UAE’s BPGIC to Raise Storage Capacity to 4.5 mcm Across 22 Tanks

• Thursday, 10th October 2019
• by Editorial Team

The UAE’s Brooge Petroleum and Gas Investment Co (BPGIC) announced in a statement published on Zawya on October 10, 2019, that it plans to boost the crude oil storage capacity and expand refining facilities after ...

ADNOC Builds Crude Storage Facility in Fujairah Mountains

• Thursday, 11th October 2018
• by Editorial Team

Abu Dhabi National Oil Company (ADNOC) is constructing a crude oil storage facility under the Fujairah mountains in the UAE.

UAE to Store Oil at India’s Facilities

• Thursday, 26th January 2017
• by Editorial Team

India signed a landmark contract for the storage of half of India’s Mangalore underground storage facility with 5.86m barrels of oil from the UAE.

Oman Expanding Crude Storage Capacity for Dubai Futures

• Wednesday, 20th January 2016
• by Egypt Oil & Gas

The Oman Tank Terminal Company (OTTCO) is building a storage project with a 25m barrel capacity at Ras Markaz to be opened in 2019.

Sinopec Entrenches its Reach in Maritime Southern Asia

• Tuesday, 15th December 2015
• by Egypt Oil & Gas

China Petrochemical Corp., Sinopec announced its plan to build a gasoline filling station and a storage depot at its outpost in the disputed Paracels Island in the South China Sea to ramp up its fuel supplies.

Sinopec to Lease 75% of Hovensa Oil Storage Capacity

• Wednesday, 2nd December 2015
• by Egypt Oil & Gas

Sinopec, Asia's biggest oil refiner, and Freepoint, US commodity trader, will take part in reviving the Caribbean oil refinery, Hovensa, in collaboration with Limetree Bay Holdings LLC, the buyer of the complex in S ...

Oman’s International Buying Spree Spans Three Continents

• Wednesday, 1st July 2015
• by Egypt Oil & Gas

Oman, the largest oil producer in the Middle East outside of OPEC, plans to buy, lease or build fuel-storage tanks in East Africa to boost sales on the continent and open a U.S. office to trade refined products and L ...

Third Tank World Expo to be Hosted in Dubai, April 13-14

• Monday, 6th April 2015
• by Egypt Oil & Gas

International industry leaders will come together in Dubai this month to debate the increasingly critical issue of global oil storage and its impacts on the Middle East oil and gas industry, as countries around the w ...