Strait of Hormuz | Egypt Oil & Gas - Part 6
Two Oil Tankers Evacuated in Gulf of Oman
The United Kingdom Maritime Trade Operations (UKMTO) has warned of an unspecified incident that reportedly took place in the Gulf of Oman, urging extreme caution, Gulf News reports. Meanwhile, Bloomberg has reported t...
Saudi Aramco, Sabic to Build Petrochemical Complex in Yanbu
State oil giant Saudi Aramco and petrochemicals company Saudi Basic Industries Corp (SABIC) will build a new integrated industrial petrochemicals complex in the port city of Yanbu on the Red Sea coast, Reuters reporte... Yanbu South Terminal Upgrade Boosts Saudi Oil Exports by 3M b/d
An upgrade to Saudi Aramco’s Yanbu South Terminal (YST) has added 3 million barrels per day (b/d) to the export capacity of the Red Sea facility, the company announced in a press release. The YST facility contains a t...
ADNOC Builds Crude Storage Facility in Fujairah Mountains
Abu Dhabi National Oil Company (ADNOC) is constructing a crude oil storage facility under the Fujairah mountains in the UAE, sources with knowledge of the matter told Reuters. The underground facility, named Mandous, ...
Iran to Move Main Oil Export Terminal to Gulf of Oman
Iran is planning to move its primary export terminal from the Arabian Gulf to the Gulf of Oman to avoid using the strategic Strait of Hormuz, President Hassan Rouhani stated in a televised speech on September 4, AFP r...
