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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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OPEC members earned top dollar last year, new date from the US shows.
January 9th, 2013 - 11:59 GMT

OPEC Members reap rewards

Iraq oil production dipped in December
January 9th, 2013 - 11:38 GMT

Iraq oil exports see December drop

Lebanon's gas prices are continuing to rise
January 9th, 2013 - 08:44 GMT

Lebanon: Gas prices keep on rising

Algeria has signed a deal to export gas to Turkey for another ten years
January 8th, 2013 - 12:19 GMT

Algeria and Turkey ink more gas deals

Electricity workers are threatening an open-ended strike in Lebanon, due to start next week
January 8th, 2013 - 12:07 GMT

Lebanon: Electricity workers threaten open-ended strike

The latest economic data reveals some impressive growth statistics
January 8th, 2013 - 11:18 GMT

Lower oil prices could cause Saudi to curb spending plans

Iran's oil sales have almost halved due to western-imposed sanctions
January 8th, 2013 - 07:09 GMT

Iran's oil revenues drop by 45 per cent due to sanctions

Mr. Abdulla Hassan Al Noman, Manager, Retail Sales Operations, at Emarat
January 8th, 2013 - 06:28 GMT

Emarat Service Station staff attend 352 training sessions during the year 2012

Oman need oil prices to remain high to ensure it can keep its budget commitments
January 8th, 2013 - 04:00 GMT

Oman gambles on oil prices

Russia has been confirmed as the world largest oil producer
January 7th, 2013 - 01:52 GMT

Russia beats Saudi to top of the oil league

Turkey and the UAE have signed new electricity deals
January 7th, 2013 - 01:24 GMT

Turkey and UAE ink new power deal

Oil supply fears have caused the price of crude oil to dip
January 7th, 2013 - 12:45 GMT

Crude oil price slips up as fears grow over supply

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