Oil storage news
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.
Hormuz closure and related production outages are key drivers in EIA’s latest forecast
The US Energy Information Administration published its April Short-Term Energy Outlook this week, examining the implications of the closure of the Strait of Hormuz.
A new safety standard
Gerotto Federico Srl explores how the use of remotely operated robots can aid safety through replacing human workers during hazardous maintenance and tank cleaning operations.
Rystad Energy: Gulf energy infrastructure left facing a US$25 billion repair bill
War in the Middle East has triggered severe global supply disruptions in oil and gas, with reported damage and shutdowns affecting LNG trains, refineries, fuel terminals, and critical gas-to-liquids facilities across the region, according to Rystad Energy.
Evos Rotterdam commences expansion project
Evos Rotterdam has commenced the realisation of a major expansion project for (low-carbon) methanol and ethanol storage, following a signing ceremony held at the Port of Rotterdam.
IEA Member countries to carry out largest ever oil stock release
The 32 Member countries of the IEA have agreed to make 400 million bbl of oil from their emergency reserves available to the market to address disruptions in oil markets stemming from the war in the Middle East.
EIA: latest Short-Term Energy Outlook
The US Energy Information Administration (EIA) has published its latest Short-Term Energy Outlook (STEO).
GlobalData: escalating Gulf conflict set to disrupt Hormuz oil flows
Jaison Davis, Economic Research Analyst at GlobalData, provides commentary on GCC exports, with global energy markets in flux.
IGU releases statement on the escalating conflict in the Middle East
The International Gas Union (IGU) has released a statement on the escalating conflict in the Middle East and its impact on global energy security.
Wood Mackenzie: oil prices could hit US$100/bbl as Strait of Hormuz traffic halts
Higher oil and gas prices are certain as the closure of the Strait of Hormuz threatens to disrupt 15% of global oil supply and 20% of global LNG supply if tanker flows are not quickly restored, according to Wood Mackenzie.