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  • Odfjell completes sale of Rotterdam terminal to Koole
    Latest News
    Odfjell completes sale of Rotterdam terminal to Koole
  • Fujairah: Oil product stocks down 4.8%
    Latest News
    Fujairah: Oil product stocks down 4.8%
  • BPGIC starts expansion of Fujairah storage terminal
    Latest News
    BPGIC starts expansion of Fujairah storage terminal
  • Cheniere Energy & Vitol sign LNG agreement
    Latest News
    Cheniere Energy & Vitol sign LNG agreement



Latest News


Terminal News
September 21, 2018
Koole Terminals has now become 100% owner of Odfjell Terminals Rotterdam.The facility, located in the heart of the Port of Rotterdam, will be rebranded to Koole Tankstorage Botlek (KTB). It stores both chemical and mineral oil products and operates a PID facility.The sale...

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Terminal News
September 20, 2018
As of Monday, September 17, total oil product stocks in Fujairah stood at 17.998 million barrels – down by 4.8% week on week. Stocks of light distillates fell by 11.7% week on week to 5.891 million barrels. Sentiment in the East of Suez petrol market remains firm...

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Terminal News
September 19, 2018
Brooge Petroleum and Gas Investment Company (BPGIC) has started work on the second phase of its Fujairah terminal with an extra 601,600 m3 of storage capacity.Local media reports that at a ribbon cutting ceremony to mark the phase II expansion, OPEC secretary-general Mohammed...

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Terminal News
September 19, 2018
Vitol and Cheniere Energy have entered into an LNG sales & purchase agreement for 15 years.Under the terms of the agreement, Vitol will buy 0.7 million tonnes per annum of LNG from Cheniere Marketing on a free on board basis beginning in 2018.The purchase...

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Terminal News
September 18, 2018
CVR Refining plans to sell its Cushing, Oklahoma crude oil tank terminal and is considering bids from potential purchasers.The 1.5 million-barrel crude oil storage facility sits on a 130-acre parcel of land and includes six storage tanks, each with the capacity to hold 250,000...

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Terminal News
September 17, 2018
Targa Resources has executed agreements to sell its refined products and crude oil storage and terminalling facilities to an affiliate of ArcLight Capital Partners for $160 million.The sale of the facilities in Washington and Maryland is expected to close in the fourth quarter...

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Terminal News
September 14, 2018
Ineos Oxide has announced plans to invest €200 million into its European business, with €150 million for its Zwijndrecht site in Antwerp.Projects include growing ethylene oxide storage and distribution, debottleneck its plants and increase the production of ethylene...

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Terminal News
September 13, 2018
Oneok will invest $295 million to expand its West Texas LPG pipeline system.The system provides natural gas liquids takeaway capacity for Permian Basin producers. The expansion is supported by long-term dedicated NGL production from six third-party natural gas processing...

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Terminal News
September 13, 2018
The US has surpassed Russia and Saudi Arabia to become the world's largest crude oil producer earlier in 2018.Based on preliminary estimates in the Energy Information Administration's Short-Term Energy Outlook, in February, US crude oil production exceeded that of Saudi...

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Terminal News
September 13, 2018
MOL Chemical Tankers and SEA-Invest are investing up to €400 million to build a chemical storage terminal in the Port of Antwerp.The joint venture SEA-MOL, with 51% by SEA-Tank and 49% by MOL Chemical Tankers will secure 20.8 hectares of concession terrain located at...

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Terminal News
September 12, 2018
Sean Evers, managing partner, Gulf Intelligence explains how many questions surrounding IMO 2020 remain unanswered, resulting in a lack of clarity on how the market should respond The real elephant in the room is how will the world handle the new IMO 2020 sulphur regulation?...

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Terminal News
September 12, 2018
BP has signed a long-term contract with Sempra Energy subsidiary IEnova for the remaining 50% of the initial capacity of the Baja Refinados liquid fuels marine terminal in Mexico.Under the agreement, BP will have storage capacity of 500,000 barrels of liquid fuels at the...

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Terminal News
September 12, 2018
Hurricane Florence is likely to disrupt national gas production, delay pipeline construction and reduce refined product supply to the Northeast.The category 4 hurricane, which is expected to make landfall late Thursday (September 13), will bring strong winds, heavy rains...

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Terminal News
September 11, 2018
Enterprise Products Partners is increasing loading capacity for LPG products at its hydrocarbon terminal on the Houston Ship Channel.Construction work is underway to increase loading capacity for primarily propane and butane by 175,000 barrels per day, or five million barrels...

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Terminal News
September 11, 2018
ExxonMobil has signed a cooperation framework agreement with the Guangdong Provincial People's Government to evaluate the construction of a chemical complex in China.The proposed complex in the Huizhou Dayawan Petrochemical Industrial Park would help meet expected demand...

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Terminal News
September 11, 2018
Sharul Rashid, principle engineer, instrument and control at Petronas explains how he implemented a structured approach to process safety within the company The lack of a structured approach to process safety can have potentially catastrophic consequences. You only need...

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Terminal News
September 7, 2018
RWE and German LNG Terminal have reached an agreement for a substantial amount of capacity at the Brunsbüttel terminal.This follows a successful open season for the LNG import and small-scale terminal, which will have a total capacity of five billion m3. RWE, one of...

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Terminal News
September 6, 2018
Oil products stocks in Fujairah rose 8.2% week on week, rebounding from a five-month low as inventories of light, middle and heavy distillates all increased. Total oil stocks stood at 17.484 million barrels in the week ending Monday, September 2, up 1.328 million barrels...

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Terminal News
September 5, 2018
EagleClaw Midstream will acquire Caprock Midstream Holdings for $950 million, which includes pipeline and storage assets.Caprock provides gathering, processing and disposal services for natural gas, crude oil and produced water to producers in the Delaware Basin. It operates...

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