March 2018 | Storage Terminals Magazine

FPS urges Scottish Government

The Federation of Petroleum Suppliers (FPS), the trade association for the UK oil distribution industry, has urged the Scottish Environment

Britain snubs calls from gas i

Reuters has reported that Britain has snubbed calls from the gas industry for an urgent review of the country’s gas storage capacity after a

New mobile app for intermodal

A new ground-breaking mobile app for intermodal tank operators has been launched following high levels of customer demand for increased digi

Petrofac wins SRU contract in

Hindustan Petroleum Company (HPC) has awarded Petrofac a $200m EPC contract for a Sulphur Recovery Unit (SRU) for the Visakh Refinery ...

Pivotal delivers first LNG to

Pivotal LNG (Pivotal) has made its first delivery of LNG to the National Aeronautics and Space Administration (NASA) after earning the...

Keller at StocExpo

At StocExpo Europe, the largest international event for the tank terminal industry, taking place from March 20 – 22 in Rotterdam, Kell...

ADNOC and Total

The Abu Dhabi National Oil Company (ADNOC) has sold stakes in two of Abu Dhabi’s new offshore concessions to Total; a 20% interest in ...

OMV buys Shell’s Upstream bu

OMV, an oil and gas company based in Vienna, is to buy Shell’s Upstream business in New Zealand for $578m. It comprises joint venture inter

Benbecula buys Loadtec Enginee

Benbecula Group, a privately funded group of companies based in Newcastle Upon Tyne has acquired Loadtec Engineered Systems, In Contro...

ETP and Satellite form Orbit

Energy Transfer Partners and Satellite Petrochemical USA have entered into definitive agreements to form a joint venture, Orbit Gulf C...

Saudi shipyard moves forward

Lamprell has provided an update on its participation in the joint venture (JV) with its partners, Saudi Aramco Oil Company, the Nation...

TPG splashes $2.6bn on EnerVes

TPG Pace Energy Holdings Corp, an energy-focused special purpose acquisition entity led by former Occidental Petroleum Corporation CEO...

Kinder Morgan Canada’s Base

Kinder Morgan Canada has successfully completed the construction of two additional tanks at its Base Line Terminal ahead of schedule. The t

SPI and Mitsubishi sign Memora

Summit Power International (SPI) has signed a Memorandum of Understanding (MoU) with Mitsubishi Corporation to develop a $3bn LNG-to-power p

PCS officially opens its new n

Petrochemical Corporation of Singapore (PCS) has officially inaugurated its new US$80m Naptha Import Facilities. The facilities include eigh

Investment Opportunities

Abundant natural gas reserves in Russia and a few CIS countries offer ample opportunities for the development of chemical and gas chemical i

POT chooses Emerson

Pin Oak Terminals is to start delivering automated ticketing, tank inventory reconciliation, and provide greater invoicing accuracy of hydro

NGL and Magnum JV for Sawtooth

NGL Energy Partners LP and Magnum Liquids, LLC, a portfolio company of Haddington Ventures LLC, along with Magnum Development, LLC and other

Yokogawa China to supply GCs f

Yokogawa China Co., a subsidiary of Yokogawa Electric, is to supply the gas chromatographs for the first phase of a project to construct an

Stolthaven completes first Chi

Stolthaven Terminals recently completed the first export in northern China of bulk liquid used cooking oil (UCO) at its joint-venture ...

Delegates to learn how and whe

Storage is a seemingly stable business, but as new technologies, new ideas and new practices develop, there is no place for complacency as c

KN volumes 21.5% up on previou

Klaipėda and Subačius terminals of KN (AB Klaipėdos nafta), the oil and liquefied natural gas (LNG) terminal operator, reloaded 18.4% more c

New quick-connect overfill pre

A new quick-connect overfill prevention system has completed an extensive three-year field trial on tank trailers entered full-scale product

Increasing capacity positions

LNG is projected to dominate U.S. natural gas exports by the early-2020s, according to data released by the Energy Information Administratio

Fujairah Weekly Oil Inventory

Total oil product stocks in Fujairah were 16.712 million barrels as of Monday, up 4.6% on the week, after heavy distillates rebounded from l

U.S. exports of oil products a

U.S. seaborne export of oil products (materials derived from crude oil) reached the highest annual level ever, in terms of volume and tonne

Medical Expert Praises Crushed

At a hearing that took place on February 27, 2018, in Washington, D.C., Congressman Bobby Scott asked Former Occupational Safety and Health

China Gas Storage

Lack of storage facilities contributed to China’s gas shortages this winter and tax breaks for the construction of storage facilities must b

Columbia is set to construct 1

The Cámara Colombiana de la Infraestructura, or Colombian Chamber of Infrastructure, shows three tenders have already been made, another eig

Fourth storage tank on track f

Construction of Singapore LNG's fourth storage tank set to be completed by the first half of 2018, the city-state's trade minister told dele

SemGroup continues with planne

SemGroup Corporation has reached an agreement to sell its SemLogistics business unit, a petroleum storage facility in the United Kingdom, to

Livorno LNG Terminal created t

The project for the construction of the first liquefied natural gas terminal on the Tyrrhenian coast has been launched. The newly formed...

Storage Terminals must protect

The risk of cyber attacks in the logistics and shipping industries continues to be a considerable threat, with recent attacks on Maersk...

Storage faces big questions on

The global 0.50% sulphur cap on marine fuel comes into force from January 1, 2020, leaving the storage sector with big questions on how to..

First LNG exported from Cove P

The first vessel exporting LNG from the newly constructed Dominion Energy Cove Point LNG terminal in Maryland, departed on March 1, 2018...

Fujairah Weekly Oil Inventory

Total oil product stocks in Fujairah were 15.978 million barrels as of Monday, down 4.7% on the week, after heavy distillates fell to a...