Cayman Island Based , Terminal: Fujairah Oil Industrial Zone UAE
+971 9 2016666
info@broogeenergy.com

Press Releases

Brooge Energy LTD Commences Hydrotesting for Phase II Storage Facility Expansion

NEW YORK, Aug. 06, 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”) through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), announced today it has commenced hydrotesting for its Phase II storage facility expansion, an important milestone that signifies the advanced stage of the terminal’s development.

Brooge Energy LTD Appoints Mr. Abu Bakar Chowdhury as Chairman of the Audit Committee

NEW YORK, July 29, 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”) through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), today announced the appointment of Mr. Abu Bakar Chowdhury, independent director of Brooge Energy Limited, as Chairman of the Audit Committee effective immediately.

Brooge Energy LTD Announces Completion of Basic Design for Phase III Facility

NEW YORK, July 15, 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”) through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), announced today MUC Oil & Gas Engineering Consultancy (“MUC”) has issued the final basic design for the Company’s planned Phase III oil storage terminals and refinery.

Brooge Energy Reports Record Revenue of $44 million for Fiscal Year 2019, an Increase of 23% Year-Over-Year

NEW YORK, June 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 Arab Emirates (“UAE”) through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), today announced its financial results for the full year ended December 31, 2019.

Brooge Energy Ltd to Host Fiscal 2019 Earnings Call on July 7, 2020

NEW YORK, June 15, 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”) through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), announced today it has filed a Form 12b-25, a Notification of Late Filing, with the Securities and Exchange Commission in order to extend the due date of its Annual Report on Form 20-F for the period ended December 31, 2019 for fifteen calendar days, as permitted by Rule 12b-25 under the Securities Exchange Act.

Brooge Energy LTD Signs Offtake Agreement with Super Major Oil Company

NEW YORK, May 04, 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”) through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), announced today it has signed an offtake contract with an oil trading company which is one of the “Super major” oil companies in the world, to provide oil storage in Phase I for an initial six month period commencing on 28th April 2020. The contract is renewable for another six months subject to agreement from both parties.

Brooge Energy Ltd Postpones Filing of 2019 Annual Report

NEW YORK, April 29, 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”) through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), announced today it has filed a Form 6-K with the Securities and Exchange Commission for an automatic 45-day extension to file its Annual Report on Form 20-F for the year ended December 31, 2019 as granted by the Securities and Exchange Commission amidst the current global pandemic.

Brooge Energy Appoints Syed Masood Ali as Acting Chief Financial Officer

NEW YORK, April 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 Port of Fujairah in the United Arab Emirates (“UAE”) through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), announced today the appointment of Syed Masood Ali as Chief Financial Officer. Saleh Yammout, former CFO, is to continue working with the Company as a board member.

BROOGE ENERGY LTD ANNOUNCES TECHNICAL STUDIES FOR REFINERY AND PHASE III OIL STORAGE TERMINALS

NEW YORK, April 22, 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”) through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), announced today that it has appointed MUC Oil & Gas Engineering Consultancy (“MUC”) to complete the basic design for a 180,000 bpd refinery and Front End Engineering Design (FEED) study for its planned Phase III oil storage terminals in Fujairah.

Brooge Energy Ltd CEO Provides Update on Operations and Company Vision in Open Letter to Shareholders

NEW YORK, April 13, 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”) through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), today issued a letter to its shareholders from its Chief Executive Officer, Nicolaas L. Paardenkooper.

BROOGE HOLDINGS ANNOUNCES SHAREHOLDER APPROVAL TO CHANGE NAME TO BROOGE ENERGY LIMITED

NEW YORK, April 07, 2020 (GLOBE NEWSWIRE) — Brooge Holdings Limited (NASDAQ: BROG) (“Brooge”), 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 subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), announced that it held an extraordinary general meeting of its shareholders today and the shareholders of Brooge approved the change of the name of Brooge to Brooge Energy Limited and the adoption of Amended and Restated Memorandum and Articles of Association reflecting the new name. Brooge expects to begin conducting business under its new name beginning tomorrow, April 8, 2020.

BROOGE HOLDINGS ANNOUNCES CHANGE OF LOCATION AND TIME OF EXTRAORDINARY GENERAL MEETING TO CHANGE NAME

EW YORK, March 25, 2020 (GLOBE NEWSWIRE) — Brooge Holdings Limited (NASDAQ: BROG) (“Brooge Holdings”) today announced that the Extraordinary General Meeting (the “Meeting”) of Brooge Holdings Limited, a Cayman Islands exempted company (the “Company”), will now be held at the BPGIC FZE Fujairah office building, Al Rugaylat Road, Fujairah, United Arab Emirates at 10:30 a.m. Eastern Time / 6:30 p.m. Gulf Standard Time on April 7, 2020.

BROOGE HOLDINGS PROVIDES UPDATE ON OPERATIONS DURING COVID-19 AND COMMODITY PRICE VOLATILITY

NEW YORK, March 24, 2020 (GLOBE NEWSWIRE) — Brooge Holdings Limited (“Brooge Holdings” 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 subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), announced today that the Company’s business and operations are continuing largely uninterrupted by the coronavirus (COVID-19) outbreak and commodity price volatility at this time.

BPGIC and FOIZ Have a Prestigious Signing Ceremony for BPGIC’s New Land Lease at London IP Week

NEW YORK, Feb. 27, 2020 (GLOBE NEWSWIRE) — Brooge Holdings Limited (“Brooge Holdings”) (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 had a prestigious signing ceremony in London during the International Petroleum week with Fujairah Oil Industrial Zone (“FOIZ”) to mark the signing of their previously announced land lease agreement.

BPGIC Signs a New Refinery Agreement

NEW YORK, Feb. 24, 2020 (GLOBE NEWSWIRE) — Brooge Holdings Limited (“Brooge Holdings”) (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 entered into a refinery agreement with its Phase I off take customer, Al Brooge International Advisory LLC (“BIA”). The Refinery Agreement provides that the parties will use their best efforts to finalize the technical and design feasibility studies for a refinery with a capacity of 25,000 bpd to be located on BPGIC’s Phase I and II land and operated by BPGIC.

BPGIC And Sahara Energy Announce Their Mutual Agreement To Discontinue Their Joint Development Project to Install a Modular Refinery at BPGIC’s Terminal

NEW YORK, Feb. 21, 2020 (GLOBE NEWSWIRE) — Brooge Holdings Limited (“Brooge Holdings”) (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 and Sahara Energy Resources DMCC (“Sahara”) have mutually agreed to discontinue their joint development project that would have resulted in Sahara’s installation of a modular refinery at BPGIC’s terminal. After conducting several technical studies over the past few months, BPGIC and Sahara decided to discontinue their joint development project