Brooge’s crude storage capacity in Fujairah will increase six-fold after the expansion is complete…
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North America incurs highest crude oil refinery maintenance globally in 2019, says GlobalData
Asia was the secon-highest region in terms of crude oil refinery capacity
Sharjah National Oil Company makes first gas discovery in three decades
The Mahani-1 exploration well, located in the Area B Concession, is the first exploration well drilled by SNOC following the acquisition of a new 3D seismic survey
Oil prices continue to drop on coronavirus fears
Worries about an impact on demand in China have sent prices crashing
US sanctions UAE entity for facilitating Iran oil trade
It also sanctioned companies in Hong Kong and Shanghai for what it says were deals worth hundreds of millions of dollars
Kuwait will restart Wafra oil production in neutral zone by March
Wafra and Khafji fields can produce up to 500,000 barrels per day combined
Coronavirus outbreak hits oil prices
Oil prices could continue to fall if quarantine is not lifted
SFO alleges Unaoil agents paid $6mn bribes in Iraq for oil contracts
As the SFO trial began on Thursday, three Unaoil agents faced counts of conspiracy for allegedly bribing South Oil Company
OPEC could extend oil cuts until end of 2020: TASS
Discussions are still in the early stages…
Saudi Aramco ranked world’s second most valuable oil & gas brand at $46.8bn
The oil and gas giant was named the Middle East’s most valuable brand