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March 30 - April 01
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March 15 - 17
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9 March 2010 Ukraine gets tank approval
A sea terminal in Ukraine is looking to expand. National oil pipeline operator JSC Ukrtrasnafta operates the Pivdenny oil terminal located near to Odessa.

The terminal has 10 20,000m3...
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8 March 2010 India: demands for strategic storage space
India’s first strategic crude oil storage facility is attracting demand from state-run Hindustan Petroleum (HPCL).

HPCL is seeking 2.20 million barrels of crude oil storage space....
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8 March 2010 Tianjin Northern Petroleum plans petroleum base
China's Tianjin Northern Petroleum plans a petroleum storage base amounting to 650,000m3 in the Tianjin Nangang Industrial Zone.

Construction on the base will start within the...
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8 March 2010 Hainan strategic oil tanks get green light
China's central government has issued preliminary approval for the construction of storage tanks in Hainan province to be used to hold national strategic oil reserves.

The 5...
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5 March 2010 Oiltanking signs Egypt deal
Germany-based fuel storage operator Oiltanking is part of a consortium, which signed a billion-pound deal in Egypt.

The deal on the liquid bulk terminal in East Port Said seaport is...
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4 March 2010 BP extends Shetland terminal commitment
UK energy major BP has re-affirmed its commitment to the west of Shetland oil province.

The Clair Ridge development (phase two of the Clair oil field) and the project to secure the...
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4 March 2010 Gibraltar storage no longer afloat?
Situated at the entrance of the Mediterranean Sea, Gibraltar has long been a key military fuel storage site.

Now Gibraltar's chief minister says the use of floating storage for...
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4 March 2010 Armenia and Iran agree on new terminal
Iran and Armenia have agreed to build a 350km oil pipeline and terminal on the border to increase exports of oil products.

Iran’s deputy oil minister Noureddin Shahnazizadeh says...
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4 March 2010 Mercuria Energy renames terminal assets
It already did some name-changing in December and now independent energy trading company Mercuria's wholly-owned terminal and processing assets will be renamed under a common Vesta brand. Read More >>

2 March 2010 Noord Natie Terminals Antwerp build a success
All 13 new, fully automated stainless steel tanks are operational since January 2010.

At this moment Noord Natie Terminals (NNT) has a total storage capacity of 253,000 m3, which means...
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2 March 2010 Vitol to open Florida terminal in March
The Netherlands-based oil trader Vitol will open its new $126 million (€93.2 million) terminal on Florida's east coast in March.

The terminal has 24 tanks for petrol, ULSD, jet...
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2 March 2010 Ensus ethanol shipped from Vopak terminal
Europe’s largest wheat to ethanol refinery has shipped its first renewable fuel product.

Tanker Clipper Nelly left independent terminal operator Vopak’s North Tees, UK, terminal...
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2 March 2010 Spring-time Scottish fuel storage regulations
The Water Environment (Oil Storage) (Scotland) Regulations 2006 will come into full effect on 1 April 2010.

The new regulations establish minimum standards for the storage of oil at...
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2 March 2010 Liverpool bulk liquid on the move
The first phase of a plan to move storage tanks over the River Mersey in Liverpool, UK, has been completed.

Liverpool Bulk Liquids, which acquired storage tanks on the former Mobil...
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1 March 2010 River Po oil spill under scrutiny
In Italy almost half a million litres of fuel fouled the country’s longest river, the Po, on 25 February after pouring into a tributary from storage tanks in what could have been a deliberate act...
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1 March 2010 Malaysia the oil money-maker
It has caught the eye of global fuel traders and now Malaysia’s southern-most state of Johor will attract 50 billion ringgit (€10.9 billion) of foreign investments in the oil and gas industry by...
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1 March 2010 US refiners brood on Bahama tank impact
On the Island of Grand Bahama an oil storage terminal is expanding capacity to handle millions of barrels of fuel shipments that could hit the US market at a time when fuel demand falls.
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25 February 2010 PKN Orlen to speak at Bioenergy International expo & conference
Major European oil refiner PKN Orlen will be presenting on the execution of targets for biofuels at the upcoming Bioenergy International expo & conference in Prague on 5-6 May.
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24 February 2010 Red Sea oil terminal to be modernised
In Jordan Aqaba Bulk Chemicals will modernise its oil terminal at the port of Aqaba on the Red Sea beginning in January next year.

Romanian company Syscom 18, a turnkey supplier for...
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24 February 2010 Trafigura trio tops up Malaysia terminal
A trio of oil-related companies is planning to grow its storage terminal interest in Malaysia by quarter of a million m3.

Energy and commodities trader Trafigura Beheer,...
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24 February 2010 Oiltanking sees new terminal growth
Germany-headquartered Oiltanking has signed an agreement in Peru and could raise drawing board capacity in South Korea.

Oiltanking Andina Services, a joint venture between Oiltanking...
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23 February 2010 Johor oil storage terminal to expand
While oil storage is highly sought after in Singapore, the newly opened Johor storage terminal is going to expand, in an attempt to catch more business from Singapore-based oil traders.
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23 February 2010 Cause of ConocoPhillips fire revealed
A fire, which broke out at the ConocoPhillips refinery on Christmas Eve, has been identified as a heater inside the tank, which set fire to the oil vapours.

It was found that the...
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18 February 2010 Terminal set on Koole expansion
The Netherlands-based storage terminal operator Koole is expanding its facility in Rotterdam by 80,000 m3.

The company will add to its existing 560,000 m3 terminal with a mix of mild...
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18 February 2010 PetroPlex opens storage contracts
US-based storage player PetroPlex International has opened storage contracts at its 10 million barrel storage complex on the Lower Mississippi River in south Louisiana.

The PetroPlex...
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16 February 2010 Vanino terminal project gets approval
Russia’s federal service for ecological, technological and nuclear supervision (Rostekhbadzor) has approved the decision of state ecological appraisal for building and upgrading federal fuel...
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16 February 2010 Russian oil build hurts Estonia
Russia’s renovation of rail-roads and crude oil receiving and distributing ports could leave Estonian operations stranded.

Russian oil frequented the port of Tallinn on...
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16 February 2010 Oiltanking eyes Egypt terminal
Germany-based storage player Oiltanking will set up a new bulk liquid terminal in the land of pharaohs in partnership with local firm Sonker Bunkering Company.

The proposed terminal is...
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15 February 2010 Total to give keynote presentation at Bioenergy International expo & conference 2010
Marc Gillmann, head of biofuels at Total, will give the keynote presentation at the upcoming Bioenergy International expo & conference in Prague on 5-6 May.

Total is participating...
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15 February 2010 Plains All American Pipeline terminal hits the rails
Construction has begun on Plains All American Pipeline and U.S. Development Group’s crude oil and condensate unit train handling and distribution hub in Louisiana, US.

The St. James...
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11 February 2010 Aurora terminal set for 2011
A Switzerland-backed oil products terminal in Fujairah, United Arab Emirates, will come on line early next year.

Commodity trading house Aurora Progress will own and operate the...
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11 February 2010 Russian Rosbunker fuel exports banned
Confusion over port boundaries has had an impact on the export of fuel in one Russian region.

Fuel oil exports from the Rosbunker terminal in Baltysk in Russia's Kaliningrad...
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11 February 2010 Decal develops Panama storage
Italian storage terminal operator Decal’s Panama unit is doubling storage and barge loading capacity at its Taboguilla Island bunkering terminal.

The terminal, which currently has...
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11 February 2010 Vopak could escape Estonia jail plan
One of the world’s largest independent oil storage operators could end operations in Estonia following a new government plan.

Vopak E.O.S has threatened to leave if the...
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10 February 2010 Orkney oil terminal to axe jobs
The jobs of contract workers at an oil terminal on an archipelago in northern Scotland, UK, are up for the chop.

The Talisman Energy oil terminal at Flotta on Orkney will see up to 20...
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10 February 2010 LA terminal looking for a lease
The green light has been shining for a year but Plains All American Pipeline’s new marine oil terminal is still sitting in the dark.

The terminal at Pier 400, in the Port of Los...
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10 February 2010 India to build emergency storage terminal
To eliminate the risk of price fluctuations and poor fuel supplies India will build its first emergency crude oil storage terminal.

The Visakhapatnam terminal, which will be complete...
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9 February 2010 China kicks up commercial storage
Storage capacity for oil and petrochemical products is to receive a boost when China National Petroleum Corp (CNPC) starts building a 6.2 million-barrel crude oil tank farm in March in the northern...
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9 February 2010 Arc Terminals acquires Baltimore Terminal interest
In the US, independent bulk liquid terminal operator Arc Terminals has completed the acquisition of a 50% ownership interest in a refined petroleum product terminal located in Baltimore, Maryland...
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9 February 2010 Odfjell breaks $100 million terminal earnings
Norway-based bulk liquid transportation and storage company Odfjell’s tank terminal division has seen an increase of $14 million (€10.2 million) earnings before interest, taxes, depreciation, and...
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9 February 2010 Magellan Midstream storage on the up
Oklahoma-headquartered Magellan Midstream Partners has seen record operating profit for Q4 2009 from product gains on its pipeline system and higher marine storage revenues due to expansion projects...
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9 February 2010 Exxon petrol leak contained
Quick-thinking has rescued the environment from a petrol leak in Victoria, Australia.

A leak sprung from a 13 million litre petrol tank at the Altona oil refinery, operated by US...
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8 February 2010 NuStar offloads ethanol
In the US, San Antonio-based terminal operator NuStar Energy has begun to receive and offload ethanol unit trains in Stockton and Selby, two of its locations in northern California.
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8 February 2010 Rubis rakes in Q4 terminal profit
France-based Rubis Terminals experienced a 6% growth in its primary activity, petroleum product storage, in Q4 2009.

In France, all segments showed increases, primarily petroleum,...
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8 February 2010 Polish LNG terminal pulls in the bids
A planned 5 billion m3 liquefied natural gas (LNG) terminal at the port of Swinoujscie in Poland has attracted interest from international engineering and construction groups.

Polskie...
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8 February 2010 Indonesian fuel terminal to come online
With a total storage capacity of 250,000 kilo litres of fuel, PT Aneka Kimia Raya Corporindo (AKR)’s terminal is expected to be the largest privately-operated facility in Indonesia.
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8 February 2010 Shell to cut 1,000 jobs
The Netherlands-based energy major Shell will shed 1,000 more jobs this year in a bid to reduce its massive costs.

‘Much of this will come from downstream and ongoing cost...
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8 February 2010 China sees oil imports climb
Its economy grew by 10% in Q4 2009 alone, and now crude oil imports in the most populous nation on earth in 2009 reached a record high of 4.1 million barrels a day.

Overall oil...
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Latest Issue
Latest Issue
Volume 6, Issue 1

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Things can only get bette
A year ago things were looking bleak for the storage sector. Rapid construction had just raised...
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Florida: 97% success
Around 30 states have aboveground storage tank (AST) regulations, but Florida has some of the most...
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TankChem capitalises on silver lining
In 2007 Russia halted deliveries of oil products and other chemicals to Estonia, causing severe...
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