reports
Brooge Energy Ltd. Announces Receipt of Nasdaq Non-Compliance Letter
Brooge Energy Ltd. Announces Receipt of Nasdaq Non-Compliance Letter NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”) is a Cayman Islands-based infrastructure provider, which is engaged in Clean Petroleum Products and Biofuels and Crude Oil storage and related services. The Company conducts the business and operations through its subsidiary Brooge Petroleum and Gas Investment Company FZE (BPGIC), which is strategically located outside the Strait of Hormuz at the Port of Fujairah in the Emirate of Fujairah in the UAE. The Company announced t...
Brooge Energy Appoints Two New Members to the Board of Directors
Brooge Energy Appoints Two New Members to the Board of Directors NEW YORK, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced the appointment of Alexander Lawson and Guy Wall to the Board of Directors, effective December 14, 2023. Dr. Yousef Al Assaf has resigned as Chairman and Director of the Board of Directors effective December 11, 2023. Alexander Laws...
Brooge Energy Limited Appoints Freshfields Bruckhaus Deringer as Legal...
Brooge Energy Limited Appoints Freshfields Bruckhaus Deringer as Legal Advisor for the Gulf Navigation Holding PJSC Acquisition Offer NEW YORK, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, announced today that it has engaged the services of Freshfields Bruckhaus Deringer (“Freshfields”), a renowned global law firm, as its legal advisor to advise on the acquisition transacti...
GULFNAV Submits Proposal to Acquire All of the Businesses and Assets o...
GULFNAV Submits Proposal to Acquire All of the Businesses and Assets of Brooge Energy Limited NEW YORK, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced receiving a formal proposal submitted by Gulf Navigation Holdings PJSC (“GULFNAV”), the Dubai Financial Market listed maritime and shipping company, to acquire fully all of the businesses and assets from Brooge...
Brooge Energy Reports 2023 First Six Months Revenue of USD 62.9 Millio...
Brooge Energy Reports 2023 First Six Months Revenue of USD 62.9 Million, an Increase of 122% as Compared to 2022 First Six Months Total comprehensive income for the period totaled USD 37.4 million or USD 0.42 per basic and diluted earnings per share Global demand for oil storage drives higher fixed storage rates Management will host a conference call on Monday, October 9th at 10 a.m. ET NEW YORK, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a Cayman Islands-based infrastructure provider, which is currently engaged in clean pet...
Brooge Energy Announces CEO Transition
Brooge Energy Announces CEO Transition NEW YORK, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, announced today that the Board of Directors has commenced a search for a permanent CEO after Lina S. Saheb has resigned from her positions as interim CEO and a member of the Board of Directors of Brooge Energy Limited and all its subsidiary companies, effective August 8, 2023. M...
Brooge Renewable Energy Limited Successfully Concludes Feasibility Stu...
Brooge Renewable Energy Limited Successfully Concludes Feasibility Study for Green Ammonia Project, Ushering in a Bright and Sustainable Energy Future in UAE NEW YORK, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Brooge Renewable Energy Ltd, (“BRE” or the “Company”) (NASDAQ: BROG), a Cayman Islands-based and wholly-owned subsidiary of Brooge Energy Limited focused on providing green energy related infrastructure intended to accommodate the necessary energy transfer from fossil fuels into energy produced from renewable resources, announced today the successful completion of the Feasibility Study for ...
Brooge Energy Regains Compliance with the Nasdaq Listing Standards
Brooge Energy Regains Compliance with the Nasdaq Listing Standards NEW YORK, May 01, 2023 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, announced today that it has received formal notice, dated April 27, 2023, (the “Notice”) from the Nasdaq Hearings Panel of The Nasdaq Stock Market LLC, stating that the Company is in compliance with Listing Rule 5250(c)(1) as a result of filing its Form 2...
Brooge Energy Reports 2022 Revenue of USD $81.5 Million, an Increase o...
Brooge Energy Reports 2022 Revenue of USD $81.5 Million, an Increase of 95% Year-Over-Year, and Provides Outlook for 2023 Management is providing revenue guidance for 2023 of over USD $125 million Management will host a conference call on Thursday, May 4th at 10 a.m. ET NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, announced today its financial results for the y...
Brooge Energy Announces Completion of Technical Study by thyssenkrupp ...
Brooge Energy Announces Completion of Technical Study by thyssenkrupp Uhde for Green Ammonia Plant NEW YORK, April 05, 2023 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, announced today that the technical study of its Green Hydrogen and Green Ammonia plant conducted by thyssenkrupp Uhde (“thyssenkrupp”) has been completed and delivered. On September 21, 2022, Brooge Energy announced th...
Brooge Energy Ltd Recognized for Multiple Awards at The Global Ports F...
Brooge Energy Ltd Recognized for Multiple Awards at The Global Ports Forum Awards Ceremony in Dubai on March 28th Company Wins “Best Specialist Liquid Bulk Terminal of the Year 2023” and “Safe and Secure Terminal of the Year” NEW YORK, March 30, 2023 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, announced today that it has been awarded “Best Specialist Liquid Bulk Terminal of the Year 2...
Brooge Energy Ltd Announces Unaudited 2022 Financial Results and 2023 ...
Brooge Energy Ltd Announces Unaudited 2022 Financial Results and 2023 Revenue Guidance for Operating Subsidiary BPGIC FZE Unaudited 2022 total revenue, operating income and net income totaled US$79.2 million, US$48.3 million and US$26.2 million respectively Management is forecasting total revenue of US$125 million for 2023, an increase of approximately 58% year-over-year NEW YORK, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels...
A Step Toward a Greener Future - Brooge Renewable Energy Ltd and Sieme...
A Step Toward a Greener Future - Brooge Renewable Energy Ltd and Siemens Energy Announce Partnership at the 2023 World Government Summit to Pioneer Green Hydrogen and Ammonia Initiative in Abu Dhabi NEW YORK, Feb. 15, 2023 (GLOBE NEWSWIRE) -- (“Brooge Energy” or the “Company”) (Nasdaq: BROG), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced a partnership through the company’s subsidiary Brooge Renewable Energy (“BRE”) with (“SE”), one of the world’s largest ene...
Brooge Energy Ltd Announces Receipt of Anticipated Nasdaq Delinquency ...
Brooge Energy Ltd Announces Receipt of Anticipated Nasdaq Delinquency Notice for which the Company Intends to Include in its Nasdaq Prior Granted Extension NEW YORK, Jan. 13, 2023 (GLOBE NEWSWIRE) -- Brooge Energy Ltd (“Brooge Energy” or the “Company”) (Nasdaq: BROG), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced that on January 11, 2023, the Company received an additional notice of non-compliance from the Listing Qualifications Staff (the “Staff”) of The Nasda...
Brooge Energy Ltd Announces Extended Nasdaq Stay
Brooge Energy Ltd Announces Extended Nasdaq Stay NEW YORK, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”) (Nasdaq: BROG), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced that on November 22, 2022, the Company was notified that the Nasdaq Hearings Panel (the “Panel”) had granted its request to continue trading of Brooge Energy’s securities on Nasdaq at least through the completion of the Company’s hearing before the Panel a...
Brooge Energy Ltd Announces Receipt of Nasdaq Staff Determination Lett...
Brooge Energy Ltd Announces Receipt of Nasdaq Staff Determination Letter NEW YORK, Nov. 04, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”) (Nasdaq: BROG), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced that it has received a staff determination letter (the “Letter”) from The Nasdaq Stock Market (“Nasdaq”) dated October 31, 2022. The Company intends to request a hearing before a Nasdaq Hearings Panel (the “Panel”) at which it will...
Brooge Energy Ltd Engages Grant Thornton as Independent Advisor to Pro...
Brooge Energy Ltd Engages Grant Thornton as Independent Advisor to Provide Fairness Opinion on Proposed Go-Private Transaction NEW YORK, Oct. 28, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced that it has engaged Grant Thornton Financial Advisors LLC, a subsidiary of Grant Thornton LLP, as an independent financial advisor to provide an opinion to the special committee of the Board o...
Brooge Energy Ltd Announces Unaudited Financial Results for the Nine M...
Brooge Energy Ltd Announces Unaudited Financial Results for the Nine Months Ended September 30, 2022 NEW YORK, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced its unaudited financial results for the nine months ended September 30, 2022. Unaudited Financial Results for the Nine Months Ended September 30, 2022: Total Revenue: $51.8 millionOperating Profit: $23.1 million (...
Brooge Energy Ltd Appoints Firoze Kapadia as Independent Board Member ...
Brooge Energy Ltd Appoints Firoze Kapadia as Independent Board Member and Regains Compliance with NASDAQ Listing Rule 5605(b)(1) NEW YORK, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced the appointment of Firoze Kapadia as independent board member of the Company and regaining compliance with NASDAQ Listing Rule 5605(b)(1), which requires the Company’s board of directors to b...
Brooge Energy Ltd Engages Thyssenkrupp Uhde to Undertake a Technical S...
Brooge Energy Ltd Engages Thyssenkrupp Uhde to Undertake a Technical Study for its Planned Green Hydrogen and Ammonia Plant in the UAE Using the Latest Technology NEW YORK, Sept. 21, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, announced today that it has engaged thyssenkrupp Uhde, a leading German chemical technology and EPC provider, including climate protection, to undertake the technical stud...
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