EIA: Energia Costa Azul ships first cargo
Energia Costa Azul, the second LNG export facility in Mexico, shipped its initial cargo from Phase 1 of the terminal on 8 July 2026, according to the project developer, the US EIA has reported.
The latest oil, gas and petrochemicals storage news
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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.
Wood Mackenzie: European gas storage at risk of being below 70% ahead of winter 2026/27
Recent Wood Mackenzie’s analysis warns that European gas storage at a historically low level, combined with renewed Strait of Hormuz disruption, has driven spot prices more than 50% above their June lows and placed winter 2026/27 supply security at risk.
Investment in DAPEK exceeds US$3 billion
The Eastern Mediterranean Petrochemical Industrial Zone and Port, developed by Rönesans Holding in Ceyhan, Adana, Türkiye, has entered a new phase of development driven by new investments, ongoing infrastructure works, and growing international investor interest.
EIA: commercial crude oil inventories increased by 2 million barrels
For the week ending 17 July 2026, commercial crude oil inventories (excluding the Strategic Petroleum Reserve) increased 2.0 million barrels to 411.7 million barrels, 6% below the previous five-year (2021 - 2025) average, the US EIA has reported.
Emerson expands flame detection portfolio
Emerson has announced a new flameproof model for the Rosemount™ 965 Flame Detector, adding hazardous-location certification for applications where reliable hydrocarbon flame detection is required.
KN Energies announces additional Klaipeda LNG terminal capacity for 2027
AB KN Energies has announced an additional invitation to submit requests for the allocation of 2027 Klaipeda LNG terminal capacities, Lithuania.
Adriatic LNG supplied 14% of Italy's natural gas demand in 1H26
In the first half of 2026, Adriatic LNG was Italy’s third-largest source of natural gas imports, after the pipelines transporting gas from Algeria and Azerbaijan.
Wood Mackenzie: Asian LNG demand forecast to decline
Asian LNG demand is heading for a second consecutive year of decline, reports Wood Mackenzie.
Shell takes FID on LNG regasification terminal in the Bahamas
Shell Bahamas Power Company Inc. has taken a final investment decision on an LNG regasification terminal in the Bahamas.
EIA: what are tank bottoms?
Crude oil inventories held at storage facilities in Cushing, Oklahoma, US, fell below 20 million bbl during the week ending 19 June until the week ending 10 July, according to EIA's Weekly Petroleum Status Report.