April 2018 | Storage Terminals Magazine

Petrobras intends to sell a 60

Petrobras intends sell a 60% operating stake in four oil refineries, including the freshly built Refinaria do Nordeste, under its recentl...

Marathon Petroleum Corp. and A

Marathon Petroleum Corp. (MPC) is to become the top U.S. refiner after a $23.3bn merger deal with Andeavor (ANDV) has been struck. MPC...

Permastore announces new strat

Permastore has announced a new partnership in the UK with A&J Fabtech for the distribution of the full range of Permastore products to....

Premium plate wins

Premium Plate, a TF Warren Company, has been awarded an eight-tank project consisting of 186 tonnes of steel, located in Camp Hill, PA...

Crude oil exports up in Saudi

Saudi Arabia’s crude oil exports increased to 7,251 million barrels per day (bpd) in February from 7,170 million bpd in Jan, official...

JGC and Fluor win LNG Canada p

Japan’s JGC Corp and U.S. firm Fluor have won tenders for the design and build the $14bn LNG Canada liquefied natural gas project...

Phillips 66 to go ahead with W

Phillips 66 Partners announced that it has received sufficient binding commitments on an initial open season to proceed with construction...

Phinma revives plans for LNG t

Phinma Petroleum and Geothermal Inc. (PPGI) is to revive plans to build an LNG integrated terminal in Cebu, Philippines. The firm...

CB&I first quarter earnin

CB&I has announced a 78 percent increase in net income to $43.9m in the first quarter compared with the same period last year. Backlog...

CB&I awarded EPFC contrac

CB&I has been awarded a contract valued at nearly $35m by a leading Canadian infrastructure company for the engineering, procurement...

Construction at Namibia’s fi

Construction of the N$5.6bn ($4.5m) national oil storage facility at Walvis Bay, Namibia, is 95% complete and scheduled for completion in...

BPGIC: Phase two begins at Fuj

Brooge Petroleum and Gas Investment Company (BPGIC) is to commence construction on the second phase of its crude and oil products storage...

Three new board members for Oi

Oil & Gas UK has appointed three key leaders in the upstream industry to the board. The bring with them years of expertise in oilfield...

Implico’s OpenTAS Certified

Implico’s OpenTAS terminal management system has now been certified for use with the new EMCS Release 2.3, which becomes mandatory from...

Fujairah Weekly Oil Inventory

Total oil product stocks in Fujairah stood at 19.451 million barrels as of Monday, up 7.3% from a week earlier, reaching a seven-month...

Genscape increases storage mon

Genscape has added six storage facilities to its Louisiana Gulf Coast Crude report. The expansion adds 14.5 million barrels (bbls) of...

Buckeye JV to develop South Te

Buckeye Partners has formed a joint venture with Phillips 66 Partners and Andeavor to develop a new deepwater, open access marine terminal i

Operations commence at Lukoil

Lukoil has announced the commissioning of its 8 billion cbm Gas Processing Complex at the Kandym fields cluster in Uzbekistan. The construc

Construction to go ahead at Sh

Shell Offshore has announced the final investment decision for Vito, a deepwater development in the U.S. Gulf of Mexico. This decision sets

TankTerminals.com brings new a

TankTerminals.com, the world’s largest database on independent and commercial tank storage facilities, will launch a new and improved dat...

TNPA to launch open tenets for

Transnet National Ports Authority (TNPA) in South Africa has announced plans to open the door for greater participation of tenants in ...

BP NZ Nelson Terminal refurb a

New Zealand Oil Services Limited (NZOSL) is completing the expansion and refurbishment of an existing BP tank at its Nelson terminals....

IBIA’s best practice guideli

The first edition of IBIA’s Best practice guidance for suppliers for assuring the quality of bunkers delivered to ships was welcomed by the

MPC selects Fluor for Galvesto

U.S.-based Fluor Corporation announced last week that it was selected by a division of Marathon Petroleum Corporation (MPC) to execute the e

Shipping industry must optimis

The shipping industry must optimise maritime trade operations and capacity utilisation and improve energy efficiency much faster than curren

Aramco & Total ink MoU fo

Saudi Aramco and Total have signed a Memorandum of Understanding to construct a giant petrochemical complex in Jubail, Saudi Arabia. The co

U.S. petroleum demand at its h

U.S. petroleum demand reached 20.6 million barrels per day (mbpd) in March, the highest level since 2007. The American Petroleum Institute

Vopak expands its Botlek termi

Vopak Rotterdam Botlek is investing in 15 state-of-the-art stainless steel tanks for the storage of Styrene. The tanks, comprising 63,000 c

Sinopec’s Tianjin LNG termin

Sinopec’s newly built Tianjin LNG terminal has started commercial operations. The terminal has capacity to receive 3 million mt per year...

Indian Oil signs regasificatio

Adani Ports and Special Economic Zone (APSEZ), India’s leading port infrastructure developer and part of the Adani Group, has signed a...

Fujairah Weekly Oil Inventory

Total oil product stocks in Fujairah stood at 18.134 million barrels as of Monday, down 2.6% or 486,000 barrels from a week earlier...

Vopak announces first quarter

Royal Vopak has reported 7.78% decrease in revenues in the first quarter to €316.2m ($391.1m) compared with €341.8m ($422.8m) in the same...

Stolthaven Terminals first qua

Steady improvement in performance driven by increased utilisation and ongoing operations enhancements are expected at Stolhaven Terminals...

Enterprise Products continues

Enterprise Products Partners has purchased a 65-acre waterfront site on the Houston Ship Channel that will serve as the next phase of...

Several wins for Tarsco at STI

Tarsco, a subsidiary of TF Warren, claimed a string of awards at the recent STI/SPFA Awards Banquet in Chandler, Arizona. Tarsco - Linde...

Buckeye Texas Terminal loads i

Modifications to the Buckeye Texas Terminal has seen the successful loading of its first Suezmax class oil tanker. Buckeye Partners and...