Monthly Archives: November 2021
LNG SPAs signed
Sinopec has signed two 20-year sales and purchase agreements (SPAs) with Venture Global for the supply of 4 million tpa of LNG from Venture...
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CITGO wins
CITGO Petroleum Corporation has been awarded a 2021 Safety Excellence Award by ILTA. The award recognises the company’s occupational safety...
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Honeywell deal
Honeywell and ZoneFlow Reactor Technologies LLC have announced a joint agreement to commercialise ZoneFlow Reactor Technology. This...
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Fort Vale’s range
Fort Vale has announced a new LPG rail product range for 2022. Building on the success of its rail liquid equipment range, the new range...
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WoodMac: Europe
European gas storage has been struggling to fill this summer. Storage at the beginning of November will be about 75 percent full, at 83...
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API statement
The American Petroleum Institute (API) has issued a statement from senior vice president for Policy, Economics and Regulatory Affairs, Frank...
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Shell/McDermott collab
US contractor McDermott and Anglo-Dutch supermajor Shell are to explore opportunities for reducing and eliminating emissions from construction...
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CCS in Indonesia
Oil major ExxonMobil has signed a memorandum of understanding (MoU) with Indonesian state-owned company Pertamina to assess the potential...
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PO&G rebrand
Pacific Oil & Gas Limited (PO&G) has announced that it will rebrand its operations to become Pacific Energy Corporation Limited. Ratnesh Bedi...
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Romgaz agreement
Directors in Romania’s state-controlled oil and gas producer Romgaz have rubberstamped the long-discussed purchase of ExxonMobil's 50 percent...
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Mauritania interest
Along with Senegal, Mauritania is undoubtedly one of the two countries that has received a great deal of interest from oil and gas investors...
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China’s $15b plan
A group of Chinese state-owned enterprises has volunteered to build a $15 billion oil refinery complex, in a bid to help Pakistan, which has...
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Evos’ growth
Evos, (owned by investment funds managed by First Sentier Investors) has successfully refinanced (through Evos Finance BV) its outstanding...
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NuStar results
NuStar Energy LP has announced solid third quarter of 2021 results fuelled by strong throughputs on its refined products and crude oil...
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Tank Talk webinar
StocExpo is hosting a new Tank Talk webinar with Varec, November 10 at 3pm. It said: “Join Varec to learn essential systems engineering strategies...
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Clean energy initiative
The governments of the UAE and Germany are launching new action plans in the energy sector as part of the Declaration of Intent signed by both...
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BP exceeds
BP has announced its underlying replacement cost profits jumped to $3.3 billion US dollars (€2.8 billion) in the three months leading to...
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Ortiz takes charge
US energy infrastructure company Sempra appointed Tania Ortiz as president of Sempra Infrastructure in Mexico following a consolidation of...
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Vopak investigates
Vopak is investigating the strategic options for its terminals in Australia – this may include continued operations or divestment. It said: “As...
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Antea insight
Floyd Baker, VP at Antea North America, says digital twin can be defined as a digital representation or virtual model of a physical object, is...
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Biratnagar conversion
The Nepal Oil Corporation (NOC) has decided to convert the kerosene storage tanks at its Biratnagar depot into diesel storage tanks as the...
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Implico’s CTO
The global IT solutions provider and digitalisation specialist for the energy industry, Implico Group, has welcomed a new senior-level executive...
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Investigation complete
The US Navy has completed an investigation into a leak from its Red Hill fuel tank storage facility in Hawaii on May 6, 2021 and found that it...
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Registration open
StocExpo, the largest and longest running international bulk liquid storage event, is finally back live and in-person from March 8-10 2022 at...
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Sakhumnotho invests
African investment company Sakhumnotho Group Holdings has bought an initial 26 percent stake in the Refinex and South African Tank Terminals...
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Limetree bidders
Potential bidders for the bankrupt Limetree Bay refinery in the Virgin Islands may be on the hook for newly-discovered groundwater...
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Oklahoma tanks
Stockpiles at the Cushing, Oklahoma, crude oil storage hub – the biggest in the US – are quickly approaching critically low levels, which could...
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Oiltanking’s Evos sale
Oiltanking is pleased to announce that it has completed the sale of its 55 percent stake in four European liquid storage terminals to Evos...
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Inter Pipeline buyout
Brookfield Infrastructure Partners has successfully completed its acquisition of Inter Pipeline. Shareholders representing 99.91 percent of Inter...
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Gasum expansion
Gasum has extended its bunkering services in the Antwerp, Amsterdam, and Rotterdam region (ARA area), by locating its bunkering vessel Kairos...
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Petronas interest
Petronas Gas Bhd's 65 percent-owned subsidiary Pengerang LNG Sdn Bhd has announced a non-binding expression of interest (EOI) for a proposed...
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Chart signs MOU
Chart Industries Inc, a leading global manufacturer of liquefaction and cryogenic equipment serving multiple applications in the energy and...
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Prices hamper recovery
Japanese utilities have asked oil refiners for extra supplies to generate power as they try to switch from expensive liquefied natural gas...
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Oil futures drop
Oil futures have declined, with US prices pulling back from a seven-year high after US government data showed a rise in domestic crude...
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