The United Nations has purchased a large tanker to store roughly 1.1 million barrels of oil. the oil is currently stored on a decaying vessel of the coast of Yemen, and officials have been warning that an environmental disaster is imminent for several years. The oil will be transferred to the UN’s tanker in a bid to protect the Red Sea and Yemen’s coastline from an oil spill.

Terminal News
ADNOC Secures Financing For Hail & Ghasha Gas Development
Abu Dhabi National Oil Company (ADNOC) in partnership with Eni S.p.A. (Eni) and PTT Exploration and Production Public Company Limited (“PTTEP”), today announced the successful signing of a landmark structured




