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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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Baghdad claims sole authority over oil exploration and export. It has already accused the Kurds in the past of smuggling crude via Iran and keeping the revenue for itself
August 13th, 2013 - 10:34 GMT

Smuggling or deserved autonomy? Kurdistan's second route for crude via Iran

Empower specializes in providing cooling services that reduce energy consumption in one of the most energy consuming areas in the world.
August 13th, 2013 - 06:42 GMT

Empower settles $22 million loan installment

Desalination is the main source of water in Saudi. Even though this requires high amounts of energy to convert sea water into drinking water, it is still the most viable solution for the country.
August 12th, 2013 - 12:07 GMT

Saudi Arabia allocates $7 billion to spend on water related projects in 2013

DEWA head office
August 12th, 2013 - 05:30 GMT

DEWA adopts energy saving practices to meet green building standards and specifications

The extra charge will be used to offset the operational expenditure incurred by the merchant and the acquirer.
August 6th, 2013 - 07:11 GMT

Surcharge decided on Visa usage in UAE petrol stations

The Sharjah-based energy producer reported net income for the second quarter of Dh100 million, a decline of 44.7 per cent compared with the corresponding period last year.
August 5th, 2013 - 10:31 GMT

Dana Gas net profit plummets to half in the second quarter

Emirates National Oil Company
August 5th, 2013 - 09:49 GMT

Over 31 ENOC employees and family members volunteer for Dubai Chamber’s ‘Ramadan Care Packages’ 2013 charity event

Al Bawaba
August 4th, 2013 - 11:21 GMT

DEWA receives delegation from ADDC

Credit card payments at service stations
August 4th, 2013 - 05:03 GMT

Emarat, ENOC and EPPCO service stations to accept card payments from August 4

Syria would repay the Islamic Republic for the oil supplied by allowing Iranian investments in various fields in Syria
August 1st, 2013 - 11:55 GMT

Iran extends oil credit line to Syria

Saudi Arabia and the United Arab Emirates had earlier pledged a total of $8 billion in aid to Egypt
August 1st, 2013 - 09:55 GMT

Gulf oil aid pours into Egypt

Daily consumption by power plants rose to 89 million cubic meters of gas and 17,000 tons of fuel oil
August 1st, 2013 - 09:11 GMT

Egypt to divert gas from factories to power plants

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