Oil & Energy
February 21, 2013
Jordan's Energy Minister on Wednesday unveiled plans for the country’s first private sector renewable energy projects as part of efforts to ease the Kingdom’s ongoing energy crunch.
Jordan’s sole potash producer on Wednesday denied that the company was in talks with Israeli firms on importing natural gas.
The Dubai government has no intention to privatise the electricity and water sector, Shaikh Hamdan Bin Rashid Al Maktoum, President of Dubai Electricity and Water Authority (Dewa), told the media on Tuesday.
February 20, 2013
Emirates National Oil Company is exploring the option of introducing self-service for fuel refilling across the ENOC network of stations, by initially providing the service during late-night operating hours from 12 midnight to 6am.
The last-minute decision by Jordan's government to cancel winter time resulted in saving the Kingdom $7 million over the course of darker months, Energy Minister Alaa Batayneh said on Tuesday.
The gas facility at the centre of the Algerian hostage crisis in January will resume production by February 24, state media reported on Monday.
Kuwait Energy announced an update on its financial and corporate activities during its fourth quarter.
February 19, 2013
Egypt will begin to reduce fuel subsidies in April, the country's minister of petroleum and mineral resources said on Monday.
Oil companies yesterday vehemently denied media reports that they have re-exported fuel oil to Syria.
February 18, 2013
Saudi Arabia has earmarked around SR502.5 billion ($134 billion) for power generation and water projects in a bid to raise electrical generation at 49 per cent through 2019.
February 17, 2013
Kuwait Foreign Petroleum Exploration Company (Kufpec) has reportedly picked five banks to arrange a $750 million, five-year loan.
Emirates National Oil Company’s corporate offices served customers at the ENOC/EPPCO retail station forecourts for half a day as part of the company’s team building initiative.
German oil firm Wintershall said it is struggling to return production in Libya to levels from before the civil war, with difficulties finding contractors, and despite its vast resources, it is also ruling out exploring for more hydrocarbons.
The first of two electricity barges aimed at boosting Lebanon’s ailing power production entered Lebanese territorial waters Saturday.
In its 10th anniversary year, Oman Oil Marketing Company celebrated the commitment of its staff over the last decade that has enabled the company to serve Oman with quality products and exceptional customer care.