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.
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.
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.
New Zealand moving closer to LNG import terminal
New Zealand’s Energy Minister, Simon Watts, has said the government will contract to build an LNG import facility to strengthen New Zealand’s energy security and support economic growth.
Provaris advance MoU with Himile for LCO2 tank production
Provaris Energy has announced it has entered into a MoU with Himile to assess fabrication of and costs of proprietary LCO2 tanks at Himile’s manufacturing site in Rushan, China.
Mugardos Energy Terminal offers bioLNG
The Mugardos Energy Terminal is now ready to supply bioLNG to ships and tankers.
TECNIMONT and Baker Hughes to collaborate on LNG
TECNIMONT (MAIRE) and Baker Hughes have signed a Memorandum of Understanding to collaborate on prospective modularised, scalable LNG projects.