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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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Oil Exceeds $120 as China Eases Restrictions, EU Leaders Meet to Decide on Russian Embargo
May 30th, 2022 - 08:42 GMT

Oil Exceeds $120 as China Eases Restrictions, EU Leaders Meet to Decide on Russian Embargo

Saudi Aramco Mulls Acquiring Valvoline’s Petroleum Unit - Report
May 26th, 2022 - 06:47 GMT

Saudi Aramco Mulls Acquiring Valvoline’s Petroleum Unit - Report

UAE's ADNOC, Masdar Ink New Partnerships with BP to Develop Clean Hydrogen
May 24th, 2022 - 06:39 GMT

UAE's ADNOC, Masdar Ink New Partnerships with BP to Develop Clean Hydrogen

Oman Oil Marketing Company Partners With Oman International Trade and Exhibitions and Arabian Research Bureau To Support Oman’s Highest Profile Events
May 23rd, 2022 - 10:50 GMT

Oman Oil Marketing Company Partners With Oman International Trade and Exhibitions and Arabian Research Bureau To Support Oman’s Highest Profile Events

Abu Dhabi's Borouge IPO Opens at Dh2.45/share, Biggest IPO to Date
May 23rd, 2022 - 08:06 GMT

Abu Dhabi's Borouge IPO Opens at Dh2.45/share, Biggest IPO to Date

China Mulls Buying Discounted Russian Oil for Strategic Reserves: Report
May 22nd, 2022 - 09:20 GMT

China Mulls Buying Discounted Russian Oil for Strategic Reserves: Report

Empower achieves 21% growth in electronic transactions within 120 days
May 18th, 2022 - 08:15 GMT

Empower achieves 21% growth in electronic transactions within 120 days

APICORP announces leadership change
May 16th, 2022 - 09:41 GMT

APICORP announces leadership change

The Oil News You Need to Know
May 16th, 2022 - 07:21 GMT

The Oil News You Need to Know

Saudi Aramco Announces Highest Quarterly Since Listing, Hitting $39.5 Billion
May 15th, 2022 - 07:36 GMT

Saudi Aramco Announces Highest Quarterly Since Listing, Hitting $39.5 Billion

OPEC: Daily Basket Price Up to $109.02 a Barrel
May 12th, 2022 - 08:55 GMT

OPEC: Daily Basket Price Up to $109.02 a Barrel

Bosch To Invest up to 500 Million Euros To Develop Components for Hydrogen Electrolysis
May 12th, 2022 - 08:13 GMT

Bosch To Invest up to 500 Million Euros To Develop Components for Hydrogen Electrolysis

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