August 2022 | Page 3 of 4 | Storage Terminals Magazine

5E’s $60m boost

5E Advanced Materials, an exploration stage boron and lithium company with US government Critical Infrastructure designation for its Fort Cady...

Korea Gas MoU

Matrix Service Company has announced that it has signed a memorandum of understanding with Korea Gas Corporation (KOGAS) to support South...

Antea for Versalis

Versalis Dunastyr, a major petrochemical company based in Hungary, has selected Antea Web — the complete suite of Antea’s globally leading asset...

Cheniere expansion

US LNG exporting giant Cheniere is working to add over 30 million tonnes of capacity at its Sabine Pass and Corpus Christi plants, according to...

Toyo awarded contract

Toyo Engineering India, a wholly owned subsidiary of Toyo Engineering Corporation (Toyo-Japan), has been awarded a contract by Indian Oil...

Cove Point milestone

The Cove Point LNG export facility in Maryland has loaded and shipped the 300th cargo since it started commercial operations in April 2018...

Freeport LNG update

Freeport LNG Development LP and the Pipeline Hazardous Materials Safety Administration (PHMSA) have entered into a consent agreement related to...

Viva infrastructure deal

Australian energy company Viva Energy has entered into an agreement with GeelongPort for the construction of the pier and berthing infrastructure...

PNOC to establish SPR

State-run Philippine National Oil Company (PNOC) is keen to push ahead with the establishment of a strategic petroleum reserve (SPR), along with...

Gazprom receives stake

Gazprom will receive 50 percent of a new Russian entity replacing the Sakhalin Energy liquefied natural gas (LNG) project, Russian news...

Sval Energi purchase

Sval Energi has signed an agreement with Suncor Energy to acquire Suncor Energy Norge, adding 4000 barrels of oil equivalent and 19 million...

ROSEN’s packages

ROSEN Group, a global supplier of leading technology for pipeline integrity management has won three packages for the five years Pan Malaysia...

McDermott contract

McDermott International has been awarded a Front-End Engineering Design (FEED) contract by QatarEnergy for the North Field South (NFS) Offshore...

Keystone volumes rise

On July 28, TC Energy said that, using an open season that dates all the way back to 2019, it aims to continue to ramp up Keystone volumes...

Brooge secured

Brooge Energy, a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil...

Chart/Wolf MoU

Chart Industries has announced it has signed a Memorandum of Understanding (MoU) with Calgary, based Wolf Carbon Solutions US (Wolf). Through...

SFF/bpSA merger

The Competition Tribunal has unconditionally approved the large merger whereby the Strategic Fuel Fund (SFF) intends to acquire an interest in...

NuStar update

US-based pipeline and terminal operator NuStar Energy has reported a slight decline in second quarter profit, but the company said it had reduced...

Africa energy change

Sahara Group has called on the petroleum industry operators to explore best possible policies and partnerships in order to propel seamless energy...

Remaining capacity sold

EemsEnergyTerminal sold the remaining capacity of the LNG terminal in Eemshaven to Engie which purchased the last billion cubic metres (bcm)...

BP sells interest

BP has reached an agreement to sell its 50 percent interest in the BP-Husky Toledo Refinery in Ohio to Calgary-based Cenovus, its joint venture...

Record oil earnings

The two largest US oil companies, ExxonMobil Corp and Chevron Corp, posted record revenue on Friday, July 29, bolstered by surging crude oil...

Wood Secures Contract with INEOS

Wood has secured a new contract with INEOS in excess of $100 million to deliver engineering, procurement, and construction management (EPCm)...

Valero profit increase

Valero Energy, San Antonio, produced a net profit of nearly $4.8 billion in the second quarter, up from $292 million in the same period of...

SABER completion

SABER EVNAT and UTG Unabhängige Tanklogistik GmbH have completed a new project in Essen, Germany. Specialists from the Latvian company SABER...

Latvia prepares

Latvia has said it will be able to survive the next winter by using liquefied natural gas (LNG) supplied from Estonia and Lithuania's terminals...

CPS/Energy Transfer JV

CapturePoint Solutions LLC (CPS), a subsidiary of CapturePoint LLC based in Allen, Texas, has signed a Letter of Intent (LOI) with a wholly owned...

Lyondell Refinery

Chemical maker LyondellBasell Industries has turned away at least one would-be buyer of its Houston crude oil refinery due for closure in December...

Aramco/SABIC world first

Aramco and the SABIC Agri-Nutrients Company have obtained the world’s first independent certifications recognising “blue” hydrogen and ammonia...

Itochu/Lotte collab

Japanese trading house, Itochu, and South Korean petrochemical producer, Lotte Chemical, will co-operate on ammonia businesses to secure fuel...

UNRG acquisition

United Energy Corporation has announced 100 percent acquisition of Integrity Terminals, adding to UNRG's previous minority ownership stake of...

Van Oord contract

Van Oord and Subsea 7 have been contracted by ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) for the Gas to Energy...

Koole acquires Alkion

Alkion is a leading bulk liquid storage operator and consolidation platform in Western Europe focusing on chemicals and biofuels. It operates...

Smartflow's Collaboration

Smartflow has announced the collaboration with NxtPort International, an innovative smart data-sharing platform, for sustainable, safe, and...

Kinder Morgan growth

Kinder Morgan has reported adjusted earnings of $621m for the second quarter, up from $516m a year ago. Steve Kean, CEO of Kinder Morgan...

JAPEX/JGC CCS study

Japan Petroleum Exploration (JAPEX) has signed a MoU with JGC Holdings Corporation (JGC), and Kawasaki Kisen Kaisha, (“K” Line) for a joint...