News and Articles

GPCA says plan and prepare

The oil and gas and chemical sectors are expected to start to recover in Q3 2020. But the chemical industry in the Arabian Gulf “must...

W-Tank catalogue

Toro Equipment has launched its new catalogue of W-Tank® storage tanks, settling tanks, digesters and covers. It is now available to...

Singapore fuel oil

Singapore’s residual fuel oil inventories were virtually unchanged in the week ending June 10, holding at a three-week high despite...

Yantian offshore LNG

China’s first offshore LNG bunkering terminal for oceangoing vessels will be at Yantian Port in Shenzhen in southern China, as the...

Aramco buys 70% of SABIC

Saudi Aramco has purchased 2.1 billion shares, (or 70%) of Saudi Basic Industries Corp (SABIC) for 259 billion riyals ($69.1 billion) in...

Russian oil exports

There is speculation that Russia may further cut overseas supplies of its Urals oil next month, as there is a rising demand from domestic...

US coronavirus cases

Oil prices fell last week, as coronavirus cases surged and raised the prospect of a second wave of the COVID-19 outbreak hitting demand...

Belarus: US crude

The first ever barrels of US crude have been unloaded by Belarus’ Naftan refinery, according to Belneftekhim spokesman Alexander...

Sakhalin LNG closure

Russia’s Sakhalin Energy has closed one LNG train at the Gazprom-operated Sakhalin-2 facility, “for planned maintenance due to challenges...

Tecam sustainability

Tecam said it is promoting its commitment to a sustainable industry by obtaining a new ISO certificate: Environmental Management ISO...

EEMUA 242 new guide

EEMUA 242, ‘Proof testing good practice for Instrumented Protective Systems’, outlines good practice for carrying out proof testing of...

Cygnus new tech

The Cygnus 1 Intrinsically Safe is designed to safely measure metal thickness in potentially explosive environments and hazardous areas...

Trafigura half year results

Commodity trader Trafigura has benefited from the sharp decline in crude prices caused by the coronavirus pandemic, according to the half...

Brussels expansion

Brussels South Charleroi Airport plans to expand its storage capacity in order to increase activity, with the financial help of SOWAER SA...

CLH airport expansion

The CLH Group’s renovation of the facilities at Zaragoza Airport will allow the Group to provide a better service to the various...

Wolftank green future

Wolftank-Adisa Holding AG’s Austrian team has launched a new corporate image and website. It said the new brand better represents the...

Wolftank €3 million

Wolftank-Adisa Holding AG has announced the majority acquisition of Rovereta Srl, a 100 per cent subsidiary of Petroltecnica Spa...

Weston/AST partnership

Weston & Associates LLC, a specialty consultant for both the liquid and dry bulk storage tank industries, has formed a strategic...

Omega Oiltanking deal

Omega Partners III, LLC, through its subsidiary Omega Partners Illinois LLC, has signed an agreement with Oiltanking North America LLC...

Stolt-Nielsen CEO

In an update entitled, “A personal message to all our stakeholders from CEO, Niels G. Stolt-Nielsen”, Stolt-Nielsen, the global company...

Wolftank smart sensor

Wolftank-Adisa Holding AG’s smart sensor for leak detection “has countless applications”, the company said. Furthermore, thanks to both...

NDT assists assessments

As the oil and gas industry will experience some significant challenges in the coming months, NDT technology efficiency may assist with...

McDermott’s huge win

McDermott's storage business, CB&I Storage Solutions, has won two Storage Tank of the Year awards in the field erected storage category...

Storage services $1.34bn

A new report – Global Oil & Gas Storage Services Market, By Service (Storage Service, Throughput, Ancillary Service), By Product Type...

KRAL flowmeters

Due to their high accuracy, KRAL flowmeters are predestined for test benches. High-precision measurement results lead to reliable...

Specialty Products webinar

Specialty Products, LLC (SPI), which is a VersaFlex Company, has announced its next webinar will take place on June 10, 2020. It will be...

FETSA on EU recovery

The Federation of European Tank Storage Associations (FETSA) has welcomed the European Commission’s proposal for a major recovery plan...

Vopak COVID-19

Together with the Singapore Economic Development Board (EDB) and 18 other companies in Singapore, Royal Vopak has contributed to the...

Oil prices returning

Oil’s turn in fortunes is prompting some US producers to open their taps again, just as OPEC+ producers head toward a consensus on...

Krohne Vaca Muerta

Krohne Group’s Altosonic V12 ultrasonic flowmeter for natural gas is installed on the Vaca Muerta field in the west of Argentina. There...

Crude tanks emptied

In a bid to increase its capacity to store fuel, Iran has started to empty its crude oil storage tanks. 770,000 bbl of crude was sent to...

Bonga closes

Shell Nigeria Exploration and Production Company (SNEPCO), the operator of the Bonga field, has said Nigeria’s Bonga crude oil export...

Hinkley second reactor

Completion of the second reactor base at Hinkley Point C has benefited from experience gained on the first identical unit – leading to...

Two Implico apps

Implico, the international software and consulting company for the oil and gas industry, has celebrated another milestone in its ongoing...

Oil and Gas Russia

Oil and Gas Russia and CIS Online, which involves an online business forum, onsite visits and 1-2-1 meetings, is an international...

Storagetech completes

Äager brand, Storagetech (which is an expert in tank equipment), has completed its R&D activities on its new Air & Gas Absorber...

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