Monday 14 July 2014
 
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Fuel subsidy proposal may bolster Gulf Air

Gulf Air wants the government to subsidise 30 per cent of its fuel costs, to enable it to achieve an operating profit for the first time in years.   The proposal has already been tabled with the Cabinet, Gulf Air

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Bahrain's jet fuel depots to be relocated

Jet fuel reservoirs are to be relocated from their present location in Arad to an alternative site inside Bahrain International Airport.   His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa ha

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Egypt taking fuel shipments for June needs

Egypt is receiving fuel shipments to cover its needs for this month, an energy official said on Friday, despite $6 billion of free fuel given by its Gulf allies after the army took power last year. Amr Mostafa, vice president of t

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Money to burn: Wasteful energy subsidies

Fossil fuel subsidies cost governments in emerging markets more than $500 billion every year and are a major contributor to climate change, according to the International Energy Agency (IEA) and International Monetary Fund (IMF).

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US to create million-barrel fuel reserve

The US government will create a million-barrel petrol reserve in the Northeast, a reaction to the aftermath of Superstorm Sandy in 2012 when motorists were left without fuel, exposing vulnerabilities in the fuel distribution network.

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Libya plans 'smart cards' to cut fuel subsidies

Libya plans to limit the costly subsidies its citizens enjoy when buying motor fuel - much of which is smuggled into Tunisia for resale at higher prices - by introducing a "smart card" system like one newly implemented in neighbouring

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Imdaad launches ‘Go Green’ drive

Imdaad, a leading provider of integrated facilities management (FM) solutions in the GCC, has launched its new ‘Go Green’ initiative to support its commitment towards building sustainable communities.  

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Gulf Air could get 30pc fuel subsidy

Bahrain's national carrier, Gulf Air, could soon get a 30 per cent discount on fuel supplies.   The parliamentary co-ordination committee has endorsed a proposal in this regard submitted by MP Khalid Abdula&#

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Lost airliner was diverted deliberately: Malaysian PM

A missing Malaysian jetliner was likely steered deliberately to a course that could have taken it anywhere from central Asia to the southern Indian Ocean, Malaysia's prime minister said on Saturday, in a dramatic revelation that intensified

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Missing plane: It's deliberate act says Malaysia PM

Investigators believe someone aboard a missing Malaysian airliner deliberately shut off its communications and tracking systems, turned the plane around and flew for nearly seven hours after it vanished, Prime Minister Najib Razak said on Saturd

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