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  • China and India dominating demand for new storage
    Latest News
    China and India dominating demand for new storage
  • Odjfell’s competitiveness generates strengthened results
    Latest News
    Odjfell’s competitiveness generates strengthened results
  • Asian countries remain top LNG importers
    Latest News
    Asian countries remain top LNG importers
  • API report confirms pipeline safety
    Latest News
    API report confirms pipeline safety



Latest News


Terminal News
August 25, 2016
Containing one of the world’s largest storage hubs as well as two countries that dominate global energy demand, Asia provides storage operators and investors with a solid platform for growth. The region has a population and market growth which demands more energy,...

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Terminal News
August 25, 2016
Odfjell has reported a significant increase in its 2016 half year EBITDA compared to the same period last year.It 2016 first half EBITDA is $129 million, compared to $88 million in the same period last year.Its terminals segment delivered stable results stable results, with...

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Terminal News
August 24, 2016
Emerging Asian LNG markets have the potential to increase their LNG imports to ensure the region remains the top LNG importer.Japan, South Korea and China are the three largest importers of LNG in the world, and they accounted for more than half of the global LNG imports...

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Terminal News
August 24, 2016
Pipelines continue to be one of the safest ways to transport energy across the US according to API AND the Association OF Oil Pipe Lines.The joint report states that despite a 13% increase over the last five years in miles of pipeline delivering crude oil, petroleum products...

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Terminal News
August 24, 2016
Valero Energy Partners has acquired the Meraux and Three Rivers Terminal Services Business from a subsidiary of Valero Energy Corporation for $325 million (€288 million).The acquisition comprises terminals that support Valero's Meraux and Three Rivers refineries. The...

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Terminal News
August 23, 2016
Construction work has started on a $20 million expansion of its Waupun fuel terminal in Wisconsin.The project at Flint Hills Resources will help meet demand for transportation fuels in central and northeastern parts of the state.In addition, the company is also nearing completion...

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Terminal News
August 22, 2016
Militant attacks on oil and natural gas infrastructure in Nigeria have resulted in the highest level of oil production disruptions since January 2009.According to the EIA, disruptions in the west African region reached 75,000 barrels per day in May 2016. The disruptions...

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Terminal News
August 22, 2016
A large fire at Puma Energy's facility in Puerto Sandino in Nicaragua has been brought under control.The blaze started on August 17 when one of four large fuel storage tanks exploded and a day later as second tank went up in flames.No casualties have been reported and no...

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Terminal News
August 22, 2016
Vopak's positive business developments and increase on its EBITDA provide a healthy outlook for its full year performance.The storage operator reported that its EBITDA increased by 3% to €421 million, which was resulting from higher occupancy rates. EBIT increased by...

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Terminal News
August 18, 2016
China is becoming an increasingly attractive region for tank storage following the liberalisation of the country's teapot refineries, according to head of ICIS China's research team Li Li The oil price crash in 2014 and unleashing of the hidden force from the teapot refineries...

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Terminal News
August 17, 2016
Inter Pipeline will acquire shares in The Williams Companies and Williams Partners Canadian NGL midstream business for $1.35 billion.Williams Canada pioneered the process of extracting NGL and olefin from offgas, a by-product of bitumen upgrading operations. The assets include...

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General News
August 17, 2016
The latest regional and local developments and trends affecting the German bulk liquid storage sector will be discussed in detail at the 2016 Tank Storage Germany conference.Industry forecasts will be provided by four experts from companies including McKinsey & Company,...

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Terminal News
August 17, 2016
Arc Logistics Partners' storage capacity and throughput rates were up in their second quarter financial results.The company reports that its sec9ond quarter 2016 revenues, net income and adjusted EBITDA was $26.2 million, $6.3 million and $14.5 million respectively, which...

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