Oil & Energy

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Fuel prices in Jordan are “expensive” and do not match the average income of the majority of people, Majali said.
October 21, 2014 - 22:47 GMT
The drop in international oil prices is good news for Jordanians, if it is reflected “fairly” on domestic fuel prices.

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

The Egyptian government owes Dana Gas $330 million (File Archive)
13:14 GMT

Dana Gas received $53 million from the Egyptian Government Tuesday as part of its outstanding receivable from Cairo worth $330 million.

December 23, 2013

Honorees in a group picture with Dr. Rahma bin Mohamed Al Shamsi in presence of Abdullah Hassan Al Noman
07:52 GMT

Emirates General Petroleum Corporation "Emarat" recently organized a ceremony for Emarat's stations supervisors in appreciation of their substantial efforts in supervising the service stations of the Corporation.

December 22, 2013

The offer is likely to attract solid demand, considering the strong performance of the Qatar market.
17:58 GMT

Mesaieed Petrochemical Holding Co, a unit of state-owned energy giant Qatar Petroleum, will launch a 3.2 billion-riyal ($880 million) initial public offering of its shares in the local market next month.

During the event
05:27 GMT
(press release)

Staff members of the Emirates National Oil Company were actively involved in cleaning up the environment as part of the company’s Corporate Social Responsibility (CSR) commitment.

December 19, 2013

ENOC's Feeding the Hungry Campaign
10:31 GMT
(press release)

Emirates National Oil Company (ENOC) has unveiled its most ambitious Corporate Social Responsibility (CSR) campaign to date with the launch of the ‘Human Fuel’ initiative.

Abdulrahman Qassim Al Ali receives a shield of appreciation from Colonel Yasser Obaid Al Theeb in the presence of Lieutenant Rashed Ibraheem Bal Rabeea and Saood Ahmed Al Mehairi
06:35 GMT

Emirates General Petroleum Corporation “Emarat” was honored by the General Headquarters of Ras Al Khaimah Police.

Rising Saudi energy demand is a bigger threat to Saudi Arabia than surging US shale output, Jadwa Investment bank says in a study published on Wednesday.
03:55 GMT

Jadwa said: “In all thus, we doubt that tight oil production will significantly impact the world’s oil industry over the long term. In particular, we do not see it affecting Saudi Arabia’s situation.”

December 18, 2013

During the graduation
03:55 GMT
(press release)

Oman Oil Company (OOC) joined Oman Society of Petroleum Services (OPAL) in congratulating 47 graduates who successfully completed the ‘Training for Employment’ programme’.

December 17, 2013

OSN Fight Network HD
08:44 GMT
(press release)

OSN, the region’s leading pay-TV network, has partnered with Fight Network to launch OSN Fight Network HD, the region’s first dedicated combat sports channel.

Palestinian border official Raed Fattouh said Sunday's fuel shipment was paid for by Qatar.
03:55 GMT

A lack of fuel has hampered the rescue efforts in Gaza, where flooding from heavy rains has forced about 40,000 residents from their homes.