Magellan and Enterprise developing joint Houston crude oil futures contract
Affiliates of the two companies have entered into an agreement to jointly develop a futures contract for the physical delivery of crude oil in the Houston area.
The latest oil, gas and petrochemicals storage news
Rotork launches cloud-based management system
Rotork has launched a programme of advanced analytics for the management of intelligent flow control assets.
Venice LNG gains construction and operation authorisation for LNG store in Porto Marghera
Venice LNG has obtained the authorisation for the construction and operation of the LNG store in Porto Marghera.
Advertisement
Max Midstream and CPA announce port expansion
Max Midstream and the Calhoun Port Authority (CPA) have announced that the expansion of the Calhoun port in Houston, Texas, will begin in 2021 with the recent passage of the 'Water Resources and Development Act' by Congress.
EPA finalises in-service tank inspection rules
The International Liquid Terminals Association (ILTA) has announced that the US Environmental Protection Agency (EPA) has finalised its new rule expanding the use of in-service tank inspections.
TSA launches new environmental, social and governance charter.
The Tank Storage Association (TSA) has formally launched a new environmental, social, and governance (ESG) charter affirming the sector’s shared commitment to environmental, social and governance principles.
McDermott awarded liquid hydrogen storage study
McDermott’s CB&I Storage Solutions business has been awarded a study to research opportunities to expand current liquid hydrogen storage capacity limits.
Diversified CPC International completes first phase of new Beaumont facility
Diversified CPC International (DCPC) has completed the first phase of the Beaumont plant in Texas, US. The company has invested US$10 million in Phase I of the project.
New Fortress Energy to acquire Hygo Energy Transition Ltd and Golar LNG Partners LP
New Fortress Energy is set to acquire Hygo Energy Transition Ltd and Golar LNG Partners LP in a combined US$5 billion transaction.
GTT obtains approval for NO96 containment system application
GTT has obtained approval in principle (AIP) for the NO96 membrane containment system for LNG fuel tank application for ultra large container vessels (ULCV) from the Bureau Veritas (BV) classification society.
ILTA president lauds EPA for final rule on in-service tank inspections
The president of the International Liquid Terminals Association (ILTA), has commended the US Environmental Protection Agency (EPA) for taking final action to allow added flexibility to terminal operators while ensuring high-quality liquid tank inspection.
Stolthaven Terminals and Systems Navigator improve simulation model library
Together with Stolthaven Terminals, Systems Navigator have further improved the generic oil model (GOM) infrastructure logic for complex chemical terminal infrastructure.
Silea buys Avery Hardoll brand from Liquid Controls LLC
Silea Liquid Transfer (Silea) has signed an agreement for the purchase of the Avery Hardoll brand from Liquid Controls LLC (IDEX Group).
FortisBC launches project to double LNG loading capacity at Tilbury
FortisBC Energy Inc. (FortisBC) has announced that it is proceeding with a new project at its Tilbury liquefied natural gas (LNG) facility in Delta, British Columbia, Canada.