Japanese marine transport company Mitsui OSK Lines (MOL) and LNG Terminal Wilhelmshaven (LTW), a subsidiary of Düsseldorf-based energy firm Uniper,...

The UK and Ireland Fuel Distributors Association (UKIFDA) has cancelled its EXPO 2020 event, which was due to take place...

Firefighters took around ten hours to extinguish a fire in a crude storage tank at Hengyuan Refinery in Port Dickson,...

The Shanghai International Energy Exchange (INE) in China, an international exchange trading in crude oil, natural gas and petrochemical derivatives,...

Energy contractors Matrix Service, a subsidiary of Oklahoma, US-based Matrix Service Company, has been awarded an engineering, procurement and construction...

Netherlands-based storage and logistics provider Dekker Group has announced plans to double the capacity of its tank storage facilities at...

Two people have been injured following an oil tank explosion at the Pelican Island Storage Terminal in Galveston, Texas, US...

The UK’s Tank Storage Association (TSA) has ‘cautiously welcomed’ the UK government’s new UK Global Tariff (UKGT), which was published...

International petroleum and storage company CLH Group has invested €5m to upgrade the lighting systems at its 39 storage facilities...

China’s state-owned National Oil and Gas Pipeline Group (PipeChina) and partner Nanshan Group have broken ground on the 20m t/y...

German-based tank storage logistics provider Oiltanking, part of the Marquard and Bahls Group, has reported ‘good’ year-end profits for 2019....

A new report reveals that hydrogen has surged up the priority list of many oil and gas organisations, taking a...

Bangladesh is expected to double its fossil fuel imports to 32 million tonnes of oil equivalent (Mtoe) between 2020 and...

Odfjell Terminals China (OTC) has completed a sale of its 50% shareholding of Odfjell Terminals Dalian (OTD) to VTTI Terminals...

Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel produced from waste and residue raw materials, has...

Baker Hughes has reported that the number of oil and gas rigs in the US fell again this week by...

Houston pipeline operator Enterprise Products Partners and Canadian pipeline operator Enbridge remain committed to developing a joint venture project known...

Rubis, a Paris-based terminal operator and I Squared Capital, a leading global infrastructure investor, finalised their partnership in Rubis Terminal...

Nine companies including Chevron, Exxon Mobil and Alon USA have agreed to rent space to store 23 million barrels of...

The International Liquid Terminals Association (ILTA) has written to President Trumpto say it it is not opposed to oil storage...

Liquids terminaling and logistics provider  Moda Midstream has placed into service the final 495,000 barrel tank from its 10 million...

Pipeline giant Energy Transfer will be asking the Texas Railroad Commission to allow it to idle two pipelines in Texas...

The Port of Antwerp is teaming up with the tech company Rombit to prevent corona infection on the workfloor. Rombit...

In Q1 2020, most ships calling at the Port of Singapore have complied with the International Maritime Organization’s (IMO) 2020...

COVID 19 presents some unusual issues that need both national and EU level solutions.  The Federation of European Tank Storage...

Global fuel oil demand may be holding up better than its jet fuel and gasoline peers, but with inland storage...

Chinese state energy company Sinopec is in early-stage talks with debt-laden Hin Leong Trading  to buy a stake in an...

Storage rental rates have risen by over 25% from a year ago to about to about $7/cubic meter a month,...

The world’s largest terminal operator Vopak has said its oil tanks are almost full as the Dutch company benefits from...

The Oiltanking MOGS Saldanha terminal in Cape Town, South Africa, a joint venture between Oiltanking MOGS and Industrial Development Corporation...

Singapore-based Hin Leong Trading has filed for bankruptcy protection as it seeks to restructure debts of almost $4 billion. Hin...

The International Liquid Terminals Association (ILTA) has announced it has postponed its 40th Annual Operating Conference and Trade Show to...

HES Hartel Tank Terminal, a project of HES International, has completed a project to connect underground pipelines with the nearby...

China’s Sinopec has started the construction of five liquefied natural gas (LNG) storage tanks as it advances an expansion project...

Saudi Arabia, Russia and other oil-producing nations struck on deal on 12th April to cut about 10% of global production,...

Analysts are estimating fuel storage facilities in the USA could soon be full throughout the country if action isn’t taken...

Tank storage terminal operators in the Middle East have been forced to refuse storage requests from both traders and refiners...

Texas energy regulators say they are considering implementing plans to slow down the amount of oil companies can pump in...

The cost of storing petrochemicals in Singapore has skyrocketed as the hub rapidly reaches capacity. This is being driven by...

The Global Energy Show has been postponed to 2021. The event hosts more than 53,000 local and international delegates coming...

Although crude prices have risen slightly based on the expectation Russia and Saudi Arabia might be able to strike a...

While most of the world grapples with a fuel glut due to a drop in crude prices and a fall...

The US Department of Energy (DoE) says it will make 30 million barrels of emergency oil storage available for producers...

Qatar Petroleum (QP) says it will continue with its global LNG expansion to build facilities both domestically and overseas, despite...

The National Iranian Oil Refining and Distribution Company has opened a new oil storage terminal in the north-western region of...

Energy company Phillips 66 Partners LP says it will allow shippers to store crude on its Gray Oak pipeline network...

Petróleos Mexicanos (Pemex), the Mexican state-owned petroleum company, has assured its fuel network that it has enough storage throughout the...

Oil companies in North America are investigating alternative options of tank storage as the glut of cheap crude grows.  Bloomberg...

While many fuel producers are slowing down as an oil glut becomes a global problem, Saudi Arabian state-run oil major...

One of the most in-demand commodities in the world right now is storage, as product usage drops dramatically and the...