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  • Saudi Aramco and SABIC launch study for crude oil and chemicals complex
    Latest News
    Saudi Aramco and SABIC launch study for crude oil and chemicals complex
  • Enterprise announces NGL pipeline project
    Latest News
    Enterprise announces NGL pipeline project
  • Investment group acquires stake in pipeline project
    Latest News
    Investment group acquires stake in pipeline project
  • Europe’s ARA hits crude oil inventories high
    Latest News
    Europe’s ARA hits crude oil inventories high



Latest News


Terminal News
June 30, 2016
A feasibility study on the development of a crude oil-to-chemicals complex in Saudi Arabia has been agreed between Saudi Aramco and Saudi Arabian Basic Industries Corporation.The crude oil-to-chemicals process will involve innovative configurations with proven conversion...

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Terminal News
June 30, 2016
Enterprise Products Partners plans to build a new cryogenic natural gas processing facility and associated natural gas and natural gas pipeline infrastructure.The new project will facilitate the continued growth of NGL-rich natural gas production in the Delaware Basin of...

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Terminal News
June 29, 2016
Riverstone investment Group has become a 50% partner in Kinder Morgan's Utopia Pipeline Project.The pipeline will connect growing ethane supply sources in Ohio to the expanding petrochemical market in Sarnia. In addition to the acquisition of the existing assets, Riverstone...

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Terminal News
June 28, 2016
Crude oil inventories in the ARA region hit a record high of 65.63 million barrels the week ending June 17.Total ARA crude inventories increased more than three million barrels for the past two weeks, riding by 6.595 million barrels since June 3. According to Genscape, which...

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Terminal News
June 27, 2016
A joint venture to build and operate an intermodal export and import fuels terminal has been established between Green Plains and Jefferson Gulf Coast Energy Partners.The JV plans to invest around $55 million (€49.9 million) in its first phase of the development, which...

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Terminal News
June 27, 2016
Benalec Holdings has been granted permission to reclaim more than 2,000 acres of land, allowing for the construction of all three phases of the Tanjung Piai Integrated Petroleum and Petrochemical hub.The hub and maritime industrial park also comprises oil storage terminals...

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Terminal News
June 27, 2016
Crude oil storage capacity utilisation in the US has hit a near record high despite the country undergoing the largest capacity expansion in five years.According to the EIA, weekly US commercial crude inventories have increased by more than 71 million barrels since the end...

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Technical News
June 27, 2016
Pin Oak Holdings has embarked on an engineering, procurement and construction contract to build more than two million barrels of tank storage capacity.The contract with Smith Tank & Sons has an option for more capacity to be operational by mid-2017.Pin Oak is constructing...

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Terminal News
June 20, 2016
An oil terminal with a capacity of 30 million barrels will be constructed in Iran following a joint agreement between companies in Iran and China.Iran's Machine Making Company signed the $550 million (€485 million) contract with China's largest heavy industry enterprise...

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Terminal News
June 16, 2016
Yilport Holdings has acquired 100% shares in Solventas Technical Storage Company, Turkey's largest liquid terminal.Yilport Gebze Port and Solventas terminal will now be consolidated into the largest and most advanced liquid terminal, operational in Dilovasi District in the...

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Terminal News
June 16, 2016
CNOOC has been given approvals to expand its tank storage capacity at Shanghai LNG terminal to 895,000 m3.The Shanghai Development and Reform Commission and the Zhejiang Development and Reform Commission jointly approved the plans to increase capacity from the current 495,000...

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Terminal News
June 15, 2016
Green Plains and Jefferson Gulf Coast Energy Partners plan to construct and operate an intermodal export and import fuels terminal in Beaumont, Texas.The joint venture is expected to invest around $55 million in its phase I development at Jefferson's existing Beaumont terminal,...

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Terminal News
June 15, 2016
Unplanned global oil supply disruptions hit their highest monthly level in five years in May 2016.According to data from the EIA, from April to May, disruptions grew by 800 million barrels per day as increased outages, predominately in Canada as a result of the raging wildfires...

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