Monthly Archives: July 2018
Asia’s energy needs on the a
Singapore is set to host industry leaders at the upcoming Tank Storage Asia, as the exhibition and conference returns to the Marina Ba...
Century Petroleum announces ne
Century Petroleum Corp has announced the company’s Board of Directors and majority shareholders have voted to officially change the Co...
Three crude oil tanks on fire
It has been reported that three crude oil tanks have caught fire at the Kemaman Bitumen Company (KBC) facility at the Teluk Kalong ind...
TSA reiterates call for govern
In recent days several major employers in the UK including Airbus, BMW and Jaguar Land-Rover have raised concerns over the lack of inf...
St. Croix oil refinery plans t
ArcLight Capital Partners, a private equity firm, has reached a deal with the U.S. Virgin Islands (USVI) to reopen the Hovensa refiner...
McDermott appoints new Executi
McDermott International, Inc. has appointed Samik Mukherjee as its new Executive Vice President and Chief Operating Officer (COO), eff...
Fujairah Weekly Oil Inventory
Oil product stocks at the Middle East's key oil hub of Fujairah jumped nearly 10% in the week to Monday, reaching their highest level ...
Stolt-Nielsen reports decline
Stolt-Nielsen Limited (SNL) has reported its net profit fall to $9.5m in the second quarter, with revenue of $541m, compared with a ne...
Genscape: Syncrude outage impa
On June 20, the 350 Mb/d Syncrude Upgrader experienced a power trip on a transformer forcing the production facility to shut, accordin...
INEOS to develop 2 petrochemic
INEOS is to invest €2.7bn to develop a world scale ethane cracker and a PDH (Propane Dehydrogenation) unit in Northern Europe. This wi...
ExxonMobil awards contract for
ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) has awarded the contract for a second Liza FPSO to...
Engro in talks with Vopak LNG
Engro Corporation has initiated talks with Vopak LNG Holding for the sale of a minority stake in its Karachi-based LNG import terminal...
EDF and Total announce key mil
EDF Group and Total have entered into negotiations with two groups of investors for the sale of their combined 75% interest in Dunkerq...
Marcuro Gas Detection announce
CNOOC to develop LNG receiving
China National Offshore Oil Company (CNOOC) plans to construct a $2.2bn LNG receiving terminal in the eastern province of Jiangsu. The...
Kinder Morgan embarks on $2bn
Kinder Morgan has announced that a letter of intent has been signed for the development of the proposed Permian Highway Pipeline Proje...
NDT Global announces Richard M
NDT Global has appointed Richard Matthews as President. With more than 30 years' experience in the oil and gas industry and most recen...
Tradebe announces acquisition
Tradebe has acquired Avanti Environmental Group from Stericycle Inc., the second significant acquisition of 2018 for the UK-based haza...
Planned production fields lead
Globally, more than $3 trillion in capital expenditure is expected to be spent across oil and gas value chain on planned and announced...
Odfjell announces sale of its
Odfjell Terminals B.V. (OTBV) intends to enter into an agreement with Koole Terminals B.V. of the Netherlands (Koole) to sell its 100%...