News and Articles

Odfjell results

Odfjell SE second quarter results reflect an improving chemical tanker spot market and improved contract renewal rates. The company...

Calcasieu Pass FID

Venture Global LNG has announced the closing of the project financing for the Calcasieu Pass LNG facility and associated TransCameron...

BHGE FNTP

Baker Hughes (BHGE) has been granted final notice to proceed (FNTP) on the construction of its comprehensive LNG technology solution for...

Cameron Train 1

Commercial operation of Train 1 at the Cameron LNG project has begun. McDermott International, Inc. announced the beginning of operation...

Anova First Advisor

Industry veteran William (Bill) Kroll has been welcomed by Anova as its first advisor to support the company through a period of immense...

Event: Oil Terminal 2019

Oil Terminal 2019, the 14th annual technical conference and exhibition, will be held on 28-29 November in Saint-Petersburg. The event has...

Zeebrugge H1

Fluxys has reported a high utilisation rate at its Zeebrugge LNG terminal during the first half. The number of ships docking at the...

Marquard & Bahls

Marquard & Bahls is selling its stake in natGAS to the former co-shareholder Friedrich Scharr, a move that is in line with Marquard &...

Cheniere results

Cheniere Energy reported a net loss of $114 million in the second quarter, compared to a net loss of $18 million in the same period last...

McDermott contract

McDermott has been awarded a ront-end engineering design (FEED) services contract by PetroLogistics ll for a propane dehydrogenation...

Yamal LNG

Yamal LNG has shipped its twentieth million ton of LNG since the commencement of the project. The new Arc7 ice-class tanker Vladimir...

Hempel R&D

Coatings manufacturer Hempel has appointed Nigel Shewring as its new Group Director of Research & Development (R&D). Nigel joins the...

NuStar Permian export

NuStar Energy’s Corpus Christi North Beach Terminal will be the first to load the first cargo of the long-haul Permian crude onto a ship...

U.S. petroleum

The latest Monthly Statistical Report from the American Petroleum Institute (API) shows total U.S. petroleum demand averaged 20.8 million...

Tank insulation

Market research firm FutureWise has predicted the global tank insulation market will value over $7 billion by 2026 end and grow at a CAGR...

Kinder Morgan projects

In response to growing customer demand, Kinder Morgan, Inc. (KMI) has launched a series of projects, totalling over $170 million of...

COUNT Terminal

COUNT Terminal Rotterdam, a multi-service company that is active in the field of storage and mixing of important sustainable energy...

Oil data

As of Monday, July 22 total oil product stocks in Fujairah stood at 19.379 million barrels, adding 307,000 barrels week on week. Overall...

Evolution new CEO

Evolution Petroleum Corporation has appointed Jason Brown as President and Chief Executive Officer effective July 10, 2019. Robert Herlin...

OTAGT tank

Oiltanking Antwerp Gas Terminal (OTAGT) has awarded Engicon NV (Geldof) and BAM Contractors (BAM) an EPC contract for the construction of...

NGL TPSL sale

NGL Energy Partners has signed a definitive agreement to sell TransMontaigne Product Services (TPSL) and associated assets to a strategic...

Tank Storage Asia

The most prominent challenges, developments and solutions in the Asian bulk liquid storage industry are to be addressed at Tank Storage...

CLP Power FSRU

Law firm Mayer Brown has advised CLP Power Hong Kong with the Hong Kong Offshore LNG terminal project, which involves the use of floating...

Product of the Year

Fisher Tank, McDermott and CB&I among the winners of the STI/SPFA 2018 Steel Fabricated Product of the Year award winners announced...

Cyprus bid

KN (AB Klaipėdos nafta) is partnering with the market leaders in the tender procedure for the design, construction and operation of the...

FERC Houston

The Federal Energy Regulatory Commission (FERC) is creating a new division in its Office of Energy Projects to accommodate the growing...

APC representative

APC has named a representative in Russia for its Chemline® and Marineline® coating systems in order to meet the growing worldwide demand...

Cepsa refinery

Frames has designed and supplied an electrostatic colaescer for kerosene treatment to the Compañía Española de Petróleos, S.A.U. (Cepsa)...

Radar level gauges

Emerson has announced that it has enhanced its Rosemount™ 5300 Guided Wave Radar Level Transmitter to optimise separation process...

LBC Shanghai

LBC Tank Terminals has agreed to divest its interest in its 74,000 cbm Shanghai Terminal. The joint venture partner Cosco Shipping will...

Stena <0.5% ready

Stena Oil is now able to supply fuel oil with less than 0.5% sulphur content. The fuel oil is available by barge in the Skaw - Gothenburg...

STI/SPFA Safety Awards

STI/SPFA announced companies receiving Safety Awards for 2018 during the 2019 STI/SPFA Annual Meeting Award Dinner held July 20 in Avon...

Oxy acquires Anadarko

Occidental Petroleum Corporation has completed its acquisition of Anadarko Petroleum Corporation in a transaction valued at $55 billion...

Magellan results

Magellan Midstream Partners has reported a net income of $253.7 million in the second quarter, up from $214.4 million in the same period...

ExxonMobil results

Exxon Mobil Corporation has reported estimated second quarter 2019 earnings of $3.1 billion, down from $4 billion a year earlier...

Shell Midstream Q2

Shell Midstream Partners recorded a net income of $115 million, for the second quarter of 2019, compared to $132 million for the prior...

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