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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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Gasoline prices have been soaring over the past two months
August 23rd, 2012 - 11:37 GMT

Lebanese gas to go through the roof

Experts say it will take a minimum of five years until companies start extracting gas and oil off the Lebanese coast if everything goes according to plan
August 23rd, 2012 - 11:05 GMT

The future of Lebanon could lie in natural gas

National Commercial Bank
August 16th, 2012 - 06:04 GMT

Saudi oil to flow more next year

With violence in Iraq escalating and Syrain turmoil exacerbating not to speak of the attacks on pipelines in Turkey crude oil markets are in for a bull run
August 16th, 2012 - 01:10 GMT

Global tensions inflate oil prices

Iran cut September crude-price differentials to customers in Asia, following a similar decrease by Saudi Arabia, the world’s largest crude exporter
August 16th, 2012 - 10:29 GMT

Oil issues leak out in the region

The fuel supply programme will begin in 2014-2015
August 16th, 2012 - 07:28 GMT

UAE goes nuclear: $3bn fuel deals

Dr. Mohammed Aiada Alkubaisi, Islamic scholar at ENOC’s final Ramadan lecture
August 16th, 2012 - 07:21 GMT

ENOC highlights importance of generosity at 4th Ramadan lecture

Al Bawaba
August 15th, 2012 - 08:57 GMT

Emirates Nuclear Energy Corporation awards nuclear fuel supply contracts

Al Bawaba
August 15th, 2012 - 06:46 GMT

Kuwait Energy starts commercial production in Abu Sennan, Egypt, following successful exploration activities

Looking ahead, Lebanon should not be over-critical at the country’s slow pace and should remain realistic in its expectations
August 14th, 2012 - 12:54 GMT

Tenders for Lebanese oil stick stuck in the pipeline

Iran natural gas
August 14th, 2012 - 10:44 GMT

Iran pioneers natural gas bank in ME

Suddenly, four of the world’s top 10 international oil companies by market value have set up shop in Arbil
August 13th, 2012 - 02:00 GMT

Oil big wigs eye Iraqi Kurdistan

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