Uniper and GSPC sign long-term LNG supply agreement
Uniper and Gujarat State Petroleum Corp. have finalised an up to 10-year LNG agreement for up to 0.5 million tpy LNG deliveries into LNG terminals located on the west coast of India.
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.
SK Innovation to lead US$2.3 billion LNG mega project in Vietnam
SK Innovation has been selected to lead a landmark LNG power project in Nghe An Province, Vietnam.
Worley tapped as technical advisor for New Zealand LNG import terminal
Worley will provide technical advisory and client engineering support for the development of New Zealand’s LNG import terminal.
Baker Hughes and Valourec sign storage agreement
Baker Hughes and Vallourec have signed an agreement to advance hydrogen storage solutions for the green hydrogen market.
Caturus and Aramco Trading sign 20-year LNG offtake agreement
Caturus has announced the signing of a sale and purchase agreement between Commonwealth LNG and Aramco Trading, a subsidiary of Saudi Aramco.
Tank Storage Association launches 2026 Careers Week
The Tank Storage Association has officially launched its 2026 Careers Week campaign, an initiative aimed at showcasing career and apprenticeship opportunities in the bulk storage and energy infrastructure sector.
Worley selected by Samsung C&T for CO2 sequestration project in Qatar
Worley has been awarded a contract by Samsung C&T Corp. to deliver detailed engineering services for the QatarEnergy LNG Carbon Dioxide Sequestration Project in Qatar.
YPF, ENI, and XRG sign JDA for Argentina LNG
YPF, Eni, and XRG have announced they have signed a binding joint development agreement to advance Argentina LNG.
EIA forecasts lower oil prices in 2026 and 2027 due to persistent stock builds
EIA forecasts that production of petroleum and other liquids will continue to exceed global demand, which results in Brent crude oil prices falling from an average of US$69/bbl in 2025 to US$58/bbl in 2026 and US$53/bbl in 2027.
Exolum, Methanex Corp., and Ørsted announce bio-methanol storage
Exolum, Methanex Corp., and Ørsted, have announced the launch of the UK’s first commercially ready bio-methanol storage and supply service for shipping at the Port of Immingham.