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Tanks and Terminals news updates


Gerotto strengthens its Australasian footprint

Gerotto has provided exclusive distribution rights to KOR, an Australia and New Zealand-based company that manufactures and distributes equipment through OEM companies, such as Cappellotto and Schwarze Industries.

The power of digital asset management

Eric Klein, Global Information Systems, USA, and Joel Hurt Jr., Leica Geosystems, part of Hexagon, USA, describe how to quickly and easily digitise oil and gas assets to maximise efficiency and facilitate regulatory inspection and reporting.

Chart Industries and C.A.T. Group ink MoU

Chart Industries Inc. and C.A.T. Group have signed a Memorandum of Understanding (MoU) to bring carbon capture solutions to customers in the Middle East and Africa.

IEF: drop in global oil refining capacity

According to a new report by the IEF and S&P Global, global oil refining capacity dropped for the first time in 20 years in 2020 and again in 2021, exacerbating tight markets and volatile prices for fuels such as gasoline and diesel.

More tanks and terminals news updates


Shell and Energy Transfer sign 20-year LNG SPA

Shell NA LNG LLC and Energy Transfer LNG Export LLC have signed a 20-year LNG sale and purchase agreement (SPA) for the offtake of 2.1 million tpy of LNG from the Lake Charles LNG project.


AFPM: Inflation Reduction Act falls short

The House of Representatives is set to take up the Inflation Reduction Act of 2022 that covers tax, energy, climate and other issues that impact the refining and petrochemical industries. After careful review, AFPM opposes this legislation.


Limetree Bay Terminals announces name change

Effective 8 August 2022, Limetree Bay Terminals is now doing business as Ocean Point Terminals. Ocean Point Terminals is an energy logistics hub, strategically located in the Caribbean on the island of St. Croix, U.S. Virgin Islands.


CyberFuels' Gateway Terminal to deliver green hydrogen

CyberFuels has signed an LOI with an energy company that has a patented process for producing green hydrogen. The LOI calls for the prototype of the commercial units to be placed at the new CyberFuels Gateway Terminal in Florida, US.


Vitol Bunkers extends its bunkering services

From July 2022, Vitol Bunkers has extended its bunkering services to Jebel Ali (the largest container port in the Middle East) and to Port Rashid Cruise Terminal, Dubai, UAE.