News and Articles

Mauritania interest

Along with Senegal, Mauritania is undoubtedly one of the two countries that has received a great deal of interest from oil and gas investors...

China’s $15b plan

A group of Chinese state-owned enterprises has volunteered to build a $15 billion oil refinery complex, in a bid to help Pakistan, which has...

Evos’ growth

Evos, (owned by investment funds managed by First Sentier Investors) has successfully refinanced (through Evos Finance BV) its outstanding...

NuStar results

NuStar Energy LP has announced solid third quarter of 2021 results fuelled by strong throughputs on its refined products and crude oil...

Tank Talk webinar

StocExpo is hosting a new Tank Talk webinar with Varec, November 10 at 3pm. It said: “Join Varec to learn essential systems engineering strategies...

Clean energy initiative

The governments of the UAE and Germany are launching new action plans in the energy sector as part of the Declaration of Intent signed by both...

BP exceeds

BP has announced its underlying replacement cost profits jumped to $3.3 billion US dollars (€2.8 billion) in the three months leading to...

Ortiz takes charge

US energy infrastructure company Sempra appointed Tania Ortiz as president of Sempra Infrastructure in Mexico following a consolidation of...

Vopak investigates

Vopak is investigating the strategic options for its terminals in Australia – this may include continued operations or divestment. It said: “As...

Antea insight

Floyd Baker, VP at Antea North America, says digital twin can be defined as a digital representation or virtual model of a physical object, is...

Biratnagar conversion

The Nepal Oil Corporation (NOC) has decided to convert the kerosene storage tanks at its Biratnagar depot into diesel storage tanks as the...

Implico’s CTO

The global IT solutions provider and digitalisation specialist for the energy industry, Implico Group, has welcomed a new senior-level executive...

Investigation complete

The US Navy has completed an investigation into a leak from its Red Hill fuel tank storage facility in Hawaii on May 6, 2021 and found that it...

Registration open

StocExpo, the largest and longest running international bulk liquid storage event, is finally back live and in-person from March 8-10 2022 at...

Sakhumnotho invests

African investment company Sakhumnotho Group Holdings has bought an initial 26 percent stake in the Refinex and South African Tank Terminals...

Limetree bidders

Potential bidders for the bankrupt Limetree Bay refinery in the Virgin Islands may be on the hook for newly-discovered groundwater...

Oklahoma tanks

Stockpiles at the Cushing, Oklahoma, crude oil storage hub – the biggest in the US – are quickly approaching critically low levels, which could...

Oiltanking’s Evos sale

Oiltanking is pleased to announce that it has completed the sale of its 55 percent stake in four European liquid storage terminals to Evos...

Inter Pipeline buyout

Brookfield Infrastructure Partners has successfully completed its acquisition of Inter Pipeline. Shareholders representing 99.91 percent of Inter...

Gasum expansion

Gasum has extended its bunkering services in the Antwerp, Amsterdam, and Rotterdam region (ARA area), by locating its bunkering vessel Kairos...

Petronas interest

Petronas Gas Bhd's 65 percent-owned subsidiary Pengerang LNG Sdn Bhd has announced a non-binding expression of interest (EOI) for a proposed...

Chart signs MOU

Chart Industries Inc, a leading global manufacturer of liquefaction and cryogenic equipment serving multiple applications in the energy and...

Prices hamper recovery

Japanese utilities have asked oil refiners for extra supplies to generate power as they try to switch from expensive liquefied natural gas...

Oil futures drop

Oil futures have declined, with US prices pulling back from a seven-year high after US government data showed a rise in domestic crude...

Petrofac’s new EPC

Petrofac has been awarded an engineering, procurement and construction (EPC) contract, valued at approximately €550 million...

Exxon/USW talks

ExxonMobil may meet with negotiators following rejection of a company contract proposal by Beaumont, Texas, refinery workers, the United...

NOC disruption

Libya's state oil company said the 120,000 barrels per day (bpd) Zawiya oil refinery complex in a city west of Tripoli was severely damaged...

New Vopak terminal

Royal Vopak has announced the opening of a new Vopak industrial terminal on the US Gulf Coast. The new terminal has been designed and built...

Leak discovered

The Easington Gas Terminal in East Yorkshire, UK was shut down on October 19 after a methanol leak was discovered. Fire crews and emergency...

Costain development

Costain, the smart infrastructure solutions company, has been awarded the concept development and FEED study for the HyNet project hydrogen...

Matrix awarded

US speciality petrochemicals producer Calumet Specialty Products Partners has awarded a contract for the engineering, fabrication and...

Boost for Eurotank

Systems Navigator is supporting VTTI's Eurotank Amsterdam in using data-driven decision making to further optimise its operations, making use...

Fort Vale relief valve

The new Fort Vale 2” BSP low profile IBC Relief valve has been developed to radically improve flow rates and sealing performance and, in the...

Cushing’s new role

Plains All American has announced that CME Group will add Plains’ Cushing terminal as a delivery point to the NYMEX WTI Crude Oil Futures...

ADIPEC conference

As the fourth industrial era gathers pace, the future of manufacturing is changing, and the impact of smart technologies is being felt across...

Cheniere/Glencore

Cheniere Energy Inc has announced that its subsidiary, Cheniere Marketing LLC has entered into a binding liquefied natural gas sale and purchase...

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