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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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PDO signs $30mn deal to boost Omani manufacturing
May 27th, 2013 - 05:00 GMT

Petroleum Development Oman signs $30mn deal to boost Omani manufacturing

Photo courtesy of Masdar
May 27th, 2013 - 04:00 GMT

UAE oil remains steady month-on-month — IEA

The news comes one week before the Kuwait Energy and Efficiency Conference
May 27th, 2013 - 04:00 GMT

Kuwait to generate 15% of its energy news from renewable source by 2030

Jordan has been a natural candidate for a national solar power industry
May 26th, 2013 - 04:00 GMT

Is Jordan turning to alternative energy to avoid crisis?

Central Bank of Oman
May 26th, 2013 - 04:00 GMT

Weak tendering slows Oman credit growth in Q1

Companies are choosing between market share and profit
May 26th, 2013 - 04:00 GMT

Solar industry strength 'likely' to remain

Egypt to boost fuel supply to ease po2wer shortages
May 23rd, 2013 - 11:13 GMT

Egypt to sink some $700 million to easy electricity shortages

Juba accused Khartoum of instructing oil companies to stop production from some oil fields
May 23rd, 2013 - 11:02 GMT

Oil flows again from South Sudan through Sudan

Pakistan had received similar help from the Saudis in 1998
May 23rd, 2013 - 10:03 GMT

Saudi 'likely' to bailout Pakistan energy with $15 billion

West Texas Intermediate (WTI) fared a little better
May 23rd, 2013 - 10:00 GMT

Crude prices fall to a 10-months low

Al Bawaba
May 23rd, 2013 - 05:06 GMT

Emarat launches a new promotional campaign on vehicle steam wash

Chevron is the second largest oil company in US
May 22nd, 2013 - 12:23 GMT

Chevron to sell downstream assets in Egypt, Pakistan

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