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 offered to sell Lebanon electricity at reduced prices as well as build additional power plants to help the country meet its growing electricity demands

March 8th, 2012 - 10:37 GMT

Lebanon and Iran approved on MoU to assist with the electricity sector

Jordanian government is moving forward with a proposal to import liquid gas from the Gulf countries and store it on an offshore steamliner in the Port of Aqaba

March 8th, 2012 - 08:06 GMT

Jordan is moving ahead with liquid gas plans

Al Bawaba

March 8th, 2012 - 06:22 GMT

Emarat organizes a cricket championship for its service stations' employees

The semi-official ISNA news agency stated a key condition: Such a visit would require an agreement between the two sides on guidelines

March 7th, 2012 - 06:42 GMT

Iran: Tehran to allow nuclear inspectors into Parchin

World equities and oil have typically been closely correlated since 2008 because both were driven by global demand

March 6th, 2012 - 12:59 GMT

High oil price raises spectre of recession

Egypt’s 20-year gas deal with Israel, signed during the Mubarak era, is unpopular with some Egyptians, with critics accusing Israel of not paying enough for the fuel

March 6th, 2012 - 07:08 GMT

Egypt gas pipeline bombed for the 13th time

During the event

March 5th, 2012 - 11:45 GMT

TAQA to sponsor Zayed University’s Women as Global Leaders Conference

Brent fell 2 per cent on Friday after Saudi Arabia denied a media report of an explosion at a Saudi oil pipeline that had helped Brent crude prices shoot up $5 to $126.20

March 5th, 2012 - 10:25 GMT

Brent nears $124 on Iran supply concerns

US sanctions on Iran’s oil buyers, to begin July 1, have already forced its customers in Europe and Asia to curb purchases from the world’s fifth-largest crude exporter

March 5th, 2012 - 08:29 GMT

Saudi Arabia is taking steps to contain Iran oil threat

The Iranian foreign minister went on to say that Tehran has managed sanctions against the country by maintaining its political independence in the international arena

March 4th, 2012 - 03:55 GMT

Oil ban on Iran to pressure European people

The price hike came as a bid for citizens to carry part of the burden of rising electricity generation costs due to ongoing cuts in Egyptian gas supplies

March 4th, 2012 - 01:17 GMT

Jordan: Energy officials insist new electricity pricing accurate

Al Noor Fun Fair

March 4th, 2012 - 12:44 GMT

ENOC’s TarabuT CSR initiative raises funds for Al Noor Centre through Family Fun Fair