Stena Oil plans Port of Gothenburg storage expansion
Stena Oil has announced plans to expand its low sulfur marine fuel storage capacity in the Port of Gothenburg as well as boosting its delivery capabilities.
Tanks & terminals
See below for the latest news covering the oil, gas and petrochemical storage sector.
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Kinder Morgan to enhance Houston Ship Channel terminal capabilities
Over US$170 million will be spent by Kinder Morgan to enhance its terminal capabilities in the Houston Ship Channel.
Oil: global supply and demand balances
Paul Hickin, Associate Director at Platts, provides an overview of his seminar that will be presented at Tank Storage Asia.
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Australia ramping up LNG production
The EIA reports that Australia is on track to become world’s largest LNG exporter.
Mayer Brown represents CLP Power in Hong Kong offshore LNG terminal project
Mayer Brown has advised CLP Power Hong Kong Limited in connection with the Hong Kong Offshore LNG terminal project, which involves the use FSRU technology for the first time in Hong Kong.
PJ Valves awarded three new contracts
PJ Valves has been awarded three FPSO valve contracts for projects in Brazil, Mexico and Nigeria.
Re-Gen Robotics confirms investment
Re-Gen Robotics has committed £1 million to new tank cleaning robot and an ADR certified jet/vac tanker.
Port Houston to move forward with expansion
The planned expansion of the truck gate at Port Houston’s Barbours Cut Container Terminal is set to begin.
Pin Oak begins construction on Taft Terminal and secures interconnection agreements
Pin Oak has announced that it has made interconnection agreements to EPIC and Red Oak pipelines, and begun construction on its Taft oil trading terminal.
More Tanks & terminals news
Altus Midstream acquires stake in Enterprise’s Shin Oak pipeline
Altus Midstream Co. has announced the closing of its acquisition of a 33% equity interest in the Enterprise subsidiary that owns the Shin Oak NGL pipeline.
Hurricane preparedness and response
As the peak of the hurricane season approaches, refiners and petrochemical manufacturers in the US are working to ensure that their facilities are secure and prepared to withstand storms.
Enterprise signs long-term agreements with Chevron for US oil terminal
Enterprise and Chevron have announced agreements supporting the development of an offshore crude oil terminal in the Gulf of Mexico.
European Commission approves support for Croatian LNG terminal
The European Commission has found that Croatian plans to construct and operate an LNG terminal at Krk island are in line with EU state aid rules.
NuStar Energy closes on its sale of its St. Eustatius terminal to Prostar Capital
NuStar Energy has completed the US$250 million sale of its St. Eustatius oil storage terminal to Prostar Capital.
US LNG exports to Europe to increase as demand in Asia falls
The EIA has reported that US LNG exports to Europe will increase while demand in Asia drops.