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  • Enbridge secures Presidential permit for pipeline
    Latest News
    Enbridge secures Presidential permit for pipeline
  • ExxonMobil acquires storage terminal in Texas
    Latest News
    ExxonMobil acquires storage terminal in Texas
  • Odfjell to sell Singapore terminal for $300 million
    Latest News
    Odfjell to sell Singapore terminal for $300 million
  • 2018 US crude production forecast to break records
    Latest News
    2018 US crude production forecast to break records



Latest News


Terminal News
October 20, 2017
Enbridge Energy has had a Presidential permit issued for its Line 67 pipeline following a five-year review process.The permit authorises the company to increase transport up to a full design capacity of 890,000 barrels per day of crude oil and other hydrocarbons across a...

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Terminal News
October 19, 2017
ExxonMobil has bought a crude oil storage terminal in Wink, Texas from Genesis Energy.The Delaware Basin terminal is strategically positioned to handle Permian Basin crude oil and condensate for transport to Gulf Coast refineries and marine export terminals. It is interconnected...

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Terminal News
October 19, 2017
Odfjell Terminals is set to sell its 50% ownership in Oiltanking Odfjell Terminal Singapore to a fund managed by Macquarie Infrastructure and Real Assets for $300 million.The transaction will result in a net gain for Odfjell of approximately $135 million. The closing of...

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Terminal News
October 18, 2017
US crude oil production is expected to surpass the all-time high set in 1970 as the Permian region continues to increase output.According to the EIA, crude production will average 9.4 million barrels per day (b/d) in the second half of 2017, 340,000 b/d more than...

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Terminal News
October 18, 2017
Pin Oak Corpus Christi has completed the acquisition of Gravity Midstream Corpus Christi.The owners of Pin Oak Terminals, Dauphine Midstream and Mercuria Energy Group provided equity financing for the transaction.Dauphine and Mercuria also recently commissioned a new storage...

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Terminal News
October 17, 2017
A tender for the construction of part of a pipeline for the Jask Oil Terminal is due to be held shortly.An Iranian news agency reports that the MD of the National Iranian Oil Company says that tender is for part of a pipeline to transfer...

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Terminal News
October 17, 2017
Stolthaven Terminals continues to deliver steady financials as the company implements a plan to improve its sustained long-term performance.Its third quarter operating profit was $16 million, essentially unchanged from $16.1 million in the second quarter. Its utilisation...

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Terminal News
October 17, 2017
Orpic Logistics Company (OLC) has commissioned and started operations at its oil storage facility in Al Jefnain, near Muscat.The facility comprises a new oil product storage and distribution centre with a capacity of over 170,000 m3 as well as 16 loading racks. It was commissioned...

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Terminal News
October 17, 2017
USD Partners has started operations at its crude oil terminal in Stroud, Oklahoma.The planned work required to allow the terminal to handle heavier grades of crude oil was completed one time and under the initial planned budget.The Stroud terminal provides a destination...

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Terminal News
October 12, 2017
Colonial Terminal Logistics is offers marine export capabilities to Colonial Pipeline shippers through Enterprise Products Partners' Beaumont terminal.This will allow Colonial Pipeline shippers to move product from 13 Gulf Coast refineries to the Beaumont Terminal for loading...

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Terminal News
October 12, 2017
Targa Resources has entered into a joint venture with Blackstone Energy Partners in the Grand Prix Pipeline and has signed a letter of intent to own a stake in the Gulf Coast Express Pipeline.The company has executed agreements to sell a 25% JV interest in...

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Terminal News
October 12, 2017
Glencore plans to acquire shares in Chevron South Africa and Chevron Botswana to expand its oil business.The company has entered an agreement with Off The Shelf Investments Fifty Six Proprietary (OTS) to acquire a 75% OTS has in Chevron SA and certain related interests and...

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Terminal News
October 12, 2017
Fujairah's commercial stocks of refined oil products fell to a new low of 16.014 million barrels in the week to Monday, October 9, down 3% due to continued draws on heavy distillates and residues, according to S&P Global Platts Analytics.Stocks of heavy distillates and...

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Terminal News
October 11, 2017
Contanda Terminals has acquired 339 acres of land within the Port of Houston to further develop its storage terminal capability.The multi-year commercial agreement covers a piece of prime, deep-water access property located on the Houston Ship Channel.This acquisition enables...

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Terminal News
October 10, 2017
Fujairah's commercial stocks of refined oil products totaled 16.512 million barrels in the week to Monday, October 2 down 14.4% week on week, the lowest level since stock records for the UAE port began being published in January. Light distillate stocks, mainly petrol and...

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Terminal News
October 6, 2017
TransCanada has decided not to proceed with its proposed Energy East Pipeline and Eastern Mainline projects.This follows a 30-day suspension by the company to allow it time to review changes announced by the National Energy Board regarding the list of issues and environmental...

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