Storage tanks

A group of international investors led by SOCAR have reached an agreement with OMV Aktiengesellschaft to acquire the Aliaga storage facilities owned by OMV Petrol Ofisi A.S.

World Point Terminals has released its quarterly distribution results.

Odfjell Terminals has entered into an agreement to sell its 29.75% indirect ownership in Oiltanking Odfjell Terminals & Co in Oman for around US$130 million.

EQT Midstream Partners has acquired the Allegheny Valley Connector transmission and storage system, along with several Marcellus gathering systems from EQT Corporation.

To provide much needed gasoline and diesel supply relief, Atlas Oil deployed more than a dozen trucks and drivers to the disaster zones.

The Seaport Canaveral Terminal has announced its return to normal operations.

The new assets will support Phillips 66 Partners’ Bayway, Billings, Borger and Ponca City refineries.

KP Engineering has been awarded a fixed price EPC contract by Praxair, Inc.

The Seaport Canaveral Terminal has been safely suspended and evacuated due to forthcoming arrival of Hurricane Matthew.

NGL Energy Partners has announced its acquisition of the Point Comfort, LLc, terminal assets in Texas.

In June, the California Public Utility Commission approved funding to mitigate the effects of energy shortfalls caused by the closure of the Aliso Canyon natural gas storage facility.

White Cross Rubber Products’ Petroseals rubber sheeting and coated textile products are being installed as floating roof seals in above ground fuel storage tanks in China.

In the first half of 2016, the US exported 4.7 million bpd of petroleum products, an increase of 500 000 bpd over the first half of 2015.

Sempra Energy unit IEnova has completed its acquisition of the PEMEX stake in a joint venture.

As Tank Storage Asia prepares to open its doors tomorrow, 27th September 2016, delegates are promised innovation at the heart of the event.