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STORAGE TERMINALS NEWS


OTI acquisition

Hass Petroleum Group has sold 40% of its shares to Oman Trading International (OTI) in a move that will see the Kenyan oil marketing company embark on its strategic Read Article…

LNG Croatia

The Government of the Republic of Croatia has put its weight behind the construction on an LNG terminal on the Island of Krk in the northern Adriatic Read article…

Gulf Oil leadership

Gulf Oil has appointed Eric Johnson as its new President and Chief Executive Officer. Eric is a 26-year veteran of the energy industry with extensive executive Read article…

KN expands

The Klaipėda oil terminal is set to expand its light oil products’ storage tank park and build new storage tanks to increase the competitiveness of the Lithuanian Read Article…

Vitol buys Petrol Ofisi

Vitol has announced that VIP Turkey Enerji AS, a subsidiary of Vitol Investment Partnership Ltd has completed its acquisition of OMV Petrol Ofisi Holding Read article…

Sri Lanka LNG terminal

Industry sources have reported that Petronet and a Japanese company are to set up a joint venture to construct a $250 million LNG import terminal in Sri Lanka Read article…

Eni in Mozambique

The Republic of Mozambique and Eni have launched the Coral South LNG project implementation phase. Coral South is the first project in the development of the Read Article…

New LPG import facility

Petredec Limited and Bidvest Tank Terminals have entered into an agreement to develop a new facility for the import and storage of LPG in Richards Bay Read article…

TNI at ILTA

The Tank News International team was out in force at the 37th annual ILTA event last week and couldn’t have been any happier with the reception they, and the Read article…

SemGroup’s acquisition

The SemGroup Corporation has executed a definitive agreement to acquire Houston Fuel Oil Terminal Company (HFOTCO), one of the largest oil terminals Read Article…

Raftaar Terminals

UAE-based ATS has opened a new tank storage terminal at the New Mangalore Port, India under the name of Raftaar Terminals. The facility is the only terminal Read article…

Tallgrass Energy plans

Tallgrass Energy Partners, LP, through its subsidiaries Tallgrass Terminals, LLC and Tallgrass Pony Express Pipeline, LLC has signed an agreement with Saddle Read article…

Contanda growth

Contanda, a bulk liquids storage company with locations across the US, is expanding its Baltimore facility. Foundations have been laid for three new 5,000 barrel Read Article…

€2.3m investment

MOL Romania, the local branch of the MOL Group, has invested €2.3m in the construction of an LPG terminal at Tileagd in Bihor County. The terminal Read article…

New Commercial Manager

Vesta Terminals, an independently operated company that offers its customers storage and transhipment, primarily for crude oil, refined petroleum products Read article…

Oiltanking in Iran

Oiltanking GmbH has expanded its investment in the port of Bandar Imam Khomeini in Iran by acquiring an additional stake of the indirect ownership Read Article…

Viva and Shell deal

One of Australia’s leading manufacturers and suppliers of quality fuels, Viva Energy Australia, has completed its purchase of Shell Aviation Australia for US Read article…

TechnipFMC contract win

TechnipFMC, together with JGC Corporation and Samsung Heavy Industries, all partners in the TJS Consortium where TechnipFMC is leader, has been Read article…

ITOCHU acquisition

The ITOCHU Corporation, through its wholly-owned subsidiary, ITOCHU Petroleum Co., has reached an understanding with Aegis Logistics Limited to purchase Read Article…

Framo and Höegh

Framo has signed a contract with Höegh LNG for the delivery of pumping systems to their new Floating Storage Regasification Unit (FSRU). The contract Read article…

An alternative

Floating roof tanks offer several advantages over fixed roof tanks; however, a common pain point users must face is failure as a result of rainwater accumulation Read article…

QP LNG production

Qatar Petroleum (QP) has signed an agreement with Chiyoda Corporation to conducting a study to identify the modifications required to increase the capacity of Qatar’s Read Article…

Globaltherm in TX

Globaltherm has completed the insulation of a stainless steel storage tank in Baytown, Texas. The insulation system consists of prefabricated materials for storing Read article…

Rotork actuators in the ME

Rotork fluid power valve actuators have been ordered for multiple applications at a new grassroots refinery under construction in the Middle East. With Read article…

Valero investments

Valero Energy Corporation is on track to invest $2.7bn in its infrastructure this year according to latest reports. $1.1bn has been earmarked for company growth Read Article…

Motiva investment

Saudi Aramco-owned Motiva Enterprises has embarked on an $18bn growth journey that aims to make it the safest and most profitable downstream Read article…

Pond and MMC at LAS

Pond, together with MMC, has recently completed a fuel facility expansion project at the McCarran International Airport. The airport serves the city of Las Vegas Read article…

Tarsco VP

Tarsco has a new Vice President of Engineering and Estimating –  Mario Gutierrez. With more than 35 years of sales, operations, engineering and estimating experience Read Article…

Woodfibre LNG deal

Woodfibre LNG Export has signed a Heads of Agreement (HoA) with Guangzhou Gas Group Co concerning potential LNG offtake of 1 mtpa of the LNG for 25 years Read article…

Emerson TerminalManager

Emerson Automation Solutions has released TerminalManager, the next-generation software for managing all terminal operational and commercial activity Read article…

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