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Vesta Terminals has announced plans to expand storage capacity at its Antwerp facility for (bio) jet fuel, gasoil & diesel.The expansion comprises five new tanks of 30,000 m3 each, totalling 150,000 m3 of storage, which will be connected to the jetties and the CEPS pipeline...

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Freeport Commodities has added its commercial support to furthering the construction, operation and utilisation of Texas GulfLink, a deepwater crude oil export facility off the cost of Freeport, Texas.The facility, which will be capable of fully loading VLCC vessels, will...

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Construction work has started on a series of storage expansion & infrastructure projects at several Kinder Morgan facilities.Announcing its fourth quarter 2019 financial results, the company also provided an update on construction activities across its terminal segment.Work...

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IFM Global Infrastructure Fund has contributed its 57.6% equity interest in Freeport LNG's second liquefaction train into Buckeye Partners.Train 2 successfully began commercial operations on January 17 with gas deliveries from BP under its 20-year tolling agreement.Clark...

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Philadelphia Energy Solutions has been fined $132,600 by OSHA for serious safety and health hazard violations following a fire & explosions that led to the refinery's closure and bankruptcy.The fire and subsequent explosions on June 21, 2019 released 5,000 pounds of...

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Magellan Midstream Partners will sell three marine storage terminals to Buckeye Partners for $250 million.The three terminals are located in New Haven, Connecticut, Wilmington, Delaware and Marrero, Louisiana.Michael Mears, chief executive officer, says: 'Magellan remains...

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I Squared Capital and Rubis will form a joint venture partnership through an investment in Rubis Terminal.As part of the agreement, I Squared Capital will acquire 45% of the shares in Rubis Terminal and will jointly control the company alongside Rubis.Rubis Terminals comprises...

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Elengy has announced that the Fos Tonkin terminal will continue operating at the site until 2028.The proposed regasification capacity has been entirely booked (1.5 billion m3 per year) and this commitment has enabled Elengy to take the investment decision needed to extend...

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Marquard & Bahls has acquired a minority stake in Nordic Blue Crude, a Norwegian pioneer in the power-to-liquid sector.The investment is an important step for Marquard & Bahls to expand its existing portfolio towards renewable energies. The company is actively exploring...

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The bulk liquid storage sector will have a key role to play in supporting and facilitating access to a broad mix of energy solutions as part of the energy transition.A new report from the UK Tank Storage Association highlights the crucial role the sector will...

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Four leading industry figures in the tank storage sector have been shortlisted for the Outstanding Achievement Award at the 2020 Global Tank Storage Awards. All nominees have an extensive amount of experience within the tank storage sector, as well as a multitude of achievements,...

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Abu Dhabi and Japan have signed an energy cooperation agreement concerning the storage of more than eight million barrels of crude oil.The agreement, which extends a previous oil storage deal that came to an end at the end of 2019, will allow ADNOC to store...

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2020 is set to be a crucial year for the European gas market as the industry deals with storage and pricing issues in an increasingly oversupplied market at the same time as the European Green Deal casts doubt over the long-term future for gas in Europe's...

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Kinder Morgan has sold all 25 million of its shares in Pembina Pipeline for$764 million.The company says that the sale is consistent with its intention to convert the shares into cash in an opportunistic and non-disruptive manner.Kinder Morgan will use the proceeds to pay...

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Mabanaft has become an operating partner and ammonia offtaker in Gulf Coast Ammonia, a new ammonia production plant in Texas City.Gulf Coast Ammonia, jointly owned and controlled by Starwood Energy Group and Mabanaft, issued a formal notice at the end of December to proceed...

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The first cargo of ethylene has been exported from Enterprise Products Partners and Navigator Holdings' joint venture marine terminal at Morgan's Point, Texas.The Navigator Europa recently departed the facility carrying 25 million pounds of ethylene for Marubeni, a large...

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