Oil and Renewables | Al Bawaba

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Shell company building

July 30th, 2026 - 09:20 GMT

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 ...

OPEC member Venezuela has the world's largest proven oil reserves and produces up to three million barrels a day.

August 25th, 2013 - 12:51 GMT

A Chavez Legacy? Venezuela to give Palestine a special deal on oil

Dubai Electricity and Water Authority

August 22nd, 2013 - 12:00 GMT

DEWA and Dubai Health Authority host lecture on Corona virus

DEWA's Nurseries

August 21st, 2013 - 11:30 GMT

DEWA to open new nursery in Warsan for employees’ children

Al Bawaba

August 21st, 2013 - 06:53 GMT

ENOC awards McDonald’s UAE with strategic partnership accolade

Goldman Sachs said Monday it expected tighter oil markets to propel Brent to $115 “in the very near term.”

August 20th, 2013 - 07:00 GMT

Libya, Egypt push oil prices up to $110 a barrel

Al Bawaba

August 19th, 2013 - 04:33 GMT

DEWA on schedule for Dubai’s first hydrogeology report

While the IEA expects the US to gradually become independent of oil imports, it also predicts Asian countries to end up consuming up to 90 per cent of the oil produced in the GCC region.

August 18th, 2013 - 12:32 GMT

Will the Middle East continue to dominate the oil market?

Egyptian soldiers stand guard at the Suez Canal (Getty images).

August 15th, 2013 - 10:36 GMT

How the situation in Egypt can severely affect the oil market

During the workshop

August 15th, 2013 - 04:55 GMT

DEWA’s Women’s Committee organises Ladies Etiquette workshop

Investments worth $63.1 billion will be in the GCC, $21.4 billion in Iran and approximately $53 billion in the combined other countries of the region.

August 14th, 2013 - 12:11 GMT

MENA's energy future requires $145.7b in investments

Brent crude oil rose toward $110 per barrel Tuesday after oil exports from Libya fell to their lowest for two years, heightening supply worries ahead of scheduled cuts in output from fellow OPEC member Iraq.

August 14th, 2013 - 08:23 GMT

Shortages in Libyan and Iraqi oil production raise world prices

The country earned $7.3 billion from its exports this month.

August 14th, 2013 - 07:06 GMT

Iraqi oil exports hit 16 month low