A substantial increase in Iranian oil storage capacity will give the sanctions-hit country more flexibility to export crude, the International Energy Agency (IEA) said.
The US and the European Union have impose
Bahrain has signed BD13 million ($33.8 million) contracts with two local companies for the installation of ground storage tanks as part of the second phase of its water transmission development project, which is financed by the Kuwait Fund for
Egypt, the world's largest wheat importer, wants to be a ‘global logistics hub’ for grain storage by securing its own strategic reserves and exporting locally made flour to other Arab states, the supply minister said on Tuesday
Microsoft Corp said it will increase its cloud storage offering for business users by 40-fold as the world's largest software company makes a case for businesses buying an all-in-one product from itself rather than buying technology "pi
Huawei, a leading global ICT solutions provider, has revealed new plans to help organisations across the Middle East meet rising demands for a more secure and flexible data storage solution for mission-critical assets.
SanDisk, a global leader in flash memory, has registered a solid 64 per cent year on year growth in Saudi Arabia from 2012 to 2013 driven by a growing appetite for flash-based storage device in the region.
Coupled with this succes
Egypt's strategic stock of wheat is enough to last until June 15, the supplies minister said, reassuring the market while he also raised the longer-term target for storage capacity as it moves to become more self-sufficient.
US-based energy infrastructure firm CB&I has been awarded an engineering, procurement and construction (EPC) contract worth more than $70 million by Petrofac Saudi Arabia.
The project scope includes the EPC of crude oil storag
Seagate, a leader in storage solutions, has unveiled its open storage platform to simplify enterprise data management.
The Seagate Kinetic also aims to lower total cost of ownership of the average cloud infrastructure by up to 50
Iraq plans to store 4 million barrels of crude in South Korea, the country's oil minister said on Wednesday.
"The reason we are storing it in Korea is it to be near the markets - the Asian markets," Oil Minister Abdu