Energy terminal news
Ottco and Royal Vopak sign agreement for SEZAD
Oman Tank Terminal Co. (OTTCO), a subsidiary of OQ Group, and Royal Vopak have signed a shareholder agreement to establish a new company in the Special Economic Zone at Duqm, Oman (SEZAD).
Woodside announces Louisiana LNG partnership with Williams
Woodside has signed and closed a transaction with Williams for an integrated investment in Louisiana LNG.
EemsEnergyTerminal partners with EXMAR for terminal extension
EXMAR has entered into a strategic partnership with EemsEnergyTerminal, a subsidiary of Gasunie and Vopak, to extend the operation of the Eemshaven LNG import terminal after 2027, the Netherlands.
UAB-online announces partnership with DPA
UAB-Online has announced a new partnership with Digital Port Agency Ltd (DPA), headquartered in the UAE.
Energy transition momentum slowing as affordability gap widens
McKinsey’s Global Energy Perspective finds energy transition momentum may be slowing due to growing affordability gap and diverging regional energy mixes.
Burckhardt Compression wins order for new chemicals terminal
Burckhardt Compressions has secured a major equipment order for a new chemicals storage facility in the TA’ZIZ Industrial Chemicals Zone, located in Al Ruwais Industrial City, Abu Dhabi, UAE.
US ethane exports projected to grow through 2026
US ethane exports are poised for significant growth through 2026, driven by robust global demand for ethane as a petrochemical feedstock, substantial US export capacity expansions, and larger vessels to carry ethane exports, the EIA has reported.
FourPoint Resources and Energy Transfer to expand Price River Terminal
FourPoint Resources has announced an agreement with Energy Transfer to expand the Price River Terminal in Wellington, Utah, US, doubling the terminal’s export capacity.