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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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OOMCO Marine Bunker Terminal at Port of Duqm Inaugurated
December 18th, 2022 - 09:17 GMT

OOMCO Marine Bunker Terminal at Port of Duqm Inaugurated

Oil prices slight decline
December 14th, 2022 - 06:29 GMT

Oil rally stalls on surprise US inventory build, Fed in focus

Lebanon gas exploration
December 13th, 2022 - 08:11 GMT

France’s TotalEnergies to start gas exploration in Lebanon

Offshore wind farm
December 12th, 2022 - 05:04 GMT

Saudi PIF buys major stake in offshore wind developer Skyborn

Oman Oil Marketing Company Expands International Operations as Part of 52nd National Day Celebrations
December 12th, 2022 - 06:51 GMT

Oman Oil Marketing Company Expands International Operations as Part of 52nd National Day Celebrations

Russia India oil
December 11th, 2022 - 04:40 GMT

Russia welcomes India's decision to not support G7's price cap on Russian oil

Renewables boom
December 7th, 2022 - 06:10 GMT

Energy crisis fuels renewables boom

G7 Russia oil sanctions
December 6th, 2022 - 04:24 GMT

Oil climbs after Russian crude sanctions kick in

EU Russia oil price cap
December 5th, 2022 - 03:18 GMT

Uncertainty shrouds EU capping Russian oil price

OPEC+ output
December 4th, 2022 - 04:14 GMT

OPEC+ agrees to keep output levels steady

Qatar gas for Germany
November 29th, 2022 - 01:39 GMT

Qatar inks long-term gas deal with Germany

Oman Oil Marketing Company Opens 30th Lubexpress in Oman
November 28th, 2022 - 08:21 GMT

Oman Oil Marketing Company Opens 30th Lubexpress in Oman

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