Brooge Energy Reports Revenue of $23.3 Million for the Six Months Ended June 30, 2021
September 13, 2021 10:21 ET
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Brooge Energy Limited
Global demand for oil storage drives higher fixed storage rates At June 30, 2021, the Company had $37.2 million in cash and bank balances NEW YORK, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Brooge Energy...
Brooge Energy Announces Dates for First Half 2021 Results and Conference Call
September 10, 2021 08:30 ET
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Brooge Energy Limited
NEW YORK, Sept. 10, 2021 (GLOBE NEWSWIRE) -- Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the...
Brooge Energy Ltd. Achieves Major Milestone with Launch of Phase II Storage Facility; Receives First Cargo
September 09, 2021 16:15 ET
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Brooge Energy Limited
Phase II facility will contribute to the Company’s revenues in the second half of 2021. Phase II expansion positions Brooge as the second largest independent storage operator in the region with...
Brooge Energy Ltd. Announces Positive Feasibility Study for Proposed Phase III Facility
July 28, 2021 08:58 ET
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Brooge Energy Limited
High utilization of third-party storage terminals in Fujairah along with upcoming infrastructure investments in the region indicate sustainable storage demand NEW YORK, July 28, 2021 (GLOBE...
Brooge Energy Ltd. Applies for Permit to Start Testing and Commissioning as Final Regulatory Step Ahead of Starting its Phase II Storage Facility Operations
July 14, 2021 16:15 ET
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Brooge Energy Limited
Commences receipt of advance income for Phase II storage fees NEW YORK, July 14, 2021 (GLOBE NEWSWIRE) -- Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil...
Brooge Energy Ltd. Announces the Signing of Agreement with Oil Trader for One of the First Refineries in the Region to Produce IMO Compliant Very Low Sulphur Fuel Oil
July 09, 2021 08:30 ET
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Brooge Energy Limited
Company to operate new 25,000 barrel per day modular refinery to drive additional revenue at favorable EBITDA margins. Refinery to produce high-in-demand, IMO Compliant, Very Low Sulphur Fuel Oil as...
Brooge Energy Ltd. Clients Renew 233,072 cbm of Storage Capacity at 70% Premium to Previous Pricing with Longer Term Fixed Income
June 01, 2021 08:52 ET
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Brooge Energy Limited
Strong market demand for oil storage continues to drive higher prices NEW YORK, June 01, 2021 (GLOBE NEWSWIRE) -- Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream...
Brooge Energy Ltd. Appoints Two New Independent Members to the Board of Directors
May 20, 2021 16:10 ET
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Brooge Energy Limited
NEW YORK, May 20, 2021 (GLOBE NEWSWIRE) -- Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the...
Brooge Energy Ltd. Announces Filing of Form F-3 Shelf Registration Statement and Intention to Offer Securities Primarily to Fund Phase III Expansion Project
April 22, 2021 17:39 ET
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Brooge Energy Limited
Phase III expansion is expected to increase storage capacity by up to 3.5 million m3 NEW YORK, April 22, 2021 (GLOBE NEWSWIRE) -- Brooge Energy Ltd. (“Brooge Energy” or the “Company”)...
Brooge Energy Reports Revenue of $41.8 Million for the Year Ending December 31, 2020
April 05, 2021 18:26 ET
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Brooge Energy Limited
Net income improves to $17.2 million for 2020, compared with a loss of $75.3 million for 2019 Earns $0.19 per basic and diluted share in 2020, compared with a loss of $0.94 per basic and diluted...