August 2019 | Page 2 of 3 | Storage Terminals Magazine

McDermott contract

McDermott has been awarded a ront-end engineering design (FEED) services contract by PetroLogistics ll for a propane dehydrogenation...

Yamal LNG

Yamal LNG has shipped its twentieth million ton of LNG since the commencement of the project. The new Arc7 ice-class tanker Vladimir...

Hempel R&D

Coatings manufacturer Hempel has appointed Nigel Shewring as its new Group Director of Research & Development (R&D). Nigel joins the...

NuStar Permian export

NuStar Energy’s Corpus Christi North Beach Terminal will be the first to load the first cargo of the long-haul Permian crude onto a ship...

U.S. petroleum

The latest Monthly Statistical Report from the American Petroleum Institute (API) shows total U.S. petroleum demand averaged 20.8 million...

Tank insulation

Market research firm FutureWise has predicted the global tank insulation market will value over $7 billion by 2026 end and grow at a CAGR...

Kinder Morgan projects

In response to growing customer demand, Kinder Morgan, Inc. (KMI) has launched a series of projects, totalling over $170 million of...

NGL TPSL sale

NGL Energy Partners has signed a definitive agreement to sell TransMontaigne Product Services (TPSL) and associated assets to a strategic...

Tank Storage Asia

The most prominent challenges, developments and solutions in the Asian bulk liquid storage industry are to be addressed at Tank Storage...

CLP Power FSRU

Law firm Mayer Brown has advised CLP Power Hong Kong with the Hong Kong Offshore LNG terminal project, which involves the use of floating...

Product of the Year

Fisher Tank, McDermott and CB&I among the winners of the STI/SPFA 2018 Steel Fabricated Product of the Year award winners announced...

Stena <0.5% ready

Stena Oil is now able to supply fuel oil with less than 0.5% sulphur content. The fuel oil is available by barge in the Skaw - Gothenburg...

STI/SPFA Safety Awards

STI/SPFA announced companies receiving Safety Awards for 2018 during the 2019 STI/SPFA Annual Meeting Award Dinner held July 20 in Avon...

Oxy acquires Anadarko

Occidental Petroleum Corporation has completed its acquisition of Anadarko Petroleum Corporation in a transaction valued at $55 billion...

Magellan results

Magellan Midstream Partners has reported a net income of $253.7 million in the second quarter, up from $214.4 million in the same period...

ExxonMobil results

Exxon Mobil Corporation has reported estimated second quarter 2019 earnings of $3.1 billion, down from $4 billion a year earlier...

Shell Midstream Q2

Shell Midstream Partners recorded a net income of $115 million, for the second quarter of 2019, compared to $132 million for the prior...

Clough EPC award

Clough USA has secured a Limited Notice to Proceed (LNTP) for a confidential $620 million Petrochemical EPC project in the U.S. market...

First deliveries

Trafigura and Buckeye have announced that Trafigura has received its first delivery of Permian crude oil from Plains All American’s...

Ennore LNG terminal

A Black & Veatch led consortium, with KSS Petron India, has been awarded the engineering, procurement, construction (EPC) and...

Chevron results

Chevron Corporation has reported second quarter earnings of $4.3 billion, compared with $3.4 billion in the second quarter of 2018...

Aramco expands

Saudi Aramco is to take a 20 percent slice of Reliance Industries' refining and petrochemical businesses. The terms of the deal are yet...

Three Tips

Mark Stuart, the internationally sought-after speaker and trainer from the Anagram Group, will be discussing the topic of leadership in...

Small-scale LNG

Small-scale LNG is a key aspect of the global LNG infrastructure buildout, as these smaller liquefaction plants serve specific uses such...

Q-Max docking

Fluxys’ Zeebrugge LNG terminal hit yet another milestone with the Al Dafna LNG carrier docking. This is the first call ever of a Q-Max...

Oil data

As of Monday, July 29 total oil product stocks in Fujairah stood at 18.255 million barrels, drawing down 1.124 million barrels week on...

MMLP pipeline sale

Martin Midstream Partners (MMLP) has sold its East Texas Pipeline to an undisclosed buyer for $17.5 million. Ruben Martin, President and...

ADNOC VTTI stake

ADNOC has announced a strategic investment in global storage terminal owner and operator VTTI BV (VTTI), taking a 10% equity stake in...

Taft Terminal

Pin Oak Corpus Christi has begun construction on its new crude oil trading hub at Taft. The Taft Terminal will complement Pin Oak's...

Inter Terminals possible sale

Inter Pipeline is exploring the potential sale of Inter Terminals, its European bulk liquid storage business. Should a sale be completed...

KTMT CPO

The Kuala Tanjung Multipurpose Terminal (KTMT) in North Sumatra (North Sumatra) has completed its first shipment of liquid bulk exports...

Enterprise record volumes

Enterprise Product Partners has recorded increased revenues in the second quarter, fuelled by record volumes on its liquids and natural...

Oryx investment

An affiliate of Qatar Investment Authority (QIA) has acquired a significant stake in Oryx Midstream Services, the largest privately-held...

Re-Gen invests

Every year as many as 25 people in Ireland and the UK lose their lives working in confined spaces. There are inherent risks to entering a...

Bechtel, CCS JV

A Bechtel and CCS joint venture led surge in global oil & gas contracts value to $42 billion in Q2 2019, according to GlobalData. The...

Inter Pipeline Q2

Inter Pipeline has reported strong financial and operating results for the three and six month periods ended June 30. Funds from...