Monthly Archives: August 2018
Blastco recognised as a 5 Star
Blastco, a TF Warren Company, has become the first coatings contractor to be recognised as a 5 Star NIICAP Contractor. The NACE Intern...
Equinor to invest a further $1
Equinor is to invest more than $15bn in Brazil until 2030 as daily oil production reaches over 90,000 barrels per day from current fie...
International Pipeline Exposit
The International Pipeline Exposition in Calgary, Canada will take place between September 25-27. Together with the world-class Intern...
Fujairah Weekly Oil Inventory
As of Monday, August 27 total oil product stocks in Fujairah stood at 16.156 million barrels – down by 2.5% week on week. Stocks level...
Genscape Blog preview: Falling
This summer, refineries are reaching peak run rates due to high summer demand and low crude oil pricing. Recent midstream capacity con...
Petrofac wins EPC1 contract fo
Sonatrach has awarded a provisional letter of award for an Engineering, Procurement and Construction (EPC) contract worth $600m to Pet...
VTTI’s Port Qasim terminal e
VTTI’s new terminal in Port Qasim, Pakistan, is on its way to becoming a key independent regional terminal in Pakistan as it begins ph...
Vopak is considering the sale
TechnipFMC awarded contract fo
TechnipFMC has been awarded a contract for the development of Vietnam’s first olefins plant on Long Son Island, Ba Ria-vung Tau provin...
Hindustan Petroleum Corp moves
U.S. crude oil refinery inputs
U.S. crude oil refinery decreased by 89,000 barrels per day in the week ending August 17, 2018 to 17.9 million barrels.inputs averaged...
Total sells 26% stake in India
Total is to sell its 26% equity stake in India’s Hazira LNG regasification terminal. It has signed a binding Letter of Intent (LOI) wi...
Wood sees three-year extension
Shell has extended its three-year framework agreement with UK’s Wood for it to continue to deliver completions management, certificati...
CLH Group invests over €22m
Odfjell reports stable second
Tank terminal transactions will further strengthen Odfjell SE but the company experienced another challenging quarter in the chemical ...
ConocoPhillips and PDVSA reach
ConocoPhillips and Venezuela’s PDVSA have entered into a settlement agreement to recover approximately $2bn, to compensate for the sei...
Pemex move forward with “mos
Pemex has initiated a complex plan to modernise its digital transformation project as the most ambitious transformation in Latin Ameri...
The Cloud Solution: European t
When a European tank terminal needed a new infrastructure for its logistics IT, one thing became certain very quickly: it should be a ...
Bangladesh’s first LNG impor
Vopak to propose Nicoletta Gia
Royal Vopak is to propose the appointment of Nicoletta Giadrossi as a member of the Supervisory Board during its Annual General Meetin...
Fujairah Weekly Oil Inventory
Plains, Magellan to sell combi
Plains All American Pipeline and Magellan Midstream Partners are to sell a 50% interest in BridgeTex Pipeline Company for $1.438bn.
Implico to present solutions a
A team of Implico Group experts will present the new SAP S/4HANA solutions for petroleum dealers and service station operators at the ...
Contanda to begin construction
Contanda Terminals LLC, has announced plans to construct a new, large-capacity storage terminal on its property along the Houston Ship...
Maersk, Vopak agreement to see
Royal Vopak has entered into a long-term agreement with A.P. Moller - Maersk for the launch of a 0.5% sulphur fuel bunkering facility ...
Höegh LNG to supply offshore
Australian Industrial Energy (AIE) has secured a critical component of its Port Kembla Gas Terminal. The Floating Storage and Regasifi...
Additional Section 301 tariffs
U.S. national trade association, API, has emphasised the counterproductive effects of Section 301 tariffs on America’s natural gas and...
AUMA supplies turnkey valve au
AUMA has delivered a turnkey valve automation solution to Pertamina as part of the first phase o an expansion project at the TBBM Mang...
Vopak to construct a new jetty
Venture Global LNG announces a
Venture Global LNG, Inc. has announced that it has raised additional private capital of approximately $160m from large institutional i...
China’s mega crude-to-chemic
China’s mega crude-to-chemicals projects may deal a knockout blow to regional PX exporters. Higher base chemicals demand and feedstock...
U.S. and Panama sign MoU on en
The U.S. Treasury and Energy Department is to sign a Memorandum of Understanding (MoU) with Panama that will foster U.S.-Panama cooper...
Cheniere, CPC ink 25-year LNG
Cheniere Energy, Inc. has announced that its subsidiary Cheniere Marketing International LLP has entered into an LNG sale and purchase...
NDT Global publishes white pap
Yamal LNG extends the scope of
JSC Yamal LNG has undergone a successful external recertification audit of its Integrated Management System in Health, Safety, Environ...
Scales Corporations agrees to
Scales Corporation Limited (SCL) it to sell its bulk liquid storage business, Liqueo Bulk Storage Limited (Liqueo) for $20m to a compa...
