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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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The current range of oil prices very palatable, neither too cold nor too hot in terms of likely revenue generation
July 28th, 2013 - 11:22 GMT

Oil Speculation: Always Tricky

Egypt has asked Kuwait to include Kuwaiti petroleum products, including 70,000 tonnes of diesel and jet fuel worth $60-65 million, as part of the aid
July 25th, 2013 - 10:55 GMT

Egypt seeking to raise gas prices, lure back investors

Iran plans to allocate some facilities to enhancing the production capacity of the country’s downstream petrochemical, polymer and plastic industries
July 25th, 2013 - 08:55 GMT

Iran plans to build 300 petrochemical parks in 4 years

Currently 22 million litters of gasoline conforming to euro 4 and euro 5 standards is being produced in the country
July 24th, 2013 - 03:55 GMT

What difference a week makes: Iran petrol consumption slips by 20%

Around 35,000 barrels of 45,000 barrels of oil extracted in Turkey every day come from the south-eastern provinces
July 24th, 2013 - 01:55 GMT

Turkey to increase investment in energy sector of south-eastern provinces

The winner
July 24th, 2013 - 10:15 GMT

Lucky winners of ENOC’s ‘Stop, Shop & Zoom’ promotion during DSS receive Hyundai Veloster car

Al Bawaba
July 24th, 2013 - 05:59 GMT

Omanoil gathers family and friends for annual staff iftar

Iran would pump 25 million cubic meters of natural gas per day to the Iraqi power plants
July 24th, 2013 - 05:55 GMT

Washington worries about Tehran-Baghdad gas bond

Qatar’s initial talks to buy DEA are unlikely to proceed quickly
July 23rd, 2013 - 09:55 GMT

Qatar fuels talks with Germans over oil and gas firm purchase

Iran says the nuclear program is for generating power and medical devices
July 23rd, 2013 - 05:37 GMT

Iraq signs deal to import Iranian gas for power

Iran would send 25 million cubic meters of gas daily to Iraq according to the agreement
July 22nd, 2013 - 09:55 GMT

Iran, Iraq to seal the gas deal

South Sudan might collapse without oil, the main source for the budget apart from foreign grants
July 22nd, 2013 - 07:55 GMT

South Sudan throws in the towel: plans to shut down oil production

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