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KSA: Fuel price to soar up by November

Saudi authorities will by November scale up petrol and jet fuel prices, two years after removing government subsidies on price of fuel for cars and other vehicles. The decision will mean increase by 80 per cent of octane 91, from $0.16 to $0.30, reports say. A final decision on the fuel price increase is expected […]

September 18th, 2017 | Posted in Energy,Headlines | Read More »

Iran-Nuclear Deal: Tehran doubles down threats to resume uranium enrichment by 20 per cent

Iran, through the voice of its atomic chief, indicated Tuesday that it could increase in five days its uranium enrichment to 20 per cent; enough level to lead to creation of nuclear weapon if the US continues imposing sanctions on Tehran. “If there is a plan for a reaction and a challenge, we will definitely […]

August 23rd, 2017 | Posted in Energy,Headlines | Read More »

Teheran lodges complaints with Nuclear Pact watchdog over Washington’s violation

Tehran has called upon the nuclear pact implementation watchdog to address the violation of the historic 2015 nuclear deal by the US after Washington imposed fresh sanctions on Iran despite compliance with terms of the agreement, Speaker of the Iranian parliament said. The US Treasury and the Senate late last month pressed new economic sanctions […]

August 2nd, 2017 | Posted in Energy,Headlines | Read More »

Qatar announces LNG output increase, says siege ineffective

Saad al-Kaabi, Head of Qatar Petroleum (QP), stated on Monday that the country “will remain the leader of LNG for a very long time” as he unveiled plans to increase the output of Liquefied Natural Gas by 30%, from 77 million tons to 100 million tons per annum. The plan dubbed as a “new project” […]

July 4th, 2017 | Posted in Energy,Headlines | Read More »

Palestine: Egypt sends 1 million liters of diesel fuel to ease power crisis in Gaza

Egypt Wednesday sent a first convoy of trucks loaded with 1 million liters of diesel fuel to power the Gaza electricity plant, out of operations for several months due to shortage of fuel, especially after Israel reduced power supply to Gaza, at the request of Palestinian President Mahmoud Abbas, a staunch foe of Gaza ruler, […]

June 22nd, 2017 | Posted in Energy,Headlines | Read More »

KSA: Billions-worth Aramco to open tourism training center

Saudi Arabia’s national oil company Aramco, weighing billions of dollars, will open a tourism training centre to meet the kingdom’s plans to diversify its oil-based economy. The future centre will receive 5,000 Saudi males and females who will undergo a four-year training, Reuters reports citing the oil giant. The company agreed with a state-controlled vocational […]

May 18th, 2017 | Posted in Energy,Gulf News,Headlines | Read More »

Atlantic Gas Pipeline Project Heads towards Materialization

The Morocco-Nigeria landmark project to lay an Atlantic gas pipeline that will carry Nigerian gas through six West African countries up to Morocco and eventually to Europe is heading towards materialization with the signing Monday of new agreements related to the project. The agreements were signed in Rabat under the chairmanship of King Mohammed VI […]

May 16th, 2017 | Posted in Energy,Headlines,World News | Read More »

Morocco’s King Renews Commitment to Promote Energy Efficiency

King Mohammed VI has renewed his pledge to continue his endeavors to promote energy efficiency and renewable energy, to adapt his country to future changes and to make it meet its growing energy needs in a sustainable manner. This came in the acceptance message the monarch addressed to the Energy Efficiency Global Forum, which granted […]

May 9th, 2017 | Posted in Energy,Headlines,World News | Read More »

KSA: ARAMCO controls 100% of US biggest refinery

Saudi Arabian oil giant Aramco has acquired 100% of the stakes of United States biggest oil refinery after the Shell pulled out of Port Arthur refinery in Texas. The completion of the deal, that was first announced last year, gives Aramco a stronger foothold in the US and offers Saudi Arabia an opportunity to continue […]

May 2nd, 2017 | Posted in Energy,Headlines | Read More »

Oman committed to reverse Climate change

A team of 40 scientists are engaged in the Oman Drilling project with hope of reversing the dilemma of the climate change that the world is concerned about as it is said to be on the increase. The $3.5 million project in the Wadi Mansah valley led by Peter Kelemen, a geochemist, is geared towards […]

April 14th, 2017 | Posted in Energy,Headlines | Read More »

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