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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
April 10th, 2012 - 06:32 GMT

EQUATE hosts annual local customers event attended by major Kuwaiti plastics producers

Employees are demanding salary increases, cost of living raises, hazard pay and improved health insurance coverage
April 9th, 2012 - 07:20 GMT

Jordanian Electric Power Company workers begins striking

On the supply side, there is a similar difference between short-term and longer-run effects
April 8th, 2012 - 12:26 GMT

The energy deficit

Al Bawaba
April 8th, 2012 - 05:28 GMT

EQUATE names Mohammad Husain as President & CEO Succeeding Hamad Al-Terkait

Plans to re-open the country’s first oilfield, Dammam, which could add an extra 40,000 bpd are still under study
April 5th, 2012 - 01:21 GMT

KSA aims to pump record oil

Gaza has been in the grip of a severe power crisis with its sole electricity plant unable to function
April 5th, 2012 - 08:59 GMT

Fuel arrives in Gaza under new deal

Libya's 1.6 million barrels per day (bdp) of exports were halted as civil war broke out in February last year
April 4th, 2012 - 11:16 GMT

Oil production still unstable in Libya

Al-Faresi, EQUATE PE Business Director, with the students attending GPCA plastics
April 4th, 2012 - 06:33 GMT

Al-Faresi: EQUATE sponsors 10 Kuwaiti university students to attend 3rd GPCA plastics summit 140 million tons Gulf’s production of petrochemicals in 2015

Employees were demanding that the company raise their basic salaries and cover healthcare insurance
April 4th, 2012 - 06:28 GMT

Jordanian electricity workers begin a strike

Al Bawaba
April 3rd, 2012 - 12:11 GMT

OMANOIL crowns Muscat students in football tournament finale

Korea Electric Power is keen to build on its success after it headed a consortium that won a $20.4 billion contract in 2009
April 3rd, 2012 - 11:42 GMT

Will the UAE become more Nuclear?

Rising oil prices have helped underpin expansionary spending by many GCC states
April 3rd, 2012 - 08:56 GMT

Oil prices lift GCC but risks remain

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