August 2021 | Page 2 of 3 | Storage Terminals Magazine

StocExpo’s report

Part three of StocExpo’s industry trends report, Automation Transformation in a Post-COVID-19 Age, is now out. It includes input from...

Marathon investment

Marathon Petroleum continues to invest in maritime safety with a $40,000 grant to the Alaska Vocational Technical Centre (AVTEC), funding...

Prostar refinances

Private investment firm Prostar Capital, a leading midstream energy infrastructure firm, announced that it has successfully completed a...

Downhole automation

Schlumberger has announced the introduction of autonomous directional drilling, which includes solutions to steer autonomously through...

SkyBitz promotion

SkyBitz, a leader in industrial IoT telematics solutions, has announced the appointment of Ken Moore to a new executive role as vice...

Raz completion

Oman is putting the finishing touches on a crude storage centre outside the Strait of Hormuz, that will eventually hold more than 200...

Cybersecurity EO

In response to the fact that West Texas Intermediate (WTI) has increased 15 percent over the last few months, the White House has passed...

Vertech’s contract

Vertech Group’s tank inspection portfolio is set to expand, having recently been awarded a national bulk liquid storage tank inspection...

USD’s pipeline

US midstream company USD Partners is to build a new pipeline connection to a second 300,000 bbl storage tank at a neighbouring third...

Projects halted

A slower and steadier trickle of midstream consolidation has continued since the upstream buying spree that began last autumn, but energy...

WoodMac on tariffs

Tariff rate compression, often referred to as a race to the bottom for midstream operators, was a hallmark of the COVID-19 pandemic for...

Buckeye acquisition

Buckeye Partners LP has acquired a 270 MW, construction-ready solar project (Project Parker) from OCI Solar Power. Project Parker includes...

Alkion closure

On June 23, 2021 the Stolt Spray became the last vessel to unload product at Alkion Terminal Sotrasol in Le Havre. This follows the decision...

Bio-LPG for Flogas

Flogas Britain has received its first shipment of bio-LPG, which marks the latest step in achieving its 2040 Vision, whereby Flogas...

Odfjell exit

Odfjell Gas Shipowning AS, a subsidiary 100 percent owned by Odfjell SE, has entered into a transaction agreement with BW Epic Kosan Ltd...

Brazil leads

Brazil alone is expected to contribute around 23 percent or 1.3 million barrels per day of global crude oil and condensate production in...

Wabash awards

Wabash National Corporation has been honoured with two 2020 Plant Safety Awards from the Truck Trailer Manufacturers Association (TTMA) for...

Sharp decline

The Angolan government is hoping to stabilise its oil production at 1.3 million bpd over the next three years, but this could prove very...

Winter lows

The US Energy Information Administration (EIA) has reported that high levels of natural gas exports this year, coupled with relatively flat...

Iraq crude price

According to a pricing document from the state-oil marketer, Iraq has set the price of its Basrah Light crude to Asian customers at $2.25/bbl...

Two LNG projects

Two liquefied natural gas terminal projects with a combined cost of nearly P29 billion are up for completion next year, according to the...

New Enterprise VP

US midstream company Enterprise Products Partners has named Carrie L Weaver as vice president, commercial, Evolutionary Technology, to lead...

HEA’s new tender

Holt Energy Advisors (HEA) has concluded its gas sales marketing tender for Dana Petroleum. The process involved HEA marketing Dana’s...

EIAP for DarkPulse

Energy and Industrial Advisory Partners (EIAP) has advised DarkPulse Inc on its acquisition of Optilan, a private company incorporated in...

Security assessment

Oiltanking is one of the largest independent operators of tank terminals for oils, chemicals and gases worldwide. Their clients include...

SAP certification

The digitalisation specialist Implico Group is proud to announce that the Avalara Tax Connector 1.0 is now officially SAP certified for...

McDermott announcement

McDermott International, Ltd has announced that its CB&I Storage Solutions business has completed the design of a 40,000 cubic metre...

Lower demand

China’s drive to lower emissions is expected to have a negative impact on crude oil imports from private refineries. As a result, tanker...

Potential boost

The passage of Nigeria’s proposed Petroleum Industry Bill (PIB) could have positive long-term effects for both Nigeria’s public finances and...

Permian levels

Permian Basin, the largest oil producing basin in the US, was the most affected play in the country during COVID-19 pandemic times. However...

New technical service

S&S Technical's new service in the US, which specialises in packaged pump skid systems for the oil and gas industry. Its expertise...

Eddyfi buys Zetec

Roper Technologies Inc, a leading diversified technology company, has announced that it has reached a definitive agreement to sell its...

Rotork assists

Rotork has worked with BAE Systems to upgrade a series of A-range actuators to IQ3 actuators at Her Majesty’s Naval Base Portsmouth...

Savage’s terminal

Infrastructure and supply chain company Savage has opened a multi-commodity transload terminal in San Joaquin, California, to distribute...

Limetree deal

Limetree Bay Terminals has reached a financing agreement with AMP Capital to ensure the continued operations of the terminal. The associated...

AmeriGas utilises

AmeriGas, the largest retail propane distributor in the United States, is utilising Dearman Systems’ Terminal Automation to automate the...