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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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Kuwait's oil output is in the range of 3 million bpd, the country's oil minister has stated.
April 9th, 2013 - 12:09 GMT

Kuwaiti oil output at 3million bpd - Minister

Egypt is set to abolish fuel subsidies within three to five years
April 9th, 2013 - 11:11 GMT

Egypt to abolish all fuel subsidies in "three to five years" - Minister

During the launching
April 9th, 2013 - 10:38 GMT

ENOC launches corporate governance programme set to global standards

The UAE is currently working on plans to have four nuclear power reactors operational in Barakah by 2020
April 9th, 2013 - 08:11 GMT

UAE's nuclear programme on track

Iraq and Jordan sign an agreement to build an oil pipeline between the two nations
April 9th, 2013 - 07:27 GMT

Iraq and Jordan sign oil pipeline deal

South Sudan restarted oil production Saturday, more than a year after it halted operations
April 7th, 2013 - 12:30 GMT

South Sudan resumes oil production

Both Cyprus and Lebanon are just a few years from becoming producers of natural gas
April 7th, 2013 - 10:57 GMT

Lebanon and Cyprus tie-up could be good news for the two struggling countries

A power ship loan to Lebanon is producing two hours of electricity (file photo)
April 7th, 2013 - 06:48 GMT

Power ship in Lebanon boosting electricity output

Al Bawaba
April 7th, 2013 - 05:34 GMT

Omanoil signs with National Mineral Water Company for ahlain branded water

Al Bawaba
April 7th, 2013 - 05:00 GMT

Al-Faresi: USD 250 billion value of Gulf Petrochemical investments by 2015 EQUATE sponsors GPCA PlastCon 2013

Dubai Electricity and Water Authority
April 7th, 2013 - 04:54 GMT

Dubai Electricity and Water Authority confirmed as strategic sponsor for Dubai Global Energy Forum 2013

Rosneft and ExxonMobil agreed to bid jointly in a tender for  Lebanon's offshore oil and gas
April 4th, 2013 - 11:59 GMT

Russia and US oil firms join forces in bid for Lebanese oil and gas

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