Terminals

OPEC producers and its allies have agreed a record deal to cut oil output in light of the coronavirus pandemic.

Continued production and collapsing demand means that the US is set to fill one third of its available crude storage in April, according to Rystad Energy.

The EIA has announced that it expects the US to return to being a net importer of crude oil and petroleum products as production declines.

Servelec Technologies, along with sister company Primayer, have announced a new, unified company name and brand: Ovarro.

PGNiG has announced that it is the sole user of a small-scale LNG reloading station in Lithuania.

Wood Mackenzie warns that the gas sector faces an unpredictable year due to the coronavirus, oil price crash and LNG oversupply.

Shell has announced that it will not proceed with an equity interest in the proposed Lake Charles LNG project.

Limetree Bay activates COVID-19 response plan

The multi-functional terminal extends Swedish methane infrastructure significantly and improves access for the country’s industry.

Dentons has announced that it advised Petronas on the sale of its wholly owned subsidiary Humbly Grove Energy Ltd to EP UK Investments Ltd.

Odfjell Terminals US has announced the closure of a new five-year revolving credit facility.

The EIA has reported that European natural gas storage inventories are at record-high levels at the end of winter.

Pembina Pipeline Corp. has received FERC approval for its Jordan Cove LNG project.

Abu Dhabi Ports and Arabian Chemical Terminals have signed a strategic agreement for the development of a commercial bulk liquid storage terminal.

USD Partners has announced that it has taken measures in response to the COVID-19 outbreak and will remain fully operational.