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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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Artificially low government-controlled prices typical across the energy-rich Gulf region have discouraged new projects needed to meet its rapidly rising demand for natural gas
June 23rd, 2013 - 10:45 GMT

BP agrees retail price for hard-to-pump Oman gas project

Offshore drilling site
June 20th, 2013 - 09:03 GMT

UAE-owned Adma-Opco awards $766 million contract to local firm

Mohammed Bin Tameem during the honouring
June 20th, 2013 - 05:41 GMT

Dubai Municipality honors Emarat's effective participation in the World No Smoking Day

The price of oil was down slightly yesterday.
June 20th, 2013 - 05:00 GMT

Kuwait says oil prices are fair

Masdar's Seychelles Wind Farm
June 19th, 2013 - 10:24 GMT

Abu Dhabi launches wind farm in Seychelles

Ismail Abdullah cuts the ribbon in the presence of Dr. Rahma bin Mohamed Al Shamsi, Abdulla Hassan Al Noman and officials from Dubai Customs
June 19th, 2013 - 04:59 GMT

Emarat’s “Freshplus” opens its eighth store in Dubai Customs

Al Bawaba
June 18th, 2013 - 09:42 GMT

EQUATE & Dow sponsor process automation lab at Kuwait University’s engineering college The 1st of its kind at Middle East universities

Financial close of the main financing is expected to occur during the third quarter of 2013
June 18th, 2013 - 05:19 GMT

Saudi Sadara signs $10.5 billion funding agreements

Saudi Arabia accounted for more than 60 percent of the region’s total petrochemicals capacity in 2012
June 17th, 2013 - 10:49 GMT

Petrochemicals production in KSA hits 86.4 m tons in 2012

The facility will be the world's largest chemical complex ever built in a single phase
June 17th, 2013 - 10:44 GMT

Saudi Aramco-Dow JV raises funding for $19 billion project

ENOC wins Superbrand laurel for 8th year
June 17th, 2013 - 09:50 GMT

ENOC sets new milestone with Superbrand laurel for 8th consecutive year

Oil tanks
June 16th, 2013 - 10:50 GMT

UAE May oil output up 1.1% over April - IEA

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