News and Articles

Excelerate delivers

Excelerate Energy LP has announced that it has started natural gas deliveries to the Brazilian market at the Bahia Regasification...

EU ‘needs LNG’

The EU is desperate for liquefied natural gas (LNG) while Asia's buying of LNG has left the region well stocked for the winter, with spot shipments...

NOVATEK’s board

Russia’s largest independent natural gas producer NOVATEK has passed the resolution to change the composition of its management board...

Chemoil acquisition

An investor group has announced the acquisition of Chemoil Terminals LLC a leading independent liquid fuels transportation terminal that...

Brazil oilfields auction

France’s TotalEnergies (TTEF.PA), Royal Dutch Shell (RDSa.L), Malaysia’s Petronas and Qatar Energy have scooped up big offshore fields in...

Market uncertainty

Market levels are expected to remain at current levels, with medium sour grades seeing support from the heightened pace of buying. Crude...

China expands storage

China’s state-backed Sinopec will relocate the crude oil storage tankers at its aging Shengli oilfield and add 160,000 tonnes of storage...

Market outlook

Market levels are expected to remain at current levels, with medium sour grades seeing support from the heightened pace of buying. Crude...

Vopak’s EGM

The extraordinary general meeting (EGM) of Royal Vopak held on December 17 2021 passed the following resolution. “Appointment of Mr...

Limetree Bay auction

The auction for the Limetree Bay Refinery located on the south shore of St Croix was won by Jamaica-based West Indies Petroleum (WIP) after a two-day

Gasmar investment

US firm Arroyo Investors is to invest in Chilean company Gasmar, which owns a terminal and storage facility for LPG in Quintero Bay, Chile. The...

Sunoco purchase

A bulk oil storage terminal at Piney Point has been purchased from NuStar Energy by Sunoco. The acquisition was part of the $250 million...

Hydrogenious/ESCO

German cleantech company Hydrogenious LOHC Technologies has formed a joint venture with Emirates Specialised Contracting & Oilfield Services...

Chow joins board

"We are delighted to have Ms Chow join our board, who brings years of experience as an executive and corporate director in multiple industries...

Indian Oil awards

Leading Indian EPC and turnkey project management company, Nuberg EPC, has been awarded the 10 tpd 2nd generation bioethanol-from-biomass...

Magellan explores

Magellan Midstream Partners LP is evaluating alternative uses for its Longhorn crude pipeline from Texas’s Permian Basin, including converting...

US rapid growth

US LNG export capacity has grown rapidly since the Lower 48 states first began exporting LNG in February 2016. In 2020, the US became the...

Aramco/OQ sign MoU

Aramco Trading Company (ATC) and Oman’s global integrated energy company, OQ SAOC, to explore business opportunities at the port of Duqm and...

Duisport development

Germany-based logistics firm duisport has revealed plans to establish the trimodal Duisburg Gateway Terminal (DGT) in collaboration...

NFE/Norsk Hydro deal

New Fortress Energy (NFE) has executed a 15-year supply agreement with a subsidiary of Norsk Hydro for the supply of LNG to a Brazilian alumina...

Nikkiso/Unitrove development

Cryogenic gas processing equipment producer Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (CE&IG) and clean energy...

Fluxys subscription window

Fluxys LNG, part of European gas infrastructure group Fluxys, has opened a new subscription window for booking bioLNG liquefaction services...

MOL/Vopak deal

Vopak will acquire 49.99 percent of the vessel owning company of MOL that owns a floating storage and regasification unit (FSRU) MOL FSRU...

Petroleum logistics partnership

Ecuador’s state oil company Petroecuador has signed a 15-year contract with fuel distributor Primax for the receipt, transport, storage and...

Major project status

Australia's Northern Territory (NT) government has elevated the Desert Bloom hydrogen project to major project status that will accelerate...

Supply to outpace demand

The world's oil supply is set to outpace demand starting this month, resulting in a chunky surplus next year, the IEA have said in a statement...

TOYO win

Toyo Engineering India Private Ltd (TOYO), a wholly owned subsidiary of Toyo Engineering Corporation (Toyo-Japan), has been awarded a contract...

New hydrogen subsidiary

Chinese state oil and gas company Sinopec has established a new subsidiary to focus on hydrogen, including infrastructure, storage and...

Re-Gen recognised

Leading robotic tank cleaning company, Re-Gen Robotics, has been recognised with three awards at the Energy Industries Council Awards 2021...

Hydrogen de-odourised

A pioneering energy project to gather vital evidence about the suitability of the gas network to transport hydrogen will see the clean burning...

SPR sale date set

The US Department of Energy (DOE) has announced that it will put 18 million bbl of crude oil from the US strategic petroleum reserve (SPR)...

First greenfield development

Vopak Moda Houston, LLC today announced that its marine terminal in the Port of Houston is fully operational. Formed in 2016, Vopak Moda...

Stanlow invests

Stanlow Terminals, based in northwest England, UK, has announced a three-year plan to develop the UK’s largest biofuels storage hub. The Stanlow...

ExxonMobil on detection

ExxonMobil and Scepter Inc have agreed to work together to deploy advanced satellite technology and proprietary data processing platforms...

Blueknight agreement

Blueknight Energy Partners LP has announced it has entered into a definitive agreement to acquire an asphalt terminal and 200-acre industrial...

SAF agreement

British Airways and Phillips 66 Ltd have entered into a multi-year supply agreement for sustainable aviation fuel (SAF) produced at the Phillips...

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