March 2020 | Storage Terminals Magazine

Magellan Ammy win

Magellan Midstream Partners has announced it is “honoured to be named Most Fiscally Responsible company in the midstream industry for the...

McDermott BHP win

McDermott has announced in an online statement that it has been awarded “a sizeable contract” by BHP Billiton Petróleo Operaciones de...

Fluxys’ LNG boost

Fluxys’ 2019 profit was boosted by rising LNG terminal activity, it said in a statement. The Belgian gas infrastructure company and...

South Africa storage

South Africa’s Port of Saldanha Bay is being targeted as a potential new crude oil storage hub, as the global fuel glut grows. Oil has...

Europe natural gas

European natural gas storage inventories were at the highest ever recorded level for the start of March – 60 per cent full as of 1 March...

CST on safety

CST has released a statement to assure the industry of its commitment to safety in the face of COVID-19. It described the situation as...

Dow £3M donation

Dow Inc has announced it will turn one of its US sites and its facility in Stade, Germany into sanitiser production facilities. Alongside...

Limetree Bay reacts

Limetree Bay Refining, LLC and Limetree Bay Terminals, LLC (Limetree Bay) has reported it has activated its incident command structure as...

China best storage

London-based analysis firm IHS Markit has closely examined the world’s supply and demand for oil and said in a statement that “there will...

Leschaco’s AEO status

Leschaco Group has announced in a statement that its Dutch subsidiary is now Authorised Economic Operator (AEO) certified. This follows...

Chevron wins award

Chevron Lummus Global (CLG) has been awarded a contract by a Southeast Asian refiner for the license, engineering and supply of...

Petronas Humbly sale

Dentons has advised Petronas, Malaysia's integrated petroleum corporation, on the sale of its wholly owned subsidiary Humbly Grove Energy...

Limetree restart

The Limetree Bay facility is expected to start commercial processing operations in June or July, after overcoming delays caused by...

New CEO for Marathon

Michael Hennigan replaces company veteran Gary Heminger as Marathon Petroleum Corporation CEO, effective immediately. Heminger’s...

Sharjah $US40m deal

Sharjah National Oil Corporation has announced it has signed the US$40m deal with Petrofac Facilities Management International Ltd to...

Odfjell $250m

A new five-year, USD 250 million revolving credit facility has been secured by Odfjell Terminals US (OTUS) to refinance existing debt...

StocExpo gratitude

The team at StocExpo has released a statement to say it wants to thank the bulk liquid storage industry for the fact that the 2020 show...

Well acquires OSS

Well Services Group has confirmed in a statement the acquisition of leading and well-established UK energy industry service provider OSS...

Khalifa Abu Dhabi

Khalifa Port has announced it will house the first commercial bulk liquid storage terminal in Abu Dhabi. Abu Dhabi Ports has signed a...

Re-Gen Robotics wins

The Safety Technology Award at the 2020 Global Tank Storage Awards was awarded to Re-Gen Robotics, “for revolutionising safety in the...

Corpus uninterrupted

The Port of Corpus Christi Incident Management Team (IMT) was activated on February 13 and will remain active for the duration of the...

Jordan Cove FERC

The proposed Jordan Cove LNG terminal and Pacific Connector Gas Pipeline from Calgary-based Pembina Pipeline Corporation have received...

US oil stockpile

The US Department of Energy has said it will buy up to 30 million barrels of crude oil for the Strategic Petroleum Reserve by the end of...

Hempel perfect finish

Hempel A/S has announced that Verwater used its “versatile Hempaline Defend 630 tank lining” for a downstream oil and gas project in...

Lanqiao LNG

Lanqiao port has signed an agreement with state-owned Beijing Energy Holding to invest CNY6.7 billion (USD973 million) to construct a...

USD & Gibson Energy

US Development Group and Gibson Energy have finalised all required commercial agreements with ConocoPhillips Canada to fully underpin and...

ILTA to continue

The International Liquid Terminal Association (ILTA) said in a statement that its terminal members “are taking precautions to protect...

Sullom halts strike

Preparations for strike action at Sullom Voe Terminal in Shetland have been suspended after a new pay deal for workers was hammered out...

Air Products win

Air Products has signed up to supply two LNG heat exchangers to the Total-led Mozambique LNG venture. A completed LNG heat exchanger that...

Europe mobilises

An emergency Transport Council has been held between The EU Commission and Council of Ministers of Transport, in order to coordinate...

Enterprise spending

Houston pipeline operator Enterprise Products Partners has announced it is looking at ways to trim its multi-billion-dollar capital...

New Østre Kaj quay

Port of Frederikshavn has signed a contract with CG Jensen A/S regarding the establishment of a new quay plant by Østre Kaj. The ship...

Storage to benefit?

The news that OPEC producers and Russia will raise crude oil production will mean a higher demand for freight services and storage...

USD staying open

USD Partners LP (USDP) has taken measures in response to the coronavirus outbreak, but all of its terminals remain and are expected to...

Pengerang production

The recent explosion and fire at the Pengerang Integrated Complex in Malaysia on March 15 is expected to have a minimal impact on oil and...

Golar Power Brazil

A protocol of intentions has been signed by the Pernambuco government and Golar Power (a joint venture between Golar LNG and Stonepeak...