Bedrock NGL open for business

20.06.16. Prism Midstream LLC has begun accepting natural gas liquids (NGLs) and condensate at the Bedrock Liquids Handling Facility in C...
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Oiltanking acquires Vopak Finl

Oiltanking GmbH is buying 100 percent of the shares of Vopak Chemicals Logistics Finland Oy, comprising two terminals for storage and ...

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Enterprise reports record EBTD

Enterprise Products Partners L.P. saw its net income for the second quarter of 2018 decline by $322m. However, its adjusted EBITDA inc...

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FOS Cavaou LNG Terminal to be

To support the sea transport industry in its efforts to combat climate change, Elengy and its subsidiary Fosmax LNG, owner of the Fos ...

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Kenya wants private fuel stora

Kenya is inviting more private investment in the country’s storage terminals.Kenya Pipeline Company (KPC) chairman John Ngumi announced...
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Valero to import refined produ

Valero Marketing and Supply de Mexico, an indirect wholly owned subsidiary of Valero Energy Corporation, announced that it has signed ...

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Japan mulls LNG bunkering hub

Japan’s Ministry for Land, Infrastructure, Transport and Tourism (MLIT) has launched a feasibility study for LNG bunkering in port of...
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Puma Energy completes UK acqui

Puma Energy has completed the purchase of Murco Petroleum Limited’s UK assets.They obtained all the required UK government and HMRC...
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Brightoil Petroleum in talks t

Brightoil Petroleum (Holdings) Limited is engaging in preliminary negotiations with potential investors for the sale of its Zhoushan O...

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Oil Terminal Constanta records

Oil Terminal Constanta, the operator of state owned oil terminal in the Black Sea reported a net profit of RON16,698 ($4,321) in the f...

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Offer for Vopak UK assets

Vopak has received a non-binding offer from an unnamed company on all of its UK assets. Based on this interest, the Dutch group said e...

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NDT Global appoints new Chief

NDT Global, a supplier of ultrasonic pipeline inspection and integrity services, has appointed Nathan Leslie as Chief Sales Officer. H...
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Loadtec launches servicing com

10.06.16. Loadtec Engineered Systems has created a new servicing company, Loadtec Service Ltd, aimed at providing lifetime servicing and ...
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Gunvor sells stake in Ust-Luga

Gunvor Group has sold a 74 percent stake in OJSC ‘Ust-Luga Oil’, the operator of Ust-Luga Oil Products Terminal, to a company controll...

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Floating LNG liquefaction: Cha

FLNG is being widely considered as a solution to cost pressures in the industry. FLNG eliminates the need for a pipeline to shore for ...

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Scully Signal Company shares i

Scully Signal Company has released a new corporate profile video which highlights the company’s capabilities. It includes interviews w...

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Shtandart TT, Rotterdam termin

Shtandart TT and Port of Rotterdam Authority have terminated the contract for the construction of Tank Terminal Europoort West.  ...
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Valero to purchase Pure Biofue

Valero Energy is to purchase Pure Biofuels Del Peru (PBF) from private equity firm Pegasus Capital Advisors, the company’s first infra...

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Enagas, Barcelona sign LNG sup

Spanish LNG terminal operator Enagas and Port of Barcelona have signed a deal to set up new logistics services for LNG at the Barcelona...
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Myanmar looking for partners

Myanmar is seeking joint-venture partners to import, store, distribute and sell oil products, according to a tender document seen by...
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KKR, Williams JV acquires Disc

Through a newly formed joint venture, KKR and Williams have agreed to acquire Discovery Midstream from TPG Growth for approximately $1...

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LPG production commences at Vo

Volga Gas, the oil and gas exploration and production group operating in the Volga Region of Russia, has announced production of LPG h...

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ADNOC collaborates with Ravago

The Abu Dhabi National Oil Company (ADNOC) today announced that it has signed a Memorandum of Understanding (MoU) with Ravago Group, a...

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Rig count continues to drop

08.06.16. The average US rig count for May 2016 was 408, down 29 from the 437 counted in April 2016, and down 481 from the 889 counted in...
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Fujairah Weekly Oil Inventory

Oil product stocks at the Middle East's key oil hub of Fujairah fell 2.9% in the week to Monday, slipping to a five-week low as light ...

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Mooring system on first LNG im

In 2017 Jumbo was awarded a contract by Geocean for the Moheshkhali Project. Mobilisation began in mid-December 2017 with the installa...

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Inter Pipeline buys Swedish te

Inter Pipeline Ltd has completed the acquisition of four petroleum and petrochemical storage terminals in Sweden from a subsidiary of Roy...
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Profits increase sevenfold for

The state-owned company posted a net income of RUB81bn for the three-month period, up from RUB11bn in the same period last year. Reven...

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Prostar takes stake in China t

08.06.16. Prostar Capital has agreed to acquire a 40 percent interest in a crude oil and refined product storage terminal near Shanghai f...
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Hess

Hess, Global JV in Bakken

Hess Corporation has agreed to sell a 50 percent interest in its Bakken midstream assets to Global Infrastructure Partners for a cash ...

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Magellan Midstream and LBC to

Magellan Midstream Partners and LBC Tank Terminals have announced plans to increase Seabrook Logistics’ crude oil and condensate stora...

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New LPG bottling plant in Odis

Indian state-run oil marketing company Bharat Petroleum Corporation Ltd. (BPCL) said it is to set up an LPG bottling plant at Barkhani...

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Oman terminal project invites

Contractor prequalification has opened for the proposed Oman Tank Terminal Company (OTTCO) project at Ras Markaz on Oman’s Wusta coast...

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Total signs MoU for integrated

Total has signed a Memorandum of Understanding (MoU) with the Government of Oman to develop natural gas resources in Oman. This MoU co...

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Pirobloc heating for Tüpras B

08.06.16. Pirobloc has completed the supply of a Hot Oil Package for the Tüpras refinery in Batman, Turkey. The project includes 2 therm...
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Bedrock bedding in

Prism Midstream is starting construction of the Bedrock Liquids Handling Facility in Crockett County, Texas. The facility will handle...
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