February 18, 2019 [Jamaica Gleaner] - With the harmonisation of common external tariffs (CET) in 1993, the ‘partial liberalisation’ of the petroleum sector was complete. Prices and margins beyond the ‘refinery gate’ were decontrolled and opening hours for retail outlets were deregulated.
February 18, 2019 [Hellenic Shipping News] - Storage operator Vopak is reducing its exposure to the uncertainties of the high sulfur fuel oil market and is prepared to benefit from a lower sulfur cap in marine fuel in 2020, the company’s management said on a conference call.
February 18, 2019 [Xinhua Net] - China National Petroleum Corp., the world's third-biggest oil company, plans to build 23 new gas storage facilities and expand 10 existing ones by 2030, with working gas capacity exceeding 15 billion cubic meters, the company said Sunday.
February 18, 2019 [Business Standard] - The Expert Appraisal Committee under the Environment Ministry has given "green signal" to Indian Oil Corporation Ltd for setting up a grass root petroleum storage and distribution terminal in Telangana.
February 18, 2019 [Tank News International] - German LNG Terminal, the joint venture driving forward Germany’s first LNG terminal in Brunsbuettel, has reached another long-term commercial capacity agreement with a global LNG player.
February 18, 2019 [Tank News International] - ExxonMobil, Plains All American Pipeline, L.P., and Lotus Midstream, LLC have announced they have formed the Wink to Webster Pipeline LLC Joint Venture (JV) and have ordered nearly 650 miles of domestically sourced 36-inch-diameter line pipe.
February 15, 2019 [BGS Group] - BGS Group hosts the 5th International LNG Congress in Malta, St. Julian’s, on April, 29-30. The Congress offers closed-door format, uniting more than 300 leaders of major gas companies, Fleet Owners/ Shipping, Truck owners, Terminals/ Terminals Operators, Ports/ Port Authorities/ Canals and others.
February 11, 2019 [TankTerminals.com & EasyFairs] - StocExpo Europe 2019 returns to the Ahoy in Rotterdam on 26-28 March, bringing with it the highly-anticipated and CPD-certified conference programme, which will be hosted on the show floor for the very first time.
February 11, 2019 [TankTerminals.com] - Overview: Fuel Oil Market. Storage Opportunities: Chemicals (S. France, New York, S. Carolina, Louisiana), Vegoils (Louisiana), Crude (Colombia).
February 11, 2019 [Tank News International] - Tallgrass Energy (TGE) and Blackstone have announced that affiliates of Blackstone Infrastructure Partners (BIP) have entered into a definitive agreement with affiliates of Kelso & Co., The Energy & Minerals Group, and Tallgrass KC, an entity owned by certain members of TGE’s management, to acquire 100 percent of the membership interests in TGE’s general partner, as well as an approximately 44 percent economic interest in Tallgrass, for $3.3bn.
February 11, 2019 [OPB] - A Portland petroleum terminal is significantly expanding its capacity to unload rail cars, a move that sets the stage to more than double the number of oil trains along the Columbia and Willamette rivers into Oregon’s biggest city, OPB has learned.
February 11, 2019 [S&P Global Platts] - Buckeye Partners expects to be able to use the Laurel Pipeline bi-directionally for transporting refined products by the middle of this year, as it waits for federal regulators to rule on a tariff petition, said CEO Clark Smith Friday.
February 11, 2019 [S&P Global Platts] - Sempra Energy's Cameron LNG export terminal is "very close" to startup and could be ready to begin producing LNG in the next few weeks, project officials said Wednesday.
February 11, 2019 [BN Americas] - In view of the growing demand for aviation fuels reported at the Daniel Oduber International Airport in Liberia, 6.3% in 2018, a third storage tank is being built on the RECOPE campus in this air terminal. As of January 2019, the work has an advance of 30%.
