Tanks & terminals

Honeywell has announced new features and capabilities of its tank inventory management system.

Brooge has appointed MUC to complete technical studies for a 180 000 bpd refinery and Phase III oil storage terminals.

Pipeline feed gas flow has commenced to the third and final train of phase one of the LNG export project.

The contracts represent the latest collaboration between Novatek and CCC, which previously worked together on turbomachinery optimisation and standardisation for the Yamal LNG project.

GlobalData has reported that the measures to contain COVID-19 have weakened Indian LNG demand.

According to GlobalData, the WTI May futures and oil storage issues with have a rippling effect on global markets.

GASSCO has awarded a contract to ODE for the implementation of findings of its gas terminals integrity review.

On Monday 20 April, US oil prices turned negative for the first time in history as crude storage space filled up.

Subsea pipelines for the new HES Hartel Tank Terminal have been handed over by Visser & Smit Hanab.

Reynolds Contamination Control has signed a five-year distribution agreement with Petro Industrial Pty Ltd.

The US EIA has published its Weekly Petroleum Status Report which provides crude oil and refined products balances for the US.

ILTA has committed to holding its annual conference and trade show in 2020, moving the dates to 16 – 18 November.

New analysis from Wood Mackenzie suggests October may prove critical for the European gas storage market.

GP Global has announced the acquisition of Grand Petroleum’s lubricant assets.

PGNiG has sold the first two LNG cargoes from the reloading station in Klaipeda, Lithuania.