COVID-19 has changed the world in many ways and energy hasn’t been excused. In early 2020, there was a perfect storm of excess supply and massive reductions in demand. Since then, he market has become far more balanced and the oil price seems to be tightly bound
Continue readingIMO 2020: COMING UP VLSFO
Six months on from the passage of the IMO 2020 initiative – the International Maritime Organisation ruling that required the marine sector to reduce sulphur emissions by over 80% – how has the market responded.
Continue readingSAHARA ENERGY COO CALLS FOR GREATER RESILIENCE IN GLOBAL ENERGY MARKET
Stakeholders in the global energy market need to work more collaboratively to shore up the market’s resilience in the face of the economic and supply chain disruption caused by the COVID-19 pandemic, Andrew Laven,
Continue readingBROOGE PETROLEUM AND SAHARA ENERGY TO BUILD UP TO 250,000 BPD OIL REFINERY IN FUJAIRAH
Brooge Petroleum and Gas Investment Co (BPGIC) and Sahara Energy Resources DMCC Dubai have announced plans to set up an oil refinery to produce bunker fuel with a capacity of up to 250,000 barrel per day (bpd) in the Emirate of Fujairah.
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