Oil & Energy

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“There is one major resource base in the world which could meet the growth in the global oil demand, which is the Middle East,” he said.
July 27, 2014 - 18:24 GMT
While euphoria over the ongoing shale revolution and the energy independence of the Americas continue, yet, there are people - cautioning and asserting - the phenomenon is short-lived and the world would continue to be dependent on the Middle East.

March 22, 2012

Gas stations threatened to stop ordering oil derivatives from the JPRC accusing Jordan’s sole fuel supplier of failing to solve some outstanding issues
13:00 GMT

According to the Jordan News Agency, Petra, gasoline orders on Wednesday rose by over 35 per cent to 11,200 tonnes from the usual 8,000 tonnes per day.

Amman and Baghdad are discussing an energy agreement that would provide Jordan with natural gas to meet the electricity needs
07:55 GMT

Jordanian and Iraqi energy officials have entered advanced talks over a natural gas deal that would provide the Kingdom with an alternative energy source within five years.

Mr. Abdulla Hassan Al Noman, Manager, Retail Sales Operations at Emarat
07:24 GMT

"Emarat" launched a new promotional campaign aiming to enhance winning opportunities for the shoppers at the convenience stors locates at Emarat's service stations in Dubai and the Northern Emirates.

March 21, 2012

08:53 GMT
(press release)

More than 80 OCTAL employees united with hundreds of Dhofaricitizens and residents at a walkathon in Salalah, organized by the National Association for Cancer Awareness.

March 20, 2012

In theory, the boats should generate around 400 to 500 MW of electricity during the summer season
08:55 GMT

The ministerial committee designated to discuss the leasing of power-generating boats failed again to reach an agreement on the companies that should win the bids.

Dr. Rahma bin Mohamed Al Shamsi, Retail Sales Manager at Emarat
07:09 GMT

The collaboration between Emarat and Emirates Environmental Working Group resulted in collecting and recycling around 22 tons of paper wastes from Emarat's service stations in Dubai and the Northern Emirates.

March 19, 2012

The pipeline would extend from oilfields to the capital Juba where the crude would be transferred to trucks and taken on to Kenya and Djibouti
13:37 GMT

South Sudan, locked in a row over oil transit fees with neighbour Sudan, said it plans to build a temporary underwater oil pipeline along the Nile to deliver crude for export.

Iran has threatened to close the Strait of Hormuz if Western moves to ban Iranian crude exports crippled its energy sector
06:53 GMT

Iraq has approved a plan to expand its oil export routes by adding capacity from its northern fields and building a pipeline to ship oil from southern fields to Ceyhan in Turkey.

March 18, 2012

12:02 GMT
(press release)

Oman Oil Marketing Company has teamed up with the Ministry of Education to sponsor a youth football competition, the omanoil Football Tournament for Muscat Schools.

Gas stations owners have been complaining for several months that the quantities of oil derivatives arrive to stations are less than the ordered and paid for quantities
07:24 GMT

Gas stations will stop ordering oil derivatives from Jordan Petroleum Refinery Company (JPRC) as of Thursday amid disputes with Jordan’s sole fuel supplier.

March 15, 2012

 Mohammad Al-Benali, head of EQUATE Corporate Social Responsibility (CSR) Team
10:58 GMT
(press release)

EQUATE Petrochemical Company and Kuwait Association for the Care of Children in Hospitals (KACCH) launched the Painting Smiles exhibition at 360 Mall during March 14-17, 2012.

Gaza is experiencing a major electricity crisis because of a shortage of fuel for its sole power plant
07:42 GMT

The Palestinian energy authority in Gaza said on Wednesday it had paid Egypt $2 million towards fuel for its crippled power station, but had yet to receive anything in return.

March 14, 2012

Oil-importing companies and owners of oil trucks will also join the strike to press the government to increase the surcharge because the current prices of gasoline are eroding their profits
07:59 GMT

Oil strike will demand to hike the surcharge for the transfer of gasoline and oil-related material to compensate for the increase in fuel prices over the past few weeks.

The extra money collected under the raised tariffs will be deducted from the electricity bills of the coming months, according to the government decision
07:33 GMT

The Council of Ministers issued a decision to suspend new electricity tariffs announced in late January that would have raised rates by an average of 9 per cent through May 1.

March 13, 2012

Joe Anis, president and CEO, GE Energy in the Middle East
09:18 GMT
(press release)

GE is highlighting its innovative portfolio of energy and water technology and service solutions for government and private sector customers at the 2012 WETEX conference.