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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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EQUATE President & CEO Mohammad Husain With Honored Students
December 26th, 2012 - 05:42 GMT

EQUATE honors educational achievements of employees’ children

Iran claims it has managed to bypass Western sanctions on its oil industry
December 24th, 2012 - 11:27 GMT

Iran claims to have bypassed sanctions

Egypt is to increase the cost of fuel, the Minister of Petroleum and Mineral resources has announced.
December 24th, 2012 - 10:43 GMT

Egypt to raise fuel prices

EQUATE Booth Hosting Minister Al-Ibrahim during KSE Forum
December 24th, 2012 - 09:00 GMT

EQUATE sponsors Kuwaiti engineering society’s forum Under the patronage of His Highness the Crown Prince

Political instability in the MENA region will be one of the key determinants of oil prices in 2013, Barclays say
December 23rd, 2012 - 12:40 GMT

Iraq and Syria key to 2013 oil price

The emirate of Abu Dhabi produces more than 90 per cent of the UAE’s crude oil output, the bulk of which is exported
December 23rd, 2012 - 11:13 GMT

Oil output in the UAE dropping but plans afoot

EQUATE 2012 booklet
December 23rd, 2012 - 08:58 GMT

EQUATE issues its 2012 booklet

Oil output in Iraq wil reach 3.2 million barrels a day in December
December 23rd, 2012 - 08:07 GMT

Record breaking month for Iraqi oil industry

During the ceremony
December 23rd, 2012 - 07:25 GMT

ENOC Aviation receives 10-year Strategic Partner Award from IATA

Bahrain is set to review fuel subsidies, which are expected to cost the government  almost BD1 billion ($2.637 billion) a year
December 23rd, 2012 - 07:23 GMT

Government review ordered as Bahrain's fuel subsidy bill to hit $2.6 billion

Jordan imports 96 per cent of its energy needs and reduced fuel subsidies in November to save money
December 23rd, 2012 - 03:00 GMT

Jordan's energy and subsidy problem

The US has proposed a deal on Lebanon's maritime economic borders with Israel
December 20th, 2012 - 12:41 GMT

US could broker deal of Lebanon's maritime gas field

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