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  • Tokyo Gas & First Gen sign agreement for LNG storage terminal
    Latest News
    Tokyo Gas & First Gen sign agreement for LNG storage terminal
  • Inter Terminals completes NuStar storage terminals acquisition
    Latest News
    Inter Terminals completes NuStar storage terminals acquisition
  • Fujairah: Oil product stocks up 6.7%
    Latest News
    Fujairah: Oil product stocks up 6.7%
  • Vitol and Petronas announce LNG supply deal
    Latest News
    Vitol and Petronas announce LNG supply deal



Latest News


Terminal News
December 6, 2018
Tokyo Gas Company and First Gen Corporation have signed a joint development agreement for the construction and operation of an LNG terminal in the Philippines.The agreement concerns the construction and operation of the first LNG receiving terminal in the Philippines jointly...

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Terminal News
December 6, 2018
Inter Terminals has successfully closed the acquisition of NuStar Energy's European bulk liquid storage business for $270 million.The acquisition increases Inter Terminals' storage capacity by 33% to 37 million barrels. Historically, NuStar Europe has generated stable cash...

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Terminal News
December 6, 2018
As of Monday, December 3 total oil product stocks in Fujairah stood at 18.322 million barrels – up by 6.7% week on week. Stocks of light distillates jumped by 14.2% week on week to 10.003 million barrels. Gasoline markets remain bearish globally, with benchmark cracks...

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Terminal News
December 5, 2018
Petronas, through its subsidiary, Petronas LNG Ltd (PLL) and Vitol Asia Pte (Vitol) have announced the signing of binding Heads of Agreement (HOA) for long-term liquefied natural gas (LNG) sale and purchase (SPA) agreement.  Under the terms of the agreement signed...

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Terminal News
December 4, 2018
Calgary-based petroleum transportation, storage and natural gas liquids processing business, Inter Pipeline has announced a $1.46 billion capital expenditure programme for 2019. 92% of the total capital expenditures will be for organic growth initiatives invested in sustaining...

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Terminal News
November 29, 2018
Par Pacific Holdings will acquire US Oil & Refining including refining and logistics assets for $358 million.The acquisition includes a 42,000 barrel per day refinery, a marine terminal, a unit train-capable rail loading terminal and 2.9 million barrels of refined product...

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Terminal News
November 29, 2018
Gasunie's hydrogen pipeline between Dow and Yara has been brought into operation.The pipeline from Terneuzen and Sluiskil represents the first time that an existing main gas transported pipeline has been modified for hydrogen transport.Hydrogen for industrial use will be...

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Terminal News
November 27, 2018
Tallgrass Energy has acquired more than 600 acres of land along the Mississippi River for $30 million that will be the site for its planned Plaquemines Liquids Terminal.Once complete the terminal is expected to offer up to 20 million barrels of storage for both crude...

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Terminal News
November 27, 2018
Vopak will acquire in total 44% of Elengy Terminal Pakistan from International Finance Corporation and Engro Corporation.This includes the acquisition of a 29% share announced earlier in July.Elengy Terminal Pakistan's wholly owned subsidiary, Engro Elengy Terminal owns...

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Terminal News
November 27, 2018
The Port of Corpus Christ has been given an additional $59 million in funding for its ship channel improvement project by the US Army Corps of Engineers.This funding from organisation's fiscal year 2019 work plan, brings the total federal appropriations for the project to...

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Terminal News
November 26, 2018
Total plans to acquire Grupo Zema's fuel distribution company Zema Petróleo and its retailer arm Zema Diesel as well as its importation company Zema Importacao.Zema Petróleo manages several oil products and ethanol storage facilities as well as 280 dealer-operated...

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Terminal News
November 26, 2018
Odfell Terminals has been converted to a 100% Odfjell SE controlled holding company as part of a company restructure that strengthens the company's role in its terminal division.This follows Lindsay Goldberg's departure as a joint venture partner for Odfjell Terminals. The...

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Terminal News
November 26, 2018
Puma Energy has reported a decline in year-on-year EBITDA and gross profit as a result of challenging market conditions.The company recorded its gross profit as $341 million, impacted by lower unit margins across most markets, given the devaluation of foreign currencies...

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Terminal News
November 23, 2018
HES Botlek Tank Terminal is preparing to expand storage at the facility with an addition 20,000 m3 of capacity. The six tanks for biofuels are backed by multi-year customer contracts. Additionally, the facility has completed the second phase of its expansion project, which...

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Terminal News
November 22, 2018
Global Petro Storage and Equinor have signed an agreement to develop South East Asia’s first independent LPG storage terminal in Port Klang, Malaysia. The facility will be the first independent, refrigerated LPG terminal in Malaysia, and will provide storage services...

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Terminal News
November 21, 2018
Tristar Group has acquired a 300,000-barrel crude oil terminal located within the Louisiana Offshore Oil Port.The Canal Crude Oil Terminal has 18 tanks on a 50-acre site with a loading capability of 3,000 to 4,000 barrels per hour.LOOP, a deep-water port in the Gulf...

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Terminal News
November 21, 2018
WorleyParsons has entered into a joint venture with BP Oil New Zealand for a 50% shareholding in New Zealand Oil Services.Under the JV, New Zealand Oil Services has been awarded a terminal services agreement for the operation of BP's seven bulk fuel storage, handling and...

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Terminal News
November 20, 2018
Dialog Group is considering further investments in petrochemical plants within the Pengerang Integrated Complex.The group is exploring opportunities to further develop its investment in the Pengerang Deepwater Terminal its director of corporate services Chew Eng Kar told...

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Terminal News
November 20, 2018
Green Plains has completed the sale of three ethanol plants to Valero Renewable Fuels Company for $319 million.The sale includes ethanol plants in Bluffton, Indiana, Lakota, Iowa and Riga in Michigan, which represented 20% of the company's reported ethanol production capacity.In...

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