News and Articles

Louisiana terminal fire

A fire took place at the International-Matex Tank Terminals’ (IMTT) St Rose facility in Louisiana, U.S. yesterday (29 July, 2020), but no...

Carboil acquisition

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

Tarsco Bolted Tank

The crew at Tarsco Bolted Tank completed a 40ft wide by 23.25ft high carbon steel fire protection water storage tank in Bordentown...

Petrobras in Nymex move

Petrobras said it has increased competition with distributors and traders through recent fuel auctions linked to futures contracts priced...

GPCA report

The Gulf Petrochemicals and Chemicals Association’s (GPCA’s), 2019 Responsible Care® Performance Metrics Report was released this week...

PTTGCA: NGL storage

PTTGC America (PTTGCA) has executed a precedent agreement with Energy Storage Ventures LLC, (through its wholly-owned subsidiary...

TSA safety charter

The Tank Storage Association (TSA) has formally launched a new Safety Leadership Charter, which it said reaffirms its commitment to the...

TWTG expands IOT range

TWTG said: “In an effort to better serve our customers, we are excited to announce that we are expanding our NEON product line. Starting...

Nepal fuel storage up 15%

Surendra Poudel, Managing Director of the state-owned Nepal Oil Corporation (NOC), said the company has begun work to increase the...

Tristar JAFZA construction

Global integrated energy logistics company Tristar Group has begun construction of ten new storage tanks for its chemical terminal...

Kanfer and CGR collaborate

Kanfer Shipping AS, the Norway-based shipping company focused on liquefied natural gas (LNG) break-bulk and bunkering ships, said it has...

Crowley bulk storage

Crowley Solutions, a leading provider of energy, maritime, technology and supply chain services for the U.S. Government, was awarded...

Vopak in Asian first

Royal Vopak said it was given the “unique opportunity” to perform Asia’s very first online/no man entry inspection of a low flashpoint...

GP Global restructures

Dubai’s GP Global has launched a restructuring process, but has denied that two of its storage terminals have been sealed. GP Global said...

India to use U.S. storage?

The U.S. and India have signed a memorandum of understanding (MoU) outlining cooperation on the operation and maintenance of...

Risco/Chart collaboration

Singapore-based independent Risco Energy has teamed up with U.S. LNG equipment maker Chart Industries to support the growing Indonesian...

Panigaglia storage capacity

The Italian LNG Panigaglia terminal will double in storage capacity by the end of 2021, Snam Rete Gas (who owns the terminal’s operator...

PipeChina $56bn

PipeChina has agreed to buy pipelines and storage facilities valued at 391.4 billion yuan ($56bn). Under the deal, PipeChina, (formally...

U.S. crude stocks climb

U.S. commercial crude inventories rose during the week ending 17 July, as production rebounded for the first time since the early days of...

Geldof WIMAP project

Engicon nv (Geldof) has announced that it has nearly finished construction of a tank for the storage of acrylonitril, as part of a project..

Global oil market 2027

Amid the COVID-19 crisis, the global market for oil storage, which was estimated at 1.6 billion cubic metres in 2020, is projected to...

Reuters marketing guide

Reuters Events has released a guide for marketers in the Petrochemicals, LNG & Refining space, ‘Marketing during COVID-19: A Guide for...

NISTM January 2021

The National Institute for Storage Tank Management (NISTM) has announced that it has rescheduled its 22nd Annual Aboveground Storage Tank...

ROSEN new service

The ROSEN Group has launched a new TBIT Ultra service for inspection of aboveground storage tanks. The ROSEN Group, a globally leading...

ADIPEC goes virtual

The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) will now take place from 9-12 November 2020 – completely online...

Shell Deer Park closes FCC

Royal Dutch Shell Plc shut the gasoline-producing fluidic catalytic cracker (FCC) at its 318,000 barrel-per-day (bpd) joint-venture Deer...

Tellurian/Petronet talks

U.S. LNG export player Tellurian has reportedly renewed talks with India’s Petronet regarding an investment of up to $2.5 billion in its...

CPECCNC chooses GTT tech

China Petroleum Engineering & Construction Corporation North China (CPECCNC) has chosen Gaztransport & Technigaz (GTT)’s GST® technology...

Applus+ NDT contract

Applus+ will be performing Automated Ultrasonic Testing (AUT) weld inspections on the construction of a new LNG liquefaction plant “for a...

Rubis acquires TEPSA

Rubis Terminal, a joint venture between I Squared Capital, which is an international infrastructure fund manager, and Rubis, a French...

Vopak $350m agreements

Royal Vopak has announced the signing of note purchase agreements for a debt issuance in the U.S. Private Placement (USPP) market for a...

Target wins Ras contract

Target Engineering Construction Company has won a SAR 200 million contract to replace five storage tanks at Saudi Aramco’s Ras Tanura...

Chevron to buy Noble

Chevron Corp is to buy Noble Energy for about $5 billion, which will be the biggest U.S. energy deal since COVID-19 crushed global demand...

Galveston application

Pilot LNG (which is a U.S. energy company), has filed regulatory applications with the relevant U.S. Government agencies. If approved...

Perusahaan LNG hubs

PT Perusahaan Gas Negara (PGN), the Indonesian state-owned gas company, will develop three domestic LNG hubs to supply the country’s...

Henry Hub record low

In the first half of 2020, natural gas prices at Henry Hub reached record lows. The Henry Hub is a distribution hub on the natural gas...

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