Jordan’s imports of electricity, gas and oil derivatives increased by 59 per cent from January to April this year, according to data released by the country’s department of statistics
Industry
UAE’s new pipeline to bypass Hormuz now operational
The UAE will begin exporting almost half of its crude oil through the new Habshan-Fujairah pipeline by July 2012, bypassing the Strait of Hormuz for the first time
ENOC to enhance Jebel Ali refinery capacity
Dubais Emirates National Oil Company (ENOC) plans to increase the capacity at its Jebel Ali refinery by 20,000 bpd to 140,000 bpd
Opec's 2011 revenue touches record high
High production levels and strong oil prices boosted the Organisation of Petroleum Exporting Countries (OPEC) crude export earnings to an all time high of US$1.026 billion in 2011
Oil price slump may hit Middle East economies
Infrastructure and projects of Middle Eastern oil companies will slow down if oil prices dip any further, say experts
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