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  • China plans to grow strategic petroleum reserve storage
    Latest News
    China plans to grow strategic petroleum reserve storage
  • Storage terminal developments help boost Russian oil output
    Latest News
    Storage terminal developments help boost Russian oil output
  • BP to sell UK storage terminals
    Latest News
    BP to sell UK storage terminals
  • Rotterdam throughput down
    Latest News
    Rotterdam throughput down



Latest News


Terminal News
July 26, 2016
Plans are in place to build 70 million m3 of storage for China's strategic petroleum reserve.Reuters reports that a state-run newspaper has said that the storage project will take place in three construction phases with a total capacity of 441 million barrels, equivalent...

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Terminal News
July 26, 2016
A series of oil and gas upstream and midstream projects promise to sustain Russia's record-breaking crude oil output.In May, the Arctic Gate marine oil terminal was commissioned and provides access for Russia's Arctic-sourced crude to both European and Asian markets.Anna...

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Terminal News
July 25, 2016
BP plans to sell part of its stake in several UK storage terminals and a pipeline system that supplies fuel to some major airports.According to Platt's the oil major also plans to outsource its UK fuel transport operation to Hoyer as part of a strategy to reduce costs on...

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Terminal News
July 25, 2016
Throughput of cargo at the Port of Rotterdam decreased by 3% as a result of lower investments in oil and gas extraction.Although the port handled a slightly lower volume of liquid bulk the volume of crude oil and oil products is still at a historical high.The port's dry...

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Terminal News
July 20, 2016
Operations have begun at Pilipinas Shell Petroleum's North Mindanao Import Facility to meet the energy needs of parts of the Philippines.The terminal in Cagayan de Oro City can accommodate petroleum imports including diesel and jet fuel with a total capacity of 170,000 m3...

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Terminal News
July 20, 2016
Record storage levels, storage capacity additions and projections about the contango and the demand and supply balance will be discussed in depth at Tank Storage Asia 2016.The two day conference at the Marina Bay Sands, Singapore in September will see a number of industry...

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Terminal News
July 20, 2016
India is seeking to grow its strategic petroleum reserve on the back of the low oil price, which has accelerated the construction and filling of the reserves.The first phase of its SPR includes three facilities in southern India with a combined capacity of 39.1 million barrels...

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Terminal News
July 20, 2016
Blueknight Energy Partners has bought nine asphalt terminals from Ergon after the company agreed to buy Blueknight GP Holding.Ergon Asphalt and Emulsions, a subsidiary of Ergon, has bought 100% membership interests of Blueknight GP Holding. Ergon has agreed to sell the nine...

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General News
July 19, 2016
The current oil price has had a negative impact on oil investments but has boosted the share of oil produced in the Middle East according to analysis from the International Energy Agency.Data highlights that investments in the oil sector drop in 2015 and further declined...

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Terminal News
July 19, 2016
TanQuid has successfully raised €150 million in new bank debt financing as part of its €275 million refinancing exercise.In addition the company also issued €125 million in privately placed notes.The company says that the refinancing provides it with the capital...

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Terminal News
July 19, 2016
Petrobangla and Excelerate Energy have signed the final agreements to construct a floating LNG terminal to supply Bangladesh's national grid.According to local media reports, the Moheshkhali Floating LNG Terminal project has been fast-tracked by the government as the facility...

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Terminal News
July 15, 2016
A new high-capacity marine terminal will be built along the Houston Ship Channel by Magellan Midstream Partners.The Pasadena refinery will handle refined petroleum products including various grades of petroleum and diesel fuel and renewable fuels. It will be constructed...

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Terminal News
July 14, 2016
The Skangas LNG import terminal has received its first shipload of LNG ahead of its completion in August.Gasum's subsidiary, Skangas LNG terminal, in Pori is due to be completed in August. LNG was brought with the time chartered Skangas Coral Energy carrier from northwest...

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Terminal News
July 14, 2016
The first LNG tanker at Dunkerque LNG's terminal jetty marks the start of the facility's operations.The Madrid Spirit delivered 130,000 m3 of LNG originating from a liquefaction plant in Boony, Nigeria.Following four-and-a-half years of construction, the last few months...

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