As US diesel prices soar and political pressure for an export ban grows, a new Wood Mackenzie analysis warns the move could have considerable ripple effects, triggering significant global product stock drawdowns while ultimately proving self-defeating for American consumers.
Ludoil Capital S.r.l has completed the acquisition of a 51% stake in ISAB S.r.l. from GOI Energy S.r.l., following the successful outcome of the Golden Power procedure.
Transnet National Ports Authority has issued a request for proposals for the appointment of a terminal operator for the Port of East London, South Africa.
Expanding energy demand and energy security concerns to drive liquid storage capacity additions in the region, GlobalData has reported.
SAMSUNG E&A launched a full-scale entry into the LNG plant market by unveiling its ‘LNG Module Package’ at Gastech 2026 in Bangkok, Thailand.
On 18 September, His Majesty King Frederik X of Denmark will officially open the first full-scale facility for the permanent storage of CO2 in the European Union (EU).
Caturus LLC has announced a five train, 7.75 million tpy expansion project for its Commonwealth LNG export facility in Cameron Parish, Louisiana, US, which would nearly double the site’s planned capacity to approximately 17.25 million tpy.
Naftogaz Group and Kino Aski LNG have signed a memorandum of understanding on potential co-operation in the supply of low-carbon LNG from Canada to the European market.
CB&I and AG&P Industrial have completed and commissioned two 60 000 m3 full containment LNG storage tanks at the LNGPH Ilijan LNG facility in the Philippines.
Wood has been awarded a new US$200 million contract by ExxonMobil PNG for construction services in support of the PNG LNG project in Papua New Guinea.
Covestro, Fertiglobe, and MB Energy have signed an MoU to explore an ammonia supply chain collaboration.
Argent LNG has signed a memorandum of understanding with the Government of the Republic of Albania to jointly evaluate the development of a large scale onshore LNG storage and regasification terminal on the Albanian coast.
The US Energy Information Administration has released its latest Short-Term Energy Outlook (STEO).
Matrix Service Co. has announced that America First Refining has awarded the company the front-end engineering and design of the storage tank farm for AFR’s large scale refining facility in Brownsville, Texas, US.
Rompetrol Rafinare continues the strategic programme to modernise the storage infrastructure at Petromidia, Romania, through the capital rehabilitation and modernisation of five tanks with a direct impact on the refinery’s operational flexibility.
Uniper has completed the expression of interest phase for its hydrogen import terminal in Wilhelmshaven, Germany, receiving sufficient capacity reservations to proceed to the next stage.
Aster has announced the official launch of Aster Port & Terminals (APT), its new storage and logistics business, bringing together Aster’s extensive marine, terminal, and storage infrastructure in Singapore and opening the platform to commercial customers.
Nikkiso Clean Energy & Industrial Gases Group has secured a contract with CS Gas North to provide 16 submerged motor pumps for German LNG Terminal in Brunsbüttel.
The Middle East conflict continues to disrupt oil exports through the Strait of Hormuz, straining markets and pressuring inventories – and increasing the urgency of reopening the critical waterway, according to the IEA's latest Oil Market Report.
MAIRE has announced new awards and additional works related to previously granted contracts in the Integrated E&C Solutions business unit for a total amount of approximately €110 million, for projects located across South America, Europe, and Asia.
Shell Pilipinas Corp. is progressing with a terminal expansion in Cebu, strategically located in the Visayas, the Philippines, to strengthen the availability of energy products and enhance supply chain resilience.
Ebara Elliott Energy and Doosan Enerbility have signed a Memorandum of Understanding to co-develop advanced gas turbine-driven centrifugal compressors for the LNG industry.
Kino Aski Inc. and Marinvest Energy Canada Inc. have announced the joint development of Kino Aski LNG, a First Nations-led energy corridor and LNG project designed to supply Europe with competitive, low-carbon Canadian energy.
Zimar Group is set to build a US$1.9 billion refinery and petrochemical complex in Dosso, southerwestern Niger, according to various media outlets.
Argentina LNG has submitted its application to join Argentina’s Large Investment Incentive Regime for the development of its integrated LNG production and export project, with a total investment of US$51 billions throughout the life of the project.