Oil & Energy

Featured Story:

For now, however, the US-led surge in supply and weak demand have seen traders start to store additional barrels as they wait for prices to recover.
September 14, 2014 - 04:55 GMT
The drop in oil prices to their lowest in two years has caught many observers off guard, coming against a backdrop of the worst violence in Iraq this decade, heightened tensions between the West and Russia, and sanctions against Iran.

March 27, 2012

The cost of crude oil rose to JD252.5 million during January 2012 from JD140 million during the same month last year
10:41 GMT

Jordan's energy bill rose by 97 per cent in January this year, reaching JD510 million.

Abu Dhabi Marine Operating Company
07:22 GMT

The Abu Dhabi Marine Operating Company is marking its 6th consecutive participation in SPE Middle East Health, Safety, Security, and Environment Conference and Exhibition as a Titanium Sponsor.

March 25, 2012

Gaza received only 320 tons of cooking gas via the Israeli crossing of Karem Shalom which is less than 25 per cent of Gaza’s weekly needs
14:42 GMT

Gazans, who are recovering from a severe power crisis after Israel allowed fuel in to enable the sole power plant to function, are now facing another crisis — shortage of cooking gas.

Oman Oil Annual General Meeting
13:03 GMT
(press release)

Oman Oil Marketing Company (omanoil) announced a breakthrough financial performance year for 2011 during its Annual General Meeting (AGM), held at the Crowne Plaza Hotel Muscat.

EMGAS Ajman Plant Visit
08:44 GMT
(press release)

Emirates Gas, EMGAS, a subsidiary of Emirates National Oil Company, ENOC, hosted 15 students from Al Shoola School for Girls, Sharjah on a plant visit in Ajman.

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.