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 ...

The South Pars gas field holds 8 percent of total gas reserves of the world and half of the country's proven gas reserves

July 31st, 2013 - 09:55 GMT

Gas production to begin in Iran's South Pars

During the honoring

July 31st, 2013 - 08:46 GMT

Ajman Municipality honors Emarat for its support in the “A Day Without Plastic Bags” campaign

Al Bawaba

July 30th, 2013 - 11:15 GMT

DEWA organises series of charity initiatives to mark ‘Zayed Humanitarian Work Day’

Subsidies of fuel products, which include natural gas and fuel oil as well as gasoline and diesel, for years have been a major drain on the finances of successive governments

July 30th, 2013 - 10:55 GMT

Egypt pushes ahead with smart cards for gasoline

Iraq builds pipelines and storage terminals in its $1 trillion planned infrastructure program

July 30th, 2013 - 08:17 GMT

A brief history of Iraqi oil- and its future

The oil marketing companies are also expected to continue their track record of high dividend payouts as their balance sheets and cash positions stay strong

July 30th, 2013 - 05:41 GMT

Omani oil marketing firms' in 3% sales rise

Egypt has more refining laboratories than it has petrol production centres, and must therefore import crude oil

July 29th, 2013 - 11:55 GMT

Libya and Gulf secure oil for Egypt

Al Bawaba

July 29th, 2013 - 09:13 GMT

Omanoil launches second edition of ‘i promise’ campaign to promote fitness and wellbeing among staff

It needs at least 140 days to ensure safe shutdown and not the 60 days stipulated by Khartoum last June

July 29th, 2013 - 05:51 GMT

Sudan extends oil flow shutdown deadline

Iran plans to establish 40 gas storage facilities in the coming years

July 29th, 2013 - 05:39 GMT

Iran builds massive natural gas container

The election to pick OPEC’s secretary general is scheduled to be held in Vienna on December 4, with Iran, Iraq and Saudi Arabia vying for the post

July 28th, 2013 - 01:55 GMT

Iran's high chance of winning OPEC chairmanship

The Islamic Republic of Iran guarantees transferring millions of barrels of oil from the Persian Gulf and the Strait of Hormuz

July 28th, 2013 - 11:23 GMT

Iran's role in energy security undeniable, says Oil Minister