Oil & Energy

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Also with the new King continuing to back the veteran Oil Minister Ali Al-Naimi, any possibility of Naimi finally hanging his boots also disappeared
January 25, 2015 - 13:12 GMT
The passing of King Abdullah in the early hours of Friday led to speculation that a leadership transition could result in a change to the country’s oil policy and strategy.

January 20, 2013

Libyan  officials have beefed up security at their oil and gas plants following the deadly hostage situation in neighbouring Algeria
08:16 GMT

Libyan officials have said that Libyan oil and gas installations are extremely secure and played down any threats of similar attacks such as that happened in Algeria during the last four days.

January 16, 2013

Gas prices in Lebanon have risen for the seventh week in a row, the weekly price update shows.
12:32 GMT

The price of fuel in Lebanon has risen for the seventh week in a row, the weekly price update shows.

A strike by gas station owners and delivery workers has been averted after  deal was struck to increase royalties
06:55 GMT

A potential strike by gas delivery workers in Jordan has been averted after a deal was struck to increase the amount of royalties deals collect.

January 15, 2013

During the event
07:37 GMT
(press release)

Emirates National Oil Company (ENOC) hosted 30 students from the University of San Francisco as part of a knowledge sharing initiative.

During the delegation's visit Emoil Petroleum Storage FZCO
05:58 GMT

A delegation from the Saudi Aramco Trading visited ‘Emirates General Petroleum Corporation’ "Emarat" at their Headquarters in Dubai, to examine the services and products provided by the Corporation.

January 14, 2013

Oil tankers are stuck at the Iraqi-Jordan border, which has recently seen protest against Iraq's Prime Minister
12:00 GMT

Three hundred oil tankers are stuck at the border between Jordan and Iraq awaiting Baghdad's permission to enter the Kingdom. The border has been closed after a recent spate of protests aimed at Iraq's Prime Minister.

January 13, 2013

During the ceremony
12:24 GMT
(press release)

Dubai Electricity and Water Authority organised the Annual Partners’ Appreciation Ceremony, attended by HE Saeed Mohammed Al Tayer, MD & CEO of DEWA, directors of Government Departments and DEWA’s strategic partners.

Iraqi oil exports from the souther Basra terminal was fully restored to 2.35 million barrels per day yesterday
10:17 GMT

Oil exports from Iraq's southern Basra terminals were restored to 2.35 million barrels yesterday after bad weather reduced exports by almost half on Friday, according to a shipping industry source.

DEWA Thank You initiative
05:33 GMT

In response to the ‘Thank You’ initiative, the Dubai Electricity and Water Authority (DEWA) distributed food provisions to its support workers in appreciation of their efforts and dedicated work.

OCTAL trade show
05:17 GMT
(press release)

OCTAL, a global leader in the packaging industry, is showcasing Oman’s manufacturing prowess through targeted participation at renowned tradeshows across all five continents of the world.

January 10, 2013

Qatar could build a gas plant in Turkey, to help Ankara meets growing domestic energy demands
13:26 GMT

Qatar is considering helping to build a liquefied natural gas (LNG) terminal in Turkey, said Energy Minister Mohammed Al Sada.

Turkey and Libya could increase energy ties, despite problems with Libyan output
11:51 GMT

Turkey wants a stronger energy relationship with the Libyan government, the visiting Turkish energy minister said during talks in Tripoli.

A strike by electrical workers in Lebanon coupled with poor weather is causing more blackouts than usual
09:23 GMT

Lebanon is sinking into darkness, warned Electricite Du Liban Wednesday, reporting scores of additional failures across the country as ongoing strikes delayed repairs.

ENOC site visit by Srilankan Ministry of Environment
09:19 GMT
(press release)

The Project Stream at the International Water Summit offers a major opportunity for project developers, investors and solution providers to connect and accelerate the building of sustainable water solutions.

Jordan's next government will tackle the difficult issue of raising the cost of electricity
08:48 GMT

The caretaker Cabinet in Jordan has decided to leave any changes in electricity rates to the next government, energy officials said, warning that a combination of price hikes and power cuts are likely in order to avert a deeper energy crisis.