CLH enters UK

Spain’s CLH has acquired the GPSS (Government Pipeline and Storage System), the largest oil distribution network in the United Kingdom fo...
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Delek signs up for RIO

Rangeland Energy has secured a long term agreement with a subsidiary of Delek US Holdings to be an anchor shipper of crude oil on the Ran...
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Rotterdam, LBC in new jetty ve

Port of Rotterdam and LBC Tank Terminals have reached a long term agreement for the construction of a new jetty at the LBC terminal in Bo...
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First Suezmax ship calls Odfje

On 19 March, the first Suezmax tanker ever to dock in Rotterdam’s Third Petroleum Harbour called at Odfjell Terminals. Never before had a...
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CME launches new futures contr

Derivatives marketplace CME Group, LOOP LLC, and NEO Markets, Inc have reached an agreement to develop the first ever physically deliv...

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Cushing stocks record

Crude oil inventories at Cushing, Oklahoma, hit an all-time high on Tuesday 10 March 2015, surpassing the previous all-time high set in 2...
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Sri Lanka, India Partner on st

Sri Lanka’s state-owned Ceylon Petroleum Corporation (CPC) and the local subsidiary of Indian Oil Corp have agreed to develop a strategic...
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Moda equity commitment

Moda Midstream has secured an initial equity commitment of US$750 million from EnCap Flatrock Midstream and the Moda management team. ...
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Rubis in W Africa bitumen mark

Rubis has signed an agreement to acquire Eres, one of the main independent specialists in the supply, transport and logistics of bitumen ...
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Tank Storage Germany2015

Tank Storage Germany brings the European bulk liquid storage industry together, allowing leading manufacturers & suppliers to showcase...
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PAA buys Legion terminal

Plains All American Pipeline (PAA) has acquired Legion Terminals, LLC, which owns a crude oil terminal under construction in Johnson’s...

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Vopak signals earlier recovery

Vopak EBITDA increased by 1 percent to €763 million for the year 2014, excluding exceptional items, (2013: €753 million). The group sa...

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3i stake in Oiltanking termina

Oiltanking GmbH is selling a 45 percent stake in both Oiltanking Terneuzen BV, the Netherlands, and Oiltanking Ghent NV, Belgium, to 3...

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Dragon on course

In its latest annual report Dragon Oil said it is on target to quadruple storage capacity at its central processing facility in Turkme...

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Delta jetty completion

Delta Rubis has almost completed the jetty infrastructure at its Ceyhan Terminal, on Turkey’s Mediterranean coast. The company...
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Jacob Stolt-Nielsen passes

Jacob Stolt-Nielsen passed away Sunday 15 February at the age of 83.  He founded Parcel Tankers Inc in 1959 and pioneered the global t...

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Fujairah Oil Terminal inaugura

Fujairah Oil Terminal FZC was officially inaugurated this week by H.H. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ru...
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Fujairah Oil Terminal receives

Fujairah Oil Terminal (FOT) received its first cargo of light distillates in February. The start of operations makes the terminal the fir...
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Midland benchmark

Platts has launched a new price assessment that reflects the value of West Texas Intermediate Midland crude oil at the Magellan East Hous...
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Grains to liquids

Australian agribusiness GrainCorp has opened a liquid terminal storage at Port Kembla, New South Wales.  The A$20 million storage tanks w...
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Enterprise Products Partners a

Enterprise Products Partners, Anadarko Petroleum Corporation, DCP Midstream Partners and MarkWest Energy Partners have fo...

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