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  • Rulemaking package strengthens maintenance and inspection of US pipelines
    Latest News
    Rulemaking package strengthens maintenance and inspection of US pipelines
  • Largest hydrocarbon storage facility opened
    Latest News
    Largest hydrocarbon storage facility opened
  • Port of Duqm terminal development contract awarded
    Latest News
    Port of Duqm terminal development contract awarded
  • Delek acquires shares in Alon
    Latest News
    Delek acquires shares in Alon



Latest News


Terminal News
January 18, 2017
A new set of rules that makes critical safety improvements for hazardous liquid pipelines has been approved.Marie Therese Dominguez, head of the US Department of Transportation's Pipeline and Hazardous Material Safety Administration (PHMSA), signed the rulemaking package,...

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Terminal News
January 17, 2017
Air Liquide has commissioned the largest hydrogen storage facility in the world in an underground cavern in Texas.The underground storage cavern is capable of holding enough hydrogen to back up a large-scale steam methane reformer until for 30 days.The cavern follows the...

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Terminal News
January 17, 2017
Boskalis has been awarded a €480 million contract for the development of a bulk liquid berth terminal of at the Port of Duqm.The contract will be awarded by the Special Economic Zone Authority Duqm, subject to it satisfying certain conditions.The contact includes the...

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Terminal News
January 17, 2017
Delek US Holdings has acquired the outstanding shares of Alon's common stock for $464 million.The combined company will cover the refining, logistics, retail, wholesale marketing, renewables and asphalt markets. The refining system will have approximately 300,000 barrels...

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Terminal News
January 17, 2017
A joint venture investment project between Kansas City Southern (KCS), Watco Companies and WTC Industrial will facilitate the exportation of liquid fuels from the US to Mexico.The project includes the construction of a unit train liquid fuels terminal in the WTC Industrial...

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Terminal News
January 16, 2017
The Dunkirk LNG terminal has officially started commercial operations.The regasification facility is one of the largest industrial construction sites in France and it is used to import, store and regasify LNG before delivery with the transmission systems to the places of...

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Terminal News
January 13, 2017
North Sea Brent and West Texas Intermediate crude prices are set to increase during 2017 and 2018.According to the Energy Information Administration's Short-Term Energy Outlook, Brent and WTI crude prices will average $53 per barrel and $52 per barrel respectively in 2017....

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Terminal News
January 11, 2017
The Caspian Pipeline Consortium marine terminal shipped 4.5 million tonnes of oil in December – the highest recorded in the company's history.In total last year the facility near Novorossiysk shipped more than 44 million tonnes of oil to international markets –...

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Terminal News
January 10, 2017
FinCo will continue its supply and sales activities at Zenith Terminal Amsterdam following the signing of an agreement. FinCo announced that it will use the tank storage, blending and storage rack systems at the terminal, but it will also further expand from the facility...

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Terminal News
January 9, 2017
Crude oil prices ended 2016 above $50 per barrel, however were still below the 2015 price average.According to the Energy Information Administration (EIA), the annual average for West Texas Intermediate (WTI) crude oil price in 2016 was $43 per barrel, down $5 per barrel...

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Terminal News
January 6, 2017
A series of storage terminal assets have be acquired by Tallgrass Energy Partners as well as the operator of the Rockies Express Pipeline.The $140 million acquisition of Tallgrass Terminals and Tallgrass NatGas Operator represents Tallgrass Energy Partners' fifth dropdown...

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Terminal News
January 6, 2017
Buckeye Partners has completed the purchase of a 50% equity interest stake in VTTI.Following the announcement in October, the transaction has now been completed. The joint shareholding of Buckeye and Vitol will add greater strategic value to VTTI and will further strengthen...

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Terminal News
January 4, 2017
Varo Energy has agreed to transfer its storage terminal in Hanau to Adolf Roth in an asset deal.The facility, which opened in 1961, has a total capacity of 9,700 m3 and is used for heating oil and diesel.The transaction complements Roth's geographical positioning and...

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Terminal News
January 4, 2017
Odfjell Terminals has completed the sale of its ownership share in Oiltanking Odfjell Terminals to Marquard & Bahls Group.Odfjell had a 29.75% indirect ownership share in the Oman facility, which it sold for $130 million. Marquard & Bahls, which has acquired 21.99%...

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Terminal News
January 3, 2017
Vitol and Helios Investment Partners have agreed to acquire Shell's 20% share in Vivo Energy for $250 million (€240 million).Once the transaction is complete, Vivo will be 100% owned by Vitol and Helios. Additionally, a long-term brand licence agreement has been renewed...

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