Ras Markaz Oil Terminal to Commence Operation in Q2 2022

Salim Marhoon Al Hashmi, Director-General of Raz Markaz Oil Terminal announced that the project will start operations during Q2 2022.

ENOC, Rotary Arabia Develop Terminals Infrastructure in Saudi Arabia

ENOC Group along with Rotary Arabia, which is one of the Engineering, Procurement and Construction (EPC) contractors in Saudi, announced that the completion of developing the needed infrastructure for transporting ...

Gastec launches First Mobile Natural Gas Station in Egypt

Gastec company announced that it has established mobile station to supply natural gas for the first time in Egypt.

INE Approves PetroChina as Storage Facilities for LSFO Futures  

Shanghai International Energy Exchange (INE) approved PetroChina International Middle East as overseas storage facilities for lower Sulphur fuel oil (LSFO) futures.

Kenyan KPC, KPLR Sign 3-Year Lease Agreement

Kenya Pipeline Company (KPC) has signed a 3-year lease agreement with Kenya Petroleum Refineries Limited (KPRL) as it looks to expand the country’s oil storage capacity.

Pumangol to Build Aircraft Fuel Facility

Pumangol will invest $295m to build aircraft fuel storage and distribution units at airports in Luanda, Huíla, Benguela and Cunene.

Turkey Gets Its First FSRU

The floating, storage, and re-gasification unit (FSRU) Neptune, previously known as GDF Suez Neptune, has arrived near Aliaga on the Agean Sea where it will be used as Turkey’s third LNG import terminal.

Lekoil Pumped Oil from Otakikpo to Storage Tanks

Lekoil announced that oil is flowing at the Otakikpo marginal field in Nigeria to onshore storage tanks, where it will later be transferred upon completion of the offshore pipeline.

Ukraine Ready to Allow Foreign Companies to Export Gas

The Minister of Energy and Coal Industry of Ukraine said that the country is ready to make its underground gas storage facilities available to foreign companies, including Turkish ones, for its further transportation ...

Iraqi Forum Reappraising Oil Costs, Foreign Investor Terms

The 2009 bids only managed to hand over control to international oil companies

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