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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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Indonesia Shifts to Focus to Renewable Energy Amid Pandemic
November 24th, 2020 - 12:30 GMT

Indonesia Shifts to Focus to Renewable Energy Amid Pandemic

Petroleum Development Oman Completes the Third Phase of Digital Transformation Strategy With Hexagon
November 24th, 2020 - 07:40 GMT

Petroleum Development Oman Completes the Third Phase of Digital Transformation Strategy With Hexagon

UAE: 22 Billion New Barrels of Oil Discovered in Abu Dhabi
November 22nd, 2020 - 03:30 GMT

UAE: 22 Billion New Barrels of Oil Discovered in Abu Dhabi

Aramco Signs Long Time Agreement with 8 Companies for Major Oil, Gas Projects
November 19th, 2020 - 08:30 GMT

Aramco Signs Long Time Agreement with 8 Companies for Major Oil, Gas Projects

Saudi Arabia Reveals Comprehensive Electricity Sector Reforms
November 18th, 2020 - 09:00 GMT

Saudi Arabia Reveals Comprehensive Electricity Sector Reforms

Aramco's Bond Sale Encourages Corporations to Tap into GCC's Debt Markets
November 18th, 2020 - 08:30 GMT

Aramco's Bond Sale Encourages Corporations to Tap into GCC's Debt Markets

Big Decisions Awaits OPEC+ Ahead As Oil Prices Soar on Vaccine Hopes
November 17th, 2020 - 02:00 GMT

Big Decisions Awaits OPEC+ Ahead As Oil Prices Soar on Vaccine Hopes

Saudi Aramco Hires Banks Ahead of Debut Multi-Tranche Bond
November 17th, 2020 - 08:30 GMT

Saudi Aramco Hires Banks Ahead of Debut Multi-Tranche Bond

Arab Petroleum Investments Corporation (Apicorp) Highlights the Economic Opportunities and Challenges for MENA Countries Under COVID-19
November 16th, 2020 - 12:07 GMT

Arab Petroleum Investments Corporation (Apicorp) Highlights the Economic Opportunities and Challenges for MENA Countries Under COVID-19

UAE: Non-Oil Trade Value Reaches $179 Million in H1
November 15th, 2020 - 12:00 GMT

UAE: Non-Oil Trade Value Reaches $179 Million in H1

Oil Registers Second Weekly Gain but Vaccines Won't Rescue Market
November 15th, 2020 - 07:00 GMT

Oil Registers Second Weekly Gain but Vaccines Won't Rescue Market

IEA Projects Green Energy Capacity to Hit Record 200GW in 2020
November 12th, 2020 - 01:00 GMT

IEA Projects Green Energy Capacity to Hit Record 200GW in 2020

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