Freeport LNG expansion gets FERC approval
The FERC has approved the construction of Train 4 at the Freeport LNG terminal in Texas.
Storage tanks
TASI Group acquires Sierra Instruments
The TASI Group recently acquired Sierra Instruments, its second acquisition in recent months.
EIA revises Brent crude oil price forecast
The EIA has revised its price forecast for Brent crude oil upward, reflecting price increases in recent months, more recent data, and changing expectations of global oil markets.
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IEA report unveils security and sustainability concerns
The IEA reports that global energy investment stabilised above US$1.8 trillion in 2018, but security and sustainability concerns are growing.
China raises US LNG import tariffs to 25%
Wood Mackenzie assesses the impact of the on-going trade war between the US and China.
Buckeye Partners acquired by IFM Investors
In a transaction valued at US$10.3 billion, Buckeye Partners have agreed to be acquired by IFM Investors.
The Sniffers launches Methane Accounting Program
The Sniffers has developed a Methane Accounting Program to assist oil and gas asset owners to realise their environmental and sustainability ambition for methane.
NuStar Energy sells its St. Eustatius terminal
At a price of US$250 million, NuStar Energy will has agreed to divest its St. Eustatius oil storage terminal.
SBM Offshore wins contracts for ExxonMobil FPSO
SBM Offshore will construct, install and operate ExxonMobil’s 2 million bbl crude oil storage capacity FPSO, Liza Unity.
More Storage tanks news
Matrix Service awarded EPC contract for Piedmont Natural Gas LNG facility
Matrix Service has been awarded an EPC contract for Piedmont Natural Gas’ LNG peak shaving facility in North Carolina.
Three year extension of KBR’s GMS Contract for SATORP
KBR will continue to provide General Maintenance Services at the SATORP refining and petrochemicals project in Saudi Arabia.
Chevron completes acquisition of Pasadena Refining
Adding a second refinery to its Gulf Coast downstream business, Chevron acquires Pasadena Refining System, Inc.
Oil Tank Supplies rebrands
Oil Tank Supplies, a fuelling solutions company, will change its name to OTS Group Ltd.
PETRONAS offers commercial gassing up and cooling down services in Malaysia
The Pengerang LNG Regasification Terminal will feature PETRONAS gassing up and cooling down services for LNG vessels.
IEA releases statement on global oil markets
The International Energy Agency notes that the global oil market is now adequately supplied but high oil prices should be avoided.