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.
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.
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.
AB KN Energies has announced an additional invitation to submit requests for the allocation of 2027 Klaipeda LNG terminal capacities, Lithuania.
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.
Asian LNG demand is heading for a second consecutive year of decline, reports Wood Mackenzie.
Shell Bahamas Power Company Inc. has taken a final investment decision on an LNG regasification terminal in the Bahamas.
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.
LNG Canada and its joint venture participants have announced an equity option agreement with MNT Investments LP, a limited partnership of the economic development organisations of five First Nations neighbouring LNG Canada’s operations.
UNIMOT Paliwa imported a seaborne shipment of crude oil to Gdansk in July 2025, which will be transported from the Naftoport terminal to the PCK refinery in Schwedt, Germany, using PERN's pipeline infrastructure.
Glenfarne Group, LLC announced a US$500 million investment with lead investors being investment funds and accounts managed by global investment firm, HPS Investment Partners, a part of BlackRock.