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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 Prices Surge Above $119, Hitting Highest Level Since 2008
March 3rd, 2022 - 08:45 GMT

Oil Prices Surge Above $119, Hitting Highest Level Since 2008

BP Shares Plunge After Announcing Selling $14bn Stake in Russian Rosneft
February 28th, 2022 - 10:10 GMT

BP Shares Plunge After Announcing Selling $14bn Stake in Russian Rosneft

Saudi Arabia Discovers Five Natural Gas Fields
February 28th, 2022 - 09:29 GMT

Saudi Arabia Discovers Five Natural Gas Fields

Aramco Shares Soar to Record High, Market Cap at $2.24T
February 24th, 2022 - 11:54 GMT

Aramco Shares Soar to Record High, Market Cap at $2.24T

European Gas Soars 41% After Russia Attacks Ukraine Targets
February 24th, 2022 - 08:29 GMT

European Gas Soars 41% After Russia Attacks Ukraine Targets

Oil Prices Soar Above $100 for First Time Since 2014
February 24th, 2022 - 07:10 GMT

Oil Prices Soar Above $100 for First Time Since 2014

Oil Prices Soar to Seven-Year Highs
February 22nd, 2022 - 09:59 GMT

Oil Prices Soar to Seven-Year Highs

Energy Investments In MENA Region Supported By Elevated Oil And Gas Prices
February 21st, 2022 - 02:46 GMT

Energy Investments In MENA Region Supported By Elevated Oil And Gas Prices

Saudi Aramco Shares Soar to an All-Time High
February 21st, 2022 - 10:26 GMT

Saudi Aramco Shares Soar to an All-Time High

Saudi Arabia Transfers 4% of Aramco Shares to PIF
February 13th, 2022 - 09:06 GMT

Saudi Arabia Transfers 4% of Aramco Shares to PIF

Oil Prices Rise Over Concerns of Tight Supply
February 7th, 2022 - 09:59 GMT

Oil Prices Rise Over Concerns of Tight Supply

Oil Prices Edge Near 7-Year Highs
February 2nd, 2022 - 12:32 GMT

Oil Prices Edge Near 7-Year Highs

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