February 2018 | Storage Terminals Magazine

Jetty expansion work at Odfjel

Odfjell Rotterdam is working with the Port of Rotterdam to extend and strengthen its existing jetty to accommodate vessels of the LR2 ...

65 years for Endress+Hauser

Endress+Hauser was started 65 years ago as a two-man operation and has grown into a global Group with more than 13,000 employees. Today...

Potential LNG supply shortage

The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29...

Aegean Marine Petroleum Networ

Aegean Marine Petroleum Network expects to report a net loss of approximately $28.2m for the fourth quarte...

Valero UK to acquite Milford H

SemLogistics Milford Haven fuel storage facility on the west coast of Wales in the U.K. is set to be acquired by Valero Logistics UK...

PBF Logistics growth projects

More than $100m will be invested in a four-year organic growth plan by PBF Logistics LP that will cover the terminaling, storage and...

Hyundai Heavy Industries $58m

Hyundai Heavy Industries has won a $58m contract to build 15 LPG storage tanks to hold a total of 75,000 cubic meters of gas, local media...

Real-time monitoring

The management and monitoring of global oil inventories and storage levels has reached new heights after the launch of TankWatch, a new...

Vopak Singapore growth plans f

Vopak has released details of a number of projects planned for 2018. One being expansion at its Jakarta terminal another being expansion...

Magellan Midstream and Interco

Intercontinental Exchange and Magellan Midstream Partners have launched of an auction for a portion of multi-month Permian WTI storage...

Matrix NAC awarded Chevron mas

Matrix NAC has won a Master Products and Services Contract from Chevron Products Company for its U.S. refineries, including mechanical...

Oban Energies to build oil ref

Oban Energies has received approval from the government of the Bahamas to commence construction of an oil refinery and oil storage...

Thai ethylene plant project fo

Samsung Engineering has awarded CB&I a $95m contract for a brownfield ethylene plant at PTT Global Chemical's (PTTGC) petrochemicals...

Vopak to expand Jakarta Tank T

100,000 cubic metres of storage is being added to Vopak’s PT Jakarta Tank Terminal (JTT). The facility is a joint venture in Indonesia...

TechnipFMC’s metering and co

TechnipFMC’s new metering and control system, AccuLoad^® IV is now fully compatible with the OpenTAS terminal management sys...

Gastech 2018 received Royal an

Gastech, the global exhibition and conference at the forefront of the international gas, LNG and energy industries, is delighted to have...

Fujairah Weekly Oil Inventory

Total refined oil product stocks at the UAE port of Fujairah stood at 16.318 million barrels in the week to Monday, down 3% from the...

P&A Nigeria Oil Co formed

A Petrogress subsidiary has entered into a partnership with A&E Petroleum Co to form P&A Nigeria Oil Co. Ltd. (PANOC). The new company...

Louisiana Offshore Oil to test

The Louisiana Offshore Oil Port (LOOP) is set to begin testing loading of a supertanker for export. It said: “has moored a VLCC and...

$400m funding secured for Lotu

Lotus Midstream has secured capital of $400m from EnCap Flatrock Midstream and the Lotus management team to work on the development of...

Improved financial results for

Buckeye Partners, L.P. has reported net income attributable to Buckeye’s unitholders for the fourth quarter of 2017 of $126.3m compared to..

$500m contract for CB&I

CB&I has been awarded a contract to build a Crude Flexibility Project (CFP) valued at more than $500m in Ruwais, UAE, by Abu Dhabi...

Q4 2017 earnings from Phillips

Phillips 66 Partners LP has reported Q4 2017 earnings of $162m. Cash from operations was $238m, and distributable cash flow was $172m...

Valero EVP and CFO to retire

Valero’s Board of Directors has elected Donna Titzman, currently Senior Vice President and Treasurer, as Executive Vice President and...

Andeavor to acquire asphalt te

Delek US Holdings is selling four asphalt terminals to Andeavor for $75m. The transaction includes asphalt...

$3.1bn ADNOC investment in Ruw

The Abu Dhabi National Oil Company (ADNOC) is set to introduce crude processing flexibility at the Ruwais ...

Iron Horse JV for Tallgrass En

A joint venture has been formed by Tallgrass Energy Partners and Silver Creek Midstream to develop the Iron Horse Pipeline to transport crud

Matrix Service awarded EPFC fo

Matrix Service Inc. has been awarded an engineering, procurement, fabrication and general tank construction oversight for 12 tanks that will

Avant Energy’s $200m investm

A terminal network that will supply refined petroleum products from the Port of Altamira, Tamaulipas to the Bajio region of North-Central Me

LNG leak shuts down Sabine Pas

Pipeline and Hazardous Materials Safety Administration (PHMSA) has ordered Cheniere Energy to shut down two LNG storage tanks at its Sabine

North Sea Port to house Alpha

An eight-hectare site at the Vlissingen port area in North Sea Port is set to house a new liquid terminal being constructed by Alpha Termina

Kenai LNG plant acquired by An

Platts has reported that Andeavor has acquired the closed down ConocoPhillips' Kenai LNG plant in Alaska. A company spokesman, Scott LaBel

Fujairah Weekly Oil Inventory

Total oil product stocks at the UAE port of Fujairah were almost unchanged at 16.825 million barrels as of Monday, edging up just 0.3% on th

Pond earns safety recognition

Pond's Houston South office, located in Pasadena, Texas, was recently recognised by the Texas Department of Insurance, Division of Workers’

Cairngorm Capital acquire MJ W

MJ Wilson Group Limited, an independent U.K. distributor of process instrumentation and control products, has been acquired by Cairngorm Ca

$19.7bn 2017 earnings for Exxo

The Exxon Mobil Corporation has announced estimated 2017 earnings of $19.7bn compared with $7.8bn in 2016. U.S. federal tax reform in the fo