April 17, 2019

Holding oil ships by aggression coalition is behind oil...

SANAA, April 16 (Saba) - Minister of Oil and Minerals Ahmed Daress on Monday said that the existing oil derivatives shortage crisis is caused by arbitrary holding of oil vessels by Saudi-led aggression coalition.

Speaking to 'the media platform' organized by the Ministry"...

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April 17, 2019

Dubai's Tristar inks deal for six oil, chemical tankers

UAE-based oil and gas logistics firm Tristar Group has signed firm contracts for six new build oil and chemical tankers with South Korean shipbuilder Hyundai Mipo Dockyard.

The vessels will be delivered between"...

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April 16, 2019

Oil prices spike in 2nd week of April

Amman, Apr. 15 (Petra) -- International oil prices went up during the second week of April, according to data released on Monday by the Ministry of Energy and Mineral Resources.

According to the data, the price of 95-octane gasoline edged up from $661.4 per ton in the first"...

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April 15, 2019

Opec, Russia may ditch oil deal to fight for market share...

MOSCOW: Russia and Opec may decide to boost production to fight for market share with the United States but this would push oil prices as low as $40 per barrel, TASS news agency cited Russia’s Finance Minister Anton Siluanov as saying on Saturday. “There is a dilemma. What should"...

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April 15, 2019

Dana Gas share of collection at US$39 million in Q1 2019...

SHARJAH, 14th April, 2019 (WAM) -- Dana Gas has announced that during Q1 2019, Pearl Petroleum received US$112 million (AED411 million) from the sale of condensate, Liquefied Petroleum Gas, and gas in the Kurdistan Region of Iraq, KRI.

Dana"...

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April 14, 2019

Russia, OPEC may ditch oil deal to fight for market share,...

Reuters
MOSCOW
Russia and OPEC may decide to boost production to fight for market share with the United States but this would push oil prices as low as $40 per barrel, TASS news agency сited Russia’s Finance Minister Anton Siluanov as saying on Saturday.
“There"...

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April 14, 2019

Oil Minister discusses with Grande seizure of oil ships...

SANAA, April 13 (Saba) - Oil and Minerals Minister Ahmad Abdullah Daras on Saturday discussed with the United Nations Humanitarian Coordinator in Yemen, Lise Grande catastrophic effects because of the ships carrying oil derivatives.

"...

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April 13, 2019

Exclusive: Jordan eyes oil shale production by 2022, energy...

Jordan expects to reach financial closure soon on its oil shale programme that could transform the energy importer into an oil producer for the first time, according to its energy and mineral resources minister.

“With"...

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April 11, 2019

Indian Oil halts fuel supply to Jet over non-payment of...

REUTERS
NEW DELHI
Refiner Indian Oil Corp (IOCL) has halted the supply of fuel to struggling carrier Jet Airways since Wednesday afternoon over non-payment of dues, a source with direct knowledge of the matter told Reuters.
This is the second time the refiner has stopped"...

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April 11, 2019

Petronas Company: We Give Special Consideration for Cooperation...

Khartoum- President of Petronas Company in Sudan Engineer Azhan Ali has said that the company gives special consideration for cooperation with Sudan, noting that the company has exempted Sudan from the reduction operations that covered all its projects in the world.
The Minister of"...

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