Tanks & terminals

The EIA has reported that US crude oil inventories are approaching record-high levels.

Implico has developed a new solution for the tank terminal operator Evos, which will use a digital connection to the Hamburg Port Authority.

McDermott has announced that it has been awarded EPFC contracts for storage tanks in Saudi Arabia.

Cheniere Energy has delivered another cargo of LNG to the President Lech Kaczynski LNG Terminal in Swinoujscie, Poland.

The International Gas Union (IGU) has released its annual ‘World LNG Report’ for 2020, highlighting all the material changes in the global LNG industry in 2019.

Venture Global has announced the successful roof raising for the first LNG storage tank of its Calcasieu Pass project.

The US EIA has reported that withdrawals from natural gas storage this winter were at their lowest levels since 2015 – 2016.

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.