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This page is displaying 1 to 15 of 734  news items. Please browse through our articles or use our Search Facility.

Ineos to build “largest” butane storage tank in Europe

December 13, 2017 [ERJ] - Ineos is set to build “the largest butane storage tank ever built in Europe” at Belgian port of Antwerp.

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Thursday, December 14, 2017

  

China’s Sinopec Fuel signs term contract with Saudi Aramco to buy LPG for 2018

December 9, 2017 [Hellenic Shipping News] - China Sinopec Fuel Oil Sales Co Ltd, a wholly-owned subsidiary of state-owned Sinopec, has signed one year term contract with Saudi Aramco to buy LPG cargoes for delivery in 2018, a source close to the matter said Friday.

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Thursday, December 14, 2017

  

Kinder Morgan: Trans Mountain Gets A Win

Summary

  • Kinder Morgan’s efforts to get its Trans Mountain expansion going continue to face legal hurdles, but recent developments show events moving in the company’s favor.
  • On December 7, Canada’s energy regulator ruled in favor of KMI’s appeal to begin construction over the objection of local and provincial authorities in British Columbia.
  • The federal government has reinvigorated its support of Trans Mountain, further improving the project’s prospects.
  • These recent developments are strong evidence that all legal challenges will likewise be overcome.
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Thursday, December 14, 2017

  

Analyst Day: Vopak presents view on developments in the oil, chemicals and gas markets

December 12, 2017 [MENAFN] - Vopak hosts its Analyst Day for equity (sell-side) analysts in Rotterdam, the Netherlands. The half-day event features presentations by Vopak's Global Product Directors on the developments in the oil, chemicals and gas markets. The presentations are available through Vopak's website.

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Thursday, December 14, 2017

  

Petroleum minister opens new storage, trading warehouse

December 12, 2017 [Egypt Today] -  "The trading arm of the Ministry of Petroleum, Misr Petroleum, started trial operations of a new storage, shipping and trading warehouse in Badr City with $33 billion in investment," Minister of Petroleum Tarek el-Molla said Tuesday. 

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Thursday, December 14, 2017

  

PT2SB Signs Financing Agreement for Malaysia Oil Storage Terminal

December 12, 2017 [Reuters], Dutch oil and chemical storage company Royal Vopak said that PT2SB, a joint venture between it and Malaysia’s Petroliam Nasional Berhad (Petronas), Dialog Group Berhad and the Malaysian state of Johor, had signed a $1.25 billion financing agreement with a syndicate of 9 banks for an oil storage terminal.

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Tuesday, December 12, 2017

  

What Will Global Oil Storage Balances Look Like In 2018?

December 10, 2017 [Seeking Alpha] - Oil prices started the week pulling back from last week's OPEC frenzy. On the news front, there wasn't anything meaningful other than the fact that China's crude oil imports of 9.05 million b/d for November was the second highest on record.

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Tuesday, December 12, 2017

  

Market Developments in Storage Markets

December 12, 2017 [TankTerminals.com] - During TankStorage Germany, TankTerminals.com attended a very interesting lecture from Mr. Lars Pantzlaff, General Manager from Ventspils Nafta Terminals. He spoke about developments of the storage market and in particular those of the Eastern Baltic region

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Tuesday, December 12, 2017

  

Tank Storage Market Briefing, Tank Availability Worldwide - Week 50

December 11, 2017 [TankTerminals.com] - Market Brief: General Storage Market Overview. New Storage Opportunities: Amsterdam, East Spain, Gr. Singapore.

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Friday, December 08, 2017

  

Petrolex Plans $3.6bn Oil Refinery for Ogun

DDecember 07, 2017 [Punch] - Nigeria is set to get another new oil refinery as a government push to end fuel imports attracts investors to the industry.

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Friday, December 08, 2017

  

CNOOC Spends Big on Floating LNG Emergency Stash

December 06, 2017 [Reuters] - China’s state-owned CNOOC is spending $10 million to lease two tankers to store an emergency stash of liquefied natural gas (LNG) amid growing concerns that China is facing a winter fuel crisis, a source with direct knowledge of the matter said.

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Friday, December 08, 2017

  

Exxon First in Delivering to Mexico Fuel Market

December 07, 2017 [Petroleum World] - Exxon Mobil Corp. is joining Chevron Corp . and other U.S. refiners to supply the newly free Mexican fuel market.

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Thursday, December 07, 2017

  

KPC Storage Tanks Nearly Complete

December 07, 2017 [Your Petrochemical News] - Kenya Pipeline Co. (KPC) will complete the construction of US$53 million worth of new fuel storage tanks in Nairobi in December 2017 to receive high volumes of products from the port of Mombasa.

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Thursday, December 07, 2017

  

$128M Oil Storage and Shipping Facility Breaks Ground

December 07, 2017 [101 Corpus Christi] - Junction Energy Capital and Castleton Commodities International broke ground on a $128 million oil storage and distribution facility Dec. 4, helping solidify the Port of Corpus Christi’s status as the nation’s largest exporter of oil.

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Thursday, December 07, 2017

  

China’s Sinopec Looking to Sell Nigeria Business

December 07, 2017 [Gulf Times] - China’s Sinopec Group has hired BNP Paribas to sell its oil business in Nigeria and Gabon, three people with knowledge of the matter said, as the state-owned oil giant pares back its presence in Africa.

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Thursday, December 07, 2017

  
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