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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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Saudi Aramco says that its proven crude oil reserves have fallen to the lowest level in eight years
September 24th, 2012 - 10:43 GMT

Proven oil reserves in Saudi Kingdom fall to lowest levels since 2004

Oil remains a contentious issue in South Sudan, making a pledge to break up a massive oil block largely held by French company Total
September 24th, 2012 - 09:49 GMT

South Sudan to break up huge oil block

Fuel subsidies look set to be cut in Egypt
September 24th, 2012 - 09:33 GMT

Egypt's fuel subsidy crisis

Is solar the new oil for the Saudi Kingdom?
September 24th, 2012 - 08:33 GMT

From oil to solar: Saudia Arabia positions itself as a clean energy heavyweight

Tareq Khaled Khouri, Second Place
September 24th, 2012 - 04:54 GMT

DEWA’s 14 most distinguished employees recognised in Q2 2012 Excellence Awards

Iran's oil output is expected to remain stable
September 23rd, 2012 - 01:36 GMT

Iran's oil output will remain at current levels, according to minister

Sayonara Saudi Electricity Company? Kingdom plans to privatise electricity sector
September 23rd, 2012 - 11:59 GMT

Keeping the lights on: Saudi Arabia to liberalise electricity sector

Will shale gas drive the Tunisian economy forward?
September 23rd, 2012 - 11:41 GMT

A done deal? Tunisia considers shale gas exploration

Oil firms risk the wrath of Baghdad as planned explorations in Kurdistan increase
September 23rd, 2012 - 10:31 GMT

Oil firms risk the wrath of Baghdad as more explorations in Kurdistan planned

Will Qatar fuel Egypt's future?
September 23rd, 2012 - 10:26 GMT

Egypt and Qatar in crucial gas link-up

Lucrative gas fields could be off the coast of Lebanon
September 23rd, 2012 - 07:00 GMT

Huge gas fields could be off the coast of Lebanon, say experts

GCC states need to reduce their oil-dependency
September 20th, 2012 - 12:32 GMT

Gulf economies need to diversify and reduce dependency on oil

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