UAE-based Gulf Petrochem has opened the first phase of a major oil terminal at Fujairah with a storage capacity of 412,000 cu m.
Inaugurated by Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, the
UAE-headquartered Gulf Petrochem Group said it has recently started construction of a hitech storage terminal for the handling and storage of liquid cargoes in bulk at Pipavav in the Indian state of Gujarat.
A leading player in th
Iran plans to build an oil terminal outside the Strait of Hormuz to ensure exports in the event of Gulf shipping problems and to ship Caspian oil, the oil ministry news website said on Monday.
Shana reported the head of the Iranian Oil Ter
Horizon Terminals, a subsidiary of Emirates National Oil Company (Enoc), has awarded a contract to Punj Lloyd, an India-based construction conglomerate, to construct a bulk oil terminal facility in Jebel Ali.
The deal covers the engineerin
Iraq said weather, rather than a technical fault, was behind an interruption in the operation of a new offshore oil terminal designed to ramp up its exports and that a second tanker was about to begin loading there.
The new single point mo
Iraq expects to turn on the tap at one of three new oil export terminals in the Gulf on January 1, a major milestone in its effort to build export capacity to handle increasing output from southern oilfields.
Construction on three single-p
Saudi Aramco said on Thursday that it had controlled a fire at the Ras Tanura oil terminal, the world's largest offshore oil export facility.
Crude and oil product output and loading were unaffected by the fire at the terminal on the kingd