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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 6th, 2015 - 04:30 GMT

Dead Sea cosmetics company Ahava bought by Chinese firm despite BDS protests

Al Bawaba
September 6th, 2015 - 04:00 GMT

Saudis 'heartened' by US assurances over Iran

Al Bawaba
September 5th, 2015 - 07:00 GMT

Noble Energy urges Israel to sanction gas deal for Mediterranean fields

Al Bawaba
September 4th, 2015 - 01:16 GMT

Is Egypt establishing a holding company for cinema?

Al Bawaba
September 3rd, 2015 - 11:28 GMT

Jordan launches first offering of Islamic bonds this month

Al Bawaba
September 3rd, 2015 - 10:10 GMT

BLOM PMI in Lebanon hits 11-month low

Al Bawaba
September 3rd, 2015 - 09:50 GMT

London firm will design a solar-powered luxury resort in UAE desert

Al Bawaba
September 3rd, 2015 - 09:31 GMT

Low oil prices hit Iraq’s revenue, down by nearly $1 billion in one month

Al Bawaba
September 3rd, 2015 - 05:07 GMT

Egypt’s business activity soars in August

Al Bawaba
September 3rd, 2015 - 03:16 GMT

Israeli NGO threatens to sue GE over supporting BDS

Al Bawaba
September 2nd, 2015 - 02:54 GMT

Iran announces plans to produce four million barrels of oil per day by 2016

Al Bawaba
September 2nd, 2015 - 11:00 GMT

UAE property market latest casualty of oil price slide; high hopes for Iranian investment

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