Oil & Energy

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If realised, this would not only revive output at Idku but also mean that Israel's first LNG exports would take place from an Egyptian plant.
April 16, 2014 - 23:02 GMT
"Ultimately Egypt and Turkey need energy, and the fact that we have it is creating a regional convergence of interests," an Israeli diplomatic source told Reuters.

April 7, 2013

Dubai Electricity and Water Authority
05:54 GMT
(press release)

The Dubai Electricity and Water Authority (DEWA) today announced its strategic sponsorship for this year’s second session of the Dubai Global Energy Forum (DGEF 2013).

April 4, 2013

Rosneft and ExxonMobil agreed to bid jointly in a tender for  Lebanon's offshore oil and gas
12:59 GMT

Rosneft, Russia's state-backed energy company, and the US-based ExxonMobil are to jointly bid for contracts on Lebanese offshore oil and gas.

Libyan oil authorities are investigating the cause of blast that occurred on Tuesday night. (FIle Photo)
11:47 GMT

Libyan oil authorities, in coordination with foreign oil companies, are investigating the cause of blast that occurred on Tuesday night.

Industry sources say fuel smuggling from Syria is harming Lebanon's industry
08:53 GMT

Up to a million liters of smuggled low-quality gasoline has been pouring into Lebanon from Syria on a daily basis since mid-March, industry sources claim.

April 3, 2013

Hundreds protested in Cairo over the increase in the cost of cooking gas
09:08 GMT

Hundreds of cooking gas cylinders distributors protested in Cairo on Tuesday following a decision to increase the price by 60 per cent, the first price rise in twenty years.

During the honoring ceremony
08:47 GMT

Mr. Abdulraoof Abdul Aziz, Manager, Dealer Sales Operations at Emirates General Petroleum Corporation, praised the corporation’s employees at various stations in Dubai and the Northern Emirates.

April 2, 2013

Qatar is one of the few countries in the Gulf where power generation has grown considerably in the last decade, according to a new report.
13:13 GMT

Qatar is one of the few Gulf countries that has increased its energy output.

Yemen has announced five new oil fields for international investment
08:37 GMT

Yemen's Ministry of Oil and Minerals announced five new onshore and offshore oil sectors for investment to international companies.

The Free Syrian Army controls more than 70 per cent of oil in the north of the country, according to reports
07:38 GMT

The opposition controls more than 70 percent of the oil wells in Northeastern Syria, according to members of the Free Syrian Army.

April 1, 2013

Egypt is to dramatically increase the cost of cooking gas cylinders ahead of a vist by the IMF (Abid Katib / Getty Images)
14:46 GMT

Egypt is to increase the price of cooking gas cylinders by 60 per cent.

Jordan's government on Sunday decided to lower fuel prices as of Monday.
08:17 GMT

Jordan's government on Sunday decided to lower fuel prices as of Monday.

March 31, 2013

Fuel prices in Jordan are set to drop on Monday
11:12 GMT

Fuel prices in Jordan are set to drop slightly on Monday following a decrease in the price of oil on the international markets.

Workers from Libyan  oil company Tatneft are returning to Libya to resume work interrupted by the revolution
10:33 GMT

Workers from Libyan oil company Tatneft are returning to Libya to resume the work that was interrupted by the 2011 February 17 Revolution.

Mr.Hussain Kazim, Manager, Corporate Communications at Emarat
08:52 GMT

Emirates General Petroleum Corporation will be participating in sponsoring the Sixth International Science Fair held by Dubai Police academy.

Oman Oil Marketing Company AGM 2013
05:52 GMT
(press release)

Oman Oil Marketing Company recorded its best-ever financial performance fiscal year with sales reaching approximately RO 278.5 million.