Affiliates of the two companies have entered into an agreement to jointly develop a futures contract for the physical delivery of crude oil in the Houston area.
Tanks & terminals
See below for the latest news covering the oil, gas and petrochemical storage sector.
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Venice LNG has obtained the authorisation for the construction and operation of the LNG store in Porto Marghera.
Rotork has launched a programme of advanced analytics for the management of intelligent flow control assets.
More Tanks & terminals news
Enterprise’s very large gas carrier (VLGC) has been loaded with 590 000 bbl of liquefied petroleum gas (LPG), including cargo and fuel.
DESFA has undertaken the provision of operation and maintenance (O&M) services of the KIPIC LNG terminal in Kuwait.
ExxonMobil and Vopak have signed a memorandum of understanding (MOU) for an LNG feasibility study in South Africa.
As part of the transaction, Petroleum Service Corp. will absorb Fryoux's tankerman operations along the US Gulf Coast.