August 2020 | Page 3 of 3 | Storage Terminals Magazine

Storage safety reviewed

The owner of Hull and Goole’s ports has launched a review into ammonium nitrate storage following an explosion in Beirut last week...

NuStar Energy update

NuStar Energy LP reported a $30 million profit for the second quarter and said “the market appears to be improving in the fall”. The San...

Fuel demand recovery

Tens of millions of barrels of crude and oil products stored on tankers at sea due to the COVID-19 pandemic are now being sold, in a sign...

Russian port plan

Russia is planning to build a port on the Caspian Sea near the city of Lagan, in order to increase trade in the region. As of 29 July...

Singapore oil stocks

Singapore’s residual fuel oil inventories climbed 3% in the first week of August, as export volumes plummeted to a near four-month low...

Euronav 2Q20 results

Euronav achieved record-high 2Q20 earnings, it reported in its financial update. The company, which operates shipping and storage of...

Centrica Storage gets 5G

Centrica Storage's Easington gas terminal will have the first 5G ready mobile private network (MPN) in the oil and gas industry. Vodafone...

Reynolds gains approval

Reynolds Training Services has had its qualification approved by the Institution of Chemical Engineers (IChemE) – a notable achievement...

Green Plains results

Green Plains Partners LP has announced its financial and operating results for the second quarter of 2020. Net income attributable to the...

Brooge: Phase 2

Brooge Energy has announced it has commenced hydrotesting for Phase 2 of its storage facility expansion. Announcing the news, it said...

German LNG progress

German LNG Terminal GmbH, which is a joint venture between Dutch companies Gasunie LNG Holding BV, Vopak LNG Holding BV and Oiltanking...

Matrix results call

Matrix Service Company, the North American industrial engineering and construction contractor, will announce results for its Fiscal Year...

Rotork new services

A new four-tiered approach to lifetime management services for Rotork is “optimal for identifying the unique needs of a customer and...

Prax buys refinery

The Prax Group has signed an agreement with Total to purchase Lindsey Oil Refinery and its associated logistic assets, with the deal...

Neptune finds oil

Britain’s Neptune Energy and its partners have discovered oil at a jointly owned drilling license in the Norwegian part of the North Sea...

New Fortress LNG

New Fortress Energy LLC (NFE) said the COVID-19 pandemic did not slow growth during the second quarter, as the company continued to bring...

Falck Fire’s INEOS deal

Falck Fire Services UK has agreed a deal to deliver industrial firefighting, medical response, high quality fire engineering consultancy...

New tech from Honeywell

Honeywell Process Solutions said its ENTIS Inventory System “helps keep terminal operations safer and more profitable”...

Omega acquires Joliet

Oiltanking North America LLC has entered into an agreement to sell its Oiltanking Joliet terminal to Omega Partners Illinois LLC...

Colonial new tariff incentive

Colonial Pipeline has established a new Intra Harbour Transfer (IHT) tariff incentive programme, which it said: “provides value-added...

Hill selected: Cyprus LNG

Hill International has been selected by Natural Gas Infrastructure Company of Cyprus (ETYFA) to spearhead an international consortium and...

Indonesia allows flexibility

Indonesia has announced it has made revisions to a 2017 law that will give oil and gas investors more flexibility when choosing their...

New terminal, Martinez

Marathon Petroleum has said that Martinez refinery will be converted into a new terminal facility. Elsewhere, the company said...

Phillips 66 results

Phillips 66 Partners LP has announced second-quarter 2020 earnings of $255 million, ($1.05 per diluted common unit). Cash from operations...

Saudi Aramco/Siemens

Siemens Energy will provide centrifugal compressor systems for Saudi Aramco’s Hawiyah Unayzah Gas Reservoir Storage (HUGRS) project. The...

Technodyne’s Bechtel win

Technodyne said it is pleased to announce that it has been awarded an engineering services contract from Bechtel Oil, Gas & Chemicals Inc...

Record U.S. LNG output

Despite multiple cargo cancellations this summer, a sharp increase in U.S. liquefied natural gas (LNG) output in the past year has...

Equinor sells Bressay

Equinor is selling a 40% operated stake in the Bressay field, (which is located to the east of Shetland) to EnQuest in a deal worth £13m...

New CLH application

CLH has developed a new application to facilitate data transmission between plants and the specialists at its Facility Monitoring Centre...

Carboil acquisition

German aviation fuelling company Skytanking has sold its Italian subsidiary to Carboil. Carboil, which is headquartered in Rome, has 19...