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  • Fujairah to start publishing weekly storage data
    Latest News
    Fujairah to start publishing weekly storage data
  • Vopak and Dow invest in Antwerp storage capacity
    Latest News
    Vopak and Dow invest in Antwerp storage capacity
  • UAE’s first VLCC jetty launched to boost regions hub role
    Latest News
    UAE’s first VLCC jetty launched to boost regions hub role
  • Partial pipeline shutdown results in product shortages
    Latest News
    Partial pipeline shutdown results in product shortages



Latest News


Terminal News
September 22, 2016
Fujairah will start publishing weekly inventory data as part of a transparency initiative to establish the region as a global energy trading hub.Gulf Intelligence reports that the region, which hosts the Middle East's largest commercial storage capacity for refined oil products,...

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Terminal News
September 22, 2016
Dow Sadara and Vopak Eurotank have expanded liquid chemical storage capacity in Antwerp for the Dow Sadara joint venture.A total of 20 news storage tanks with a combined capacity of 40,500 m3 to hold 11 different types of liquid chemicals have been added to the Vopak Eurotank...

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Terminal News
September 22, 2016
The UAE has boosted its role as a global oil trading hub by launching its first crude shipment jetty in the Port of Fujairah.The VLCC jetty will leverage the port's strategic position at the heart of rising energy trades along the south-south corridor. This corridor stretched...

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Terminal News
September 21, 2016
Petrol supplies to the southeast and east coast of the US have been disrupted following a partial shutdown of a pipeline system.The Colonial Pipeline shut down its Line 1 pipeline following a leak in Alabama. It is a major source of transportation fuels to the southeast...

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Terminal News
September 21, 2016
Vivo Energy Kenya has the largest diesel storage capacity in Kenya following the opening of additional tank capacity.The oil marketer has opened a 23 million litre diesel storage tank at its Mombasa terminal and a five million litre petrol storage tank.These tanks increase...

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Terminal News
September 20, 2016
The rate that global oil demand has been growing is slowing at a faster pace than initially predicted by industry experts.The IEA says in its September oil market report that it has downgraded the 2016 gains by 0.1 million barrels per day on their previous forecast to 1.3...

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Terminal News
September 20, 2016
Gasoil stocks in the ARA reached the highest level in four years in September.According to Genscape, stocks increased to a record high of 6.416 million metric tonnes (MT) the week ending September 9 after a 175,000 MT build. This marked the highest stock level since Genscape...

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Terminal News
September 19, 2016
A joint venture has been formed between Velocity Midstream Partners and a subsidiary of CVR Refining for a crude oil pipeline and storage terminal project.The project will directly link the assets to the fairway of the South Central Oklahoma Oil Province (SCOOP) to CVR Refining's...

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Terminal News
September 16, 2016
Tesoro Logistics (TLLP) has acquired the remaining port of storage and terminalling assets in Alaska owned by subsidiaries of Tesoro.TLLP acquired the refined products terminals in Anchorage and Fairbanks, Alaska, for $178 million.Greg Goff, chairman and CEO, says: 'The...

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Terminal News
September 16, 2016
Malaysia's strong strategic and logistic proposition makes it an attractive location to continue developing Asia's oil and gas hub ecosystem to rival the likes of Europe's ARA region. In an interview with Tank Storage Magazine, Danial Mah, CEO of Labuan IBFC explains how...

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Terminal News
September 14, 2016
CLH has recorded after-tax profits of €92.4 million during the first half of 2016, a 20.8% increase from its 2015 figures.EBITDA for the first six months of 2016 reached €174 million, 11.5% higher than the same period in 2015. This has been attributed to increased...

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Terminal News
September 14, 2016
The first cargo of bitumen has been delivered by Puma Energy to its terminal in Calabar, south east Nigeria.The cargo was delivered by MT Acacia Rubra, which completed the discharge to the terminal, a joint venture with Wabeco Petroleum, registered as P.E. Bitumen Resources...

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Terminal News
September 14, 2016
Pori LNG terminal, Finland's first LNG import terminal, has been officially opened.Deliveries of LNG began on the same day of the opening on September 12 and it enables LNG deliveries to industrial, maritime and heavy-duty road transport customers outside the gas pipeline...

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