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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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A portion of the natural gas to be transported via the pipeline will be supplied to Jordan at a price to be set by the two governments at a later stage
June 12th, 2012 - 06:29 GMT

Jordan, Iraq near gas pipeline deal; Qatari delegation due in Amman

Iran's production has sunk to its lowest in two decades due to Western sanctions against its nuclear programme
June 11th, 2012 - 12:32 GMT

Oil glut hits price, $100-$120 reasonable: OPEC

Brent crude was trading just under $99 per barrel on Friday after dropping to a 16-month low below $96 a barrel last week
June 10th, 2012 - 10:37 GMT

Saudi cuts May crude production

Al Bawaba
June 10th, 2012 - 05:53 GMT

Omanoil partners with Oman Green Awards 2012 to honor outstanding environmental conservation practices

Sultan Ahmed Al Jaber, Managing Director and CEO of Masdar and Director General of the Zayed Future Energy Prize
June 10th, 2012 - 05:46 GMT

Masdar hosts CDP carbon reporting awareness sessions in the UAE

Multibillion-dollar spending plans for social housing, infrastructure or tourism were supported by a resurgent oil price, with Brent averaging $107 a barrel last year, according to calculations by Reuters
June 7th, 2012 - 02:00 GMT

Additional oil output, lower oil price, different break-even points

Algeria needs to import large quantities of refined fuel products such as gasoline and gasoil due to insufficient refining capacity
June 7th, 2012 - 11:22 GMT

Algeria tries to boost its oil and gas capacity

The GDP in oil activities grew by 36.3 percent in 2011
June 7th, 2012 - 07:53 GMT

Boom in oil prices is a boon for Oman's GDP

Al Bawaba
June 7th, 2012 - 05:43 GMT

Emarat organizes a Badminton Championship for its service stations' employees

Increased production capacity is vital to satiate an energy hungry world
June 6th, 2012 - 02:00 GMT

Kuwait plans to boost oil supplies to meet increasing global demand

Two years ago the UAE considered phasing out generous subsidies that mean both citizens and the larger immigrant population only pay $0.47 for a litre of gasoline
June 6th, 2012 - 10:39 GMT

UAE oil lovers and industry bosses go head-to-head

Iranian nuclear programme has escalated the threat level in the region
June 6th, 2012 - 10:37 GMT

Saudi is threatened by Iran's nuclear plans

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