Oman plans biggest oil tank farmOman is considering building a facility to store up to 200 million barrels of crude safely outside the Strait of Hormuz amid rising tension in the region over Iran's nuclear plan, the head of a state-run oil investment company said. More… |
KOC gets 13 requests in tank tender-paperState upstream firm Kuwait Oil Company (KOC) has received requests from 13 international firms to take part in a tender to build several tanks, a newspaper said. Kuwaiti daily Al-Rai said in an unsourced report that 20 firms had been More… |