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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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Despite defaulting on an Islamic bond last year, Dana Gas, has posted a 20 per cent rise in profits
February 4th, 2013 - 12:06 GMT

Dana Gas posts profits despite default

Fuel demand in Jordan is creeping up despite the government raising the prices in November last year
February 4th, 2013 - 08:40 GMT

Jordanians thirst for fuel increases despite price rise

The Saudi petrochemical sector is booming.
February 3rd, 2013 - 01:57 GMT

Saudi beats off competition to hold monopoly on petrochemicals

Iran’s crude exports reached 1.4 million barrels per day
February 3rd, 2013 - 08:50 GMT

The great game: Despite sanctions, Iran sees oil sales rise

Al Bawaba
February 3rd, 2013 - 04:34 GMT

Omanoil CEO commends staff contributions to excellent customer care

Iran has asked for international help over a sunken gas rig in the South Pars gad field (file photo)
January 31st, 2013 - 12:45 GMT

Iran asks for help over sunken gas rig

Kuwaiti crude oil prices were up in yesterday's trading
January 31st, 2013 - 11:16 GMT

Kuwaiti crude edges up

3-D survey showed that gas reserves off its southern coast may be larger than previously though
January 31st, 2013 - 10:03 GMT

Lebanon's offshore gas supplies could be bigger than estimated

Al Bawaba
January 30th, 2013 - 11:07 GMT

DEWA launches first utility application for Windows 8 in Middle East & North Africa

Mehr news reported on Tuesday that BP had been dumping byproducts in the sea.
January 30th, 2013 - 08:44 GMT

Iran threatens to sue BP over Azeri spill

A rising energy bill does not bode well for the Kingdom, which has seen protests over fuel price increases in recent months.
January 30th, 2013 - 08:13 GMT

Fuel for the fire? Jordan's energy bill rises by a quarter since last year

Jordan's main energy supply from Egypt has been disrupted again, causing a dramatic reduction in gas supplies
January 29th, 2013 - 06:57 GMT

Egypt's gas supply to Jordan drops

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