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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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Saeed Khoory, Chief Executive Officer of ENOC
September 24th, 2013 - 10:18 GMT

ENOC’s Code of Business Conduct extended to three more ENOC Group entities

Around 100 tons of black oil are planned to be exported through the port of Anzali to Russia
September 23rd, 2013 - 10:55 GMT

Iraq exports black oil to Russia via Caspian Sea

Kuwait has announced it is conducting studies into the viability of extracting shale gas from recently identified reserves, although any commercial operation will likely be many years off.
September 22nd, 2013 - 01:10 GMT

Is Kuwait going to jump on the shale bandwagon?

The Anglo-Dutch major, in charge of operations at the southern Majnoon oil field, said on Friday it aims to boost output to 175,000 barrels per day (bpd) in October.
September 22nd, 2013 - 10:30 GMT

Shell resumes Iraqi production in Majnoon oilfield

Another Russian company Lukoil suffered a $63 million loss when it withdrew from a project in the Aran oilfield
September 19th, 2013 - 02:55 GMT

Russian firm ready to develop Iranian gas field

Al Bawaba
September 19th, 2013 - 10:02 GMT

New Saudi-Bahrain pipeline

Payments for oil are estimated to rise to 4 million tons in the year ending March 31, versus 3.9 million tons in the previous 12 months
September 18th, 2013 - 02:55 GMT

Iran plans to import 10 million liters of Indian premium gasoline per day

Dubai Electricity and Water Authority
September 18th, 2013 - 11:47 GMT

DEWA organises workshop for employees with Emirates Group

The solar EOR project produces a daily average of 50 tonnes of emissions free steam
September 18th, 2013 - 11:01 GMT

Middle East’s first Solar EOR project lighting the way

Nonoil growth of 4.5 percent year-on-year in the first half of the year was little changed compared with the same period last year
September 18th, 2013 - 10:49 GMT

The paradox: Saudi's non-oil sector to grow, but economy remains stimulated by oil spending

Uganda, South Sudan and Kenya "possibly" within this year will create a joint company to construct and maintain the oil pipeline
September 17th, 2013 - 11:10 GMT

Japanese firm to lay a 2,000 km pipeline to export South Sudan and Uganda's oil

Qatar shows a high degree of investor confidence
September 17th, 2013 - 10:28 GMT

Qatar's oil & gas sector buoys investor confidence

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