January 2021 | Storage Terminals Magazine

Peninsula expands

Peninsula Petroleum CEO John Bassadone said: “2021 will see further expansion for Peninsula.” He added that the Skaw operation in Denmark...

Magellan Q4 2020

The board of directors of Magellan Midstream Partners LP has declared a quarterly cash distribution of $1.0275 per unit for the period October...

Mexican permits

Planned spending in Mexico's fuel sector has been held up by permitting delays, but investment will continue in 2021 despite low expectations...

Buckeye investment

Buckeye Partners LP has made an equity investment in OneH2 Inc, a provider of hydrogen fuel supply and logistics solutions. OneH2 provides...

Digitising Mexican oil

The international IT company for the downstream industry, Implico Group, and the Mexican solutions integrator, Apollocom, have announced their...

Shell Midstream CEO

Shell Midstream Partners LP has announced that “after a distinguished 29-year career with Royal Dutch Shell plc”, Kevin Nichols will retire...

UAE: 2.6% by 2027

The UAE oil storage terminal market size is expected to reach $541.97 million by 2027 while exhibiting a CAGR of 2.6 percent between 2020...

Venture Global review

Venture Global wants to enter the pre-filing process at the US Federal Energy Regulatory Commission (FERC) for another major liquefied natural...

Plains sells Ord

Green Plains Inc has announced that its subsidiary, Green Plains Ord LLC, has entered into an asset purchase agreement with GreenAmerica...

Essar’s UK investment

Essar continues to invest in the UK market to support growth “and meet the energy demands of our valued customers”. As part of this, it...

Owens on emissivity

Owens Corning FOAMGLAS® Insulation said that the emissivity of an insulation system “has a large influence on process control, condensation...

FERC chairman

President Joseph R. Biden has named Rich Glick a the new chairman of the Federal Energy Regulatory Commission (FERC). “I am honoured that...

HES uses renewables

As of January 1, 2021, a large number of HES terminals started using sustainably generated electricity. With this step, HES said: “CO₂...

Kawasaki terminal

Kawasaki Heavy Industries has completed Kobe LH2 Terminal (Hy touch Kobe), the world’s first liquefied hydrogen receiving terminal...

New TSA guides

To “inspire the next generation of talent”, the Tank Storage Association (TSA) has launched two new careers guides and career profiles. Together...

Veeder-Root launch

Veeder-Root, a worldwide leader in fuel management technology, has announced the availability of their newest breakthrough, the HydrX...

Hosein promoted

Pond and Co, an industry leader in engineering, construction, planning and architecture services, has announced the promotion of Sasan Hosein to...

New AUMA launch

TIGRON from the AUMA Group is locally set via the display and the combi-switch, so no additional setting tools are required. The display...

WSG’s Gate contract

WSG Industrial Services Continental Europe has been awarded a contract to provide all nitrogen-related services between shutdown and start-up...

USPP’s purchase

US Petroleum Partners LLC has purchased the wholesale assets of Tri-Lakes Petroleum LLC. This transaction, which closed in December 2020...

Record-breaking order

SA Fire Protection has been selected by Cegelec Fire Solution to be part of Europe’s largest petrochemical fire protection systems project, at...

First Gen: Batangas

FGEN LNG Corp, a wholly-owned subsidiary of First Gen Corp, will start the construction of an interim offshore liquefied natural gas...

NextDecade’s CFO

NextDecade names senior VP of Finance Brent Wahl as its new CFO, effective February 1, 2021. He replaces Benjamin Atkins, who will resign as...

Kinder Morgan results

Kinder Morgan’s natural gas transport volumes were down 2 percent compared to the fourth quarter of 2019. There were notable volume declines...

Repauno CEO

Repauno Port & Rail Terminal, located along the Delaware River in Gibbstown, New Jersey, announced today that Harry J. (Hank) Alexander has...

China profits

Gas sales volume growth accelerated for rated Chinese city-gas operators in 4Q20 and 2021 year to date due to a post-pandemic industrial...

Mexican land sale

An oceanfront greenfield site is up for sale in the State of Sonora on the west coast of Mexico. The development site consists of 1,297 hectares...

Enterprise/Magellan

In Texas, affiliates of Magellan Midstream Partners and Enterprise Products Partners have jointly agreed to develop a crude oil futures contract...

FERC denies permit

US energy regulators have upheld Oregon’s denial for a clean water permit for the Jordan Cove liquefied natural gas (LNG) project, dealing a blow...

CPC saved $300m

Ceylon Petroleum Corporation (CPC) saved $300 million in foreign exchange in 2020 due to the drop in world crude oil prices, CPC chairman...

Easton’s pipeline

Midstream operator Easton Energy LLC has agreed to buy a petrochemical pipeline system that runs from Houston to Corpus Christi from...

Puma at Kwinana

Puma Bitumen has announced that at the end of 2020, manufacture of polymer and crumb rubber modified binders commenced at its plant in...

First VLEC loaded

Energy Transfer has announced that the first Very Large Ethane Carrier (VLEC) has been loaded under its previously announced joint venture...

Eagle’s Aruba deal

US firm Eagle LNG has signed a preliminary agreement with state-owned Refineria di Aruba (RdA) to install an LNG receiving and regasification...

McDermott: storage study

McDermott International’s CB&I Storage Solutions business has been awarded a study by a leading natural gas producer to research opportunities...

Max’s subsidiaries

Max Midstream, (a Texas-based energy company), has formed two new subsidiaries with offices in Rotterdam in the Netherlands and Geneva...