MWG Enterprises, Patel Family Office, and PWS have together launched MERA Oil, a US-Saudi private consortium, and entered the final stage of selecting a host for their planned US$5 billion integrated refinery and energy export corridor.
L&T Energy Hydrocarbon Onshore business has secured a major engineering, procurement, and construction order from Kuwait Oil Co. for its key Jurassic Light Oil export facilities and the upgrade of existing export network.
For the week ending 17 July 2026, commercial crude oil inventories (excluding the Strategic Petroleum Reserve) increased 2.0 million barrels to 411.7 million barrels, 6% below the previous five-year (2021 - 2025) average, the US EIA has reported.
Emerson has announced a new flameproof model for the Rosemount™ 965 Flame Detector, adding hazardous-location certification for applications where reliable hydrocarbon flame detection is required.
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 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.
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.
Dover Fueling Solutions® has announced the launch of ProGauge MagLink Anywhere™ which is designed to give fuel retailers reliable, real-time access to critical tank and console data from anywhere.
GRP Plasticorr Ltd has selected Gerotto’s technology to perform cleaning of the underground tanks of petrol stations in Hungary.
To address corrosion under insulation (CUI) , industry stakeholders have come together in a Joint Industry Project (JIP) led by SIRRIS, a Belgian non-profit research and innovation centre for the technological industry.
The US Energy Information Administration has reported that US refineries processing capacity and crude oil stocks have fallen throughout June.
The Tank Storage Association (TSA) has published the latest edition of its Annual Review of the bulk storage and energy infrastructure sector.
LBC Tank Terminals has taken the final investment decision to execute Project Rainbow 5 Phase A at its Rotterdam Terminal, advancing the next phase of the terminal’s multi-year expansion programme.
Audubon has announced that it has been selected by Gulf Coast Midstream Partners to provide front-end engineering and design for the Nash Energy Storage Hub, Texas, US.
The EU is on course to fall short of its legally mandated carbon capture and storage target by at least 17.5 million tpy, according to Wood Mackenzie's latest analysis.