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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
September 13th, 2015 - 01:22 GMT

Islamic banks to see a significant uptick from post-sanctions Iran

The Athens-based company was awarded $335 million to reconstruct part of the Doha industrial area. (AFP/File)
September 13th, 2015 - 01:14 GMT

Greece's Terna JV wins $335 million contract for road project in Qatar

The US EIA reported significant decreases in Saudi oil imports compared with the same period in 2014. (AFP/File)
September 13th, 2015 - 12:26 GMT

Saudi oil exports to US drop 15 percent from last year

Al Bawaba
September 13th, 2015 - 12:15 GMT

US donates $10 million to UNICEF, at-risk children in Lebanon

Al Bawaba
September 13th, 2015 - 11:57 GMT

Qatar eyes Israeli natural gas to help Gaza’s energy crisis

Al Bawaba
September 13th, 2015 - 11:38 GMT

Munich reaches housing limit as thousands of refugees flock to Germany

President Abdel Fattah al-Sisi assigned Petroleum Minister Sherif Ismail to form the new cabinet following the government's resignation Saturday. (AFP/File)
September 13th, 2015 - 11:25 GMT

Egypt’s petroleum minister to form a new government

Al Bawaba
September 13th, 2015 - 09:11 GMT

Bottom of the barrel? Oil prices could dip to $20: Goldman Sachs

Al Bawaba
September 13th, 2015 - 08:48 GMT

Dubai's IMG Worlds of Adventure set to be world's largest indoor theme park

Al Bawaba
September 13th, 2015 - 08:38 GMT

Promoted market status for Qatar and Palestine: FTSE

Al Bawaba
September 13th, 2015 - 07:56 GMT

Iran discovers 'significant' quantity of uranium reserves

Al Bawaba
September 13th, 2015 - 06:44 GMT

On track: Jordan signs $2.8B railway deal with China

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