ExxonMobil posts $4bn earnings

ExxonMobil has announced estimated second quarter 2018 earnings of $4bn, compared with $3.4bn a year earlier. Cash flow from operation...

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Williams expands Utica stake

Williams Partners subsidiary Utica Gas Services has completed the previously announced acquisition of an extra 13 percent stake in Utica ...
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BP commences operations at Sha

The Shah Deniz consortium has commenced commercial gas deliveries to Turkey from the Shah Deniz 2 development project. The consortium ...

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Wärtsilä begins constructing

Finnish smart technologies group Wärtsilä has been given the green light to begin construction of a new LNG terminal in the port of Ha...

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TEPSA GM

TEPSA's Board of Directors has named Nuria Blasco the company's new General Manager. She has taken over from Luis Sala. Nuria Blasco h...

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Gravity in Corpus Christi

Gravity Midstream’s subsidiary Gravity Midstream Corpus Christi, LLC, has closed on the acquisition of a 44 acre crude oil logistics term...
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Fujairah Weekly Oil Inventory

Oil product stocks in the Middle East's key oil hub of Fujairah fell 4.4% to a nine-week low in the week to May 14 after rising summer...

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Colonial buys Port Arthur term

Colonial Pipeline Company has purchased Shell Pipeline Company’s interest in the Port Arthur Products Station and Shell Ex Facility, know...
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DFS, Kingspan partnership

Dover Fueling Solutions (DFS) has announced a new partnership with Kingspan, a global authority and market leader in above-ground AdBl...

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Oiltanking Karimun commissione

07.06.16. PT Oiltanking Karimun has commissioned its new state-of-the-art Indonesia terminal with the receipt of 60,000 tonnes of gasolin...
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Tanker Puerto Rico

Puma Energy acquires BP’

Puma Energy is buying BP's aviation business in Puerto Rico.  Puma will take over the operation of the site at the Luis Muñoz Marín In...

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Magellan Midstream to further

Magellan Midstream Partners has announced an additional expansion of the western leg of its refined petroleum products pipeline system...

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LBC Rotterdam expansion

LBC Tank Terminals is to expand its Rotterdam site located in the Botlek area. The aim of the project known as Rainbow is to tr...

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Mid Stream

Morgan Stanley sells oil merch

Morgan Stanley is selling its Global Oil Merchanting unit of its Commodities division to Castleton Commodities International LLC (CCI)...

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Shell Midstream Partners enter

Shell Midstream Partners has agreed to acquire Shell's ownership interest in Amberjack Pipeline Company for $1.22bn.  "I'm pleased to ...
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Bakassi tank farm plan

06.06.16. Société Camerounaise des Dépôts Pétroliers (SCDP) is planning to extend its installations to the Bakassi peninsula, once the ce...
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Conoco Phillips Darwin LNG facilities

Oz LNG set to lead world

Australia’s LNG industry could become the world’s largest and most technologically advanced, contributing more than A$55 billion to th...

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Petrofac signs agreement to se

Petrofac is sell 49% of the company’s operations in Mexico, including Santuario, Magallanes and Arenque, to Perenco (Oil & Gas) In...

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Sonatrach to purchase Augusta

Algeria’s state energy firm Sonatrach has signed an agreement with Esso Italiana Srl, a subsidiary of Exxon Mobil, for the purchase of...

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Base Oil Tank

Lanka presses ahead with China

Sri Lanka is pressing ahead with the development of the China Bay oil storage facility, near Trincomalee. The Sri Lankan government wants...
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HEP begins operations at its n

Howard Midstream Energy Partners (HEP) and its bulk liquid terminal subsidiary Maverick Terminals Corpus have completed the new bulk l...

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Elba Liquefaction gets FERC go

06.06.16. Kinder Morgan subsidiaries Elba Liquefaction Company (ELC) and Southern LNG Company (SLNG), have received authorisation from th...
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FLUOR

Fluor bags Alberta project

Fluor Corporation has been awarded an engineering, procurement, fabrication and construction (EPFC) contract by Suncor Energy Oil Sand...

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Total begins operations at its

Total’s Ichthys LNG Project in Australia has announced the opening of the first offshore production well, marking the start of 40 year...

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McDermott and CB&I merger

McDermott International, Inc. has completed its merger with CB&I, that creates a vertically integrated provider of technology, eng...

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Blueknight on the road

Blueknight Energy Partners has acquired a Cheyenne, Wyoming asphalt terminal previously owned by Simon Contractors, a multistate, heavy h...
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Vopak Terquimsa begins second

Vopak’s Spanish joint venture Vopak Terquimsa is set to begin construction work on the second phase of its expansion project at the Ta...

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Magellan, LBC to expand Seabro

03.06.16. Magellan Midstream Partners and LBC Tank Terminals have entered into a letter of intent for Seabrook Logistics, LLC, owned 50/5...
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Gate breakbulk

Vopak has held a ceremony to mark the start of construction of a breakbulk facility at the Gate LNG terminal in Rotterdam.   T...
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Petronet LNG submits proposal

Petronet LNG has submitted a proposal for the construction of a 7.5 million tonne a year LNG import facility in Bangladesh.Last year...
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Fujairah Weekly Oil Inventory

Total oil product stocks in Fujairah fell 3.6%, or 682,000 barrels to 18.251 million barrels, as demand for light distillates rose in the...
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East Valley funding

East Valley Industrial Park, LLC received first round funding for the East Valley Rail Terminal (EVR), located just east of Williston, ND...
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Matrix Service enters into ful

Engineering and construction company, Matrix Service Inc., has entered into a full Engineering, Procurement, Construction (EPC) contra...

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Reliance offloads GAPCO stake

03.06.16. India’s Reliance Industries is selling its 76 percent stake in Gulf Africa Petroleum Corporation (GAPCO) to French oil major To...
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Emco Wheaton at ILTA

Emco Wheaton will use ILTA to unveil software that will make the process of selecting and purchasing a TODO Dry-Break more efficient. The...
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Vapour Corrosion Inhibitors (V

The Pipeline Research Council International (PRCI) has published a study on mitigating soil-side corrosion on the bottom plates of abo...

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