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  • South Africa storage terminal project progresses
    Latest News
    South Africa storage terminal project progresses
  • Fujairah: Oil product stocks up by 3%
    Latest News
    Fujairah: Oil product stocks up by 3%
  • Saudi Aramco & BAPCO commission crude oil pipeline
    Latest News
    Saudi Aramco & BAPCO commission crude oil pipeline
  • PERN to expand Gdansk Oil Terminal storage capacity
    Latest News
    PERN to expand Gdansk Oil Terminal storage capacity



Latest News


Terminal News
October 11, 2018
Transnet National Ports Authority is due to start work on the second phase of a new liquid bulk facility project in November.During an update to stakeholders, executives confirmed that phase one of the infrastructure needed to service the site of the facility, which will...

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Terminal News
October 11, 2018
As of Monday, October 8, total oil product stocks in Fujairah stood at 19.859 million barrels. Inventories were up by 3% week on week to a near three-month high, mainly on the back of a jump in middle distillate volumes. Stocks of light distillates rose by 2.1%...

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Terminal News
October 10, 2018
Saudi Aramco and the Bahrain Petroleum Company have commissioned the AB-4 crude oil pipeline.The pipeline is part of plans to meet the Kingdom of Bahrain's growing energy demand and is capable of transporting up to 350,000 barrels per day of crude oil.The 112-kilometer-long...

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Terminal News
October 9, 2018
PERN has announced plans to more than double storage capacity at its Gdansk Oil Terminal with the addition of five tanks.Launching a tender process, PERN plans to increase capacity at the facility by another 2.45 million barrels as part of its phased growth plans. The...

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Terminal News
October 9, 2018
Tender documents for the design, construction and operation of Cyprus' new LNG import terminal have been released by DEFA.The LNG terminal will include a floating storage and regasification unit with at least 125,000 m3 of storage capacity to unload LNG from LNG carriers...

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Terminal News
October 8, 2018
TransCanada will construct the Coastal GasLink pipeline project following the decision to sanction the LNG Canada natural gas liquefaction project.The project is a 670 kilometre pipeline designed to transport natural gas from the Montney gas-producing region near Dawson...

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Terminal News
October 8, 2018
Magnolia Infrastructure Holdings has delivered a non-binding offer to acquire American Midstream Partners.Magnolia, a subsidiary of ArcLight Energy Partners, has put in an offer to acquire all common units of the partnership and its affiliates for $6.10 per common unit....

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Terminal News
October 8, 2018
Saudi Aramco and Total have signed a joint development agreement for the FEED for a giant petrochemical complex in Jubail, Saudi Arabia.The world-class complex will be located next to the SATORP refinery, operated by Saudi Aramco and Total, in order to fully exploit operational...

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Terminal News
October 8, 2018
Oiltanking Antwerp Gas Terminal is expanding its gas facility in Antwerp with a new propane tank as part of its partnership with Borealis.The new 135,000 m3 propane storage tank will supply the Borealis production facility in Kallo, Belgium. Borealis, which produces polyolefins,...

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Terminal News
October 5, 2018
Noble Midstream plans to form a 50/50 joint venture with Salt Creek Midstream for a crude oil pipeline and gathering system in the Delaware Basin.The JV will be underpinned by acreage contributions from Noble and Salt Creek of 180,000 dedicated acres from Noble Energy and...

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Terminal News
October 5, 2018
Vitol is set to acquire 50% of Brazilian downstream company Rodoil.The company is a market leader in the southern part of Brazil, with a downstream network comprising 300 service stations and a distribution business supplying an additional 1,400 plus service stations through...

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Terminal News
October 4, 2018
As of Monday, October 1, total oil product stocks in Fujairah stood at 19.272 million barrels. Inventories jumped by 17% week on week to a nine-week high. Stocks of light distillates rose by 26.1% at 7.432 million barrels - a three month high. Steady demand in the...

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Terminal News
October 3, 2018
PBF Logistics has completed the acquisition of a series of storage assets from CPI Operations.The assets include a storage facility with four million barrels of multi-use storage capacity and other idled assets on the Delaware River near Paulsboro, New Jersey.The other assets...

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Terminal News
October 3, 2018
Trafigura and IEnova have entered into a joint venture agreement to develop a marine storage terminal for refined products in Manzanillo, Colima.The companies have also executed a long-term terminal services agreement for 740,000 barrels of storage capacity at the marine...

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Terminal News
October 2, 2018
Shell, Petronas, PetroChina, Mitsubishi and Kogas have approved construction of LNG Canada, an LNG export facility in northern British Columbia.From a list of 500 possible sites for a large-scale LNG export terminal, LNG Canada selected Kitimat in the traditional territory...

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Terminal News
October 2, 2018
Marathon Petroleum has acquired all of the outstanding shares of Andeavor.Now that the transaction is closed, Andeavor ceased to be publicly traded and its common stock discontinued trading on the New York Stock Exchange.Marathon Petroleum chairman and CEO Gary R. Heminger...

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Terminal News
October 2, 2018
As of Monday, September 24, total oil product stocks in Fujairah stood at 16.465 million barrels – down by 8.5% week on week.Stocks of light distillates were almost unchanged week on week at 5.892 million barrels. The Middle East continues to draw a steady flow...

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Terminal News
October 1, 2018
Stolt-Nielsen, Golar LNG and Höegh LNG have announced an investment of $182 million in Avenir LNG. The investment by the consortium will be contributed as cash and equity-in-kind and will fund the construction of six small-scale LNG carriers, a small-scale storage...

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Terminal News
October 1, 2018
USD Partners has entered into a four-year extension with Canovus Energy from 7% to 25%. The renewal contains consistent take-or-pay terms with minimum monthly payments and rates that exceed those of the original terminalling services agreement with the customer. Jim Albertson,...

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Terminal News
October 1, 2018
A build-to-operate-transfer contract has been signed for a 10-million-barrel crude oil storage facility. Iran’s Petroleum Engineering and Development Company signed the contract with a domestic firm. The project is part of the Iranian Petroleum Ministry’s strategic...

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