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 ...

In June, Washington granted new waivers to China, India, South Korea, and six other countries from the sanctions on Iran

July 16th, 2013 - 07:55 GMT

South Korea vamps up Iranian oil imports

The combined annual production of 2 billion cubic feet (bcf) at the Helium 1 and 2 plants will help meet around 25 per cent of current global demand

July 15th, 2013 - 12:55 GMT

Qatar becomes 2nd largest helium producer on the planet

Al Bawaba

July 15th, 2013 - 10:48 GMT

DEWA dedicates AED 1 million to clothe needy children around the world to support campaign launched by HH Sheikh Mohammed bin Rashid Al Maktoum

The average monthly blackouts in Bahrain have been cut from 12 hours in 2010 to 3.6 hours last year

July 15th, 2013 - 08:55 GMT

Bahrain sees significant drop in summer power cuts

Kuwait's aid package would comprise a $2 billion central bank deposit, a $1 billion grant and $1 billion in oil products

July 15th, 2013 - 06:05 GMT

Kuwait sends $200 million worth of oil to Egypt

Iraq supplied 24.04 million tons of crude oil in 2012-13

July 14th, 2013 - 08:55 GMT

Iraq has offered three oilfields to India on nomination basis: Moily

Abu Dhabi aims to start producing about 500 million cubic feet a day of sour gas in 2014

July 14th, 2013 - 08:04 GMT

IEA says UAE’s June oil output at 2.73 million bpd

Solar Park project at Seih Al Dahal is in progress

July 14th, 2013 - 05:59 GMT

Saudi Arabia: Solar Park project in progress

During the event

July 14th, 2013 - 05:40 GMT

Emirates Gas to distribute free LPG refills during the Holy Month of Ramadan to widows and orphans

Lebanon blames Fatmagül failure

July 11th, 2013 - 02:55 GMT

Court of Accounts report blames operator for Fatmagül failure

OPEC's report is the second of this month's trio of oil supply and demand forecasts to emerge

July 11th, 2013 - 11:55 GMT

OPEC to lose market share to shale oil in 2014

The number of the complexes will be increased to 300 by the next four years

July 11th, 2013 - 11:45 GMT

Iran to set up 18 new petrochemical complexes