Oil & Energy

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“My Sun: The Source of My Energy”, the campaign was launched late Tuesday
August 28, 2014 - 08:26 GMT
Households in Jordan can save up to 90 per cent of their monthly electricity bill by installing photovoltaic systems to produce energy from solar power, according to organisers of a campaign to encourage the usage of such systems at homes.

January 8, 2014

Israel's Ministry of Energy, Jordan's Ministry of Energy and Noble Energy all declined to comment on the report.
13:38 GMT

Israel will build a 15 kilometer pipeline from the Dead Sea to Jordan in 2015, sources told "Bloomberg."

A Syrian refugee in Jordan's Zaatari camp retrieves water. Jordan is one of the most water-scarce countries on earth (File Archive/AFP)
09:42 GMT

The Hashemite Kingdom of Jordan needs $750 million during the next three years to meet its rising demand for water resources.

During the event
09:37 GMT
(press release)

Dubai Electricity and Water Authority (DEWA) today organised the Annual Partners’ Appreciation Ceremony, attended by HE Saeed Mohammed Al Tayer, MD and CEO of DEWA.

January 7, 2014

 In a message to members of the Organization of Petroleum Exporting Countries (OPEC), Zanganeh also said that unconventional oil production from shale reserves by non-OPEC countries will not be a threat to OPEC.
03:55 GMT

“We believe it is our right to try to increase our exports,” Zanganeh said.

January 6, 2014

During the event
10:50 GMT
(press release)

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA) has led a series of activities at DEWA’s headquarters to fulfil the ‘Thank You Khalifa’ campaign.

January 5, 2014

The crisis has seen output plunge to about 250,000 bpd from nearly 1.5 million bpd before.
17:24 GMT

Limited production has resumed in Libya’s Al Sharara oilfield, blockaded since October 28 by residents of the southern region of Ubari, a National Oil Company (NOC) official said on Sunday.

Average daily volume
10:36 GMT
(press release)

The Dubai Mercantile Exchange ended 2013 on a record high with its flagship DME Oman Crude Oil Futures contract posting year-on-year average daily volume trading growth of 36 per cent with 6,355 lots per day.

ENOC Retail opens ZOOM Market
05:26 GMT
(press release)

ENOC Retail, the retail business subsidiary of Emirates National Oil Company (ENOC), has opened its ZOOM Market stores in Dubai Shopping Centre in Deira and at Bab Al Bahr in Ras Al Khaimah.

December 31, 2013

Saudi Arabia’s oil exports hit 2.66 billion barrels in 2013.
18:48 GMT

According to the IEA data, oil production from non-OPEC countries, led by the US Canada and Brazil, will increase to 56.5 million barrels a day by 2014, he added.

Delegation in front of one of the Convenience Stores
08:29 GMT

A delegation from different oil companies in Indonesia, visited Emarat to observe the procedures and processes adopted by the Corporation in the fields of service stations management.

December 29, 2013

Abdulla Hassan Al Noman with the winning team
06:35 GMT

The Retail Sales Department at Emirates General Petroleum Corporation "Emarat" recently organized a cricket championship for the employees at its service stations.

December 26, 2013

Natural gas supplied by Aramco is expected to double next year. (Image credit: Shutterstock)
09:19 GMT

Higher prices and improved demand outlook are expected to increase the 2014 year-on-year earnings of top 10 Saudi Arabian petrochemical companies.

The agreement was signed by Syrian Oil Minister Suleiman Abbas, Syria’s General Petroleum Company and the Russian Soyuzneftegaz company.
03:55 GMT

The contract “is the first ever for oil and gas exploration in Syria’s waters,” head of the General Petroleum Company Ali Abbas told AFP.

December 25, 2013

Bahrain diesel prices will gradually increase over the next five years, with prices set to double by 2017 (File Archive)
05:00 GMT

Bahrain announced Tuesday that it will "gradually raise" its national diesel fuel selling price to "reduce [the country's] heavy subsidy burden."

December 24, 2013

“According to the South Sudanese petroleum ministry… oil production in the state of Unity has been shut down, resulting in a loss of production of some 45,000 barrels per day.
18:40 GMT

At least 45,000 South Sudanese civilians have sought protection at badly overstretched UN bases amid brutal fighting that has spread to half of the young nation’s 10 states, the United Nations said Tuesday