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STORAGE TERMINALS NEWS


Pembina & KM

Kinder Morgan has agreed to sell the U.S. portion of the Cochin Pipeline to Pembina Pipeline Corporation and Kinder Morgan Canada Limited (KML) for a total Read Article…

Motiva & Flint Hills

Motiva Enterprises and an affiliate of Flint Hills Resources announced that they have signed an agreement for Motiva, the U.S. refining arm of Saudi Aramco, to acquire Read article…

Oil data

As of Monday, August 19 total oil product stocks in Fujairah stood at 19.898 million barrels. Stocks drew by 1.355 million barrels week on week, falling back below Read article…

Koole, eVision

Koole Terminals has chosen Wolters Kluwer’s eVision to provide integrated cloud-hosted Control of Work software for three of its facilities, all of which are located in Rotterdam Read Article…

Odfjell Q2

Odfjell SE today reported its results for the second quarter of 2019. The results reflect an improving chemical tanker spot market and improved contract renewal rates Read Article…

Calcasieu Pass LNG

Venture Global LNG, Inc. has announced the final investment decision (FID) and closing of the project financing for the company’s Calcasieu Pass LNG Read article…

BHGE & Calcasieu

Baker Hughes (BHGE) has been awarded a contract and granted notice to proceed on the construction of its comprehensive LNG technology solution for Venture Read article…

Cameron LNG

McDermott International, Inc. has announced the beginning of commercial operation with Train 1 at the Cameron LNG facility by joint owners Sempra LNG Read Article…

Anova advisor

Anova has appointed industry veteran, William (Bill) Kroll, as its first advisor to support the company through a period of immense expansion. In April of this year, Anova Read article…

Oil Terminal 2019

The 14th Annual Technical Conference and Exhibition Oil Terminal 2019 will be held on 28-29 November in Saint-Petersburg. This event has historically been the definitive Read article…

Zeebrugge utilisation

During the first half of 2019, the number of ships docking at the Zeebrugge LNG terminal rose by 123 percent compared to the same period in 2018. Fluxys Belgium Read Article…

M&B focus

Marquard & Bahls AG is selling its stake in natGAS AG, Potsdam, to the former co-shareholder Friedrich Scharr KG, Stuttgart, subject to approval by the antitrust Read article…

Cheniere Q2

Cheniere Energy reported a net loss of $114 million for the three months ended June 30, 2019, compared to a net loss of $18 million, for the comparable Read article…

Gulf Coast PDH

McDermott International has been awarded a contract by PetroLogistics ll to perform the front-end engineering design (FEED) services for a propane dehydrogenation Read Article…

Yamal milestone

Yamal LNG announced that it has shipped its twentieth million ton of LNG since the commencement of the project. The new Arc7 ice-class tanker Vladimir Voronin Read article…

Hempel appointment

Worldwide coatings manufacturer Hempel has appointed Nigel Shewring as its new Group Director of Research & Development (R&D). Nigel joins the company to ensure Read article…

Petroleum demand

Total U.S. petroleum demand averaged 20.8 million barrels per day (mb/d) in July 2019, which represented a 0.9 percent year-over-year increase and the highest Read Article…

NuStar & Cactus II

NuStar Energy has received its first shipment of Permian crude at its Corpus Christi North Beach Terminal. It will be the first terminal to load the first cargo of the long-haul Read article…

Tank insulation

The Global tank insulation market is predicted to value over $7 billion by 2026 end and grow at a CAGR of over 4 percent during the forecast period 2019 to 2026 Read article…

Kinder Morgan projects

Kinder Morgan, Inc. (KMI) has announced a series of projects, totalling over $170 million of capital investment, that will increase efficiency, add product liquidity Read Article…

NGL assets sale

NGL Energy Partners has announced it has signed a definitive agreement to sell TransMontaigne Product Services (TPSL) and associated assets to a strategic Read article…

Stena’s fuel

Stena Oil has announced that it can as of now supply fuel oil with less than 0.5% sulphur content. The fuel oil is available by barge in the Skaw – Gothenburg range Read article…

Clough EPC project

Clough USA has announced it has secured a Limited Notice to Proceed (LNTP) for a confidential Petrochemical EPC project in the U.S. market. Full Notice to Proceed Read Article…

O&G contracts

The global oil and gas industry’s total contract value reached $42 billion in Q2 2019, a massive 79 percent increase on Q1’s value of $23.4 billion according to Read article…

TSA 2019

The most prominent challenges, developments and solutions in the Asian bulk liquid storage industry have been announced as the focus of Tank Storage Asia Read article…

Safety Awards

STI/SPFA announced companies receiving Safety Awards for 2018 during the 2019 STI/SPFA Annual Meeting Award Dinner held July 20 in Avon, Colorado Read Article…

Cactus II crude

Trafigura Trading LLC, and Buckeye Partners, L.P. announced that Trafigura has received its first delivery of Permian crude oil from Plains All American’s Cactus II Read Article…

Aramco & Reliance

Saudi Aramco is set to take a 20 percent stake in Reliance Industries’ refining and petrochemical businesses. The terms of the deal are yet to be finalised, but Read article…

MMLP pipeline

Martin Midstream Partners (MMLP) has announced the sale of its East Texas Pipeline to an undisclosed buyer. The net proceeds of approximately $17.5 million will be used Read article…

Inter Terminals sale

Inter Pipeline has announced it is exploring the potential sale of Inter Terminals, its European bulk liquid storage business. Should a sale be completed, proceeds Read Article…