S&P Platts to Distribute FOIZ Storage Data

• Tuesday, 15th November 2016
• by Egypt Oil & Gas

The Fujairah Oil Industry Zone (FOIZ), has signed a memorandum of understanding (MoU) with the independent data agency, S&P Global Platts, to distribute weekly inventory storage data starting 2017,  reported Zawya...

Shell, Vitol to Store Iraqi Crude at Fujairah

• Tuesday, 1st November 2016
• by Egypt Oil & Gas

Royal Dutch Shell and Vitol, a global energy trading house, are stepping up their operations in the port of Fujairah to store Iraqi crude as production from the OPEC member rises, reported Reuters. In an attempt to av...

UAE Plans to Increase Crude Output

• Sunday, 23rd June 2013
• by Egypt Oil & Gas

The United Arab Emirates (UAE) consists of seven emirates including Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah and Umm al-Quwain. Oil and gas production has been the mainstay of the economy of the coun...