ADNOC signs agreements with Indian energy partners
ADNOC has announced the exchange of two strategic collaboration agreements with Indian partners, reinforcing the strong and expanding UAE-India energy partnership.
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Ludoil Energy signs agreement to acquire ISAB
Ludoil Capital has entered into a sale and purchase agreement with GOI Energy for the acquisition of the latter's stake in ISAB, the owner of the Priolo Gargallo refinery.
Technip Energies selects Gpi Tanks XL for the construction of SAF storage tanks
Gpi Tanks XL has been selected by Technip Energies for the construction of 22 stainless steel storage tanks for the SkyNRG project in Delfzijl, the Netherlands.
Colonial Oil Industries acquires Atkinson Oil
Colonial Oil Industries, Inc. has announced the acquisition of Atkinson Oil Co. LLC, a Sandersville-based, US, commercial distributor of fuel and lubricants known for its team and strong safety and service record.
EIA: DOE released 17.5 million bbl from SPR since March
Between the week ending March 20 and the week ending April 24, the US DOE released a total of 17.5 million bbl of crude oil from the US Strategic Petroleum Reserve, according to the EIA.
EIA: International LNG prices rise amid Strait of Hormuz closure
Prices for natural gas in Europe and Asia have diverged from those in the US since the 28 February closure of the Strait of Hormuz, the US EIA has reported.
Phillips 66 Limited completes acquisition of Lindsey Oil Refinery assets
Phillips 66 Limited has announced that it has completed the acquisition of the assets and associated infrastructure of Prax Lindsey Oil Refinery Ltd, UK.
More Storage tanks news
Snam: 90% filling target achieved through latest auctions
Following the latest auctions for the allocation of gas storage capacity for next winter, Snam announces that storage capacity allocated allowed to achieve the target of filling Italian gas storage facilities to at least 90%.
Crisafulli Government drives national first for renewable diesel
The Crisafulli Government, Australia, is strengthening Queensland’s fuel security with a AUS$25 million investment, and streamlined approvals, to develop renewable diesel at Ampol’s Lytton refinery.
EIA: China, US, and Japan hold most strategic oil inventories in 2025
In this report, the EIA examines strategic global oil inventory levels as of December 2025, before the coordinated emergency release following the closure of the Strait of Hormuz.
Spire and I Squared announce agreement for sale of natural gas storage assets for US$650 million
Spire Inc. and I Squared Capital have announced that they have entered into an agreement in which I Squared will acquire Spire's natural gas storage assets in Wyoming and Oklahoma (Spire Storage).
EIA: US natural gas exports to grow nearly 30% by 2027
In its latest 'Short-Term Energy Outlook', the US Energy Information Administration (EIA) forecasts that US LNG exports will continue to increase.
Technip Energies awarded two FEED contracts by SOGARA for refinery complex in Gabon
Technip Energies has been awarded two FEED contracts by Société Gabonaise de Raffinage for its refinery in Port-Gentil, Gabon.
GTT to design onshore storage tank for liquefaction plant in China
GTT has received an order from Beijing Petrochemical Engineering Co., Ltd for the design of a 10 000 m3 onshore LNG tank to be built at the Yangjiawan LNG liquefaction plant in China.
Christiani & Nielsen executes LNG tank outer works construction contract
Christiani & Nielsen (Thailand) Public Co. Ltd has executed a construction contract for the LNG tank outer works project with POSCO E&C.