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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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$75.3 Billion of Middle East Oil & Gas Contracts Awarded to China
November 17th, 2019 - 01:30 GMT

$75.3 Billion of Middle East Oil & Gas Contracts Awarded to China

Billionaires’ Wealth Plummets by $388 billion in 2018
November 17th, 2019 - 01:00 GMT

Billionaires’ Wealth Plummets by $388 billion in 2018

Iran: Non-oil exports Hit $24.5 billion in 7 months
November 17th, 2019 - 11:00 GMT

Iran: Non-oil exports Hit $24.5 billion in 7 months

Global Interest Rates to Be Lower for Longer to Support Economic Growth
November 17th, 2019 - 11:00 GMT

Global Interest Rates to Be Lower for Longer to Support Economic Growth

Oman’s Crude Production Exceeds 30 Million barrels in Oct 2019
November 17th, 2019 - 10:00 GMT

Oman’s Crude Production Exceeds 30 Million barrels in Oct 2019

Protesters Reject Carlos Ghosn as a Future Political Leader in Lebanon
November 17th, 2019 - 09:30 GMT

Protesters Reject Carlos Ghosn as a Future Political Leader in Lebanon

Saudi Aramco Sets IPO Share Price Around $8
November 17th, 2019 - 09:00 GMT

Saudi Aramco Sets IPO Share Price Around $8

Russia Earns More than Saudi Arabia from OPEC+ Deal
November 17th, 2019 - 08:30 GMT

Russia Earns More than Saudi Arabia from OPEC+ Deal

Abu Dhabi Hotel Guests Exceed 1.3 Million in Q3 2019
November 17th, 2019 - 08:00 GMT

Abu Dhabi Hotel Guests Exceed 1.3 Million in Q3 2019

Boeing: Progress Made on 737 MAX’s Return
November 17th, 2019 - 07:30 GMT

Boeing: Progress Made on 737 MAX’s Return

Saudi Arabia, Jordan Discuss Additional Projects North of NEOM
November 17th, 2019 - 07:00 GMT

Saudi Arabia, Jordan Discuss Additional Projects North of NEOM

Egypt Will Lower Prices of Subsidized Food Staples Starting December
November 16th, 2019 - 06:40 GMT

Egypt Lowers Prices of Subsidized Food Staples Starting December

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