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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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The report said the El-Sharara field deep in the county's western desert could start producing "within the next two weeks" and could reach output of 400,000 barrels per day shortly
October 4th, 2011 - 07:58 GMT

Libyan oil output to hit 1 million bpd by November end

Al Bawaba
October 4th, 2011 - 07:18 GMT

Masdar Institute honors sponsors of Young Future Energy Leaders 2011 Programs

Al Bawaba
October 4th, 2011 - 05:53 GMT

Growth of Middle East and Asian economies will drive oil & gas sector, says Saeed Khoory

Iran, which holds the rotating OPEC presidency, usually pumps as much as its creaking oil sector will allow but opposes OPEC production increases because of their potential to reduce per barrel sales revenues
October 3rd, 2011 - 03:19 GMT

Iran, Saudi Arabia see balanced oil market

Dr. Sultan Ahmed Al Jaber, Director General of the Zayed Future Energy Prize
October 3rd, 2011 - 07:13 GMT

Participation in 2012 Zayed Future Energy Prize soars by 180%

Badr Jafar, President of Crescent Petroleum receiving the award
October 2nd, 2011 - 09:24 GMT

Badr Jafar honored with LIBAN award

The market is currently characterised by a balance between supply and demand
October 2nd, 2011 - 09:14 GMT

Saudi oil minister says oil market balanced

Alternative Energy
October 2nd, 2011 - 08:39 GMT

Sharjah switches on to sustainability

Al Bawaba
October 2nd, 2011 - 07:55 GMT

TAQA establishes MYR 3.5 billion programme

Adel Al-Saad Al-Munifi, EQUATE Senior Executive for Corporate Communications & Client Affairs
October 2nd, 2011 - 06:04 GMT

Al-Munifi: EQUATE an academy for distinguished Kuwaiti leaders

Cyprus has begun exploratory drilling for oil and gas in the eastern Mediterranean Sea – risking escalating tensions with Turkey
October 1st, 2011 - 01:53 GMT

The oil issue in the Middle East

There was a leak from the pipeline, because the pipe was old
September 29th, 2011 - 02:56 GMT

Iraq shuts down crude exports to Turkey

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