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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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The price of 98-octane graded fuel now stands at LL36,000 while the price of 95-octane graded fuel is LL35,300
May 23rd, 2012 - 08:07 GMT

Gasoline prices plummet in Lebanon

The gas projects will be used as feedstock for the petrochemicals industry
May 22nd, 2012 - 03:11 GMT

Iraq sets sights first in gas, then petrochemical sector

Bahrain is focusing on upgrading the energy sector, diversify revenues and promote the Kingdom's status as a major investment destination.
May 22nd, 2012 - 11:49 GMT

Bahrain plans more oil excavation

Surveyed oil and gas executives worry more about retention than leaders in other sectors
May 22nd, 2012 - 11:38 GMT

ME's talent drain in oil and gas sector

Al Bawaba
May 22nd, 2012 - 06:54 GMT

TAQA and Turkish Energy Ministry agree to form joint committee to explore future energy investment opportunities

Mr. Ahmad Ayyash, general manager Fasttrack
May 22nd, 2012 - 05:10 GMT

Fasttrack provides vehicle glass repair and replace service

Saudi production reached a 31-year high at 9.923 million barrels per day (bpd) in March, marginally more than Russia's 9.920 million bpd
May 21st, 2012 - 02:25 GMT

Saudi Arabia beats Russia as world's oil giant

Al Bawaba
May 21st, 2012 - 12:18 GMT

RAK Petroleum announces first quarter profits on back of DNO International results

ENOC’s AutoPro
May 21st, 2012 - 10:28 GMT

ENOC’s AutoPro to showcase service portfolio at Automechanika Middle East

Al Bawaba
May 21st, 2012 - 05:10 GMT

RAK Petroleum, DNO initiative shareholder group announce support for an additional listing by DNO International

Oil has plunged 12 percent this month to about $92.50 after Iran and the six world powers resumed talks in Istanbul last month
May 20th, 2012 - 12:22 GMT

Iran Economy Alert: Sanctions will have knock-on effect on west's economies

can Libya double its production to 3 million bpd - a level it last pumped more than 40 years ago?
May 20th, 2012 - 08:29 GMT

Libyan oil industry makes startling recovery

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