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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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With gas supplies from Egypt being disrupted due to turmoil in the Sinai peninsula, Israel has been seeking alternative fuels and ways to speed up development of its reserves
October 27th, 2011 - 07:27 GMT

Israel warns firms to drill faster for oil, gas

The region is under-explored, to say which minerals it is rich in would be a bold and premature statement,” said Elena Clarici, Chairman of the Association of Mining Analysts
October 26th, 2011 - 02:50 GMT

Middle East digs deep to attract investors in mining

OPEC’s fifth-biggest oil producer, whose air conditioners run cheaply off state-subsidised oil-fired power plants, aims to generate 10 percent of its electricity from sustainable sources by 2020
October 26th, 2011 - 02:25 GMT

Kuwait sets huge renewable energy goal

The move comes amidst increasing concern in Amman over the reliability of Egyptian gas, which the Kingdom relies on for over 80 percent of its electricity generation needs
October 26th, 2011 - 02:08 GMT

As Egyptian gas supplies stall, Jordan turns to Iraq

Ahmed Bin Shafar, CEO, Empower
October 26th, 2011 - 11:15 GMT

Empower launches campaign clarifying district cooling billing system among 16000 customers

Al Bawaba
October 26th, 2011 - 06:27 GMT

Carl Sheldon appointment as TAQA CEO

Ahmad Bin Hamad Al Nuaimi, CEO of APICORP, GCC
October 26th, 2011 - 05:48 GMT

APICORP concludes another successful divestiture

During the ceremony
October 25th, 2011 - 09:12 GMT

Ministry of Electricity & Water recognizes EQUATE

Al Bawaba
October 24th, 2011 - 11:48 GMT

World Future Energy Summit 2012 to focus on role of innovation

Dana Gas
October 23rd, 2011 - 11:47 GMT

Dana Gas participates in World Economic Forum in Jordan

The GCC, which possess more than 70 percent of OPEC’s oil production capacity, plays a pivotal role in world markets, particularly due to the world financial crisis which has hit the confidence of world economies
October 23rd, 2011 - 06:42 GMT

GCC to meet oil shortages to maintain stable prices

Al Bawaba
October 20th, 2011 - 05:55 GMT

UAE is becoming a hub for the Development and Deployment of Renewable Energy Technologies

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