Montfort Acquires Uniper’s Marine Fuels Oil Refinery in UAE
06.05.2023 By TankTerminals.com News - NEWS

June 5, 2023 [GulfNews]- Montfort Group and the Private Office of Sheikh Ahmed Dalmook Al Maktoum (the Private Office) have acquired Uniper Energy’s oil refinery in the UAE that produces low-sulphur fuel oil for the shipping industry, the company said on Wednesday.

 

This makes Montfort one of the top two suppliers of ship fuel, also known as bunker fuel, in the world’s third-largest bunkering hub located in the United Arab Emirates’ city of Fujairah, rivalling energy trader Vitol. The business will be named Fort Energy Refining Middle East DMCC. Fort Energy is a wholly owned subsidiary of Montfort.

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Aethon Energy to Buy Tellurian Upstream Assets for $260 Million
05.30.2024 - NEWS
May 30, 2024 [Reuters]- Aethon Energy said on Wednesday it would buy Tellurian’s upstream a... Read More
Exolum Invests €20 Million in New Biofuel and Bulk Storage Terminal
05.30.2024 - NEWS
May 30, 2024 [Biofuels International]- Exolum will build a new terminal for the storage of biofue... Read More
Argentina’s YPF Begins Building Vaca Muerta Oil Pipeline
05.29.2024 - NEWS
May 29, 2024 [P&GJ]- State-owned Yacimientos Petroliferos Fiscales (YPF) has begun constructi... Read More
Thyssenkrupp Uhde Selected for Major Clean Ammonia Plant Project in the USA
05.29.2024 - NEWS
May 29, 2024 [Thyssenkrupp]- Thyssenkrupp Uhde has been selected as technology provider and partn... Read More