Monthly Archives: October 2016
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...
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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