Friday 26 August 2016
 
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fuel

Egypt plans to lift fuel subsidies in three years

Egypt plans to lift fuel subsidies within three years and is aiming to increase fuel prices to 65 per cent of their actual cost during the 2016/17 fiscal year, two government sources told Reuters on Tuesday. Egypt, which is strugg

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Egypt plans to lift fuel subsidies in three years

Egypt plans to lift fuel subsidies within three years and is aiming to increase fuel prices to 65 per cent of their actual cost during the 2016/17 fiscal year, two government sources told Reuters on Tuesday. Egypt, which is strugg

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Saudi cleaner fuels project harvests foreign bids to build

Foreign engineering companies have bid to build Saudi Aramco's clean fuels project at the state oil giant's Ras Tanura refinery, industry sources told Reuters.   The bid deadline was July 17 for the $2 bi

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Oman Air implements new fuel efficiency software

Oman Air has selected OpenAirlines- Skybreathe to provide its cloud-based fuel efficiency software solution. The solution will provide both predictive and post-flight analysis by fusing a combination of multiple data sources to id

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Qatar to cut condensate exports in January

Qatar will reduce its condensate exports by a third in January 2017 when a new splitter at its Ras Laffan refinery starts operating, a Qatar Gas official told Reuters.   "Qatar is exporting around 30 cargoes

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DME announces first Fujairah fuel oil trade

The first trade in Middle East fuel oil derivatives has taken place on the DME (Dubai Mercantile Exchange), the leading east of Suez energy exchange. DME recently listed Middle East 180cst and 380cst high-sulfur fuel oil (HSFO) fo

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DME announces first Fujairah fuel oil trade

The first trade in Middle East fuel oil derivatives has taken place on the DME (Dubai Mercantile Exchange), the leading east of Suez energy exchange. DME recently listed Middle East 180cst and 380cst high-sulfur fuel oil (HSFO) fo

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UAE firms deny vehicle fuel delivery service

Abu Dhabi National Oil Distribution Company (Adnoc Distribution), Emirates General Petroleum Corporation (Emarat) and Emirates National Oil Company (Enoc) have clarified that they have no plans to provide vehicle fuel delivery outside of their s

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Mitsubishi Motors mileage scandal widens

Mitsubishi Motors Corp's fuel economy scandal broadened on Friday as US auto safety authorities said they were seeking information and after reports that the automaker submitted misleading data on at least one more model than disclosed and l

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Change in fuel prices planned in Bahrain

Bahrain is considering further fuel price adjustments just three months after raising the price of petrol, said a report in the Gulf Daily News (GDN), our sister publication.   To read further, please vi

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