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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.

Matrix Markets Auctions Storage Capacity

October 5, 2017 [Hydrocarbon Engineering] - Matrix Markets LLC has announced that 4.75 million bbls of LOOP capacity allocation contracts (CACs) were sold during an auction on 3 October. 

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Thursday, October 05, 2017

  

Buckeye: Challenges In Texas, Puerto Rico and Venezuela

October 5, 2017 [MoneyShow] - Many master limited partnerships (MLPs) raised on $100 oil have struggled to adapt to an environment where West Texas Intermediate fetches less than $50 per barrel, says Roger Conrad, editor of Conrad's Utility Investor.

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Thursday, October 05, 2017

  

Zenith Antwerp Project Off the Table

October 02, 2017 [Gazet van Antwerpen/TankTerminals.com] - According to the Gazet van Antwerpen, Zenith Energy, the American specialist in bulk liquid storage, will not build a new tank terminal at the Churchill Dock in the port of Antwerp. 

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Monday, October 02, 2017

  

Tank Storage Market Briefing, Tank Availability Worldwide - Week 40

October 02, 2017 [TankTerminals.com] - Market Brief: The Impact of Harvey. Tank Storage Opportunities: Kenya, Tanzania.

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Monday, October 02, 2017

  

Oxy, Oman Tank Terminal Sign MoU on Crude Storage at Raz Markhaz

October 2, 2017 [S & P Global Platts] - Oman Tank Terminal Co. and Occidental Petroleum signed an agreement Tuesday to co-operate and specifically to store crude at the planned Raz Markhaz oil terminal in the sultanate, an informed source said Wednesday. 

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Monday, October 02, 2017

  

Phillips 66 Awards Texas Terminal Project to CB&I

September 28, 2017 [Rigzone] - Phillips 66 has awarded CB&I a contract to increase storage capacity at its liquid products terminal in Nederland, Texas, CB&I reported Tuesday.

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Friday, September 29, 2017

  

Matrix Global Plan U.S. Sweet Crude Storage Contract Amid Export Growth

September 28, 2017 [Reuters] - Matrix Global Holdings is planning to start up an oil storage futures contract for low-sulphur crude oil that will enable companies to build up supplies for export cargoes, as Asia looks for more crude imports from the United States.

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Friday, September 29, 2017

  

Change In Ownership Vopak Terminal Eemshaven

September 28, 2017 [Royal Vopak] - Today Whitehelm Capital and Royal Vopak announce a change in ownership in Vopak Terminal Eemshaven, a joint venture terminal in the Netherlands between Vopak and NIBC European Infrastructure Fund I C.V. ("NEIF"). 

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Friday, September 29, 2017

  

What Drives Tank Storage Demand? Price Volatility

September 28, 2017 [TankTerminals.com & PJK International] - Volatility is applied to describe fluctuations of oil prices and it relates to the level of uncertainty in the market. Historic volatility is calculated by the standard deviation of an oil price return series, measured during a certain time frame.

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Thursday, September 28, 2017

  

Greenergy Acquires CAN-OP Fuel and Terminal Business in Ontario

September 28, 2017 [Greenergy Fuels Canada] - Greenergy Fuels Canada Inc. has agreed to purchase 100% of the shares of Canadian Operators Petroleum (CAN-OP), a fuel marketer and terminal operator in Thunder Bay, Ontario. The acquisition gives Greenergy an additional import and distribution location in the growing Ontario fuels market.

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Thursday, September 28, 2017

  

Construction of Fuel Storage Tanks In Amarapura Resumes

September 26, 2017 [The Myanmar Times] - The regional government has given  permission to carry on with the construction of fuel tanks in Amarapura township, Mandalay Region, as the project had been postponed since August 2016, according to Myanmar Energy Sector Development Public Company Limited.

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Tuesday, September 26, 2017

  

India's Refining Capacity Expansions Lags Growth In Fuel Demand

September 26, 2017 [Reuters] - India may export fewer fuels in the next four years as growth in the demand for oil products is rising faster than new refining to produce them is being added, an Essar Oil company executive said on Monday.

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Tuesday, September 26, 2017

  

Singapore's Trescorp To Launch Oil Storage, Bunkering In Oman's Sohar Port

September 26, 2017 [S&P Global Platts] - Singapore-based Trescorp Alliance Pte. Ltd, currently engaged in the business of crude oil toll processing and crude and fuel oil trading, is preparing to launch oil storage and bunker services in Sohar port, with operations targeted to commence by 2020, a statement from Sohar Port and Freezone said Monday.

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Tuesday, September 26, 2017

  

Oxy to Complete Corpus Christi VLCC Loading Facility by End 2018

September 26, 2017 [Platts] - Occidental Petroleum is aiming to complete by late 2018 a project to install multiple loading arms at its crude storage facility at Corpus Christi, Texas, allowing it to load VLCCs on a regular basis, Vice President for Midstream Terry Morrison said Friday.

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Tuesday, September 26, 2017

  

MISC Divests Tank Terminals to Dialog for RM193M

September 26, 2017 [The Star Online] - MISC Bhd is selling its 45% stake in Centralised Terminals Sdn Bhd (CTSB) to Dialog Group for RM193mil as it seeks to focus on energy related maritime services.

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Tuesday, September 26, 2017

  
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