Oil storage news

Technip Energies has been awarded two FEED contracts by Société Gabonaise de Raffinage for its refinery in Port-Gentil, Gabon.

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.

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.

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 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.

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.

The US Energy Information Administration (EIA) has published its latest Short-Term Energy Outlook (STEO).

Jaison Davis, Economic Research Analyst at GlobalData, provides commentary on GCC exports, with global energy markets in flux.

The International Gas Union (IGU) has released a statement on the escalating conflict in the Middle East and its impact on global energy security.

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.