News and Articles

Duqm Refinery to receive stora

A joint venture between CB&I and Saipem S.p.A. is set to deliver an engineering, procurement and construction (EPC) package to the Duqm Refi

Fujairah Weekly Oil Inventory

As of Monday, September 17, total oil product stocks in Fujairah stood at 17.998 million barrels – down by 4.8% week on week. Stocks of lig

AB Klaipėdos nafta commission

KN (AB Klaipėdos nafta) is commissioning its LNG reloading station following a delivery of LNG by Shell Western LNG B.V.’s Cardissa. Two of

BPGIC commences expansion work

Brooge Petroleum and Gas Investment Company FZC (BPGIC), has initiated works on phase 2 of its storage terminal in the emirate of Fujaira...

$7.4bn Trans Mountain pipeline

Work is due to start on one part of the Trans Mountain’s $7.4bn pipeline expansion project after owners Kinder Morgan Canada came up with a

U.S. to become world’s large

Gas is expected to rise by over 50% by 2040 and the U.S. will become the world’s largest LNG exporter, say experts at Gastech 2018, th...

New Pakistan LNG terminal to s

Two businesses are building a $120m LNG terminal at Port Qasim in Pakistan to cater for their personal energy needs and those of their futur

Gastech day three: A future fo

The third day of the Gastech 2018 conference and exhibition got off to a strong start with a keynote address from Jean-Baptiste Dubreil, ...

Odfjell prepares for increase

Odfjell Terminals Rotterdam is working to find ways to increase terminal throughput while keeping customer satisfaction high. The terminal h

ExxonMobil considers significa

ExxonMobil is preparing a business case for a multi-million pound investment at its Fawley site to help meet demand in the UK market f...

LBC Rotterdam project Rainbow

The latest phase of LBC Rotterdam’s expansion work has been completed - Over the past two weeks three parts of the upper jetty structure wer

Vitol inks 15-year LNG SPA wit

Vitol has signed a deal with Cheniere Energy subsidiary Cheniere Marketing, LLC for the sale and purchase of LNG. Under the Sale and Purcha

Koch Supply & Trading Mex

Koch Supply & Trading Mexico is importing ultra-low sulfur diesel (ULSD) into Mexico through Vopak Mexico’s operations at the Port...

Underwriters must adapt to man

Now is the time to manage the “unthinkable” risks that could incur serious losses, according to IUMI President Dieter Berg. Opening this ye

National Oil Corporation of Ke

National Oil Corporation of Kenya is aiming to sell its 2004 constructed Nairobi petroleum depot. The company said in a statement: “In this

Industry leaders discuss criti

Day Two of Gastech began with a thought-provoking keynote address from Lorenzo Simonelli, President & CEO, Baker Hughes, a GE company...

Vesta Terminals new loading ar

Vesta Terminals is carrying out maintenance at one of its facilities. The company installing new fendering and a new marine loading ar...

Shell to maintain methane emis

Shell is to maintain methane emissions intensity below 0.2% by 2025. This target covers all oil and gas assets for which Shell is the ...

VTTI Energy Partners and VTTI

The VTTI Energy Partners LP shareholders have agreed to a planned merger with VTTI B.V., a deal that was put on the table back in Marc...

Gastech’s 30th edition inaug

The opening ceremony of Gastech 2018 30th edition was inaugurated by His Royal Majesty King Felipe VI of Spain, who invited the six co...

Sri Lankan LNG terminal via Pe

Sri Lanka is set to have its own LNG import terminal thanks to a joint ventre between India’s Petronet LNG and companies from Japan an...

CVR Refining announces intent

CVR Refining has announced it intends to sell its 1.5-million-barrel crude oil storage facility in. Cushing, Oklahoma. The company is ...

LNG terminal constructions beg

A ceremonial stone has been laid to mark the beginning of construction of the €100m Manga LNG Oy's LNG terminal in Finland. This ceremony p

EIA estimates U.S. now world�

The U.S may now be the world’s largest global crude oil producer, according to the Energy Information Administration (EIA). According to it

€340m Petrofac contract to b

GAZPROM’s South Stream Transport B.V. has awarded Petrofac a €340m EPC (Engineering, Procurement and Construction) for the development...

Borouge moves forward with fif

UAE-based Borouge has awarded the Engineering, Procurement and Construction (EPC) contract for its fifth polypropylene (PP5) plant in ...

Odfjell terminals positive per

The terminal business of Odfjell SE has faired well compared to the tanker part of the business. EBITDA for the company stood at $41m compa

Targa Resources to sell its cr

Houston-based Targa Resources Corp. has executed agreements to sell assets in its petroleum logistics business. The company plans to e...

Blueknight second quarter resu

In the second quarter of 2017 Blueknight Energy Partners (BKEP) saw net income of $6.4m on total revenues of $43.9m, This compares to a net

Buckeye Terminal reopens after

Following its closure as a result of a diesel oil spill on September 6, the Buckeye Terminal in the Arthur Kill Waterway near Port Rea...

Ministers’ Hosting Panel at

A panel that will focus on legislations enabling infrastructure development, new oil infrastructure projects in sub-Saharan Africa and on th

INEOS celebrates 20th annivers

INEOS Oxide has announced plans to invest €200m into its European Oxide business, coinciding with the company’s 20th anniversary. Of the €2

Phillips 66 awards Wood Group

Phillips 66 has awarded a five-year contract to The Wood Group that will see it provide supplemental maintenance services and support ...

Flowline launch

Flowline has announced the launch of its new EchoPro® Pulse Radar Solids Level Sensors. The 26 GHz pulse radar sensors work with foaming, v

Tropical storm Harvey update

Storage terminals in and around the area affected by Tropical Storm Harvey have started their clean-up operations. Port of Corpus Christi A

IEnova inks contract with Chev

Sempra Energy’s IEnova has reached a long-term contract with Chevron Combustibles de México S. de R.L. de C.V. (Chevron) for 50 percen...

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