News and Articles

Talos progress

Independent upstream oil and gas producer Talos Energy and a partner are advancing a carbon sequestration and storage project, after winning a bid for

Sinopec expansion

China's state-run Sinopec has expanded the handling capacity of Qingdao LNG import terminal, located in the port city of Qingdao in...

Capacity trebled

Liquid terminal operator Zenith Energy is to handle and store three times the amount of renewable diesel at its terminal in Portland...

India LNG boost

India will boost liquefied natural gas (LNG) imports from next year as private firm Swan Energy starts its floating terminal, raising the...

Major project

International-Matex Tank Terminals LLC (“IMTT”) is pleased to announce its next major project in the renewable fuels space. Consistent with...

Afghan trading

Iran has resumed fuel exports to Afghanistan following a request from the new Afghan government, which feels empowered by the US withdrawal...

Irish LNG plans

Shannon LNG has plans for a €650 million liquefied natural gas (LNG) terminal, 600-megawatt electricity plant and battery storage at...

Agreement reached

Santos and Oil Search have reached an agreement on the merger ratio under the proposed merger and the additional terms set out in the Revised...

Synfuels for Bakken

The synfuels plant will now form the heart of Bakken’s planned US hydrogen hub, which has a redevelopment budget of $2 billion. US clean...

Bunker demand

Most refineries in the Middle East are back after works. Some maintenance continues at refineries in Iran and Syria. Oil product stockpiles...

3D laser scanning

Around the world today, the storage of liquid fuels and other petrochemicals in enormous volumes is no easy task. For starters, it’s...

Equinor resumes

Crude oil loadings are set to resume at Equinor’s EQNR.OL Sture export terminal on Norway’s west coast, a company spokesperson said. The...

LNG capacity

The increasing demand for gas in Pakistan has forced the government to get the re-gasification capacity of the two private liquefied natural...

China’s oil imports

China’s oil imports are plunging as Beijing cuts supplies to dirty local oil refineries. Oil shipments to the world’s largest crude importer...

Kinetrex purchase

Kinder Morgan has closed its acquisition of US LNG supplier Kinetrex Energy for $310 million. “We are very pleased to be adding Kinetrex...

ILTA speaker preview

In the first of its previews, ILTA has announced that Admiral William H McRaven, USN (Ret.) will be speaking on Taking Command: Leadership...

New Alkion build

European terminal company Alkion Terminals has opened a new tank pit at Alkion Terminal Le Havre (ATLH) in France. The new tankpit replaces...

New API launch

The American Petroleum Institute (API) has published its 3rd Edition of Standard (Std) 1164, Pipeline Control Systems Cybersecurity...

USDA: biofuel

The US Department of Agriculture has announced the recipients of $26 million in grants under its Higher Blends Infrastructure Incentive...

Hydrogen sector

The UK’s business and energy secretary Kwasi Kwarteng announced the country’s first ever Hydrogen Strategy on August 17. Making the...

TSA’s new insight

The Tank Storage Association (TSA) has published its 2021 Annual Review of the UK’s bulk liquid storage sector. The review contains key data...

Price predictions

Oil prices have responded to a more ‘normal’ US economy: After West Texas Intermediate prices (a good gauge for US oil) bottomed out at $21...

Harvestone’s buy

Harvestone Group, a global commodity merchant focussed on biofuels, has bought Gateway Terminals in Sauget, Illinois, US. Gateway Terminals...

Second contract

McDermott International Ltd has announced that its CB&I Storage Solutions business has been awarded a contract by Atlantic Gulf and Pacific...

Belven buyout

The family shareholders of the Belven Group, a valve specialist of Malines origin, have reached an agreement with the company's management...

Brazil’s contract

The Federal Government of Brazil has signed lease contracts for four liquid port terminals in the Port of Itaqui in Maranhão in northeast...

New LNG facilities

A newly created Netherlands-based infrastructure development company is planning to build and operate a number of new LNG facilities...

Hydrogen storage

A new study into microbial activity when hydrogen is injected into potential underground storage sites has generated valuable findings as to...

StocExpo’s report

Part three of StocExpo’s industry trends report, Automation Transformation in a Post-COVID-19 Age, is now out. It includes input from...

Marathon investment

Marathon Petroleum continues to invest in maritime safety with a $40,000 grant to the Alaska Vocational Technical Centre (AVTEC), funding...

Prostar refinances

Private investment firm Prostar Capital, a leading midstream energy infrastructure firm, announced that it has successfully completed a...

Downhole automation

Schlumberger has announced the introduction of autonomous directional drilling, which includes solutions to steer autonomously through...

SkyBitz promotion

SkyBitz, a leader in industrial IoT telematics solutions, has announced the appointment of Ken Moore to a new executive role as vice...

Raz completion

Oman is putting the finishing touches on a crude storage centre outside the Strait of Hormuz, that will eventually hold more than 200...

Cybersecurity EO

In response to the fact that West Texas Intermediate (WTI) has increased 15 percent over the last few months, the White House has passed...

Vertech’s contract

Vertech Group’s tank inspection portfolio is set to expand, having recently been awarded a national bulk liquid storage tank inspection...

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