OIL AND GAS

Jordanian protesters urge government to scrap gas deals with Israel March 26, 2017

Hundreds of Jordanians have staged a protest rally to voice their outrage at Amman’s gas agreements with the Israeli regime, calling on the government to scrap the ‘deals of shame.’

The protesters took to the streets of the capital, Amman, on Friday, carrying national flags and holding signs to decry Israel-Jordan gas deals, the latest of which was inked in September last year.

During"...

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Chemtura Increases Prices for Petroleum Additives ProductsMarch 25, 2017

Chemtura Corporation (NYSE: CHMT) (EURONEXT: CHMT) has announced today that effective April 1, 2017 or as contracts allow, as a result of the continued escalation of costs it will increase prices globally for the following Petroleum Additives products. This is necessary to sustain Chemtura’s ability to provide high quality products, service levels and innovative offerings. Chemtura representatives will be in contact with customers to provide more specific information.


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MPs refer gas deal with Israel to House’s energy committeeMarch 15, 2017

Lawmakers on Tuesday voted to refer a controversial gas deal with Israel to the House’s Energy and Mineral Resources Committee, pronouncing that the issue was “not fit for discussion under the Dome yet”, pending feedback from the panel.

Lower House Speaker Atef Tarawneh stated that the government would provide the Lower House energy committee with a copy of the deal in the next “24 hours”.

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House returns natural resources bill to its energy committee March 8, 2017

The Lower House on Tuesday voted to send the draft natural resources law back to its energy committee for further examination.

MP Ali Khalaileh (Zarqa, 2nd District), head of the energy committee, explained that “the law amendments recommended by the committee have been studied thoroughly”.

A number of MPs criticised the bill,"...

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House asks PM to send legislature Noble Energy gas deal March 8, 2017

Speaker of the Lower House, Atif Tarawneh, Tuesday sent a letter to Prime Minister, Hani al-Milki, asking him to provide the legislature with the gas agreement signed between the government-owned National Electric Power Company and the Noble Energy Company.

Tarawneh said In a statement Tuesday that the House had not received any requests to hold a debate over the gas deal, and that it was not on the agenda of the legislature today.

He said he had requested that the agreement be sent to the House in a memo he had sent to the premier.

On Sunday, 17 deputies asked al-Mulki to...

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With Natural Gas Shipments to Jordan, Israel Becomes Energy ExporterMarch 4, 2017

Israel has been exporting gas to Jordan since January, it was announced on Thursday.

Yossi Abu, CEO of Israeli company Delek Drilling, said that “since early this year we started to export, it’s not huge quantities, but it’s still an export to Jordan.” Delek and American company Noble Energy hold controlling stakes in Israel’s Leviathan and the smaller Tamar gas fields and have been largely responsible for their development"...

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Fuel prices to remain unchanged in March February 28, 2017

The government's oil pricing committee Tuesday kept the prices of fuel derivatives unchanged for the month of March despite a slight rise in the global market, it said in a statement.

The Ministry of Industry and Trade committee, which sets prices on monthly basis according to oil price fluctuations in the global market, said it fixed prices despite a 1 per cent rise in the international markets in February. It said benchmark Brent crude...

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3m tonnes of crude oil imported in 2016 — report February 25, 2017

The Jordan Petroleum Refinery Company (JPRC) imported 2,978,000 tonnes of crude oil and refined 60,000 barrels daily in 2016, according to the government's fuel pricing committee.

The imports met 50 per cent of the Kingdom's diesel needs, 42 per cent of gasoline needs and 100 per cent of jet fuel and kerosene needs, while the rest was imported by the three main fuel companies — Total Jordan, Manaseer Oil & Gas and the JPRC's"...

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