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TankTerminals.com News Articles

This page is displaying 31 to 45 of 623  news items. Please browse through our articles or use our Search Facility.

Products Throughput at RPK Vysotsk LUKOIL-II Fell 8.6% in 2015 to 11 M Tonnes

January 26, 2016 [PortNews IAA] - Total volume of oil products shipped from Leningrad region, Russia based PPK Vysotsk "LUKOIL-II» in 2015 decreased by 8.6% year-on-year to about 11 million tonnes, the facility operation statistics showed.

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Tuesday, January 26, 2016

  
Indonesia’s 1st Mini LNG Terminal to Operate in March

January 25, 2016 [The Jakarta Post] - The country’s first mini liquefied natural gas (LNG) terminal, considered an ideal concept for a gas terminal an archipelago, is set to start operations in March, supplying 40 million standard cubic feet per day (mmscfd) of gas to Bali’s Pesanggaran power plant.

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Monday, January 25, 2016

  
Magellan Midstream Eyes Exports Out of Houston Joint Venture

January 25, 2016 [Reuters] - Magellan Midstream and LBC Tank Terminals are actively looking to develop crude export capacity at their joint venture in Houston, Texas, Magellan chief executive Mike Mears said on Friday at the Argus America Crude Summit in Houston.

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Monday, January 25, 2016

  
Gulf Petrochem Group Remains Ambitious on Regional Oil Market with Tender of $50m Fujairah Terminal Expansion

January 25, 2016 [Gulf Petrochem Group] - Gulf Petrochem Group, a leading player in the oil industry, has today announced details of its expansion of Fujairah terminal ahead of its EPC tender expected to go out to market early next week with the project set to start in April 2016.

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Monday, January 25, 2016

  
Scandinavian Oil Products Storage Threatens to Hit Tank Tops

January 25, 2016 [OPIS] - Scandinavian oil product storage is nearing tank tops as traders seek to store products outside of Europe's main storage hubs, according to two local industry sources.

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Monday, January 25, 2016

  
Get the Latest Russian LNG Projects Updates: Sakhalin-2, Yamal, Pechora, Baltic, Far East, Arctic LNG-2

Friday 22, 2015 [TankTerminals.com & Vostock Capital] - LNG demand is growing worldwide. According to the International Energy Agency, the share of LNG in the gas market will grow to 35-40%. 

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Friday, January 22, 2016

  
Limetree Bay Eyes Quick Restart for St. Croix Oil Terminal by April

January 22, 2016 [OPIS] - Limetree Bay Terminals, or LB Terminals, the new owner of the Hovensa oil terminal at St. Croix in the Caribbean, is expected to see a full operational restart of 13 million bbl oil storage capacity at that facility within a short span of a few months after taking over the recently acquired facility on Jan. 8, 2016, industry sources in the Caribbean told OPIS on Thursday.

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Friday, January 22, 2016

  
Pemex Touts 2015 Fuel Sales from Distribution Terminals

January 22. 2016 [OPIS] - While Mexico's fuel imports held at a steady pace in 2015 and will continue at a steady clip going forward, state-owned oil company Pemex has been highlighting the fact that its distribution system -- at least in some regions -- sold higher fuel volumes in 2015 than in 2014.

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Friday, January 22, 2016

  
Port of Antwerp Passes the 200 M Tonne Mark in 2015

January 20, 2016 [PortNews IAA] -In 2015 for the first time in its history the port of Antwerp passed the 200 million tonne mark for the volume of freight handled, by a wide margin. On 31 December the figure stood at 208,423,920 tonnes of freight handled. That’s 4.7% more than the previous year, which ended with a volume of 199 million tonnes.

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Wednesday, January 20, 2016

  
Oman Building 25 M Bbls of New Oil Storage

January 19, 2016 [Reuters] - A storage project with 25 million barrels of space will open in Oman in 2019, helping to keep the country's oil flowing, Oman Tank Terminal Company (OTTCO) said on Tuesday.

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Tuesday, January 19, 2016

  
ARA Oil-Product Stocks Seen Rising 44% Month on Month, Says OPEC

January 19, 2016 [OPIS] - Refined oil-product stocks in the northwest European trading hub of Amsterdam-Rotterdam-Antwerp (ARA) rose to 48.5 million bbl in November, 44% higher than the same month in 2014, OPEC said today in its Monthly Oil Market report for January.

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Tuesday, January 19, 2016

  
Benalec Seeks JV Partners

January 18, 2016 [The Star Online] - Marine engineering firm Benalec Holdings Bhd makes its business by reclaiming land from the sea and selling plots of newly created land to property developers.

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Monday, January 18, 2016

  
Port of Kozmino Exported 30.4 M Tons of Oil in 2015

January 18, 2016 [PortNews IAA] - The Russian Port of Kozmino exported 30.4 million tons of oil in 2015, which represent an increase of 5.5 million tons in comparison with previous year.

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Monday, January 18, 2016

  
Al Jifnain Fuel Storage Project to be Completed in 2017

January 18, 2016 [Times of Oman] - Work on the Al Jifnin station project in the Governorate of Muscat is progressing well as 20 per cent of the construction work has been completed, said Andres Suarez, general manager of Orpic Logistics. “The station is expected to be complete in the second quarter of 2017,” he added.

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Monday, January 18, 2016

  
Europe's Diesel Glut Shifts to Sea Floating Storage Rises

January 18, 2016 [OPIS] - Diesel stocks may be easing on land but Europe's glut of middle distillates is worsening at sea. Volumes of ULSD tracked on ships at anchor or temporary floating storage outside ports is escalating, as tankers importing cargoes slow sailing speeds or stop near strategic ports to delay arrival.

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Monday, January 18, 2016

  
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