• 3 minutes Oil Price Could Fall To $30 If Global Deal Not Extended
  • 8 minutes Why Is America (Texas) Burning Millions of Dollars Per Day Of Natural Gas?
  • 11 minutes Is $60/Bbl WTI still considered a break even for Shale Oil
  • 15 minutes CNN:America's oil boom will break more records this year. OPEC is stuck in retreat
  • 2 hours The Pope: "Climate change ... doomsday predictions can no longer be met with irony or disdain."
  • 1 day Hormuz and surrounding waters: Energy Threats to the World: Oil, LNG, shipping markets digest new risks after Strait of Hormuz attack
  • 2 hours Greenpeace claims one oil rig is "pushing the world closer to a climate catastrophe"
  • 20 hours Russia removes special military forces from Venezuela . . . . Maduro gone by September ? . . . Oil starts to flow ? Think so . .
  • 7 hours The Latest: Iranian FM Says US Cannot Expect To ‘Stay Safe’
  • 2 days As Iran Nuclear Deal Flounders, France Turns To Saudi For Oil
  • 1 day The Magic and Wonders of US Shale Supply: Keeping energy price shock minimised: US oil supply keeping lid on prices despite global risks: IEA chief
  • 2 days Never Knew Gasoline Prices were this important!
  • 1 day Plants are Dying
  • 6 hours Emmissions up, renewables nowhere
  • 1 day We Are Better Than This
  • 3 hours Middle East on brink: Oil tankers attacked off Oman
  • 1 day (Un)expectedly: UK Court Sets Assange U.S. Extradition Hearing For February 2020
A Geopolitical Energy Grenade In Europe

A Geopolitical Energy Grenade In Europe

A geopolitical energy grenade is…

Have Canadian Oil Prices Hit The Sweet Spot?

Have Canadian Oil Prices Hit The Sweet Spot?

Canadian oil prices have recovered…

Energy Poor Jordan Eyes Renewable Energy Resources

Jordan’s growing economy has been hobbled by the fact that it currently imports 95 percent of its energy needs.

During the "Energy Security in the Middle East and the Gulf Region" seminar held in the capital Amman earlier this week, a number of analysts stated that the country could benefit by shifting its resources to embrace the renewable energy sector.

Ahmad Azzam, heading a World Bank-financed study estimating potential renewable energy sources and their costs for Jordan told attendees that Jordan’s theoretical potential to benefit from wind and solar energy surpasses that of the U.S., Britain, France, China and Russia combined, quipping, "So if we utilize our renewable energy resources, we may be able to secure a permanent seat in the UN Security Council," the Jordan Times reported.

Energy Charter Secretariat senior expert Patrice Dreiski commented that Middle Eastern nations are "the most promising" in the field of renewable energy, emphasizing in particular solar power as a significant resource and "potential for cooperation," observing, “Sunshine is abundant in Jordan. It offers great prospects as a resource that can be exploited.”

The seminar was organized by the Arab Institute for Security Studies, in partnership with the Konrad Adenauer Stiftung (KAS) and the Energy Research Program. KAS Resident Representative Martin Beck said that the purpose of the two-day forum was to survey regional examined energy problems from the region's "point of view," away from Western interests and influence.

By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News