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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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Country will be “lucky to go past” its current oil production of about 9 mbpd by 2020
May 13th, 2013 - 09:09 GMT

Saudi Arabia to maintain its current oil production capacity

Iran has managed to make progress on different fronts, including the energy sector
May 13th, 2013 - 03:31 GMT

Iran has around 25% of the petrochemicals in Middle East

The GCC projects industry is expected to have another stellar year in 2013
May 12th, 2013 - 11:49 GMT

Stellar 2013 for GCC industry with $1.35 trillion projects

The South Pars/North Dome field is the world’s largest gas field and is shared by Iran and Qatar.
May 12th, 2013 - 10:35 GMT

Iran to increase production of South Pars gas field to 100 mcm, invest $30 billion

The exhibition will showcase the latest technology in energy management
May 12th, 2013 - 10:15 GMT

Bahrain to host Energy Management Conference 2013 edition

Commerce and Industry Minister Tawfiq Al-Rabiah speaks at the Forum for Indigenization of Electrical Equipment Industry in Riyadh.
May 12th, 2013 - 09:54 GMT

Saudi Arabia continues its support of Saudization

Kurdistan thumbs its nose once more to Federal Iraq in a long-running feud that threatens to boil over
May 12th, 2013 - 06:40 GMT

Did the Kurds smuggle crude out of Iraq?

The step will pave the way for qualified companies to become suppliers for Qatar Shell
May 12th, 2013 - 04:40 GMT

Shell, QDB sign deal to develop SMEs sector in Qatar

U.S. Senate minority leader Mitch McConnell (R-KY) speaks as Senate Republican leadership hold a press conference after their weekly policy luncheon in the U.S. Capitol building in Washington, DC. (Photo by Allison Shelley/Getty Images)
May 9th, 2013 - 10:42 GMT

US bill to block Iran from using its Euro reserves

Saudi Arabia’s Green Construction Potential: Insurance for a New Green Economy?
May 9th, 2013 - 10:16 GMT

GCC states should look into investing in green economy

 A petroleum refinery of Qatar Petroleum stands on October 26, 2011 near Umm Sa'id, Qatar. Qatar is ranked 16th in countries with the biggest oil reserves and 3rd in natural gas reserves. (Photo by Sean Gallup/Getty Images)
May 9th, 2013 - 09:52 GMT

Qatar Petroleum to list 4 subsidiaries worth a whopping $50 billion on Qatar Exchange

Total oil and gas revenues were down 17 per cent at Dh2.4 billion for the first quarter
May 9th, 2013 - 09:38 GMT

Abu Dhabi national energy company earns more than Dh440 million in Q1

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