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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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Elon Musk Wins ‘Pedo Guy’ Defamation Trial
December 8th, 2019 - 01:30 GMT

Elon Musk Wins ‘Pedo Guy’ Defamation Trial

Iran: Rouhani Presents ‘Budget of Resistance’ Against US Sanction
December 8th, 2019 - 01:00 GMT

Iran: Rouhani Presents ‘Budget of Resistance’ Against US Sanction

Egypt: Tourism Industry Expected to Recover Strongly During 2020
December 8th, 2019 - 12:30 GMT

Egypt: Tourism Industry Expected to Recover Strongly During 2020

Indonesia: Oil and Gas Regulator to Draw More Gulf Investment
December 8th, 2019 - 11:30 GMT

Indonesia: Oil and Gas Regulator to Draw More Gulf Investment

Middle Eastern Airlines Post 5.9 Percent Traffic Increase in October
December 8th, 2019 - 11:00 GMT

Middle Eastern Airlines Post 5.9 Percent Traffic Increase in October

Report: A Second Global Recession Unlikely to Happen Despite Several Indicators
December 8th, 2019 - 10:00 GMT

Report: A Second Global Recession Unlikely to Happen Despite Several Indicators

Dubai: Demand for ‘Affordable’ Houses Is on the Rise
December 8th, 2019 - 09:00 GMT

Dubai: Demand for ‘Affordable’ Houses Is on the Rise

Saudi Arabia: OPEC+ Will Only Ease Supply Curbs Once Pricing Reflect Tighter Oil Market
December 8th, 2019 - 08:30 GMT

Saudi Arabia: OPEC+ Will Only Ease Supply Curbs Once Pricing Reflect Tighter Oil Market

Kuwait: Non-Oil Exports Fall 0.9 Percent in November.
December 8th, 2019 - 08:00 GMT

Kuwait: Non-Oil Exports Fall 0.9 Percent in November

OPEC, Allies Oil Producers Agree on Extra 500,000 bpd Cuts
December 7th, 2019 - 02:59 GMT

OPEC, Allies Oil Producers Agree on Extra 500,000 bpd Cuts

Lebanon: Hariri Appeals for more Help with Imports
December 7th, 2019 - 02:27 GMT

Lebanon: Hariri Appeals for more Help with Imports

Your iPhone Collects and Transmits Your Location Even If You Blocked It from Doing So
December 5th, 2019 - 02:30 GMT

Your iPhone Collects and Transmits Your Location Even If You Blocked It from Doing So

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