China demand drops back

China’s apparent oil demand in August 2016 contracted by 4.3 percent from the same month last year to 10.76 million bpd, according to an ...
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Bidders line up for OMV Turkis

Bloomberg is reporting that Vitol SA and Trafigura Group Pte are among initial bidders for OMV AG’s Turkish fuel retailer OMV Petrol Ofis...
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Grays Harbor secures credit

REG Grays Harbor, LLC, a wholly-owned subsidiary of Renewable Energy Group, has secured an additional US$5 million credit facility from U...
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Fauji adds tankage at Qasim

Fauji Oil Terminal and Distribution Company (Fotco) and Trans Group are investing US$25 million in a new oil storage facility of 100,000 ...
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Oiltanking buys Copenhagen Air

Oiltanking GmbH subsidiary Oiltanking Copenhagen has increased its jet fuel storage capacity at Copenhagen Airport by acquiring the fo...

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Comfort facility for NGL Energ

07.10.16. NGL Energy Partners has acquired a crude oil and condensate marine terminal from Pelorus Terminal. Point Comfort Terminal is lo...
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Neste Jacobs completes Pori pr

07.10.16. Neste Jacobs has successfully carried out the engineering, procurement and construction management (EPCM) for the Skangas’ LNG ...
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Hamriyah storage opens

07.10.16. A US$100 million petroleum storage terminal has been opened in Sharjah’s Hamriyah Free Zone to serve oil trading, manufacturing...
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