Oil storage news

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.

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.

The Governing Board of the International Energy Agency (IEA) has unanimously agreed for Nigeria to join the IEA Family as an Association country.

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.

Energy Transfer LP has announced an expansion of the Nederland NGL Export Terminal to meet additional customer demand, Texas, US.

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.

Regal Petro Trading FZE has announced that it has commissioned the Phase 02 expansion of its oil storage terminal at Plot No. HC-02B, Phase 1, Hamriyah Free Zone, Sharjah, UAE.