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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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Al Bawaba
January 5th, 2016 - 01:18 GMT

Kuwait to supply Egypt with $1.2B of crude oil, solar and jet fuel supplies annually

Al Bawaba
January 5th, 2016 - 12:46 GMT

Missing in the middle: Egypt addresses middle-income housing gap

Al Bawaba
January 5th, 2016 - 12:13 GMT

Oman eyes Duqm for further tourism development

Al Bawaba
January 5th, 2016 - 11:03 GMT

Pipe dream now real: phase one of Qatar's ambitious water reservoir project underway

Noor Jordan for Transport-Taxi Moumayaz will also operate 100 electric vehicles in Amman that will be introduced into the market gradually. (File photo)
January 5th, 2016 - 09:00 GMT

All hail Jordan's new environmentally and female-friendly taxis

Al Bawaba
January 5th, 2016 - 08:00 GMT

Dubai Duty Free 2015 sales soar at $1.89B

Al Bawaba
January 5th, 2016 - 07:33 GMT

Lebanon's NSSF employees to strike over rift with administration

Distribution of oil derivatives will be equally divided between Total, Manaseer Oil & Gas and JPRC, according to the ministry. (Panoramio)
January 5th, 2016 - 05:40 GMT

Jordan's JPRC monopoly to end with start of fuel imports

Al Bawaba
January 4th, 2016 - 03:00 GMT

Powerful stuff: GE inks deal for nearly $1B to construct Saudi electric plant

Al Bawaba
January 4th, 2016 - 02:00 GMT

Prepare for takeoff: lifted sanctions on Iran will turn up pressure on GCC aviation

Al Bawaba
January 4th, 2016 - 01:00 GMT

PayPal partners with Aramex to help you shop the world

Al Bawaba
January 4th, 2016 - 12:00 GMT

Abu Dhabi National Energy Company taps North Sea oil field

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