May 2019 | Page 2 of 3 | Storage Terminals Magazine

JAX LNG

JAX LNG, an LNG facility located at Dames Point in Jacksonville, Florida, held a ribbon-cutting ceremony May 16 to signify the official...

CVR Cushing Terminal

CVR Energy, Inc. has announced the sale of its Cushing Terminal as part of moves to accomplish its strategic objectives to manage costs...

Summit assets

Summit Terminaling has announced an equity commitment led by EIV Capital (EIV) that will allow Summit to construct, own and operate...

Refinery industry

In 2016, the International Maritime Organization (IMO) decided to strictly enforce use of bunker fuels with a sulphur content of 0.5%...

Exxon Fawley

ExxonMobil is to expand its Fawley refinery in the UK to increase production of ultra-low sulphur diesel by almost 45 percent, or 38,000...

KN first quarter

In April 2019 AB Klaipėdos nafta (KN) has reloaded 433 thousand tonnes of petroleum products in Klaipėda and Subačius oil terminals, an...

Marathon merger

Marathon Petroleum Corporation plans to merge its midstream businesses, MPLX and Andeavor Logistics, in a definitive merger agreement...

Odfjell Q1

Odfjell Terminals has reported an EBITDA of $6.7 million in the first quarter, up from $5 million in the fourth quarter of last year and...

Anadarko bidding war

Occidental Petroleum Corporation has offered a revised and significantly enhanced proposal to acquire Anadarko for $76 per share. The...

OTS rebranding

Oil Tank Supplies Ltd has changed its name change to OTS Group Ltd as part of a wider corporate rebranding and repositioning strategy...

Red River Pipeline

Plains All American Pipeline has announced the expansion and joint venture of its Red River Pipeline with Delek Logistics. Delek...

Lower-emissions tech

ExxonMobil is progressing growth plans to substantially increase earnings and cash flow potential while researching technology...

Port Kembla supply

EnergyAustralia, one of country’s largest integrated energy companies, has signed a preliminary agreement to access gas supply from...

Bluewing expands

Texas-based bulk liquids terminal operator Bluewing Midstream has commenced construction works on its Phase II Expansion Project to...

Port Arthur HoA

Sempra LNG and Aramco Services Company, have signed a heads of agreement (HoA) that anticipates the negotiation and finalisation of a...

Freeport LNG approval

The Freeport LNG terminal in Texas has received Federal Energy Regulatory Commission (FERC) approval for the construction of Train 4...

Oil data

As of Monday, May 13 total oil product stocks in Fujairah stood at 23.832 million barrels. Overall product stocks edged up by 0.5% with a...

Profire Energy Q1

Profire Energy, Inc., a technology company which creates, installs and services burner and chemical management solutions in the oil and...

Implico certification

Implico has received ISMS certification. The distinction by TÜV Nord confirms that the company’s internal processes and regulations...

Anadarko acquisition

Anadarko Petroleum Corporation’s board of directors has unanimously determined that Occidental Petroleum Corporation’s the revised...

Emerson OPEX

Eastham Refinery has achieved Top Quartile performance following the installation of an integrated solution that combines logistics...

Mammoet moves

Mammoet Belgium has moved to the Port of Antwerp to provide localised support to the region’s growing petrochemical and industrial...

Pony expansion

Tallgrass Pony Express Pipeline, an affiliate of Tallgrass Energy, has launched the Hereford Project, intended to support crude oil...

Quest CSS

Shell’s Quest Carbon Capture and Storage (CCS) facility has captured and safely stored four million tonnes of CO2, ahead of schedule and...

Terminal modernisation

OMV Petrom has completed the modernisation of the Arad fuels terminal, the largest in West Romania and the second largest in the country...

PNG LNG & Santos

An important milestone towards expansion of the PNG LNG plant has been reached after energy company Santos signed a binding letter of...

Honeywell & Venture

Venture Global LNG will use a series of technologies from Honeywell UOP to remove contaminants from natural gas prior to liquefaction at...

Emerson flow meter

Emerson has released its Micro Motion 4200 2-wire loop-powered Coriolis transmitter, a new design that makes it possible to replace...

AMID Q1

American Midstream Partners has recorded a net loss of $13.2 million in the first quarter compared to a loss of $13.9 million in the...

Chevron Pasadena

Chevron U.S.A (CUSA), a wholly owned subsidiary of Chevron Corporation, announced that it has completed the acquisition of Pasadena...

Nasdaq for BPGIC

Following the recent announcement of the United Arab Emirates’ Brooge Petroleum and Gas Investment Co (BPGIC) and Twelve Seas Investment...

IEnova contracts

IEnova has executed two long‐term contracts for the receipt, storage, and delivery of refined products in terminals that it is developing...

Algeria gas exports

Algeria will need significant new supply of gas in the medium term to achieve its goal of increasing gas exports to Asian markets, says...

Oil data

As of Monday, May 27 total oil product stocks in Fujairah stood at 24.387 million barrels adding 464,000 barrels week on week. Overall...

Enterprise pipeline

Enterprise Products Partners has announced it is extending its Baymark ethylene pipeline further into South Texas. It will originate in...

Pipeline sale

A subsidiary of WPX Energy and its JV partner in the Oryx II pipeline have completed the sale of its 25 percent equity interest the...