Wednesday 1 October 2014
 
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fuel

Bapco set to launch fuel cards drive

A new campaign that targets 80,000 Sadeem smart fuel cards being issued by the end of the year is lined up by Bahrain Petroleum Company (Bapco). The nine-day campaign will be launched at Bahrain City Centre, the petroleum refiner

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Kinder Morgan plans $1.5bn US fuel logistics hub

To capitalize on a flood of domestic and Canadian crude into the US Gulf Coast, logistics giant Kinder Morgan Energy Partners is spending more than $1.5 billion in Houston to build the most flexible oil and fuel transport hub in the country.

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Iran to halt marine fuel exports for at least a month

Exports of Iranian marine fuel oil have unexpectedly been halted for two weeks and will not resume for at least a month, a source at the National Iranian Oil Company (NIOC) said. Trade sources said Iran could be stocking up on fuel oil

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Taqa Arabia to expand its fuel stations network

Qalaa Holdings (formally Citadel Capital) has announced that its energy sector subsidiary Taqa Arabia aims to expand its network of fuel stations in Egypt through Taqa Oil Marketing Company. The company currently offers comprehens

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Yemen struggles towards fuel price reform

A clampdown on state spending was an effort by Yemen's government this month to win public support before its biggest economic reform in years: higher fuel prices. But an angry public may not be won over.

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New coasting system to save fuel on Mideast roads

A breakthrough in green automotive engineering allowing motorists to cruise for a third of every journey without using fuel, will soon become as common in cars on Middle East roads, said an industry expert.   The

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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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