Oil & Energy

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Jordan is the third largest recipient of remittances in the Middle East and North Africa (MENA) from Gulf states, according to World Bank report.
As a net oil importer, Jordan’s widening trade deficit in the first nine months of 2014 was anticipated to decelerate in the last quarter of the year on account of lower oil prices.

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.

MD & CEO OF DEWA honouring 31 employees
04:25 GMT
(press release)

Dubai Electricity and Water Authority (DEWA) honoured 25 technical employees in the Special Act category, and six employees within Customer Service category.

Report suggest that Iran is planning on building a new gas plant at the cost of $1.6 billion
04:00 GMT

Iran will construct its first natural gas refinery which is costed at 1.6 billion U.S. dollars, Tehran Times daily reported Wednesday.

January 9, 2013

Strike action by electrical workers in Lebanon  could further exacerbate weather related power cuts
12:42 GMT

A strike in Lebanon by Electricite du Liban’s workers has further exacerbated the electricity crisis in the country as repairs on aging power plants came to a halt Tuesday.

Bahrain's state-backed oil company reached a new milestone in oil production
12:20 GMT

Bahrain Petroleum (Bapco) refinery's crude run last year exceeded its annual business plan by 1.83 million barrels a year, having achieved a 262,400 barrels per day production record.

Iraq oil production dipped in December
11:38 GMT

Iraqi oil exports fell from a post-1990 record in November to around 2.3 million barrels per day for December, government records indicate.

Lebanon's gas prices are continuing to rise
08:44 GMT

Gasoline prices in Lebanon continued to creep up, the sixth week of consecutive growth, weekly figures show.