NERSA has approved the application by Cape Ocean Terminals to construct a petroleum storage facility and a pipeline connecting it to Berth 104 at the Port of Saldanha, Western Cape, South Africa.
OMV Petrom is expanding its activity in the bitumen field, through two strategic partnerships with Romanian companies, aimed at expanding storage capacity for bitumen and to produce polymer modified bitumen.
Wood has secured a three-year contract extension to provide operations, maintenance, modifications, and support services (OMMS) on Equinor’s assets at the Mariner field, located on the UK Continental Shelf (UKCS).
CTCI has announced that it was awarded an LNG terminal-related EPC contract to help CPC Corp. build regasification facility at Kaohsiung Intercontinental LNG Receiving Terminal in southern Taiwan.
Pengerang Terminals has signed a terminal usage agreement (TUA) with Pengerang Biorefinery to provide storage and handling facilities for its feedstocks and products.
Coastal Bend LNG has selected EXP as lead environmental consultant for its planned natural gas liquefaction and export facility on the Texas Gulf Coast, US.
NEDO consortium will promote the development of stress corrosion cracking (SCC) probability evaluation tools for fuel ammonia storage tank and transportation equipment.
Uniper are set to explore potential hydrogen storage development in the UK, in partnership with British Salt with the Salinae Hydrogen Storage Project.
The average historical volatility of the daily Henry Hub front-month futures price trended downward through 1H25, with quarterly volatility falling from a recent high of 81% in the 4Q24 to 69% by mid-2025.