July 4, 2016 [OPIS] - Tesoro Corporation said on Friday that it will sell to Tesoro Logistics LP (TLLP) its recently acquired oil storage and terminalling assets in Alaska to TLLP for a total consideration of $444 million.
July 4, 2016 [OPIS] - The U.K. motorists' thirst for diesel shows little sign of abating, with demand rising by 411,000 metric tons between January and April, up 5.5% year-on-year, extending a long-running tend. But, there were higher percentage increases in propane, butane and naphtha demand to feed petrochemical plants, data from the U.K. government shows.
June 30, 2016 [OPIS] - Saudi Aramco and Saudi Arabian Basic Industries Corporation (SABIC) have signed heads of agreement to conduct a feasibility study on the development of a fully integrated crude oil-to-chemicals complex to be located in Saudi Arabia, Saudi Aramco said on Tuesday.
June 27, 2016 [The Star Online] - Marine engineering firm, Benalec Holdings Bhd, which has the rights to reclaim land equivalent to half the size of Jurong, Singapore off the south-west coast of Johor, is going into the oil storage business through a joint venture with a large international logistics company.
June 27, 2016 [OPIS] - The United Kingdom has imported more chemicals from other EU manufacturers in recent years than it sold into Europe, while generating nearly one-tenth of the bloc's chemicals revenues, the European Chemical Industry Council (CEFIC) said Friday, after the country's EU exit vote.
June 22, 2016 [Pin Oak Terminals] - Mt. Airy, Louisiana – Pin Oak Holdings, LLC (“Pin Oak” or the “Company”) is pleased to announce that it has executed an Engineering, Procurement, and Construction (“EPC”) contract with Massman Construction Co. (“Massman”) to build Pin Oak Terminal’s first dock and related equipment.
June 22, 2016 [The Daily Star] - Petrobangla will pay about $90 million a year to use the planned LNG terminal of US-based Excelerate Energy in Moheshkhali, as the government seeks to speed up the import of gas to meet growing demand.
June 22, 2016 [The Edge Markets] - Sanichi Technology Bhd has teamed up with licensed Petronas vendor Petrowangsa Sdn Bhd (Petrowangsa) to jointly bid for Petronas’ oil storage tank terminal contracts in the oil and gas (O&G) industry in Malaysia and the region.