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OIL AND GAS

Gasoline prices drop in 1st week of SeptemberSeptember 10, 2019

Amman, Sep. 9 (Petra) -- Prices of international oil derivatives during the first week of September showed a drop in gasoline prices, while the prices of the diesel and kerosene were stable compared to August, according to data released Monday by the Ministry of Energy and Mineral Resources.

The data showed that the prices of unleaded 95-octane gasoline went down from $598.3 per ton to $579.9, a decrease of 3.1 percent, while the prices of unleaded 90-octane gasoline dropped by 3.1 percent, from $565.4 to $548"...

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Energy minister attends opening of World Energy Congress in Abu DhabiSeptember 10, 2019

Abu Dhabi, Sept. 9 (Petra) -- Deputizing for His Majesty King Abdullah II, Minister of Energy and Mineral Resources, Hala Zawati, attended the opening of the 24th World Energy Congress, which kicked off in Abu Dhabi with the participation of a galaxy of Arab and foreign experts and specialists.

The conference, which will runs until September 12, aims to develop a roadmap for the future of global energy, through more than 80 panel discussions focusing on traditional energy and renewables.

In a statement"...

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Jordan receives first shipment of Iraqi crude oilSeptember 5, 2019

Amman, Sept. 4 (Petra) -- The first shipment of Iraqi crude oil arrived on Wednesday at the Jordan’s Petroleum Refinery Company in Zarqa as part of a deal, signed between the two countries earlier this year, under which Jordan would receive 10,000 barrels of Iraqi crude oil daily with a discount to cover the difference of transport costs and deviations in standards.

Minister of Energy and Mineral Resources Hala Zawati told reporters after the arrival of the first tanker-truck loaded crude oil shipment that"...

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Iraq begins exporting 10,000 bpd of Kirkuk oil to Jordan September 2, 2019

ERBIL, Kurdistan Region – Jordanian oil refineries are to receive their first delivery of oil from Kirkuk after a fleet of trucks set off from the disputed province on Sunday morning, according to Iraq’s oil ministry.

Assim Jihad, spokesperson for Iraq’s oil ministry, confirmed to Rudaw English on Sunday that Baghdad had begun exporting Kirkuk oil to Jordan.

“The Iraqi oil ministry officially started to send oil trucks carrying the oil of Kirkuk to be offloaded in Jordanian"...

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International, Arab renewable energy forums kick off in AmmanAugust 28, 2019

Amman, Aug. 27 (Petra) -- The 6th International Renewable Energy Forum and the 5th Arab Renewable Energy Forum kicked off on Tuesday to discuss developments in the sector, which is expected to garner investments at $500 billion by 2040.

'Since 2014, Jordan has developed a legislative environment in areas of renewable energy projects (solar and wind) to add clean power to the electricity grid with a total capacity of 1200 megawatts, and contribute to generating about 12 percent of the electricity in the Kingdom"...

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Clean energy to cover 20% of power needs by 2022 — Zawati August 28, 2019

AMMAN — Deputising for Prime Minister Omar Razzaz, Energy Minister Hala Zawati on Tuesday inaugurated the sixth international and fifth Arab forum on renewable energy to review the developments of the sector, which is expected to amass $500 billion worth of investments by 2040.

Since 2014, Jordan has developed a legislative environment that has facilitated the creation of renewable wind and solar energy projects, providing “clean electricity”"...

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Jordan, Morocco discuss cooperation in energy, minerals sectorAugust 27, 2019

Amman, Aug. 26 (Petra)-- Energy and Minerals Regulatory Commission (EMRC) Chief Commissioner Farouq Hiyari and Morocco's Minister of Energy, Minerals and Sustainable Development, Aziz Rabah, on Monday discussed areas of cooperation in regulating the energy and minerals sector and ways of enhancing them to serve the interests of both countries.

In a meeting at the EMRC headquarters, both sides discussed the exchange of expertise in the field of regulation, pricing and standards that should be taken into account"...

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