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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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SIIG, Petrochem Start Merger Discussions
September 21st, 2020 - 11:00 GMT

SIIG, Petrochem Start Merger Discussions

Oil Prices Rebound Jolted by Saudi Pledge
September 20th, 2020 - 06:00 GMT

Oil Prices Rebound Jolted by Saudi Pledge

New Gas Discovery Offshore Announced In Egypt
September 17th, 2020 - 10:00 GMT

New Gas Discovery Offshore Announced In Egypt

British Petroleum Revels New Gas Discovery in Egypt
September 16th, 2020 - 12:30 GMT

British Petroleum Revels New Gas Discovery in Egypt

OPEC to Meet Over New Production Cuts
September 16th, 2020 - 09:30 GMT

OPEC to Meet Over New Production Cuts

Egypt, Libya to Discuss Resuming Oil Exports
September 16th, 2020 - 06:00 GMT

Egypt, Libya to Discuss Resuming Oil Exports

OPEC Cuts Global Oil Demand Forecasts
September 15th, 2020 - 12:30 GMT

OPEC Cuts Global Oil Demand Forecasts

OPEC Turns 60 During the Most Challenging Year for the Oil Market
September 15th, 2020 - 09:00 GMT

OPEC Turns 60 During the Most Challenging Year for the Oil Market

Egypt: Foreign Investments in Public Oil Sector Hit $2.2 Billion
September 15th, 2020 - 06:30 GMT

Egypt: Foreign Investments in Public Oil Sector Hit $2.2 Billion

IEA Urges Sectors Beyond Power to Increase Efforts in Reducing Carbon Emissions
September 13th, 2020 - 01:30 GMT

IEA Urges Sectors Beyond Power to Increase Efforts in Reducing Carbon Emissions

Oil Prices Plummet Amid Fears of Severe Pandemic Second Wave
September 13th, 2020 - 06:00 GMT

Oil Prices Plummet Amid Fears of Severe Pandemic Second Wave

Saudi Electricity Calls on Investors for Green Bond Sale
September 10th, 2020 - 06:00 GMT

Saudi Electricity Calls on Investors for Green Bond Sale

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