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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.

Crude Exports via CPC Terminal up 1.8% to 21.83 mln t in HY2016

July 4, 2016 [PortNews IAA] - In January-June 2016, crude oil exports via CPC Marine Terminal in Novorossiysk increased by 1.8%, year-on-year, to 21.83 mln t, CPC says.

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Monday, July 04, 2016

  
Tesoro Drops Down Alaskan Oil Storage, Terminal Assets to Logistics Arm

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.

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Monday, July 04, 2016

  
Demand for Diesel, Naphtha and LPG Rising in the U.K.

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.

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Monday, July 04, 2016

  
United Pacific Energy Closes on Enterprise Products Bakersfield LPG Terminal

July 4, 2016 [OPIS] - United Pacific Energy on Tuesday completed the purchase of Enterprise Products Bakersfield, Calif., LPG rail terminal, said Virgil Majeski, vice president of United Pacific.

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Monday, July 04, 2016

  
Opening of Panama Canal Fails to Boost U.S.-Asia LPG Arb Trade

June 30, 2016 [OPIS] - The arbitrage for LPG cargoes from the United States to the Far East remained closed despite the opening of the Panama Canal, OPIS Asia staff reported.

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Thursday, June 30, 2016

  
Saudi Aramco and SABIC Studying Oil-to-Chemical Project in Saudi Arabia

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.

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Thursday, June 30, 2016

  
Khalij Fars Oil Port Storage Capacity to Hit 1.8 M Tons

June 29, 2016 [Mehr News Agency] - Capacity of oil storage tanks in Khalij Fars Oil Port will surge from 300 thousand to 1.8 million tons following investments made by the private sector.

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Wednesday, June 29, 2016

  
Benalec Maps Out Strategy in Johor

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.

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Monday, June 27, 2016

  
U.K. Leaving EU with 2-Billion-Euro Chemicals Trade Deficit: CEFIC

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.

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Monday, June 27, 2016

  
Iran’s New Oil Export Hub Becomes Operational

June 23, 2016 [MEHR News Agency] - Farasakou Port, a new hub for exporting Iranian oil products, was put into operation in Pars Special Economic Energy Zone (PSEEZ).

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Thursday, June 23, 2016

  
Gazprom, Shell Sign Memo on Baltic LNG Project

June 23, 2016 [Reuters] - Gazprom and Shell signed on Thursday a memorandum of understanding on construction of a liquefied natural gas (LNG) plant on the Russian coast of the Baltic Sea.

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Thursday, June 23, 2016

  
Oil Companies Using More Crude Space Even as Capacity Grows

June 23, 2016 [OPIS] - The amount of storage being used to store crude oil in the U.S. is on the rise even as storage capacity grows, a report from the U.S. Energy Information Administration reveals.

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Thursday, June 23, 2016

  
Pin Oak Executes Dock and Tank EPC Construction, Announces New VP of Operations

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. 

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Wednesday, June 22, 2016

  
Petrobangla to Pay $90m a Year to Use LNG Terminal

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.

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Wednesday, June 22, 2016

  
Sanichi Partners Petrowangsa to Bid for Petronas’ Oil Storage Tank Terminal Deals

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.

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Wednesday, June 22, 2016

  
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