The US EIA estimates crude oil inventories in China increased by about 900 000 bpd between January and August 2025, essentially acting as a source of demand by removing barrels from the global markets.
Peter Davidson, CEO of the Tank Storage Association (TSA), joins us to discuss the essential role that the tank storage sector has to play in ensuring supply security and resilience, as well as in facilitating the energy transition.
Falcker, and Vopak have signed an agreement for worldwide deployment of Falcker's advanced tank inspection platform.
Chart Industries has been awarded a contract to supply air-cooled heat exchangers, brazed aluminium heat exchangers, and cold boxes for Sempra Infrastructure’s Port Arthur LNG Phase 2 development project.
Baker Hughes has been selected by Bechtel Energy Inc. to supply key liquefaction equipment for Sempra Infrastructure’s Port Arthur LNG Phase 2 project Texas, the US.
Advario has announced that the Keppel-led consortium have been appointed by the EMA and the MPA of Singapore to proceed to the next phase of Singapore’s ammonia power generation and bunkering project on Jurong Island.
Tranmere terminal, UK, has welcomed the Eagle Venice, a very large crude carrier (VLCC) – one of the largest vessels to visit the terminal.
Excelerate Energy, Inc. has received an official award letter from the Government of Iraq to develop an integrated floating LNG import terminal.
Exolum has embarked upon the process for authorisation for the construction of a new terminal for storage of bulk liquid at the Outer Port of A Coruña, on the Punta Langosteira dock, Spain.
Petredec Onshore Pte. Ltd. has signed an agreement to divest 100% of the shares in Petredec (Mauritius) Ltd (PML) to the State Trading Corp. (STC) of Mauritius, subject to customary completion steps.
Woodside has signed an LNG heads of agreement (HoA) to supply BOTAS with 5.8 billion m3 natural gas equivalent of LNG for up to nine years starting in 2030.