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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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Europe Gas Prices Slip Amid Disruption of Flows Through Ukraine
May 11th, 2022 - 11:27 GMT

Europe Gas Prices Slip Amid Disruption of Flows Through Ukraine

Pakistan: Chinese Power Producers Threaten of Shutting Down if Not Paid Pending Payments
May 10th, 2022 - 11:22 GMT

Pakistan: Chinese Power Producers Threaten of Shutting Down if Not Paid Pending Payments

Oil Prices Extend Steep Decline Amid Rising Concerns Over Global Demand
May 10th, 2022 - 09:33 GMT

Oil Prices Extend Steep Decline Amid Rising Concerns Over Global Demand

Aramco Set New Crude Prices, Shares Soar to Highest Level Since Listing
May 8th, 2022 - 11:37 GMT

Aramco Set New Crude Prices, Shares Soar to Highest Level Since Listing

Finland Plans to Cut off Russian Gas Supplies in May: Reports
May 1st, 2022 - 09:18 GMT

Finland Plans to Cut off Russian Gas Supplies in May: Reports

Russia's Gazprom Suspends Gas Supplies to Poland and Bulgaria
April 27th, 2022 - 07:38 GMT

Russia's Gazprom Suspends Gas Supplies to Poland and Bulgaria

Adnoc-Borealis Plastics Joint Venture Seek $2 Billion from IPO: Report
April 24th, 2022 - 11:45 GMT

Adnoc-Borealis Plastics Joint Venture Seek $2 Billion from IPO: Report

 Oman Oil Marketing Company Serves Those in Need Through Annual at’a Campaign
April 24th, 2022 - 05:09 GMT

Oman Oil Marketing Company Serves Those in Need Through Annual at’a Campaign

UAE: Non-Oil Sector's Contribution to GDP Tops 72% in 2021
April 19th, 2022 - 11:12 GMT

UAE: Non-Oil Sector's Contribution to GDP Tops 72% in 2021

Saudi ukraine war
April 17th, 2022 - 03:00 GMT

What Role Does Saudi Play in the Oil Market Amid the Ukraine War?

Libyan Oil Field Halts Production Due to Dispute Over Prime Minister: Report
April 17th, 2022 - 08:16 GMT

Libyan Oil Field Halts Production Due to Dispute Over Prime Minister: Report

Abu Dhabi Acquires Two New-build LNG Vessels from China
April 12th, 2022 - 11:26 GMT

Abu Dhabi Acquires Two New-build LNG Vessels from China

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