The two sides will explore joint investment opportunities
oil storage terminals
Latest in oil storage terminals
Abu Dhabi Investment Authority
VTTI to acquire India’s debt-ridden IL&FS’s stake in Fujairah fuel storage JV
Stake acquisition deal is pegged at $90 million
BPGIC
UAE’s Brooge Petroleum takes first oil at expanded storage site
Brooge Petroleum and Gas Investment Co. is the unit that operates the storage terminal at the port of Fujairah
Brent Crude
Video: How the US oil price fell below zero
Worries about the level of demand and lack of available storage capacity pushed the price of benchmark US crude oil prices below zero.
BPGIC
Brooge Petroleum to list on Nasdaq in reverse merger worth $1bn
Fujairah-based Brooge plans to increase its storage capacity to 1 million cubic meters by late in the second quarter or early in the third quarter of 2020
Abu Dhabi National Oil Company
Adnoc inks deal for world’s largest underground oil storage project
Engineering, procurement and construction contract awarded to South Korean firm for Adnoc Fujairah Underground Storage
ADNOC
UAE eyeing further oil investments in India
Sultan Ahmed Al Jaber, CEO of the ADNOC, received a lifetime achievement award at Petrotech Conference from Prime Minister Narendra Modi
