Terminals

Neste is to sell its fuel retail business of 75 fuel stations and a terminal in the St Petersburg region to Tatneft.

Vopak has teamed up with I-IoT company TWTG to improve the efficiency and safety of its storage terminals worldwide.

The US EIA reports that there was an increase in petroleum and natural gas consumption in 2018, although coal consumption fell 4.3%.

Gasum has partnered with Eastman Chemical for LNG deliveries from the Manga LNG terminal, Finland.

Marathon will use close to 30% of the Manzanillo terminal’s capacity following its agreement with IEnova.

TWTG has installed I-IoT valve sensors for Vopak in the Port of Rotterdam, aiming to increase employee safety and accelerate digital transformation.

Potential EPC contractors for the German LNG Terminal Brunsbuettel project have been invited to announce their interest in participating.

Following further work at Pluto LNG, Woodside has confirmed that LNG production has now restarted.

Converge has acquired Fairway Energy Partners’ crude oil storage tanks, pipelines, and the footprint of a terminal in Houston, Texas.

Pavilion Energy Pte Ltd has entered into an agreement to purchase the portfolio of LNG assets of Iberdrola.

The Port of Brownsville has received a key permit to advance the Brazos Island Harbor Channel Improvement Project (BIH) to its construction phase.

Standic will build a new chemical storage terminal in Port of Antwerp, doubling its capacity.

Rystad Energy believes that OPEC+ countries will not be able to increase oil production levels in the second half of 2019 without having a detrimental effect on oil prices.

Howard Energy Partners has announced the expansion of its Port Arthur and Corpus Christi bulk liquid terminals, raising terminal capacity to 2.6 million bbl.

Commonwealth LNG and Gunvor Singapore have signed a HOA for the offtake of 1.5 million tpy of LNG.