Caliche Development starts up ethylene storage service in Texas
This announcement follows drilling completion of a planned, 5 million bbls cavern for ethane storage.
The latest oil, gas and petrochemicals storage news
Cheniere provides update on liquefaction projects
LNG facilities in Louisiana and Texas feature a total of 16 liquefaction trains.
Herbert Smith Freehills advises China's ENN on billion-dollar acquisition of US LNG supply
Leading global law firm Herbert Smith Freehills has advised China energy major ENN on its first acquisition in the US LNG market.
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AB Klaipedos Nafta announces October 2018 preliminary activity results
Announcement covers the Klaipeda and Subacius oil terminal as well as the company’s refinery and LNG terminals.
Sempra signs HoAs with Total, Mitsui and Tokyo Gas for new liquefaction project
First LNG export project on Mexico's Pacific Coast advances towards full subscription of initial phase.
Buckeye to sell terminal and pipeline assets following strategic review
The announcement accompanies that of the company’s sale of its equity interest in VTTI.
Energy storage is a US$1.2 trillion investment opportunity to 2040, says BloombergNEF
Tumbling costs of battery storage systems between 2018 and 2030 will transform the economic case for batteries.
Vopak to expand activities in South Africa and the Netherlands
New and expanded terminals will increase capacity for LPG and chemical gases.
Vitol and IFM to acquire 50% of VTTI
Partnership will acquire Buckeye Partners’ equity interest in the energy storage provider.
Duqm Refinery receives multi-source project financing
The US$4.61 billion sourced for the project represents the largest project financing in the Sultanate of Oman.
Limetree Bay Refining reaches agreement in principle on St. Croix refinery restart
Unspecified oil company to enter into a tolling agreement and serve as the refinery’s supply and offtake counterparty.
Total and Sempra Energy sign MoU for development of LNG export projects
Agreement contemplates Total contracting for up to 9 million tpy across projects in Louisiana and Mexico.
Bidvest and Petredec announce LPG facility ground-breaking
Import and storage facility in Richards Bay, South Africa, to be the largest on the continent.
Pieridae receives permit to construct Goldboro LNG facility
Hatch Ltd will act as engineering advisor on the project.
European Commission approves support for Lithuanian LNG terminal
The Commission has approved the compensation granted by Lithuania to LITGAS under EU State aid rules.
McDermott to divest storage tank business
Portfolio review concludes that McDermott’s storage tanks and pipe fabrication businesses are not core to its strategic objectives.
Port of Corpus Christi and Carlyle to develop crude oil export terminal
Project would create first onshore location in the US Gulf capable of servicing fully laden very large crude carriers.
Inter Terminals to acquire NuStar’s liquid storage business
Inter Pipeline subsidiary will acquire a total of 9.1 million bbls storage.
Woodside signs cooperation agreement with ENN
The companies will explore a broad range of potential business opportunities.
FCI announces widest range of digitalised flow meters
Company offers the industry’s widest selection of thermal mass flow meters with digital bus communication capabilities.
McDermott, Saipem to partner in bid for NextDecade
The companies will make a joint bid for EPC contracts on NextDecade’s Rio Grande LNG project.
Philippines shortlists companies for LNG terminal, reports Reuters
According to a Reuters report, proposals have been narrowed down to those from PNOC, Tokyo Gas and CNOOC.