Oil & Energy
May 1, 2012
The General Labor Confederation is setting the stage for the general strike set for May 3 to press the government to subsidize the price of gasoline.
Emirates General Petroleum Corporation "Emarat" has launched a unique promotional campaign that offers its customers Etisalat Wasel Sim Card and up to 160-minute free talk time.
April 30, 2012
Dubai has spent billions to ensure that its motorists can fill their tanks cheaply, official documents show.
The recent change of Jordanian government will delay a previously planned rise in electricity rates with the incoming premier expected to review the new tariff.
April 29, 2012
Egyptian gas supplies are set to resume next month stressing that Cairo’s recent decision to annul its gas agreement with Israel will not affect the Kingdom’s main energy source.
A delegation from the Kuwait Aviation Fuelling Company visited Emirates General Petroleum Corporation Emarat.
April 26, 2012
Dubai Civil Aviation Authority honored Emirates General Petroleum Corporation "Emarat", for its continuous support of several of DCAA's programs, activities and events.
RAK Petroleum Public Company, the energy investment company, announced net profits of AED 15.7 million for the year ended 31 December 2011, making a third consecutive year of profitability.
April 25, 2012
Iran’s oil shipping operator NITC is expanding its oil tanker fleet with the first of 12 supertankers to be delivered from China in May.
A dispute between the Jordanian Electric Power Company (JEPCO) and its employees was resolved ending a 17-day strike by the workers.
April 24, 2012
Crude oil came under heavy selling pressure hitting the lowest level in 2 weeks as ongoing concerns over the sovereign debt crisis in the euro zone.
OCTAL Petrochemicals employees planted 50 native Frankincense trees at the company’s 47-hectare PET Complex in the Salalah Free Zone in honor of World Earth Day 2012.
Iran has disconnected its main crude export terminal as well as its oil ministry from the Internet to avoid being attacked or manipulated by malware.
The Jordanian government will raise electricity tariffs to counter an expected loss of more than JD1.5 billion in the energy sector resulting from the halt in Egyptian gas supplies.
April 23, 2012
Most Israeli officials downplayed Egypt's decision to terminate a natural gas supply to Israel, calling it a business dispute, not a politically motivated one.