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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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Will OPEC+ Consider Easing Output Cuts Further After Breaching $70 Mark ?
June 27th, 2021 - 09:00 GMT

Will OPEC+ Consider Easing Output Cuts Further After Breaching $70 Mark?

Lebanon to Gradually Lift Fuel Subsidies
June 27th, 2021 - 08:30 GMT

Lebanon to Gradually Lift Fuel Subsidies

Lebanon Will Not Be Importing Iranian Oil
June 27th, 2021 - 08:00 GMT

Lebanon Will Not Be Importing Iranian Oil

UAE's Masdar Inks Strategic Deal With Iraq for 2GW Solar Projects
June 27th, 2021 - 06:00 GMT

UAE's Masdar Inks Strategic Deal With Iraq for 2GW Solar Projects

Italy's Eni Commences Digging Offshore Well In Bahrain
June 24th, 2021 - 01:00 GMT

Italy's Eni Commences Digging Offshore Well In Bahrain

Mubadala Acquires 2.6 Percent Stake In En+ Group International
June 24th, 2021 - 11:00 GMT

Mubadala Acquires 2.6 Percent Stake In En+ Group International

US: Amazon Becomes Largest Corporate Buyer of Renewable Energy
June 24th, 2021 - 07:30 GMT

US: Amazon Becomes Largest Corporate Buyer of Renewable Energy

Iraq In Talks with Masdar, ACWA Power to Deliver Clean Energy
June 23rd, 2021 - 11:00 GMT

Iraq In Talks with Masdar, ACWA Power to Deliver Clean Energy

Opinion: Why Iranian Oil Revival Shouldn't Be Considered A Threat
June 23rd, 2021 - 10:30 GMT

Opinion: Why Iranian Oil Revival Shouldn't Be Considered A Threat

Egypt Eyes Exporting of Surplus Gas to Europe Through Greece
June 22nd, 2021 - 01:00 GMT

Egypt Eyes Exporting of Surplus Gas to Europe Through Greece

Oman Oil Marketing Company Signs With Asyad Group For Bunker Fuel Supply
June 22nd, 2021 - 11:34 GMT

Oman Oil Marketing Company Signs With Asyad Group For Bunker Fuel Supply

Hyundai to Develop Batteries for EVs, Hydrogen Fuel Cell Vehicles
June 22nd, 2021 - 10:30 GMT

Hyundai to Develop Batteries for EVs, Hydrogen Fuel Cell Vehicles

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