News and Articles

Golar Power Brazil

A protocol of intentions has been signed by the Pernambuco government and Golar Power (a joint venture between Golar LNG and Stonepeak...

TC Energy/Pioneer

The Pioneer Pipeline in Alberta, Canada, is to be acquired by TC Energy for $255m, through its wholly owned subsidiary NOVA Gas...

New tank lining tech

The new novalac tank lining from Sherwin-Williams represents “the next generation of tank lining technology”, it said in an online...

Geldof in Rotterdam

Engicon NV (Geldof) has released an online statement to say it is on track to meet its’ deadline at Alco Energy in Rotterdam...

Borealis/OMV Group

Borealis is to become a member of international integrated gas and oil company OMV Group, it announced in a press conference yesterday...

Aramco cuts spending

Saudi Aramco has said it will cut capital spending in response to the coronavirus outbreak. In the same statement it also reported a...

Pavilion/SLNG sign

A five-year agreement for LNG storage and reload services at the SLNG Terminal on Jurong Island has been signed by Pavilion Energy Pte...

DP World rate hike

It has been reported in the Indian press that Dubai-based logistics company DP World has got approval from the rate regulator for India’s...

GTIS expansion

Up to $100 million will be invested by Connecticut-based private investment company GTI Statia, to upgrade and expand its newly acquired...

Aransas dredging

Dredging is underway at Ingleside, on the bay at Port Aransas, to allow for supertankers and to build berths across the ship channel...

Berkshire investment

Berkshire Hathaway Inc. has decided not to invest C$4 billion in a liquefied natural gas (LNG) plant by the Saguenay port, it has been...

HPCL protests

Hindustan Petroleum Corporation Limited (HPCL)’s pipeline project is set to acquire lands in Sivadi village, but the residents (led by...

MPL/Technip USA FEED

Mexico Pacific Limited LLC (MPL) has awarded a front end engineering design (FEED) contract to Technip USA. MPL, which is a North...

Oil price repercussions

The recent fall in the oil price could lead to significant repercussions in the global petrochemicals industry, according to Wood...

Award winners named

The 2020 Global Tank Storage Awards took place at the Floating Pavilion, Rotterdam as part of StocExpo. The annual awards ceremony and...

Fortis LNG approval

FortisBC, (a gas distributor with 1.1 million regional customers), has filed a C$3 billion ($2.3 billion) LNG expansion plan with the BC...

Tecam’s green award

Tecam has won the Environmental Performance category at the Tank Storage Awards 2020 for its reduction of pollutant emissions. The...

Shetland strike action

Workers at the Sullom Voe Terminal in Shetland voted in favour of strike action yesterday (March 11). Unite the Union said 94 per cent of...

Russia/S. Arabia oil

After the collapse of OPEC+ talks last week, Russia could increase output by as much as 500,000 barrels a day in the near future, said...

Freeport LNG Train 3

McDermott International, Inc., (with its joint venture partners, Chiyoda International Corporation and Zachry Group), has announced that...

Aramco acquisition

The European Commission has cleared Saudi Aramco’s acquisition of a 70 per cent stake in SABIC from the Public Investment Fund (PIF) for...

Wärtsilä VTMS

Technology group Wärtsilä Corporation is to upgrade its Vessel Traffic Management System (VTMS) in the Indian port of Cochin. By adding...

CST representation

Aluminium dome, bolted steel tank and silo manufacturer, CST Industries, has announced new representation in Europe, the Middle East and...

Oil price crash hits

Following what has been described by Wood Mackenzie as “brutal” cost-cutting, will the industry restructure as it did thirty years ago...

NuStar $322m deal

NuStar Logistics LP, (which is a wholly owned operating subsidiary of NuStar Energy LP), has announced it has launched a conversion of...

FERC issues LNG EIC

The Federal Energy Regulatory Commission (FERC) has prepared a final environmental impact statement (EIS) to assess the impacts of...

New TWTG launches

TWTG will launch two new Industrial IoT products: NEON Vibration Sensor and NEON Thermocouple Sensor at Rotterdam this week. The two new...

Gazprom/OMV

Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, have signed a...

Worley/Azerbaijan

Azerbaijan International Operating Co. (AIOC), which is operated by BP, has awarded Worley a contract for engineering, procurement and...

Shell Oil sale

Shell Oil Products, a subsidiary of Shell, is marketing its refineries in Mobile, Alabama and Puget Sound near Anacortes, Washington. The...

DfT’s E10 consultation

As part of the government’s Renewable Transport Fuel Obligation (RTFO), the Department for Transport (DfT) has launched a new...

Prostar US$100m

Prostar Capital has announced it will invest up to US$100 million to expand and upgrade the operating capacity of its newly-aqcuired GTI...

Adler & Allan expands

Adler and Allan has announced it has expanded its fuel and energy capability by growing its non-destructive testing (NDT) team, “offering...

Emerson and QRI’s AI

Emerson and Quantum Reservoir Impact (QRI) have announced they have joined forces to develop and market next-generation applications for...

ExxonMobil framework

ExxonMobil has released a model framework for industry-wide methane regulations. In a statement accompanying the framework it urged...

Kuwait postponed

The Kuwait Downstream Summit has issued a statement announcing it has been postponed as a result of the COVID-19 coronavirus outbreak...

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