June 3, 2021 [Seeking Alpha] – “The midstream sector continues to be of significant strategic importance, supporting the infrastructure and storage needs of the oil industry and ultimately allowing the market to work more efficiently.” Nicolaas L Paardenkooper, CEO of Brooge Energy Why is oil storage important? Storage facilities play a crucial role in the…
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NEW YORK, June 01, 2021 (GLOBE NEWSWIRE) — Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates, today announced its customers have successfully renewed their fixed lease contracts for 233,072…
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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 Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates, today announced the appointment of Nariman Karbhari and Tony Boutros as independent…
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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”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United…
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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 share in 2019 Completed the issuance of a USD$200 million 5-year senior secured bond with proceeds, among other purposes, to fund remaining…
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NEW YORK, March 23, 2021 (GLOBE NEWSWIRE) — Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates (“UAE”) through its wholly-owned subsidiaries Brooge Petroleum and Gas Investment Company FZE…
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NEW YORK, March 11, 2021 (GLOBE NEWSWIRE) — Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates (“UAE”), today announced its wholly-owned subsidiary Brooge Petroleum and Gas Investment FZE (“BPGIC”)…
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NEW YORK, February 16, 2020 – Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates (“UAE”) through its wholly-owned subsidiaries Brooge Petroleum and Gas Investment Company FZE (“BPGIC”) and…
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Phase II launch to now commence during H1 2021 as COVID-19 restrictions cause supply chain disruptions, impacting the final construction stage Lina Saheb and Bryant Edwards Appointed to the Board of Directors NEW YORK, Dec. 21, 2020 (GLOBE NEWSWIRE) — Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service…
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New contracts demonstrate strong, sustained demand for BPGIC’s strategically-located oil storage terminals NEW YORK, Dec. 16, 2020 (GLOBE NEWSWIRE) — Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates…
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NEW YORK, Dec. 07, 2020 (GLOBE NEWSWIRE) — Brooge Energy Limited (“Brooge Energy” or the “Company”) (NASDAQ: BROG), and its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), a Fujairah Free Zone Entity in the oil storage and services business, announced today that BPGIC has signed offtake contracts with three regional oil trading companies…
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Management hosted a conference call on Monday, November 30, 2020 at 8 a.m. ET NEW YORK, Nov. 30, 2020 (GLOBE NEWSWIRE) — Brooge Energy Limited (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United…
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Company has filed its financial results for the six months ended June 30, 2020 with the SEC on Friday, November 27th NEW YORK, Nov. 27, 2020 (GLOBE NEWSWIRE) — Brooge Energy Limited (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the…
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NEW YORK, Oct. 22, 2020 (GLOBE NEWSWIRE) — Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider, is pleased to announce the beginning of preconstruction work for its Phase III oil storage terminals and refinery, which will be strategically located outside the Strait of Hormuz, adjacent to…
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NEW YORK, Sept. 11, 2020 (GLOBE NEWSWIRE) — Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG) today announced that its subsidiary, Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), has successfully completed the issuance of a USD$200 million 5-year senior secured bond (with potential follow-on issuances of up to USD$50 million for a maximum aggregate borrowing limit of USD$250 million) in the Nordic bond market. The bonds will mature in September 2025 and have a fixed coupon of 8.50% per annum. The transaction is subject to customary closing conditions and settlement is expected to occur on September 24, 2020. BPGIC’s obligations under the bonds are guaranteed by Brooge Energy.
NEW YORK, Aug. 10, 2020 (GLOBE NEWSWIRE) — Brooge Energy Limited (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates (“UAE”), announced today its wholly-owned subsidiary, Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), is pursuing the issuance of a new 5-year senior secured bond of up to US$200 million (with potential follow-on issuances of up to US$125 million for a maximum aggregate amount of US$325 million) in the Nordic bond market.
