Top story of the day

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and chairman of the Abu Dhabi Executive Council, witnessed the signing of an agreement on the 4th of September 2024 under which ADNOC will acquire a 35 percent equity stake in Exxon Mobil Corporation’s proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas…………….

News and Articles

Sempra & FERC

Sempra Energy has announced it received the Final Environmental Impact Statement (FEIS) from the Federal Energy Regulatory Commission...

Stolt results

Stolt-Nielsen has reported a net profit in the fourth quarter of $3.6m, with a revenue of $526.1m, compared with a net profit of $3m...

Clear Creek

EnCap Flatrock Midstream has announced an initial venture capital commitment of $300m to Clear Creek Midstream. Headquartered in...

Waste agreement

Ecoslops and the Suez Canal Economic Zone have signed an agreement for the implementation of a collection, reception and treatment...

Hartree & Oaktree

Hartree Bulk Storage, LLC, a new liquids storage, terminaling and logistics platform company, has been formed by Hartree Partners and...

Phoenix certified

Phoenix Petroleum Philippines has achieved two ISO certifications following a series of audits and management reviews done by...

Oil & gas growth

Companies’ resilience to volatile market conditions will be put to the test in 2019, as business leaders expect the industry to commit to...

Gazprom development

Gazprom is actively working to expand gas infrastructure in the Sakhalin Region. In 2013–2018, Gazprom and its subsidiaries...

Rosneft in Lebanon

Rosneft has entered into an agreement for operational management of an oil products terminal in Lebanon. The agreement reached...

N-KOM FSRU

Nakilat-Keppel Offshore & Marine (N-KOM) has received the Exquisite floating storage and regasification unit (FSRU) at the Erhama Bin...

Buckeye closes sale of equity

Buckeye Partners has sold its equity interest in VTTI to Vitol Investment Partnership II Ltd and IFM Investors for $975m. The...

Dantec has launched its revolu

Dantec’s revolutionary composite hose bend limiter concept is now a reality. Composite Hose has found its place in the heart of...

Reduced intake of crude oil to

Analysts at Wood Mackenzie have stated that although a tariff has not been imposed on crude oil, they believe Chinese buyers reduced...

Ardian leaves CLH with sale of

French investment company Ardian, and first shareholder of Spanish company CLH, has sold its 10 percent remaining stake in the company...

ADNOC to drive performance wit

Speaking at the third annual Atlantic Council Global Energy Forum, in Abu Dhabi, H.E. Dr. Al Jaber, UAE Minister of State and...

INEOS chooses Antwerp for mega

INEOS has chosen the port of Antwerp as the location for a mega-investment of €3bn. It is the largest investment in the European chemi...

Par Pacific completes acquisit

Par Pacific Holdings has completed its previously announced acquisition of U.S. Oil & Refining Co. and certain affiliated entities...

Tank Insulation Market project

A new report has projected that the tank insulation market will reach $6.5bn by 2023, at a CAGR of 4.5 percent from $5.2bn in 2018. Th...

Shell Gas acquires 100% of Haz

Shell Gas has completed the acquisition of a 26 percent equity interest in the Hazira LNG from Total Gaz Electricité. The acquisition ...

TankTerminals.com inks Coopera

TankTerminals.com has signed a Cooperation Agreement with Hobbit Imaging Solutions for the exclusive integration of Hobbit’s Vessel Clear...

World’s largest LNG bunker v

The world’s largest LNG bunker vessel will enhance the LNG logistic chain for Klaipėdos Nafta (KN) in the Baltic Sea region. LNG fe...

Saudi Aramco acquires remainin

Saudi Aramco has completed the acquisition of LANXESS‘s interest in ARLANXEO Holding B.V., a Netherlands-based specialty chemicals joi...

BP and Lotte agree major expan

BP and Lotte have agreed to expand their petrochemical presence in South Korea with a major expansion of production capacity at their ...

Sempra to sell U.S. natural ga

A subsidiary of Sempra Energy is to sell its non-utility U.S. natural gas storage facilities to an affiliate of ArcLight Capital Partn...

Petrofac to provide engineerin

Petrofac and its partner Serikandi Oilfield and Services Sdn Bhd have secured a multi-annual Engineering Design Services contract to s...

Fujairah Weekly Oil Inventory

As of Monday, December 31 total oil product stocks in Fujairah stood at 17.348 million barrels – down by 1.9% week on week. Stocks of ...

Shell’s U.S. Gulf Coast petr

Shell Chemical has announced the start of production of the fourth alpha olefins (AO) unit at its Geismar, Louisiana, USA chemical man...

Indonesia’s Medco Energi in

It has emerged that the UK’s Ophir Energy is in takeover talks with Indonesian oil and gas group Medco Energi. Angus Rodger, Research ...

Greater Houston Port Bureau An

The Greater Houston Port Bureau’s monthly Commerce Club luncheon and annual meeting will take place January 10, 2019 at Houston Marrio...

Intero wins SPRINT Robotics Aw

Intero Integrity Services has won the SPRINT Robotics Award for the successful deployment of the OTIS500 robot, during a low flash poi...

Par Pacific closes acquisition

Par Pacific Holdings has successfully closed its acquisition of certain refining assets from an affiliate of Island Energy Services (I...

Buckeye closes sale of domesti

Buckeye Partners has completed the sale of a package of domestic pipeline and terminal assets to a subsidiary of InstarAGF Asset Manag...

Cavalcade partners with Pearl,

Newly formed, full-service midstream company, Cavalcade Midstream, has received a total equity commitment of $150m from Pearl Energy I...

Significant milestone reached

Several milestones have been reached in the development of the previously announced crude export terminal on Harbor Island, Texas, announ...

Monte Azul secures financing t

Peru-based logistics company Monte Azul has secured $34m in project financing for the construction, development and operation of Mollendo...

Hifa Petrol buys its fifth sto

Hifa Petrol has acquired a liquid fuel storage terminal in Ševarlije, near Doboj, for an undisclosed sum. It is the company’s fifth te...