Phillips 66 update

Refiner Phillips has reported a 70 per cent plunge in quarterly profit, as it was hit by lower margins and higher turnaround activity at...
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Rotterdam extension

LBC Tank Terminals has just announced it has taken the final investment decision to expand the terminal at RotterdamBotlek with 70,000 m3...
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Excelerate/Engro

Excelerate Energy LP has signed a heads of agreement with Engro Elengy Terminal Ltd (EETL) for the expansion of the EETL LNG import...
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IDEX acquires Flow

IDEX Corporation has entered into a definitive agreement to acquire Flow Management Devices LLC (Flow MD), for cash consideration of...
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RVB Market Report

In its annual market report, RVB Tank Storage Solutions focussed on the many disruptions the market faced last year. It said it had seen...
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Cheniere’s 1,000th

Cheniere Energy Inc has produced and exported its 1,000th cargo of LNG, it has announced. In doing so it has set an industry record and...
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DirecTank/Charter

Houston-based DirecTank Environmental Products, LLC and Charter Industrial Supply, LLC, which supplies petroleum products and is...
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McDermott FEED phase

McDermott International Inc. has been granted approval from Beowulf Energy LLC and Preem AB to commence the FEED phase for its residue...
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Cameron needs time

Cameron LNG has asked energy regulators in the US for a 72-month extension (until May 2026) to build the second phase of the joint...
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Fluor wins contract

Fluor Corp. has been awarded a project management consultancy services contract by Bharat Petroleum Corp. Ltd (BPCL), it said in a...
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Aramco blockchain

Saudi Aramco Energy Ventures has invested £3.85 million in VAKT, a company that uses blockchain for commodity post-trade processing. The...
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Petrolina facility

The new £67.5 million Petrolina liquid fuels storage facility at Vassiliko in Cyprus has been inaugurated by the country’s president...
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TECAM/RIECO project

Spanish environmental technology company TECAM has entered into an agreement with RIECO for the development of gas treatment projects in...
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New Hess Guyana oil

Hess Corporation has announced another oil discovery offshore Guyana at the Uaru well, and revealed an increase in the estimated gross...
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Gazprom/Shell expand

Gazprom Neft and Shell have agreed to expand their JV Salym Petroleum Development, Gazprom Neft has announced. The development’s...
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Enterprise new plant

Enterprise Products Partners L.P. recently began operations at its new Bulldog cryogenic natural gas processing plant in Panola County...
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ADNOC/Eni contract

Abu Dhabi National Oil Company (ADNOC) has signed a strategic framework agreement with Italian energy company Eni, to explore new...
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McDermott finances

McDermott has announced a financial restructuring transaction that will eliminate over £3.5 billion of debt. Furthermore, it will...
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FERC appointments

The Federal Energy Regulatory Commission (FERC) has announced two new senior-level staff appointments: John Kroeger as Director, Office...
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Garland is API CEO

Phillips 66 Chairman and CEO Greg Garland will serve as chairman of API’s Board of Directors for a two-year term, The American Petroleum...
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Vesta expansion

Vesta Terminals BV announced the expansion of its subsidiary Vesta Terminal Antwerp NV today by 150,000 cbm for (bio) jet fuel, gasoil or...
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KMI terminals

Construction activities have begun on a series of projects at Kinder Morgan’s Pasadena Terminal and Jefferson Street Truck Rack, located...
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Texas GulfLink

Sentinel Midstream and Freepoint Commodities have aligned to further the construction, operation, and utilisation of Texas GulfLink, a...
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Cool-to-touch

Industries and facilities around the world face challenges linked to the maintenance of pipework, tanks, and vessels. Damage and...
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Buckeye interest Freeport

IFM Global Infrastructure Fund (IFM GIF) has contributed its 57.6 per cent equity interest in Freeport LNG Development, L.P.’s (Freeport...
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IECA urges Congress

The Industrial Energy Consumers of America (IECA), a trade group that represents U.S. manufacturers, has sent a letter to Congress asking...
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Confirmed exhibitors

Over 150 leading companies from across the world’s bulk liquid storage supply chain have already signed up to exhibit at StocExpo 2020...
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Major Rubis investor

Bulk liquid storage specialist Rubis has signed an agreement with global infrastructure investor I Squared Capital, which states I...
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Marquard/Nordic Blue

Hamburg-based Marquard & Bahls has acquired a stake in Nordic Blue Crude – a major player in the power-to-liquid sector – and in doing so...
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Elba’s fourth train

Kinder Morgan Inc. has requested permission from federal energy regulators to put the fourth LNG train into service at its Elba Island...
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Magellan/Buckeye

Magellan Midstream Partners is to sell three marine terminals to Buckeye Partners, LP for £192m and will approve £575m buyback, according...
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Petronas/Shenergy

Petronas, the Malaysian energy company, has signed an LNG supply agreement with Shenergy Group Company for a 12-year term that begins in...
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2028 Elengy closure

Elengy, the French LNG terminal operator, has said its Fos Tonkin facility will continue to operate until 2028. Post-2020, the proposed...
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Dods named CEO

Christopher Dods has been named Chairman of the Board, Chief Executive Officer and President of Strategic Materials, North America’s...
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Gastrade’s 2nd test

The Alexandroupolis LNG terminal project is now in its second phase of the market test, Gastrade has announced. The project aims to...
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UAE oil stocks jump

As IMO 2020-mandated marine fuel requirements took effect, oil products stockpiles at the UAE’s Fujairah trading hub rose over the past...
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