Terminals

Limetree Bay’s oil storage terminal will not be affected by the decision to suspend the restart of the refinery and will continue in operation.

Industrial Realty Group, LLC (IRG) has acquired 23.8 acres along the Houston Ship Channel, and has leased out a portion of the site to MTF Holdings.

Orbital Sidekick (OSK) has announced the upcoming launch of its newest and most powerful hyperspectral imaging satellite, Aurora.

Magellan Midstream Partners L.P. has announced an agreement to sell its independent terminals network comprised of 26 refined petroleum products terminals to Buckeye Partners L.P.

Crown LNG, a Norwegian group which specialises in developing LNG infrastructure for harsh weather conditions, has initiated development of an LNG terminal offshore Kakinada, India.

Oiltanking and Azur Drones have successfully equipped Oiltanking’s terminal in Copenhagen with state-of-the-art drone technology to support safety and operations.

Woodside has set new interim and long-term targets to achieve net zero greenhouse gas emissions by 2050 at Pluto LNG.

Brooge Energy Ltd has announced that its customers have successfully renewed their fixed lease contracts for 233 071 m3 of Brooge Energy’s Phase I storage capacity.

POET has acquired Flint Hills Resources’ biofuel business, including six bioprocessing facilities located in Iowa and Nebraska and two terminals in Texas and Georgia, US.

Wood Mackenzie reports on how Europe has become a battleground for global LNG price formation.

Shell has sold its Mobile Chemical refinery and associated co-located logistics infrastructure, including product racks, an associated dock, and the Blakeley Island terminal, to Vertex Energy.

Refineria di Kòrsou (RdK) and CORC B.V. have signed a ‘Draft Deed’, laying the foundation for management and operation of the refinery, the utility plant and the terminal at Bullenbaai, Curaçao.

New analysis from Westwood Global Energy Group (Westwood) reveals the number of floating production storage and offloading (FPSO) leases set to expire in 2022 is significantly higher than the yearly average of ~3 since 2015.

Mitsubishi Power and Texas Brine have joined forces on large-scale hydrogen storage solutions to support decarbonisation efforts in eastern America.

Industry partners have joined to jointly explore the development of a liquefied hydrogen supply infrastructure for Keppel’s data centres in Singapore.