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  • Magellan to expand Texas pipeline system
    Latest News
    Magellan to expand Texas pipeline system
  • First crude oil shipment arrives for Mangalore storage facility
    Latest News
    First crude oil shipment arrives for Mangalore storage facility
  • Wärtsilä given go ahead for new Finnish LNG terminal
    Latest News
    Wärtsilä given go ahead for new Finnish LNG terminal
  • Fujairah: Oil products stocks up 11.1% on high crude price
    Latest News
    Fujairah: Oil products stocks up 11.1% on high crude price



Latest News


Terminal News
May 24, 2018
Magellan Midstream Partners will expand the western leg of its refined petroleum products pipeline system in Texas.Following a successful open season, the expanded system will be able to handle incremental shipments of petrol and diesel fuel to demand centres in Abilene,...

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Terminal News
May 24, 2018
ADNOC and the Indian Strategic Petroleum Reserves conducted a special ceremony to mark the first ADNOC crude oil shipment to the Karnataka storage facility.The cargo arrived following a six-day voyage. The agreement, which was initiated in January 2017, covers the storage...

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Terminal News
May 24, 2018
Wärtsilä has been given the go ahead for a new LNG storage terminal at the Finnish Port of Hamina after its turnkey contract reached a financial closed.Debt financing for the project has been concluded with Skandinaviska Enskilda Banken and Finnvera, with the total...

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Terminal News
May 24, 2018
Oil product stocks in the Middle East's key oil hub of Fujairah rose 11.1% in the week to Monday (May 21), with inventory levels up across all reported categories. Total oil product stocks in Fujairah were 19.379 million barrels, up 1.93 million barrels from a week...

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Terminal News
May 18, 2018
Total has signed a MoU with the government of Oman to develop natural gas resources in Oman.Total and Shall as operator, will develop several natural gas discoveries located in the Greater Barik area on onshore Block 6 with respective shares of 25% and 75% respectively....

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Terminal News
May 18, 2018
Ardian has raised more than $800 million for its first infrastructure fund dedicated to the US and other OECD American countries.The fundraising attracted a substantial number of North American institutional investors within a diversified global mix that included commitments...

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Terminal News
May 17, 2018
Oil product stocks in the Middle East's key oil hub of Fujairah fell 4.4% to a nine-week low in the week to May 14 after rising summer demand for power generation saw a sharp draw in heavy distillate stocks. Total oil product stocks in Fujairah fell 802,000...

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Terminal News
May 16, 2018
Keyera plans to develop a crude oil storage and blending terminal in Cushing, Oklahoma.The Wildhorse Terminal will include 12 aboveground tanks with 4.5 million barrels of working storage capacity. The majority of this is backed by fee-for-service, take-or-pay storage arrangements...

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Terminal News
May 15, 2018
Valero Energy Corporation has acquired Pure Biofuels del Peru (PBF) from Pegasus Capital Advisors.PBF is the third largest fuels importer in Peru and comprises refined products terminals in Callao, near Lima and in Paita, near Piura in northern Peru.The Callao terminal has...

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Terminal News
May 15, 2018
Qatar Petroleum has announced plans to build a world-scale petrochemical complex, with the largest ethane cracker in the Middle East.The company has invited a group of leading international companies to submit proposals for the development and operation of a new complex...

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Terminal News
May 15, 2018
A new strategic oil storage facility will be built in Mangalore following a long-term agreement between India and Dubai.At a press conference, union petroleum and natural gas minister Dharmendra Pradhan said that the facility will ensure long-term partnership for strategic...

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Terminal News
May 15, 2018
Kingfisher Midstream, Blueknight Energy Partners and Ergon have signed agreements to develop a new pipeline system in Oklahoma.Cimarron Express Pipeline will be a new crude oil pipeline serving STACK producers in central Oklahoma. The 65-mile, 16-inch pipeline will extend...

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Terminal News
May 15, 2018
John Roper, managing director & head of Middle East for Uniper Global Commodities examines how low suplhur fuel oil and LNG are emerging as preferred fuel options in the build up to the IMO's 2020 deadline & what Fujairah - the second largest bunkering hub -...

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Terminal News
May 15, 2018
LBC Tank Terminals has celebrated another milestone in its Rotterdam expansion project after the first vessel berthed at its new jetty.The company is currently expanding its LBC Rotterdam facility in the Botlek to triple the current capacity and improve jetty and land infrastructure.The...

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Terminal News
May 14, 2018
Esso Italiana has signed an agreement to sell a refinery, three fuel terminals and associated pipelines to Sonatrach.The agreement comprises the Augusta refinery, three terminals in Augusta, Palermo and Naples to the Algerian state oil company.Esso Italiana and ExxonMobil...

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Terminal News
May 14, 2018
Shell Midstream Partners is taking part in its largest acquisition to date following a purchase and sale agreement to acquire Shell's ownership interest in Amberjack Pipeline Company.The interest comprises 75% of Amberjack Series A and 50% of Amberjack Series B for $1.22...

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Terminal News
May 11, 2018
Vopak Terquimsa has started work on the second phase of its expansion project at its storage terminal in Tarragona.The expansion will add 27,500 m3 of storage capacity for chemical products at the dock of the Chemistry (Muelle de la Quimica), reinforcing the terminals leading...

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