Koole Terminals appoints new C

Koole Terminals has announced that Juriaan Steenland has been appointed as its new Chief Operating Officer (COO) of Koole Terminals. J...

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CPC plans to invest $6.6bn in

Taiwan-based CPC Corp is planning to invest $6.6bn in a petrochemical project in Paradip, Odisha, India, using feedstock from the Indi...

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Tallgrass eyes Cushing –

Tallgrass Energy has proposed constructing a new crude oil pipeline from Cushing, Okla., to the St. James, La., refining complex, as w...

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Enterprise reports record EBTD

Enterprise Products Partners L.P. saw its net income for the second quarter of 2018 decline by $322m. However, its adjusted EBITDA inc...

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Brightoil Petroleum in talks t

Brightoil Petroleum (Holdings) Limited is engaging in preliminary negotiations with potential investors for the sale of its Zhoushan O...

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Floating LNG liquefaction: Cha

FLNG is being widely considered as a solution to cost pressures in the industry. FLNG eliminates the need for a pipeline to shore for ...

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KKR, Williams JV acquires Disc

Through a newly formed joint venture, KKR and Williams have agreed to acquire Discovery Midstream from TPG Growth for approximately $1...

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Fujairah Weekly Oil Inventory

Oil product stocks at the Middle East's key oil hub of Fujairah fell 2.9% in the week to Monday, slipping to a five-week low as light ...

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Magellan Midstream and LBC to

Magellan Midstream Partners and LBC Tank Terminals have announced plans to increase Seabrook Logistics’ crude oil and condensate stora...

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Fisher Tank Company appoints J

Fisher Tank Company has appointed Jim Viale as West Coast Area Manager. Jim joins the Fisher Tank Company team as a veteran of the fie...

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ExxonMobil posts $4bn earnings

ExxonMobil has announced estimated second quarter 2018 earnings of $4bn, compared with $3.4bn a year earlier. Cash flow from operation...

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BP commences operations at Sha

The Shah Deniz consortium has commenced commercial gas deliveries to Turkey from the Shah Deniz 2 development project. The consortium ...

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Magellan Midstream to further

Magellan Midstream Partners has announced an additional expansion of the western leg of its refined petroleum products pipeline system...

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