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OIL AND GAS

Pioneering project' introduces measures to halve electricity bills of public buildingsMarch 10, 2020

AMMAN — The Ministry of Public Works and Housing on Monday launched the roll-out phase of the Energy Efficiency in Public Buildings (EEPB) project, which aims at reducing the energy bills of the Kingdom’s public buildings, which cause budget constraints.

Jordan has worked to establish comprehensive programmes and strategies to protect the environment and create sustainable economic development, Public Works Minister Falah Omosh said"...

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Energy Hakathon closes with practical solutions to development challenges March 9, 2020

Amman, Mar. 8 (Petra)- Jordan’s biggest energy hackathon wrapped up this week with the participation of 50 teams all working for 11 days to find solutions to Jordan’s biggest energy woes.

The hackathon witnessed innovative ideas by young teams hacking three challenges: Helping households reduce their electricity consumption, applying innovative approaches to monitor and control electricity consumption and figuring out a way to ensure equitable access to electricity, especially within refugee camps"...

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Energy minister checks on rehabilitation of Al Azraq oil fieldMarch 7, 2020

AMMAN — Minister of Energy Hala Zawati on Thursday checked on the progress of rehabilitation work at Hamzah Oil Field in Al Azraq. Production at the oil field, which began in 1984, went down from 400 barrels per day to only 20 barrels, according to a ministry statement.

The minister said that rehabilitation work includes three phases that aim to raise production to 500 barrels per day, noting that only the first stage, which covered upgrading"...

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Project to combine saltwater, solar energy to vegetate arid Aqaba lands March 3, 2020

AMMAN — On Monday, an agreement was signed in Amman between the Sahara Forest project and the Aqaba Development Corporation, the development branch of the Aqaba Special Economic Zone Authority (ASEZA), in the presence of ASEZA Chief Commissioner Naif Bakhit and Norwegian Foreign Minister Ine Eriksen.

The agreement includes transferring Red Sea water to the Sahara Forest Project in Aqaba, with the aim of expanding the production of vegetables"...

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Energy ministry clarifies pricing mechanism for oil derivativesMarch 3, 2020

Amman, March.2 (Petra) -- The Energy Ministry's Fuel Pricing Committee said the pricing of oil derivatives is based on the global price of the derivative itself and not on the price of a barrel of crude oil (Brent).

The committee clarifies the pricing mechanism for unleaded 90-octane gasoline in March 2019, and March 2020, for which a price comparison has been circulated.

Upon arriving in Aqaba, the price includes the global price of gasoline, plus all costs related to import, including maritime"...

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Gov't reduces fuel prices for MarchMarch 2, 2020

(Petra) –– The Ministry of Energy and Mineral Resources' committee that prices oil derivatives on monthly basis Saturday reduced the price of 90-octane gasoline by JD0.30, 95-octane gasoline JD0.35, diesel JD0.50 and kerosene JD0.40.

But it left the price of a cooking gas cylinder unchanged at JD7.

The panel said that in its meeting to fix fuel prices locally for the period between March 1st and 31st, it reviewed global crude and oil derivatives' prices that showed a drop in the"...

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Kingdom received 10,000 barrels of Iraqi crude oil daily in February — Energy minister-March 2, 2020

AMMAN — Minister of Energy Hala Zawati on Sunday announced that the total volume of Iraqi crude oil received by the Jordan Petroleum Refinery Company during February reached 290,000 barrels at a rate of 10,000 barrels per day.

Zawati said in a statement carried by the Jordan News Agency, Petra, said that the Iraqi crude oil was transported in 1,127 tanks to the refinery in Zarqa in February.

The"...

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Zawati reviews renewable energy projects by youthMarch 1, 2020

AMMAN — Minister of Energy Hala Zawati on Saturday took a first-hand look at a number of entrepreneurial employment generation projects in the fields of renewable energy technology and smart applications.

During her visit to the technology hub iPARK, Zawati listened to a briefing about an automatic cleaning system for solar panel surfaces developed by the start-up DARB, according to a ministry statement.

Saqer"...

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Fuel derivative prices reduced, maintained for MarchMarch 1, 2020

AMMAN — The government’s fuel pricing committee on Saturday decided to lower the prices of a number of fuel derivatives for March while maintaining the prices of other derivatives.

The price of one litre of unleaded 90-octane gasoline has gone down by JD0.03 from JD0.775 per litre in February to JD0.745 in March, according to a statement by the fuel pricing committee.

The"...

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Prices of oil derivatives rise in third week of FebruaryFebruary 25, 2020

Amman, Feb. 24 (Petra) -- Oil prices rose during the third week of February compared to their prices in the second week of the same month, the Ministry of Energy and Mineral Resources said on Monday.

According to the Ministry, the price of 95-octane gasoline rose from $559.2 per ton to $568.8 by 1.7 per cent, while the price of 90-octane gasoline climbed by 1.4 percent from $540.3 per ton to $547.9.

Diesel prices also rose by 1.5 per cent from $496.4 per ton to $504,1, and kerosene by 1 percent from"...

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