Wood Mackenzie: US considers diesel export restrictions
Ed Crooks, Wood Mackenzie, considers how diesel export restrictions could impact the refining industry and lead to higher fuel costs for most Americans.
The latest oil, gas and petrochemicals storage news
Advertisement
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.
FTAI Energy Partners agrees to acquire crude oil logistics assets from USD Group
FTAI Energy Partners LLC has announced that its subsidiary has entered into a definitive agreement to acquire the Port Arthur Terminal in Port Arthur, Texas, US, and a 50% interest in the DRU located in Hardisty, Alberta, Canada, from a subsidiary of USD Group LLC.
Shell takes final investment decision to double LNG Canada capacity
Shell has taken a final investment decision on LNG Canada Phase 2 which will double production capacity at the facility in Kitimat, British Columbia.
Tecnimont (MAIRE) signs FEED contract for Argent LNG’s export facility
MAIRE’s Tecnimont USA Inc. has signed the front-end engineering design (FEED) contract for Argent LNG’s export facility at Port Fourchon, Louisiana, US.
Wood Mackenzie: US diesel export ban would trigger global stock drawdowns, cut US refinery utilisation, and risk driving gasoline prices higher
As US diesel prices soar and political pressure for an export ban grows, a new Wood Mackenzie analysis warns the move could have considerable ripple effects, triggering significant global product stock drawdowns while ultimately proving self-defeating for American consumers.
Ludoil plans €1.3 billion investment at ISAB refinery
Ludoil Capital S.r.l has completed the acquisition of a 51% stake in ISAB S.r.l. from GOI Energy S.r.l., following the successful outcome of the Golden Power procedure.
TNPA seeks LNG terminal operator for the Port of East London
Transnet National Ports Authority has issued a request for proposals for the appointment of a terminal operator for the Port of East London, South Africa.
GlobalData: Asia to spearhead global upcoming liquid storage growth additions by 2030
Expanding energy demand and energy security concerns to drive liquid storage capacity additions in the region, GlobalData has reported.
SAMSUNG E&A launches entry into LNG plant market
SAMSUNG E&A launched a full-scale entry into the LNG plant market by unveiling its ‘LNG Module Package’ at Gastech 2026 in Bangkok, Thailand.
INEOS opens first full-scale CO2 storage site in the EU
On 18 September, His Majesty King Frederik X of Denmark will officially open the first full-scale facility for the permanent storage of CO2 in the European Union (EU).