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This page is displaying 1 to 15 of 446  news items. Please browse through our articles or use our Search Facility.

U.S. Diesel Imports to Europe Surge, Latin American Demand Clouds Total

June 23, 2017 [OPIS] - European imports of U.S. diesel are on track to reach their highest monthly level this year so far during July, according to data from OPIS tanker tracking, although increasing demand from Latin America is making it difficult for traders to estimate how much will eventually arrive in the region.

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Friday, June 23, 2017

  

Tank Storage Market Briefing, Tank Availability Worldwide - Week 25

June 19, 2017 [TankTerminals.com] - Market Brief: What’s the current situation of the fuel oil storage availability in ARA? New Tank Storage Opportunities in Netherlands, North UK, Ukraine, Black Sea, Latvia and Spain.

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Monday, June 19, 2017

  

KN to Invest €35 M to Increase Competitiveness of Klaipeda Oil Terminal

June 15, 2017 [Klaipėdos Nafta AB] - The management board of KN (AB Klaipėdos Nafta), the operator of oil and liquefied natural gas (LNG) terminals, has taken decisions on the conclusion of agreements with contractors to carry out the expansion works of the light oil products’ storage tank park of the Klaipėda oil terminal and build new storage tanks. Investment in these projects is included in KN’s strategy up to 2020.

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Thursday, June 15, 2017

  

PDVSA Leaves Bahamas Oil Terminal, Expands in St Eustatius - Sources

June 14, 2017 [Reuters] - Venezuelan state-run oil company PDVSA is moving millions of barrels of oil from a Bahamas storage facility after terminating a contract with the owner, U.S. Buckeye Partners LP, according to internal data and sources close to the decision.

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Wednesday, June 14, 2017

  

Vitol Completes $1.44 B Purchase of Turkish Fuel Distributor

June 14, 2017 [OPIS] - Vitol said on Tuesday that VIP Turkey Enerji AS, a subsidiary of Vitol Investment Partnership, has completed its acquisition of OMV Petrol Ofisi Holding A.S (Petrol Ofisi) from OMV AG. for EUR 1.368 billion (US$1.44 billion).

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Wednesday, June 14, 2017

  

Tank Storage Market Briefing, Tank Availability Worldwide - Week 24

June 12, 2017 [TankTerminals.com] - Market Brief: Oil traders and analysts are expecting large volumes of crude to draw from storage tanks across the United States in coming weeks. 30 New Tank Storage Opportunities in ARA, USA, Turkey, China and Central America.

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Monday, June 12, 2017

  

Petredec Signs Deal to Build South African LPG Import Facility

June 12, 2017 [OPIS] - LPG trading company Petredec has signed an agreement with local infrastructure group Bidvest Tank Terminals to develop a new facility for the import and storage of LPG in Richards Bay, South Africa.

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Monday, June 12, 2017

  

ATS Launches Operations at New Storage Tank Terminal in India

June 8, 2017 [Trade Arabia] - UAE-based ATS, a leading integrated logistics company, has commenced operations at its new storage tank terminal strategically situated in the emerging oil storage and trading location of New Mangalore Port, India.

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Thursday, June 08, 2017

  

Philippines Eyes $2-bln Storage Facility for LNG Imports

June 8, 2017 [Reuters] - The Philippines aims to build a $2-billion receiving and distribution facility for imported LNG, as it seeks to replace depleting domestic gas reserves that now produce a fifth of its power, the energy department said.

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Thursday, June 08, 2017

  

SemGroup Announces Agreement to Acquire Houston Fuel Oil Terminal Company

June 8, 2017 [SemGroup Corp.] - SemGroup Corporation announced that it has executed a definitive agreement to acquire Houston Fuel Oil Terminal Company (“HFOTCO”), one of the largest oil terminals in the U.S., from investment funds managed by Alinda Capital Partners. This acquisition establishes SemGroup’s position in the premier energy market, the Houston Ship Channel.

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Thursday, June 08, 2017

  

LNG-Gorskaya Overseas to Construct LNG Center in Denmark

June 7, 2017 [PortNews IAA] - Estonian company LNG Gorskaya Overseas OU and Danish port Grenaa Havn A/S have signed the MoU providing coordinated actions of the parties on construction of the bunkering LNG center with floating storage up to 10,000 m3 in the harbor Grenaa, says LNG Gorskaya LLC.

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Wednesday, June 07, 2017

  

USD Partners Buys $25 M Oklahoma Crude Terminal

June 6, 2017 [OPIS] - USD Partners LP said on Monday that it has acquired a crude oil terminal in Stroud, Okla., for $25 million in an effort to facilitate rail-to-pipeline shipments of crude oil from the partnership's Hardisty terminal in western Canada to the Cushing, Okla., crude oil hub.

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Tuesday, June 06, 2017

  

Tallgrass to Develop New Crude Terminal in Colorado

June 6, 2017 [OPIS] - Tallgrass Energy Partners said on Monday that it will develop the Tallgrass Grasslands Terminal with Saddle Butte Pipeline.

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Tuesday, June 06, 2017

  

BlackRock Takes First Energy Infrastructure Funds

June 6, 2017 [OPIS] - BlackRock Inc. said on Monday that it has completed the acquisition of First Reserve Energy Infrastructure Funds (FREIF), the equity infrastructure franchise of First Reserve, a global private equity firm focused on energy.

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Tuesday, June 06, 2017

  

Tank Storage Market Briefing, Tank Availability Worldwide - Week 23

June 4, 2017 [TankTerminals.com] - The storage terminals see their utilization rates drop now the opportunistic players disappear from the market.

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Sunday, June 04, 2017

  
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