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  • Mobil New Zealand to build extra storage tanks
    Latest News
    Mobil New Zealand to build extra storage tanks
  • US to become undisputed global oil leader
    Latest News
    US to become undisputed global oil leader
  • New US midstream company created
    Latest News
    New US midstream company created
  • Saudi Aramco inks oil and gas megaprojects
    Latest News
    Saudi Aramco inks oil and gas megaprojects



Latest News


Terminal News
November 15, 2017
Mobil Oil New Zealand plans to build two fuel storage tanks to improve fuel supply capacity for the South Island.The tanks at its fuel terminal in Lyttelton will replace those damaged by a 2014 landslide at Mobil's Naval Point facility. They will be located adjacent...

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Terminal News
November 14, 2017
The global energy sector will be significantly reshaped over the next 20 years as the US is set to become the undisputed global oil and gas leader.The International Energy Agency's World Energy Outlook 2017 sets out four major trends that are 'profoundly reshaping' the energy...

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Terminal News
November 14, 2017
Blackline Partners and TPG Sixth Street Partners have created a new JV aimed at acquiring and developing oil and gas midstream infrastructure assets.The new company, Blackline Midstream, has acquired SEA-3, owner of New England's propane storage and distribution terminal...

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Terminal News
November 10, 2017
Saudi Aramco has agreed to a slate of oil and gas megaprojects, including new pipelines, gas plants and offshore oil fields, valued at nearly $4.5 billion.Eight agreements were signed with several oil and gas service contractors to expand gas production and localise domestic...

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Terminal News
November 9, 2017
Odfjell Terminals has recorded a lower EBITDA in its third quarter due to lower storage revenues and the effects of Hurricane Harvey.The operator delivered an EBITDA of $8.7 million in the third quarter compared to $10.3 million in the previous quarter. The reduction is...

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Terminal News
November 9, 2017
Savage Companies plans to significantly expand the capabilities of its new petroleum transload terminal in central Mexico in 2018. Operations at the new facility, run by a subsidiary of Savage, will start in January 2018, with expansion plans expected later in the year....

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Terminal News
November 9, 2017
TransMontaigne Partners will purchase the Martinez Terminal and Richmond Terminal from an affiliate of Plains All American Pipeline for $275 million.The acquisition by a subsidiary of TransMontaigne expands its storage and terminalling footprint in the San Francisco Bay...

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Terminal News
November 9, 2017
Total refined product stocks at the UAE port of Fujairah were 15.230 million barrels in the week to October 30, down 4.2% from the previous week, according to data from the Fujairah Energy Data Committee (FEDCom).Total stocks sank to a new record low for the...

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Terminal News
November 8, 2017
OPEC has revised its long-term oil demand outlook upwards by 1.7 million barrels a day as oil is set to dominate the energy mix in the future.In its 2017 World Oil Outlook OPEC says that total primary energy demand is set to increase by 35%...

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Terminal News
November 7, 2017
Channoil Consulting's Charles Daly provides an overview of some of the key factors investors look for when considering a terminal transaction The logistics of the oil industry depend, to a material extent, on the location and capacity of oil terminals. These can be sea-fed...

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Terminal News
November 6, 2017
Royal Dutch Shell has completed the sale of its Gabon onshore oil and gas interests, including pipeline and storage assets, to Assala Energy for $628 million.The transaction comprises all of Shell's onshore oil and gas operations including five operated fields, four non-operated...

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Terminal News
November 6, 2017
Vopak has experienced a decrease in its third quarter EBITDA figures as a result of lower occupancy rates.The company reports that its EBITA decreased by 9% to $571 million, in line with its previous guidance of a 5-10% lower 2017 EBITDA.However, its occupancy rate...

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Terminal News
November 3, 2017
Magellan remains focused on expansion opportunities as it reports an increase in its third quarter financials.The company reports a net income of $198.5 million compared to $194.6 million in the third quarter of 2016. During this quarter the company's operations in Houston...

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Terminal News
November 2, 2017
Ineos has completed the purchase of the Forties Pipeline System (FPS), including associated pipelines, plants and storage terminals, from BP.Thw 235-mile pipeline system linked 85 North Sea oil and gas assets to the UK mainland as well as to the Ineos site in Grangemouth,...

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Terminal News
November 2, 2017
American Midstream Partners has agreed to acquire certain assets from Southcross Holdings including pipelines and storage facilities.Additionally, American Midstream has proposed to merge Southcross Energy Partners into a wholly owned subsidiary of American Midstream Partners....

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Terminal News
November 2, 2017
CVR Refining and Plains All American Pipeline have formed a joint venture to acquire a 100-mile pipeline system.The joint venture – Midway Pipeline – acquired the Cushing to Broome pipeline system from Plains. The pipeline connected CVR Refining's Coffeyville,...

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Terminal News
November 2, 2017
Total refined product stocks at the UAE port of Fujairah stood at 15.895 million barrels in the week to October 30, down 1.1% from the previous week, according to data from the Fujairah Energy Data Committee (FEDCom).While in absolute terms the week on week change...

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