Monthly Archives: May 2018
Oiltanking reports mixed resul
The Marquard & Bahls Group experienced an eventful and varied year 2017 that ended with an operating result of €200m ($233.7m). Ho...
PETRONAS takes equity position
Shell Canada Energy, PetroChina Kitimat LNG Partnership, Diamond LNG Canada Ltd. and Kogas Canada LNG Ltd. today (May 31) announced th...
Lofty Gasoline Prices Cap Gaso
The recent jump in gasoline prices to nearly four-year highs is starting to erode U.S. gasoline demand relative to last year as the su...
Fujairah Weekly Oil Inventory
Oil product stocks in the Middle East's key oil hub of Fujairah fell 13.4% in the week to Monday, as inventory levels declined across ...
PetroChina to develop two more
Construction is set to begin on two more underground gas storage facilities in southwest China’s Chongqing Municipality by the end of ...
Argus Mediterranean Storage a
JV expansion announced between
Sanchez Midstream Partners LP (SMP) has executed a series of agreements with Targa Resources Corp. pursuant to which the parties have ...
Canadian government to purchas
Kinder Morgan Canada (KML) board of directors has agreed to the purchase of the Trans Mountain Pipeline system and the expansion proje...
Enterprise & Navigator st
Keyera acquires U.S. liquids t
Keyera Energy Inc., a wholly owned subsidiary of Keyera Corp., has entered into an agreement to acquire a logistics and liquids blendi...
Gazprom and Ankara sign agreem
Russia’s Gazprom has signed a protocol with the Turkish government and firm Botas on the planned gas pipeline project TurkStream that ...
Magellan Midstream to expand w
Magellan Midstream Partners plans to expand the western leg of its refined petroleum products pipeline system in Texas to handle incre...
Total states position related
On 4 July 2017, Total, together with the other partner Petrochina, executed the contract related to the South Pars 11 (SP11) project, ...
Pieridae Energy to build LNG e
Pieridae Energy Chief Executive Officer Alfred Sorensen wants to build an LNG export facility in Nova Scotia that would cost more than...
Gate LNG terminal to conduct f
The Gate LNG terminal is to conduct a feasibility study for a fourth jetty to cater for upcoming demand, according to the terminal’s C...
Total and Novatek partnership
Total has signed an agreement with Novatek outlining the terms upon which Total shall acquire a direct working interest of 10% in Arct...
Cheniere Energy to move forwar
Implico wins digital transform
At this year’s Oil & Gas Awards Implico Group, the international software and consulting company based in Hamburg, Germany, receiv...
Shell announced large, deepwat
Shell has announced a large, deepwater, exploration discovery in the U.S. Gulf of Mexico with its Dover well. The Dover discovery is S...
First crude oil arrives for Ma
The first cargo of ADNOC crude oil has arrived for Mangalore Strategic Reserves. A delegation from ADNOC and the Indian Petroleum Rese...
ExxonMobil to implement emissi
ExxonMobil has announced greenhouse gas reduction measures that are expected to lead to significant improvements in emissions performa...
JupiterMLP to begin constructi
JupiterMLP has secured the necessary permits to begin construction improvements on Liquid Cargo Dock at the Jupiter Export Terminal in...
Fujairah Weekly Oil Inventory
Oil product stocks in the Middle East's key oil hub of Fujairah rose 11.1% in the week to Monday, with inventory levels up across all ...
FOS Cavaou LNG Terminal to be
To support the sea transport industry in its efforts to combat climate change, Elengy and its subsidiary Fosmax LNG, owner of the Fos ...
Valero to import refined produ
Valero Marketing and Supply de Mexico, an indirect wholly owned subsidiary of Valero Energy Corporation, announced that it has signed ...
Oil Terminal Constanta records
Oil Terminal Constanta, the operator of state owned oil terminal in the Black Sea reported a net profit of RON16,698 ($4,321) in the f...
NDT Global appoints new Chief
Scully Signal Company shares i
Scully Signal Company has released a new corporate profile video which highlights the company’s capabilities. It includes interviews w...
Valero to purchase Pure Biofue
Valero Energy is to purchase Pure Biofuels Del Peru (PBF) from private equity firm Pegasus Capital Advisors, the company’s first infra...
LPG production commences at Vo
Volga Gas, the oil and gas exploration and production group operating in the Volga Region of Russia, has announced production of LPG h...
ADNOC collaborates with Ravago
The Abu Dhabi National Oil Company (ADNOC) today announced that it has signed a Memorandum of Understanding (MoU) with Ravago Group, a...
Mooring system on first LNG im
In 2017 Jumbo was awarded a contract by Geocean for the Moheshkhali Project. Mobilisation began in mid-December 2017 with the installa...
Profits increase sevenfold for
The state-owned company posted a net income of RUB81bn for the three-month period, up from RUB11bn in the same period last year. Reven...
New LPG bottling plant in Odis
Indian state-run oil marketing company Bharat Petroleum Corporation Ltd. (BPCL) said it is to set up an LPG bottling plant at Barkhani...
Total signs MoU for integrated
Total has signed a Memorandum of Understanding (MoU) with the Government of Oman to develop natural gas resources in Oman. This MoU co...