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, sources with knowledge of the matter told Reuters. The underground facility, named Mandous, ...

Iran to Move Main Oil Export Terminal to Gulf of Oman

• Wednesday, 5th September 2018
• by Editorial Team

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...

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...