Oil and Renewables | Al Bawaba

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Shell company building

July 30th, 2026 - 09:20 GMT

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 ...

Iran has threatened to close the Strait of Hormuz if Western moves to ban Iranian crude exports crippled its energy sector

March 19th, 2012 - 06:53 GMT

Iraq plans oil export routes for any Hormuz crisis

Media attention has focused on the possibility of an oil supply shock which could negatively impact economic growth forecasts as prices skyrocket

March 18th, 2012 - 04:06 GMT

Investors take advantage of rising oil prices

Al Bawaba

March 18th, 2012 - 12:02 GMT

Omanoil sponsors youth football tournament in association with the Ministry of Education

The local food market is witnessing a severe slowdown due to weak consumer purchasing power

March 18th, 2012 - 11:49 GMT

Jordan: ‘Suspending electricity price hike to keep food costs stable’

Gas stations owners have been complaining for several months that the quantities of oil derivatives arrive to stations are less than the ordered and paid for quantities

March 18th, 2012 - 07:24 GMT

Jordan: Gas stations threaten strike amid dispute with refinery

Al Bawaba

March 15th, 2012 - 10:58 GMT

Under the patronage of Health Undersecretary EQUATE & KACCH launch Painting Smiles exhibition

Renewable energy is cheaper than nuclear energy for Arab countries

March 15th, 2012 - 10:17 GMT

Renewable power 'best option for Arab world'

Gaza is experiencing a major electricity crisis because of a shortage of fuel for its sole power plant

March 15th, 2012 - 07:42 GMT

No fuel from Egypt to Palestinians despite payments

Dewa has enough reserves of electricity and water until 2020

March 14th, 2012 - 09:49 GMT

Dubai: How Energy efficient are we?

Consumers account for 56pc of the amount of electricity consumed, followed by commercial use at 28pc and industry at 15pc, with the remaining used by the agriculture sector

March 14th, 2012 - 09:10 GMT

Bahrain: Better use of energy urged

Oil-importing companies and owners of oil trucks will also join the strike to press the government to increase the surcharge because the current prices of gasoline are eroding their profits

March 14th, 2012 - 07:59 GMT

Lebanon: Oil importers and gas stations to observe a strike this Thursday

The extra money collected under the raised tariffs will be deducted from the electricity bills of the coming months, according to the government decision

March 14th, 2012 - 07:33 GMT

Jordanian Government suspends electricity price hike