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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
December 1st, 2015 - 11:06 GMT

Vitol contract possible if Libya's National Oil Corp. stays independent

Al Bawaba
December 1st, 2015 - 10:21 GMT

Bahrain ready to roll as Rolls Royce releases Dawn

Al Bawaba
December 1st, 2015 - 04:05 GMT

Egypt eyes an opportunity in Turkey-Russian trade gap

Al Bawaba
December 1st, 2015 - 03:42 GMT

Egypt's garments sector in crisis over EgyptAir cargo ban on commercial flights

Al Bawaba
December 1st, 2015 - 02:24 GMT

Chinese investors drawn to opportunities in Kuwait

The SFD has signed over some $1.2B in projects for Jordan. (File photo)
December 1st, 2015 - 11:46 GMT

Saudi Fund grants $218M aid for Jordan infrastructure, development projects

Al Bawaba
December 1st, 2015 - 10:45 GMT

Qatar Airways to cancel Doha-Osaka route after slots row

Al Bawaba
December 1st, 2015 - 09:45 GMT

Stakes high as climate change summit gets underway in Paris

Al Bawaba
December 1st, 2015 - 08:00 GMT

Russia accuses Turkey of downing jet to protect oil trade with Daesh

Al Bawaba
November 30th, 2015 - 09:18 GMT

UAE's Dana Gas, Germany's RWE reach 'amicable' agreement over Kurdish Iraq operations

Egypt imported oil from Iran prior to the 2012 sanctions. (Al Bawaba/File)
November 30th, 2015 - 04:51 GMT

With lifting of sanctions, Iran looks to export crude oil to Egypt

Al Bawaba
November 30th, 2015 - 04:29 GMT

Sky high salaries: Egypt exempts six banks from maximum wage law

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