News and Articles

CPCHEM bid

CPCHEM, a joint venture between Chevron Phillips and Phillips 66, has made a $15 billion bid to acquire Nova Chemicals, owned by UAE...

TEPSA Barcelona

TEPSA has appointed Ignasi Marí as the new terminal manager in Barcelona, as of June 1, taking over from Jordi Morales. Ignasi is an...

Robotics in oil & gas

The upstream, midstream and downstream segments of the oil and gas industry are gearing up to deploy robotics across a wide range of...

Profire acquires MEP

Profire Energy, through its wholly-owned subsidiary, Profire Combustion, Inc., entered into a definitive agreement to acquire...

Israel production

According to a new report by GlobalData, Israel has gone through an energy production revolution owing to discoveries of natural gas...

Shell divests

Equilon Enterprises a fully-owned subsidiary of Shell Oil Products US (Shell) has announced it has reached an agreement for the sale of...

Worley EPCM

Worley Parsons has been awarded an EPCM contract fron Thai Oil Public Company Limited (Thaioil) for its oil refinery in Thailand. Under...

Cheniere FID

Cheniere’s subsidiary Cheniere Energy Partners (Cheniere Partners) has made a positive FID for Train 6 of the Sabine Pass Liquefaction...

NOVATEK JV

PAO NOVATEK, Sinopec and Gazprombank have signed a Heads of Agreement on establishing a joint venture to market LNG and natural gas to...

Atilla tank project

Atilla has recently completed the Istanbul New Airport Tank Farm Project. Engineering and construction firm Atilla was contracted for the...

Exxon Permian

ExxonMobil’s development of Permian Basin resources in New Mexico will generate approximately $64 billion in net economic benefits for...

Demurrage rules

Kathryn Clay, president of the International Liquid Terminals Association, has testified before the U.S. Surface Transportation Board...

JAX LNG

JAX LNG, an LNG facility located at Dames Point in Jacksonville, Florida, held a ribbon-cutting ceremony May 16 to signify the official...

CVR Cushing Terminal

CVR Energy, Inc. has announced the sale of its Cushing Terminal as part of moves to accomplish its strategic objectives to manage costs...

Summit assets

Summit Terminaling has announced an equity commitment led by EIV Capital (EIV) that will allow Summit to construct, own and operate...

Refinery industry

In 2016, the International Maritime Organization (IMO) decided to strictly enforce use of bunker fuels with a sulphur content of 0.5%...

Exxon Fawley

ExxonMobil is to expand its Fawley refinery in the UK to increase production of ultra-low sulphur diesel by almost 45 percent, or 38,000...

KN first quarter

In April 2019 AB Klaipėdos nafta (KN) has reloaded 433 thousand tonnes of petroleum products in Klaipėda and Subačius oil terminals, an...

Marathon merger

Marathon Petroleum Corporation plans to merge its midstream businesses, MPLX and Andeavor Logistics, in a definitive merger agreement...

Odfjell Q1

Odfjell Terminals has reported an EBITDA of $6.7 million in the first quarter, up from $5 million in the fourth quarter of last year and...

Anadarko bidding war

Occidental Petroleum Corporation has offered a revised and significantly enhanced proposal to acquire Anadarko for $76 per share. The...

OTS rebranding

Oil Tank Supplies Ltd has changed its name change to OTS Group Ltd as part of a wider corporate rebranding and repositioning strategy...

Polskie LNG expands

Polskie LNG has appointed Tractebel to provide technical consulting services within the LNG Terminal Expansion Program. Tractebel’s main...

Inter Pipeline responds

Inter Pipeline has confirmed that is has received a “proposal” to purchase the company, in a statement issued in response to a request...

Klaipėdos Nafta July

Klaipėdos nafta (KN) reloaded 575 thousand tonnes of petroleum products in Klaipėda and Subačius oil terminals in July. During the first...

Croatian LNG terminal

The European Commission has approved public support for the construction and operation of an LNG terminal at Krk island, Croatia. The...

APC sales manager

Advanced Polymer Coatings (APC) has promoted Matthew Sokol to Industrial Sales Manager, responsible for sales of the company’s ChemLINE®...

RHIP facility

Petroleum Development Oman’s (PDO) Rabab Harweel Integrated Project (RHIP) has begun gas production from six sour wells to date. This...

HES Botlek tanks arrive

Six tanks, totalling 20,000 cbm, have been transported by floating sheerlegs from the production hall where they were built to the HES...

Abadi LNG approval

INPEX Masela has received the official approval of Indonesian government authorities concerning the revised Plan of Development (POD) for...

Pieridae & Uniper

Pieridae Energy and Uniper have agreed extensions of the key deadlines under their 20-year agreement. These include expected commercial...

Orla 3

Enterprise Products Partners has announced that service recently began on the third train at its Orla cryogenic natural gas processing...

Stolt-Nielsen Q2

Stolt-Nielsen has reported its net profit in the second quarter was $3.6 million, with revenue of $518.9 million, compared with a net...

Alaska LNG DEIS

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

McDermott & Aramco

McDermott International is to complete engineering, procurement, construction and installation (EPCI) services for Saudi Aramco in the...

Global LNG

The U.S.'s new-build liquefaction capacity is expected to grow from 26.1 million tonnes per annum (Mtpa) in 2019, to 210.3 Mtpa in 2023...

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