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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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Oman: Non-Oil Revenues Expected to Rise by 25 Percent
January 6th, 2021 - 08:00 GMT

Oman: Non-Oil Revenues Expected to Rise by 25 Percent

Kuwait Announces Three New Oil Discoveries
January 5th, 2021 - 11:00 GMT

Kuwait Announces Three New Oil Discoveries

Total to Start Gas Explorations in Egypt
January 5th, 2021 - 10:00 GMT

Total to Start Gas Explorations in Egypt

OPEC+ Challenging Mission to Decide on Production Rates Suggests a Critical Year Ahead
January 5th, 2021 - 09:30 GMT

OPEC+ Challenging Mission to Decide on Production Rates Suggests a Critical Year Ahead

Germany: Electricity Export Surplus Plummets 46.2 Percent in 2020
January 5th, 2021 - 08:30 GMT

Germany: Electricity Export Surplus Plummets 46.2 Percent in 2020

Saudi Arabia Calls for Caution Amid Uncertainty in Global Oil Markets
January 5th, 2021 - 08:00 GMT

Saudi Arabia Calls for Caution Amid Uncertainty in Global Oil Markets

Oil Prices Rise Before OPEC+ Monthly Meeting
January 4th, 2021 - 11:50 GMT

Oil Prices Rise Before OPEC+ Monthly Meeting

UAE's Adnoc Acquires 15 Service Stations in Saudi Arabia
January 4th, 2021 - 09:00 GMT

UAE's Adnoc Acquires 15 Service Stations in Saudi Arabia

Oil Projected to Exceed $60 in 2021
January 3rd, 2021 - 02:00 GMT

Oil Projected to Exceed $60 in 2021

South Korea: Oil Refiners' Losses Projected at $4.6 Billion in 2020
January 3rd, 2021 - 01:30 GMT

South Korea: Oil Refiners' Losses Projected at $4.6 Billion in 2020

OPEC+ Jan Meeting: To Raise Production Or Not To Raise? That's The Question
January 3rd, 2021 - 08:30 GMT

OPEC+ Jan Meeting: To Raise Production Or Not To Raise? That's The Question

Egypt Inks $1 Billion Oil, Gas Exploration Deals with Top Companies
January 3rd, 2021 - 07:00 GMT

Egypt Inks $1 Billion Oil, Gas Exploration Deals with Top Companies

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