Wood Mackenzie: Asian LNG demand forecast to decline
Asian LNG demand is heading for a second consecutive year of decline, reports Wood Mackenzie.
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.
Shell takes FID on LNG regasification terminal in the Bahamas
Shell Bahamas Power Company Inc. has taken a final investment decision on an LNG regasification terminal in the Bahamas.
EIA: what are tank bottoms?
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 announces Indigenous equity option for Phase 2 storage tank
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 transports South American crude to PCK refinery
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 announces investment in Texas LNG by HPS Investment Partners
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.
Ferguson to acquire FloWorks
Ferguson Enterprises Inc. has announced that it has entered into a definitive agreement to acquire FWI Holdings, Inc. (FloWorks), an industrial distributor and service provider of highly technical valves and flow control solutions, from Wynnchurch Capital L.P.
Yokogawa awarded main automation contractor role for Commonwealth LNG project
Technip Energies has awarded Yokogawa Corp. of America the role of main automation contractor for the Commonwealth LNG project.
Ignitis secures additional long-term capacity at the Klaipeda LNG terminal
UAB Ignitis has secured an additional 2 TWh of annual regasification capacity on the secondary market for the period of 2033 - 2044 for KN Energies’ Klaipeda LNG terminal.
Svanehoj acquires Henri Systems Holland
Svanehoj has acquired Henri Systems Holland B.V., a leading Dutch specialist in the design and manufacturing of measurement and safety equipment for LNG and LPG vessels.