC member, controls nearly 101 billion barrels of proven oil reserves at around three trillion cubic metres of natural gas.
November 20th, 2013 - 03:55 GMT

Desperate to stay on top, Kuwait pumps billions to raise oil production capacities

Al Bawaba
November 19th, 2013 - 09:28 GMT

Oman oil marketing company signs agreement with Port of Duqm company to develop fuel bunkering capabilities

LPG demand has surged due to increased demand from countries like China and India. (Image credit: Shutterstock)
November 19th, 2013 - 06:32 GMT

Qatar to increase chemicals, petrochemicals and LPG output

Solar glass is a rapidly expanding business market. (Image credit: Shutterstock)
November 19th, 2013 - 04:51 GMT

With a new technology, a new UAE company eyes 10% of the global solar market

Do energy subsidies stifle innovation and hurt society in the long run?
November 18th, 2013 - 07:24 GMT

The unintended consequences of energy subsidies

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