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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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“Our top priority at JIB is to attract investments in the renewable energy sector due to the dire need of the Kingdom to diversify energy resources," said Awni Rushound, CEO of the Jordan Investment Board.
September 2nd, 2013 - 06:26 GMT

Jordan's energy sector about to attract phenomenal investments

Based on the agreement, Iran would earn $3.7 billion a year from natural gas exports to Iraq.
September 1st, 2013 - 12:55 GMT

Iran to remain bound by gas export deal with Iraq

During the visit
September 1st, 2013 - 11:34 GMT

DEWA receives delegation from Federal Electricity and Water Authority

The International Atomic Energy Agency (IAEA) is providing technical assistance to GCC states in this regard.
September 1st, 2013 - 08:24 GMT

Learning the lesson: GCC plans emergency nuke alert system

However, the sharp market reaction seems to reflect two things — one the fear of a wider expansion of the conflict and the relatively tight situation of supplies.
September 1st, 2013 - 07:00 GMT

Why the hike? What the Syrian crisis means for regional oil production

Sultan Qaboos Bin Said of Oman (Getty)
August 28th, 2013 - 11:08 GMT

Sultan Qaboos' visit to Iran marks big boost to energy ties

ENOC Retail ZOOM Market
August 28th, 2013 - 10:06 GMT

ENOC Retail extends convenience of ZOOM Market to residents of JBR and Dubai Marina

Al Bawaba
August 28th, 2013 - 09:49 GMT

Kuwait energy makes new oil discovery in the western desert

“Despite the global sensitiveness of using nuclear power in the region, it is these types of actions that GCC nations will need to take to diversify the fuel sources for their power generation over the long term.”
August 28th, 2013 - 09:19 GMT

When oil is not enough: GCC headed towards a gas shortage by 2015

The Putin-Bandar meeting was injected with threats of a “dramatic turn of events” in Syria (Photo Credit: Getty images).
August 27th, 2013 - 10:31 GMT

Futile or dangerous? Saudi Arabi attempts to seduce Russia with lucrative oil and gas deal

EQUATE President & CEO Mohammad Husain with AIChE and faculty members
August 26th, 2013 - 08:26 GMT

EQUATE participates in American chemical society seminar at Kuwait University

During the meeting
August 26th, 2013 - 07:42 GMT

DEWA receives delegation from Dubai Police to exchange experience and expertise

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