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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.

Mexican Pacific Port of Lazaro Cardenas Eyes Boosted Oil Product Storage Capacity

July 27, 2017 [Platts] - The Lazaro Cardenas, Mexico, port commission plans to launch an open season in August for developers interested in building additional storage for imported gasoline, diesel and fuel oil, a port official has told S&P Global Platts.

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Thursday, July 27, 2017

  

Tank Storage Market Briefing, Tank Availability Worldwide - Week 30

July 24, 2017 [TankTerminals.com] - Market Brief: What's the situation Baltic states face when handling Russian products? New Tank Storage Opportunities: Kaliningrad, Russia.

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Monday, July 24, 2017

  

Dialog Seen Doing Better in Second Half on Continued High Storage Rates

July 24, 2017 [The Star Online] - Oil and gas services company Dialog Group Bhd’s earnings performance for the second half of the financial year ending June 30, 2017 (FY17) is foreseen to be stronger-than-expected, driven by the resilience of high storage rates, said UOB KayHian.

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Monday, July 24, 2017

  

S.Korea Easing Rules at Oil Terminals in Effort to Become Trade Hub

July 20, 2017 [Reuters] - South Korea is in the process of easing blending restrictions at its oil storage terminals as the world's No. 5 crude importer bolsters an effort to become a North Asia trading hub.

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Thursday, July 20, 2017

  

Port Corpus Christi Approves Lease Agreement for 41 Acres on Inner Harbor with Howard Energy Partners

July 20, 2017 [Port of Corpus Christi] - The Port of Corpus Christi announced the approval of a long-term lease agreement with Maverick Terminals Corpus LLC, a subsidiary of Howard Energy Partners. The 30-year lease agreement was approved unanimously by port commissioners for approximately 41 acres of land on the north side of the Corpus Christi Ship Channel in the Inner Harbor.

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Thursday, July 20, 2017

  

SemGroup Completes Acquisition of Houston Fuel Oil Terminal Company

July 20, 2017 [SemGroup Corp.] - SemGroup Corp. announced the closing of its acquisition of Houston Fuel Oil Terminal Company (“HFOTCO”) from investment funds managed by Alinda Capital Partners (“Alinda”). HFOTCO, one of the largest oil terminals in the U.S., establishes SemGroup’s position in the premier energy market, the Houston Ship Channel, and provides a strategic platform to refinery-facing growth.

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Thursday, July 20, 2017

  

Qatar Seeks to Open New LNG Markets with Floating Terminals

July 20, 2017 [Reuters] - Qatar Gas Transport Company and Norwegian shipping business Hoegh LNG have embarked on a joint project to open new markets for Qatar to sell its liquefied natural gas (LNG) via floating import terminals.

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Thursday, July 20, 2017

  

China Drafts New Rules for Oil Storage Industry

July 19, 2017 [Reuters] - Beijing on Wednesday issued a draft of new regulations for China's growing oil and fuel storage industry, helping loosen the state-owned oil majors' grip on the sector as the nation pushes to reform its vast energy markets.

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Wednesday, July 19, 2017

  

Tank Storage Market Briefing, Tank Availability Worldwide - Week 29

July 17, 2017 [TankTerminals.com] - Market Brief:How many millions of cubic meters will Zhoushan Island add in the next upcoming years? New Tank Storage Opportunities: North Germany, Sweden, Ukraine (Danube).

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Monday, July 17, 2017

  

Cold Storage: Traders Shift Oil Products Out of Tanks as Short-Term Demand in Southeast Asia Soars

July 17, 2017 [Reuters] - Some energy traders in Southeast Asia are cutting their use of storage tanks as short-term demand for oil products soars, hitting companies that rent out storage at a time when many of them have just expanded their capacity.

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Monday, July 17, 2017

  

Enterprise and Navigator Gas to Build Houston Ethylene Export Terminal

July 17, 2017 [OPIS] - Enterprise Products Partners and gas shipowner Navigator Holdings have signed a letter of intent to jointly develop an ethylene export terminal on the Houston Ship Channel to unlock the growing U.S. petrochemical capacity, the two companies announced Tuesday.

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Monday, July 17, 2017

  

IEnova to Build Fuel Terminal at Veracruz Port; In Talks with Third Parties

July 17, 2017 [OPIS] - The Port Authority of Veracruz in Mexico (API Veracruz) has awarded the partial, 20-year transfer of its concession rights to IEnova S.A.B. de C.V. for the purpose of building and operating a marine terminal for liquid fuels, the Sempra Energy company said Wednesday.

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Monday, July 17, 2017

  

European Commission Approval for Gasunie, Oiltanking and Vopak to Set up JV to Develop LNG Terminal in Northern Germany

July 13, 2017 [Royal Vopak] - Gasunie LNG Holding B.V., Oiltanking GmbH, and Vopak LNG Holding B.V. have acquired the approval under the EU Merger Regulation to establish a joint venture for owning and operating a liquefied natural gas (LNG) terminal in Northern Germany.

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Thursday, July 13, 2017

  

Oil to Remain Global Vital Energy Source in Long Term: Saudi Aramco

July 13, 2017 [OPIS] - The role of oil as a vital source of energy to the world is expected to continue for the long term despite the growth of alternatives, Amin Nasser, CEO of Saudi Aramco, said this week.

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Thursday, July 13, 2017

  

Sinopec Starts Operating Zhanjiang Commercial Oil Tanks

July 12, 2017 [Reuters] - Sinopec Corp started operating its new commercial crude oil tank farm in the southern Chinese city of Zhanjiang on Tuesday, the state refiner said on its website on Wednesday.

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Wednesday, July 12, 2017

  
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