Oil and Renewables | Al Bawaba

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Shell company building

July 30th, 2026 - 09:20 GMT

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 ...

Iran's nuclear ambitions are fuelling tension in the region causing the increase in the price of crude oil

September 13th, 2012 - 09:44 GMT

Crude oil prices rise as fears over Israeli attack on Iran and the global economic outlook cause uncertainty

Opec is confident over the supply of crude oil, but predicts a slowdown in 2013

September 12th, 2012 - 10:05 GMT

Crude oil supplies "abundant" according to Opec, but predicted slowdown could be deeper than feared

The fuel crisis that has rocked South Sudan could soon be over

September 12th, 2012 - 08:16 GMT

South Sudan's fuel crisis could soon be over, according to media official

Al Bawaba

September 11th, 2012 - 09:37 GMT

Omanoil realizes expansion strategy with five new filling stations and nine ahlain convenience stores in 2012

Saudi Arabia's oil minister says the supply and demand of the global economy doesn't justify current oil prices

September 11th, 2012 - 07:50 GMT

Adam Smith would not be pleased: High oil prices not justified, according to Saudi Arabia

Record breaking August for Iraqi oil product

September 10th, 2012 - 11:40 GMT

Iraq is now OPECs second largest producer: Highest output for 30 years

South Sudan is facing a severe fuel shortage.

September 10th, 2012 - 07:53 GMT

Fuel crisis in South Sudan: Government offices close early as foreign investors blamed

Offshore gas could prove lucrative for Lebanon

September 9th, 2012 - 11:43 GMT

Lebanon could have large offshore gas fields

Al Bawaba

September 9th, 2012 - 05:07 GMT

OCTAL triples PET resin production capacity to reach 1 million tons per year

Iraq is now the second largest oil producing country within the Organization of the Petroleum Exporting Countries and third in oil reserves.

September 6th, 2012 - 01:08 GMT

Kurdish Iraq gets the lion's share while Baghdad loses out on oil profits

The West is not alone in the pursuit of renewable energy capacity. Middle Eastern countries are on the same path and that includes Iran

September 5th, 2012 - 01:17 GMT

Forget talking dirty nuclear war with Iran, try renewable energy dialogue

Some oil majors have begun signing deals with Iraq’s autonomous Kurdistan region

September 4th, 2012 - 02:05 GMT

In the pipeline: Iraqi construction delays put Shell’s Majnoon under threat