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Analysis of markets, energy markets no less than others, often begins with a look at the fundamentals. In energy markets these analyses tend to change, move and require constant updating. International politics, on the other hand, while widely regarded as chronically fickle,...

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Açu Petróleo has signed a contract with Total to carry out crude oil ship-to-ship operations at the T-Oil maritime terminal in Brazil.The contract will serve Suexmax and BLCC vessels, as T-Oil is the only Brazilian private terminal qualified to receive VLCC...

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Magellan Midstream Partners may partner with Sentinel Midstream on plans to build a deepwater crude oil export terminal.According to S&P Global Platts, if the companies do establish a partnership, Sentinel would still lead the Texas GulkLink project, while Magellan would...

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The skills shortage caused by aging workforces and a lack of fresh young talent are some of the biggest challenges facing the bulk liquid storage sector.According to the Industry Trends Report, commissioned by StocExpo, 46% of the 171 key decision-makers agreed that the...

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Contanda and BW Terminals, which have been under common ownership since Contanda was acquired by institutional investors, have announced plans to merge.The combined company will have 18 sites with more than ten million barrels of storage capacity. Michael Suder, a terminal...

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ArcLight Capital Partners and Rattler Midstream have entered into a 50/50 joint venture to own, operate and expand a natural gas gathering and processing system in the Midland Basin.The new entity, Amarillo Rattle, is owned jointly by Amarillo Midstream and an affiliate...

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AG&P has broken ground on its LNG import facility at Karaikal Port, Puducherry, paving the way to broader access to natural gas as a primary fuel in South India.The facility is expected to start commercial operations by the fourth quarter of 2021 and is being...

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The Port of Corpus Christi has been given a federal grant of more than $17 million to expand Oil Dock 3 as part of a four-phase redevelopment of the Avery Point Terminal.Avery Point is one of the port's most productive public oil terminals, currently operating...

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Spanish storage operator and the Spanish Association of Oil Product Operators have agreed to jointly promote measures to further the decarbonisation and climate change agenda.The AOP and CLH agree on the need to reduce emissions in their processes and products through innovation...

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The European Union has designated a project to store CO2 from industry in Antwerp, Ghent, Zeeland and Rotterdam beneath the North Sea Project of Common Interest status.This means that the EU is prepared in principle to provide a subsidy for the Porthos project, based in...

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Channoil Consulting's Charles Daly explores the need for power storage, alternatives for carbon reduction and how this might impact traditional storage installations Climate change is no longer deniable. Even if the industry is sceptical, the political climate is such that...

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TC Energy has approved two new expansion projects totalling $1.3 billion on its wholly owned natural gas pipeline systems.The $0.9 billion 2023 NGTL Intra-Basin System expansion will deliver natural gas from the Western Canadian Sedimentary Basin to markets within Alberta...

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NextDecade and Enbridge have entered into an agreement where Enbridge will acquire Rio Bravo Pipeline from NextDecade.The cash purchase price for the deal would not exceed $25 million, with $15 million paid at closing and the balance paid upon NextDecade reaching a positive...

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Eco-Energy has entered the final stage of construction on its ethanol distribution facility in Phoenix, Arizona.The facility will be the company's 10th ethanol distribution terminal and is due to start operations in the third quarter of 2020.The Union Pacific Railroad will...

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Greenergy has merged with BG Fuels, a leading Canadian gasoline and convenience retailer.The merger will create economies of scale and provide the industry with greater choice and flexibility for fuel supply by combining Greenergy's supply chain expertise and growing independent...

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The shortlist for the Global Tank Storage Awards has been revealed, with Vopak, Alkion, Sprague and CLH among the shortlist. After receiving a record number of nominations from terminals, suppliers and ports, more than 80 individuals, companies, terminals and ports have...

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Vopak has reported strengthened 2019 financial performance with strong EBITDA, increased earnings per share as well as plans to increase its Shanghai terminal.The storage operator reported a full year 2019 EBITDA of €830 million, an increase of €96 million from...

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Inter Terminals has completed a multi-million-pound infrastructure project at its Grays terminal on the River Thames.The optimisation programme has increased throughput capacity, which enables the receipt and dispatch of increased volumes of petrol and diesel at significantly...

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DJ South Gathering will expand its fast-growing crude oil gathering and transportation system in the prolific DJ Basin in northeastern Colorado.DJS' Platteville Complex now has connectivity to Tallgrass Energy, LP's Pony Express Pipeline and terminal system. With an initial...

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Odfjell has reported improved financials for its terminal division as a result of its restructuring of the portfolio as well as increase tank lease and service revenues in the US and Dalian.The segment reported an EBITDA of $8 million in its fourth quarter financial results...

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Pipe and terminal construction work is well underway for the Trans Mountain expansion project, with construction due to be underway across the entire line by the end of 2020.Work is underway with pipe in the ground and terminal construction in Alberta, and significant work...

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Brooge Petroleum and Gas Investment Company (BPGIC) has signed a land lease agreement with Fujairah Oil Industrial Zone to more than triple storage capacity at its terminal.The agreement is for a strategically located prime plot of land with a total area of 450,000 m2 on...

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Over 150 leading companies from across the world's bulk liquid storage supply chain have already signed up to exhibit at StocExpo 2020.The global event, hosted at the Ahoy in Rotterdam on March 10-12, provides an unrivalled platform for exhibitors to showcase their latest...

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