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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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Al Bawaba
May 15th, 2012 - 10:14 GMT

Omanoil signs exclusive aviation fuel contract with world’s leading airline Etihad Airways

Global oil demand is forecast to grow by around 900,000 barrels a day in 2012
May 15th, 2012 - 08:49 GMT

Natural gas threatens to be biggest competitor to Crude Oil

Emirates Nuclear Energy Corporation
May 14th, 2012 - 09:08 GMT

ENEC opens 2012 intake for nuclear energy scholarship program

With energy accounting for 30 percent of production costs for manufacturers, the raise will directly affect manufacturers
May 14th, 2012 - 08:10 GMT

Jordan warned of pending tumult if electricity prices rise

Group photo after the signing ceremony
May 14th, 2012 - 07:13 GMT

EQUATE and Schmidt+Clemens sign cooperation accord for ethylene cracker performance optimization global ethylene market to exceed 160 million tons in 2012

A lot of the Middle East oil and gas reserves are mature, and they need a higher degree of expertise to remove the oil and gas
May 10th, 2012 - 11:22 GMT

Arab firms must drill deep to tap own oil experts

Al Bawaba
May 10th, 2012 - 05:58 GMT

Emarat honors distinguished employees for their dedication

More likely and simply gold may be suffering from investor fatigue
May 9th, 2012 - 02:00 GMT

Gold price slump has no clear cause

Al Bawaba
May 9th, 2012 - 02:00 GMT

Egypt-Israel gas affair could burst into flames

Brent North Sea crude for June slid $1.18 to $111.98 a barrel in London afternoon trading, and a day after hitting a three-month low point of $111.25
May 9th, 2012 - 12:03 GMT

Crude oil prices slip in response to shaky growth confidence

The 98-octane graded fuel now costs LL38,100 and the 95-octane graded fuel is now sold at LL37,400
May 9th, 2012 - 10:01 GMT

Lebanese taxis rejoice at gasoline price-cut of LL1,000

Al Bawaba
May 8th, 2012 - 09:34 GMT

Omanoil hosts renowned Islamic speaker Sheikh Suleiman Al Jubailan to inspire advocacy against peer pressure

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