Oman and Iran will drive the majority of the growth in the oil storage industry in the Middle East between 2018 and 2022, contributing more oil storage capacity than any other country in the region, according to leading data and analytics company GlobalData
Brent crude oil will end 2018 above US$75 a barrel, the highest year-end price in four years, according to 59 per cent of 200 energy industry executives polled by the GIQ
Mohammed Barkindo, secretary-general of OPEC, has inaugurated Brooge Petroleum and Gas Investment Company’s (BPGIC) Phase II storage terminal in the emirate of Fujairah
The Arab Petroleum Investments Corporation (APICORP), the multilateral development bank focused on the energy sector, has published its latest research report, analysing the impact on the Gulf’s oil dynamics of new fuel oil regulations for the shipping industry set by the International Maritime Organisation (IMO)
Globally, the total crude and condensate production from announced and planned global offshore projects is expected to be around 8.1 mmbbl per day of crude and about 47.3 bcf per day of natural gas by 2025, according to GlobalData, a leading data and analytics company
