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This page is displaying 31 to 45 of 623  news items. Please browse through our articles or use our Search Facility.

Kinder Morgan, Keyera to Build New Alberta Crude Storage Terminal

April 1, 2015 [OPIS] - Kinder Morgan Inc. (KMI) said late Tuesday that it has formed a 50-50 joint venture with Keyera Corp. to build a new crude oil storage terminal in Edmonton, Alberta.

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Wednesday, April 01, 2015

  
Delek Logistics Gets $61.9 Million Terminal, Rail Asset Dropdowns

April 1, 2015 [OPIS] - Delek Logistics Partners LP said that it has acquired from its parent company, Delek US Holdings Inc., a crude oil storage tank constructed in 2014 adjacent to Delek US' Tyler, Texas, refinery and rail offloading racks constructed in 2012 adjacent to Delek US' El Dorado, Ark., refinery for a combined $61.9 million in cash.

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Wednesday, April 01, 2015

  
Growmark Acquires Magellan Fuel Terminal Located in Kansas

April 1, 2015 [OPIS] - Growmark Inc. and Magellan Pipeline Co. LP have entered into an agreement that has the Bloomington, Ill.-based energy and agriculture products cooperative and marketer acquiring Magellan's refined fuels terminal near St. Joseph, Mo., the company said Tuesday in a notice to customers obtained by OPIS.

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Wednesday, April 01, 2015

  
U.S. May Skirt Oil Storage Crisis as Drivers Hit the Road

March 31, 2015 [Reuters] - A month ago, it seemed inevitable: a massive global oversupply of crude oil production would overwhelm storage tanks in Oklahoma and fill supertankers off Singapore.

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Tuesday, March 31, 2015

  
Irving to Reactivate Dartmouth Marine Terminal

March 31, 2015 [CBC] - Irving Oil is trying to reactivate its mothballed marine fuelling terminal on the Dartmouth waterfront as the regional energy giant adjusts to the shut down of the nearby Imperial Oil refinery. Irving to Reactivate Dartmouth Marine Terminal.

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Tuesday, March 31, 2015

  
Rotterdam Gate LNG Terminal Expansion Started

March 31, 2015 [Marine Link] - Dutch gas network operator Gasunie and tank storage service provider Vopak said on Monday that the expansion of their Gate liquefied natural gas (LNG) terminal in Rotterdam has begun.

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Tuesday, March 31, 2015

  
World Point Terminals Reports Stable 2014 Net Income, Boosts EBITDA

March 30, 2015 [OPIS] - World Point Terminals reported late on Thursday that net income for 2014 increased by $0.2 million from 2013 to $32.518 million.

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Monday, March 30, 2015

  
Freeport LNG Awards $2 Billion Third Train Contract

March 30, 2015 [OPIS] - Freeport LNG has signed up three companies to build its third LNG train on Quintana Island, near Freeport, Texas.

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Monday, March 30, 2015

  
Land-based Storage Continues to Build

March 30, 2015 [Tank Operator] - Storage terminals are still expanding worldwide, especially at Fujairah in the UAE, which could be good news for the tanker sector going forward.

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Monday, March 30, 2015

  
High Inventories in Alberta Point to Lower Oil Prices

March 30, 2015 [The Star Phoenix] - Oil inventories at key Alberta storage hubs of Edmonton and Hardisty breached 10 million barrels in each location last week, according to data from global energy consultancy Genscape, suggesting Canadian oil prices may trend even lower in the near future.

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Monday, March 30, 2015

  
U.A.E. Oil Port Beyond Hormuz Sees Storage Expansion

March 30, 2015 [Bloomberg] - Oil storage companies are refinancing debt and planning borrowing to expand terminals at the United Arab Emirates port outside the Hormuz Strait to help traders manage an oil glut with Middle East borrowing rates near a record low.

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Monday, March 30, 2015

  
China's Crude Storage Nearly Full, Says Sinopec Exec

March 30, 2015 [Reuters] - China's commercial and strategic oil storage is almost full, a Sinopec trading executive said on Wednesday, leaving little room for Asia's top oil consumer to keep up its soaring import growth and adding downward pressure to an already oversupplied market.

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Monday, March 30, 2015

  
Platts to Include Malaysia's Pengerang Terminal in Singapore Pricing Process

March 30, 2015 [Reuters] - Oil pricing agency Platts said on Monday it will include the Pengerang oil terminal in the southern Malaysian state of Johor in its Singapore price assessment process from May 1.

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Monday, March 30, 2015

  
CME Group Launches Unprecedented Oil-Storage Futures Contract

March 30, 2015 [The Globe and Mail] - As U.S. crude oil stockpiles soar, CME Group Inc. has come up with an innovative way for energy producers to reserve space in storage facilities.

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Monday, March 30, 2015

  
With So Much Oil Flowing, U.S. May Be Reaching Storage Limits

March 30, 2015 [NPR] - Never before in history has the U.S. had so much oil spurting up out of the ground and sloshing into storage tanks around the country. There's so much oil that the U.S. now rivals Saudi Arabia as the world's largest producer.

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Monday, March 30, 2015

  
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