Tanks & terminals

ORLEN has opened a Marine Transshipment Terminal at its Gdansk refinery, Poland, marking the completion of one of the group’s key logistics projects.

ECOnnect Energy has signed an agreement with New Providence Gas Ltd to deliver an IQuayTM C-Class floating LNG import terminal to the Bahamas.

Argent LNG has announced the formal submission of its waterway suitability assessment to the US Coast Guard, marking a significant step in the company’s engagement with the full suite of federal agencies required for its LNG export project.

Worley has been awarded a framework agreement with INPEX Operations Australia Pty Ltd to support its operations in Australia.

L&T Energy Hydrocarbon Onshore business has secured a major engineering, procurement, and construction order from Kuwait Oil Co. for its key Jurassic Light Oil export facilities and the upgrade of existing export network.

Baker Hughes has announced a major order from Venture Global LNG to provide a comprehensive liquefaction solution for its CP2 LNG expansion project in Louisiana, US.

Energia Costa Azul, the second LNG export facility in Mexico, shipped its initial cargo from Phase 1 of the terminal on 8 July 2026, according to the project developer, the US EIA has reported.

For the week ending 17 July 2026, commercial crude oil inventories (excluding the Strategic Petroleum Reserve) increased 2.0 million barrels to 411.7 million barrels, 6% below the previous five-year (2021 - 2025) average, the US EIA has reported.

AB KN Energies has announced an additional invitation to submit requests for the allocation of 2027 Klaipeda LNG terminal capacities, Lithuania.

In the first half of 2026, Adriatic LNG was Italy’s third-largest source of natural gas imports, after the pipelines transporting gas from Algeria and Azerbaijan.

Asian LNG demand is heading for a second consecutive year of decline, reports Wood Mackenzie.

Crude oil inventories held at storage facilities in Cushing, Oklahoma, US, fell below 20 million bbl during the week ending 19 June until the week ending 10 July, according to EIA's Weekly Petroleum Status Report.

Glenfarne Group, LLC announced a US$500 million investment with lead investors being investment funds and accounts managed by global investment firm, HPS Investment Partners, a part of BlackRock.

Technip Energies has awarded Yokogawa Corp. of America the role of main automation contractor for the Commonwealth LNG project.

UAB Ignitis has secured an additional 2 TWh of annual regasification capacity on the secondary market for the period of 2033 – 2044 for KN Energies’ Klaipeda LNG terminal.