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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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GE gas power measa strategic partners summit 2023 highlights value of forging strong regional supply chain and collaborations
May 16th, 2023 - 04:26 GMT

GE gas power measa strategic partners summit 2023 highlights value of forging strong regional supply chain and collaborations

Oil prices rise slightly after 4-week decline
May 15th, 2023 - 12:04 GMT

Oil prices rise slightly after 4-week decline

UAE oil giant to sell 15% stake in Adnoc logistics unit
May 10th, 2023 - 09:41 GMT

UAE oil giant to sell 15% stake in Adnoc Logistics

Oil drops 0.7% ahead of U.S. inflation data
May 9th, 2023 - 10:23 GMT

Oil drops 0.7% ahead of US inflation data

ARAMCO posts Q1 profits, beats expectations
May 9th, 2023 - 09:45 GMT

Aramco posts Q1 profits, beats expectations

Iraq resumes oil loading and export operations from Al-Qayyarah field
May 9th, 2023 - 07:42 GMT

Iraq resumes exports from Al-Qayyarah oil field

UAE Nuclear Energy Corporation signs three MoUs with Chinese Nuclear Energy Institutions
May 8th, 2023 - 10:39 GMT

UAE, China sign 3 memos on peaceful nuclear energy

Oil drops 4% as Fed raises interest rate
May 4th, 2023 - 06:47 GMT

Oil drops 4% as Fed raises interest rate

BP: Announces Q1 net profit of $4.96 billion, below last year's exceptional levels
May 2nd, 2023 - 09:44 GMT

BP reports $4.96b net profit in 1st quarter

Fuel Prices in the UAE Increase for May 2023
May 1st, 2023 - 08:43 GMT

UAE Fuel Prices rise in May 2023

Exxon and Chevron divided over what to do with record profits
May 1st, 2023 - 07:57 GMT

ExxonMobil, Chevron divided on record profits

Libyan National Oil Corporation resumes natural gas production after 12 year hiatus
May 1st, 2023 - 07:22 GMT

Libyan firm resumes natural gas production

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