New York Times Feed

OIL AND GAS

Renewable energy development projects to achieve goals ahead of schedule'May 22, 2019

AMMAN — Renewable energy projects under construction and development are expected to conclude in 2021 with a combined power generating capacity of some 1,270 megawatts (MW), Minister of Energy and Mineral Resources Hala Zawati said on Tuesday.

Overall renewable energy contributions to the national power mix will increase to 20 per cent, Zawati said in a statement carried by the Jordan News Agency, Petra.

Notably,"...

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Programme in the making to reform energy, transport, finance sectorsMay 19, 2019

AMMAN — A financial and economic reform programme seeking to remedy structural issues within the energy, transport and finance sectors is expected to be announced soon, an official source said on Saturday.

The plan aims to mitigate the costs of these sectors on the economy, and citizens by proxy, in addition to stimulating economic growth, the Jordan News Agency, Petra, reported.

Governmental,"...

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Local Business UniHouse Develops Partnership with Iraq Ministry of OilMay 16, 2019

UniHouse, a British education and development consultancy company operating worldwide with offices based in Amman, has been working with major international oil companies in Iraq to encourage employee education and skills development in the oil & gas sector.

In continued support for the Iraqi capacity building of the Iraqi Ministry of Oil, a senior delegation from the ministry has visited UniHouse’s Amman office to discuss the execution"...

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Energy saving project tenders for vulnerable families being assessedMay 15, 2019

AMMAN — The Ministry of Energy and Mineral Resources’ tenders committee on Tuesday began assessing the technical specifications of 12 tenders, which seek to install solar panels for the homes of the first group of impoverished families and National Aid Fund (NAF) beneficiaries.

A total of 2,805 houses will be covered during the first phase of the project, according to a statement by the Ministry of Energy and Mineral Resources.

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Gasoline prices drop in 2nd week of MayMay 14, 2019

Amman, May 13 (Petra) -- Gasoline prices dropped during the second week of May, compared to the first week of the same month, according to data released on Monday by the Ministry of Energy and Mineral Resources.

According to the data, the price of 95-octane gasoline went down from $680 per ton to $650.6, a decrease of 4.3 percent, while the price of 90-octane gasoline went down by 4.5 percent, going from $661.3 to $631.5 per ton.

Diesel prices saw a light drop by 0.8 percent going from $626 per ton"...

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Initial digging results show potential for increased gas production at Risha FieldMay 8, 2019

AMMAN — Initial digging results at Well 48 in the Risha Field, eastern Jordan, show potential for increased production, the National Petroleum Company (NPC) announced on Tuesday.

Final results will be announced in May after a conclusive comprehensive assessment of the well is completed, according to an NPC statement.

The company said that it had finished digging"...

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Oil shale power station to generate 15% of Jordan’s electricity needs by next MayMay 8, 2019

AMMAN — An oil shale power station affiliated with the Attarat Power Company (APCO) is expected to be connected to the national electricity grid by May of next year at a capacity of 470MW, covering 15 per cent of Jordan’s electricity needs.

According to APCO experts, producing the aforementioned amount of electricity will require the combustion of 10 million tonnes of oil shale annually, the Jordan News Agency, Petra reported.

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ExxonMobil Provides $100,000 to Support Relief Efforts in Mozambique Following Cyclone KennethMay 7, 2019

(AETOS Wire)-- ExxonMobil said today that it is providing $100,000 to support disaster relief and recovery efforts in Mozambique following Cyclone Kenneth, which made landfall on April 25. The $100,000 contribution will go to the American Red Cross, which will coordinate its assistance with the Mozambique government’s National Disasters Management Institute in support of ongoing rescue efforts and for food, shelter and comfort for the storm’s victims. “We are deeply saddened by the impact of Cyclone Kenneth on Mozambique and surrounding countries,” said Liam Mallon, president of ExxonMobil Upstream Oil & Gas Company. “The devastation from cyclones Idai and now Kenneth have been widespread, and this funding will help provide relief during a very difficult time. Our thoughts are with everyone affected.” ExxonMobil employees and contractors have been reported safe following the cyclone. Since Cyclone Idai, ExxonMobil has contributed more than $400,000 in support of recovery efforts in Mozambique. In Mozambique, ExxonMobil holds......

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Tender for transporting Iraqi oil awarded, process to begin within two weeksMay 2, 2019

AMMAN — The Energy Ministry on Wednesday awarded the tender for transporting Iraqi crude oil to Zarqa to Burj Al Hayat Transport and Trading Co., provided the process begins in the coming two weeks.

Under the tender, the company would transport 500,000 tonnes of Iraqi crude from Baiji in Iraq to the Jordan Petroleum Refinery Company (JPRC) in Zarqa Governorate, a statement from the Ministry of Energy and Mineral Resources said on Wednesday.

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Jordan, Germany explore prospects of joint energy academy to serve as regional hubMay 1, 2019

AMMAN — Minister of Energy and Mineral Resources Hala Zawati on Tuesday called for creating a new Jordanian-German energy academy to serve as a regional technical support hub.

The minister held a meeting with a German delegation headed by President of the Arab-German Chamber of Commerce and Industry Peter Ramsauer, former federal minister of transport, on boosting cooperation in the fields of technical development and support.

Zawati"...

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