November 10, 2015 [CBC News] - Saint John-headquartered company seeks to compete with Exxon in Nova Scotia market. After an absence of more than 10 years, Irving Oil Ltd. is spending about $80 million to reactivate its marine terminal and fuel storage facility in the Dartmouth, N.S., neighbourhood of Woodside.
November 9, 2015 [OPIS] - Stronger demand for oil product storage has driven utilization of Vopak's European tank farms in the first nine months, while business in China and Singapore slackened, the Dutch company said Friday.
November 9, 2015 [OPIS] - Dakota Plains Holdings said on Wednesday that the company billed 4.8 million bbl of transloaded crude oil, an increase of about 43% compared to the level in the third quarter of 2014.
November 6, 2015 [TankTerminals.com & EasyFairs] - New technologies and concepts will take centre stage at , the largest dedicated event for terminal operators, oil companies, traders and regulators in the German market.
November 6, 2015 [PRNewswire] - Aegean Marine Petroleum Network Inc. ("Aegean" or the "Company") today announced that it has entered into a new $120 million credit facility for its wholly-owned subsidiary, Aegean Oil Terminal Corporation arranged by local United Arab Emirates banks.
November 6, 2015 [Break Bulk] - Aberdeen-based energy services company Wood Group has won the engineering, design and procurement services contract for Fairway Energy Partners’ Pierce Junction Crude Oil Storage facility.
November 6, 2015 [Ship & Bunker] - The Maritime and Port Authority of Singapore (MPA) is calling on more ports to be preparing for liquefied natural gas (LNG) bunkering, the MPA announced in a statement.
November 5, 2015 [Reuters] - Canadian pipeline company Enbridge Inc is considering spending about $5 billion on oil storage assets in the U.S. Gulf Coast region, but has made no concrete investment decisions yet, a company spokesman said on Wednesday.
November 5, 2015 [OPIS] - Plains All American Pipeline (PAA) reported a stronger third-quarter earnings from its Transportation segment, but the company's total earnings were dragged lower by weaker supply and logistics performance.
November 4, 2015 [OPIS] - Independent liquids terminal and pipeline operator NuStar Energy LP said on Tuesday its storage lease revenues increased by 17% in the third quarter, helped by improved storage utilization and positive renewals at its terminals.
November 4, 2015 [OPIS] - A Russian state-backed fund and several unnamed "international investors" are pursuing plans to boost transhipment capacity for LPG and light oil at Ust-Luga on the Baltic Sea shore after assuming full ownership of Sibur's operating terminal, the seller and the Russian Direct Investment Fund (RDIF) said in a joint statement Tuesday.
November 3, 2015 [InvestorIdeas] - The Ministry of Mines, Industry and Energy, representing the Government of Equatorial Guinea, announced today that it has signed a Memorandum of Understanding with three companies to build a crude oil and petroleum products storage tank farm on Bioko Island, Equatorial Guinea.
November 3, 2015 [PortNews IAA] - In January-October 2015, Port Vysotsky LLC handled 4,635,317.338 t of coal, which is flat year-on-year, the Company says. In October 2015, Port Vysotsky LLC handled over 602,000 t of coal.
November 3, 2015 [OPIS] - Macquarie Infrastructure Corp. (MIC) said on Monday that its oil storage business, International Matex Tank Terminals (IMTT), posted stronger third-quarter earnings and gross profits on higher storage tank utilization and stable pricing.