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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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Oil refinery
August 29th, 2012 - 10:20 GMT

UAE plans $60bn investment to oil the wheels for record output

n this photo provided by the Cyprus Press and Information office, the Noble Energy company's offshore oil and gas rig is seen some 115 miles (185 kilometers) off Cyprus' south coast.
August 29th, 2012 - 07:48 GMT

Beiruti private equity fund hints that Egyptian oil is next big thing

The unusual tactic was begun in early April and affects a quarter of Iran’s tanker fleet
August 28th, 2012 - 01:50 GMT

Rogue-traders: Iran's oil-tankers violate maritime law to bypass sanctions

Jassim al-Saadoun, head of Kuwait-based Al-Shall Economic Consultantsز
August 28th, 2012 - 01:16 GMT

Kuwait oil budget spills into $42.9bn surplus

ENOC and Aldrees Joint Venture
August 28th, 2012 - 08:48 GMT

ENOC and Aldrees sign joint venture to establish service stations in Saudi Arabia

A nuclear power plant in Iran
August 28th, 2012 - 06:08 GMT

No inspections, but Iran may let diplomats get the nuclear tour

With energy becoming ever more expensive, there is huge interest in the cost-reduction potential afforded by new technology
August 27th, 2012 - 10:02 GMT

GCC's big energy collective splurge of $252 Billion

Dr. Saleh A Al Anboori
August 27th, 2012 - 08:20 GMT

Oman to sign two oil, gas deals next month

Dubai city
August 27th, 2012 - 07:22 GMT

The gap between oil state GDP and the rest of the Arab world widens

Iran oil
August 26th, 2012 - 05:32 GMT

Roll up: Iran flogs its oil bonds

Power poles
August 26th, 2012 - 12:51 GMT

Hey big spender: Saudi tops the GCC power investors

Abu Dhabi
August 23rd, 2012 - 04:23 GMT

Abu Dhabi shares soar on the back of oil trade

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