SISCO sold the stake to the Saudi Public Investment Fund and COSCO Shipping Ports
tankers
Posted inProducts & Services
Coronavirus causes China crude tanker demand to plummet: VesselsValue
After comparing demand data from 2019 and 2020, VesselsValue draws conclusions about the drastic impact of coronavirus on China’s demand for Middle East crude
Posted inProducts & Services
Iraq cabinet approves plans to build Jordan pipeline and island port
The nation is searching for alternatives to trade through the Strait of Hormuz
Posted inNews
Shipping rates jolt following Strait of Hormuz tanker attacks
Fear of escalating conflict has led to high insurance premiums and an uptick in safety measures
Posted inNews
Damaged Japanese tanker arrives off UAE coast
Both the US and KSA have said that Iran is responsible for the attacks
Posted inProducts & Services
Pan-Arab Parliament Office to see resolutions this week on recent attacks
The Pan-Arab Parliament Office issued a statement noting that it approved a number of draft resolutions which will be presented to the plenary session on Wednesday
Posted inProducts & Services
UAE minister of foreign affairs speaks out about oil infrastructure attacks
In meetings in Cyprus and Bulgaria, Sheikh Abdullah bin Zayed spoke out against recent attacks on oil infrastructure
Posted inNews
Al-Falih confirms two Saudi oil tankers among the four sabotaged off the coast of Fujairah
The attacks did not lead to any casualties or oil spills, and the port of Fujairah was not impacted, according to the UAE Ministry of Foreign Affairs and International Cooperation
Posted inPeople
Five minutes with: Jawad Nizar, director, Ennero Group
O&GME delves beneath the corporate strategy to learn what makes the industry’s leaders tick. This month, a director of the Ennero Group is in the hot seat.