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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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OPEC,which produces a third of global oil, said daily average demand for its crude in 2013 would stay below its current production levels
July 16th, 2012 - 10:34 GMT

Oil demand set to slump by 2013

Oil Pipelines
July 16th, 2012 - 10:03 GMT

UAE starts pipeline to bypass Iran's Strait

Mr Lineesh, 3rd Week Nissan Micra Winner
July 16th, 2012 - 09:51 GMT

ENOC rewards third winner of DSS Nissan Micra draw

Globally, the United States topped the list of attractive countries for oil and gas investments
July 16th, 2012 - 09:48 GMT

Oil and gas investment: Lebanon ranks seventh

Electricite Du Liban (EDL)
July 16th, 2012 - 07:30 GMT

Lebanon's electric company call in the heavies to deal with debtors

Iran says the programme is for peaceful energy purposes
July 15th, 2012 - 04:00 GMT

Iran threatens new oil blockade

Iran, which sits on the world's second largest reserves of both oil and gas, is facing western sanctions over its civilian nuclear program
July 15th, 2012 - 02:34 GMT

Iran strikes gas accords: consolidates deal with Asia & Europe

The UAE has the highest petrol price in the oil-rich Gulf and the third in the Arab world
July 15th, 2012 - 07:11 GMT

UAE has most expensive gas in the GCC

IEA
July 12th, 2012 - 12:39 GMT

Oil demand will reflect weak economic recovery by 2013

Saudi Arabia wins oil battle against Iran
July 12th, 2012 - 11:25 GMT

In the battle to control the oil markets, Saudi comes out on top

During the event
July 12th, 2012 - 09:47 GMT

ENOC presents Nissan Micra cars to lucky winners of DSS promotion

OPEC
July 11th, 2012 - 12:50 GMT

OPEC crude oil production dips

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