Keeping up-to-date with what's NOW and happening in your industry is vital, but can take time. We've made it easier for you by collating the very latest news each week relevant to the Tank Storage Industry.
1 March 2013
Oiltanking acquires two storage terminal in South Africa - Tank Storage Magazine
"South African independent bulk liquid storage provider Oiltanking Grindrod Calulo (OGC), a subsidiary of Oiltanking, is to acquire Grindod Tank Terminals..."
20 February 2013
Vopak Terminal Algeciras to open in March - Tank Storage Magazine
"Independent bulk liquid storage provider Vopak has announced that its storage terminal at Spain's Port of Algeciras will be officially opened on 25 March..."
14 February 2013
Fujairah oil storage capacity to rise by 2 MCM - Steel Guru
"Reuters reported that oil storage capacity in the UAE port of Fujairah is expected to rise by 2 million cubic meters this year to just over 6 million cubic meter..."
13 February 2013
Statoil chooses Veidnes for new Arctic oil terminal - Tank Storage Magazine
"Oil giant Statoil ASA is to build an oil terminal on Norway's Arctic coast to handle Barents Sea oil from the Skrugard and Havis fields..."
Statoil chooses Veidnes for new Arctic oil terminal - Tank Storage Magazine
"Oil giant Statoil ASA is to build an oil terminal on Norway's Arctic coast to handle Barents Sea oil from the Skrugard and Havis fields..."
12 February 2013
Aegis starts building storage capacity at Indian port - Tank Storage Magazine
"India-based downstream oil and gas company Aegis Logistics has broken ground on its new bulk liquid and gas storage terminal at Gujarat's Pipavav Port in India..."
Eastern Refinery and West Marine Services ink deal for storage tanks - Tank Storage Magazine
"Eastern Refinery, a subsidiary of Bangladesh Petroleum, is to build three 13,000-tonne capacity oil storage tanks after signing an agreement..."
Port of Antwerp, Rosmorport sign collaboration agreement in Russia - Dredging Today
"The Port of Antwerp will collaborate closely over the next five years with Rosmorport, the state-owned company that defends the interests of all Russian seaports..."
Rotterdam holds Odfjell's terminal business back - HCB
"Odfjell’s terminal business achieved EBITDA of $5m from revenue of $34m in the fourth quarter 2012, well below the equivalent figures from a year earlier. Provisional full-year figures show EBITDA of $27m on revenue of $145m..."
8 February 2013
Extra Capacity Added to LBC Tank Terminals in Antwerp - TankTerminals.com
"LBC Tank Terminals has expanded its facility in the Port of Antwerp with an additional 7 tanks ranging between five and six thousand cubic meters..."
7 February 2013
Long wait for shale gas boom - Business Report
"The first commercial exploitation of shale gas in the Karoo was likely to take up to 10 years to come to fruition and only if exploration licences were provided..."
Global shipping hopes to gas up - The National
"Poor world shipping industry - staring down the twin barrels of rising oil prices and impending global and draconian emissions legislation and left scrabbling about for greener, cheaper ways to power its ships..."
Down but not out - HCB
"LNG With throughput at Rotterdam having come to a standstill due to high prices and shipping lines voicing their cynicism about SECA compliance, 2013 begins on a low note for LNG fuel..."
6 February 2013
Genesis Energy to expand operations in Louisiana - Tank Storage Magazine
"Texas-headquartered midstream energy company Genesis Energy is expanding its presence in Louisiana with the construction of new assets and infrastructure worth approximately $125 million (€92 million)..."
4 February 2013
Huge oil storage facility inaugurated in Iran - Steel Guru
"A large oil products storage facility with the capacity of 350 million litres has been inaugurated in Iran's southeastern city of Kerman..."
1 February 2013
"An office building blast killed 32 people and injured 121 at the headquarters of Mexico's state-owned oil company, Petroleos Mexicanos..."
29 January 2013
Hess to divest terminal network - Tank Storage Magazine
"Independent energy company Hess is to complete its coversion from an integrated oil and gas company to one that deals primarily with exploration and production..."
23 January 2013
Norterminal signs land lease agreement for storage terminal - Tank Storage Magazine
"Norterminal AS is developing a storage terminal in Finnmark, Norway, and this month signed an agreement with landowner Finnmarkseiendommen..."
22 January 2013
5 workplace dangers caused by above ground storage tank containment - Walden Associates
"Above ground storage tanks can be a real plus. They’re easier and less expensive to install, and they’re certainly easier to monitor since you can see them..."
Iraq to build southern oil pipeline to boost exports - Reuters
"Iraq plans a pipeline to link southern oilfields in Maysan province to major export storage depots and China Petroleum Pipeline (CPP) is close to winning the $650 million contract..."
15 January 2013
ADPO to build new storage terminal at Port of Antwerp - Tank Storage Magazine
"Chemical storage company Antwerp Distribution and Products Operations (ADPO) has acquired a new 10-hectare site..."
14 January 2013
ADPO has set a new milestone - TankTerminals.com
"After 25 years, ADPO has set a new milestone with the acquisition of a new plot of land of 10 ha in the Port of Antwerp..."
11 January 2013
"Chevron Corp. (CVX)' s forecast for “notably higher” quarterly profit bodes well for competing international energy producers also grappling with oil- production and refining challenges..."
9 January 2013
Fujairah Oil Terminal on track for 2014 - Tank Storage Magazine
"The Fujairah Oil Terminal (FOT), currently under development in the Port of Fujairah, UAE, is on track to begin commercial operations by the end of 2014..."
5 January 2013
UAE Oil Storage Terminal set to start operations in 2014 - TankTerminals.com
"An oil storage terminal being built in the UAE port of Fujairah by Singapore-based Concord Energy and a subsidiary of China's Sinopec is expected to start operations by late next year, Concord Energy said on Friday..."
28 December 2012
Hydrocarbon storage facility gathers pace in Far East - Tank Storage Magazine
"Singapore-based industrial infrastructure company JTC has launched the second stage of the two-stage request for proposal to engage an operator to manage..."
28 November 2012
Petrom opens new storage terminal in Romania - Tank Storage Magazine
"OMV Petrom, the largest oil company in Romania, has opened a new fuel storage terminal in Isalnita, Dolj..."
22 November 2012
Pan European Terminals refinances loan note - Tank Storage Magazine
"Pan European Terminals has completed a re-financing of its $11 million (€8.5 million) secured fixed rate loan..."
20 November 2012
Masstank to expand storage capacity in Rotterdam - Tank Storage Magazine
"Maastank is to expand its storage terminal in Botlek, the Netherlands, after signing a contract with the Port of Rotterdam Authority..."
19 November 2012
Odfjell Terminals given green light for Le Havre terminal - Port Technology
"Odfjell Terminals (Europe) receives approval for new liquid bulk storage terminal in Le Havre's industrial zone..."
VTT Vailikos tank terminal's new look takes shape (Cyprus) - Dredging Today
"Work started last April and is expected to be completed in 2014..."
15 November 2012
From Belgium to Guadeloupe - Storage Terminals Magazine
"Engineering and steel construction project contractor Geldof has won a new contract with French electricity supplier EDF. The work is to replace 18 storage tanks..."
14 November 2012
Where to next for the oil price? - MoneyWeek
"Oil has been off my radar of late. But there have been some headline-grabbing announcements in recent days that made me want to take a look at it today..."
5 November 2012
Wireless technology enhances tank gauging systems - Automation World
"Tank farm automation became easier, faster and less costly with the integration of Emerson Process Management’s Rosemount Raptor tank gauging systems with wireless technology..."
Rotterdam/Gothenburg in LNG alliance - Storage Terminals Magazine
"Port of Rotterdam and Port of Gothenburg have entered a new alliance. The aim is to speed up the establishment of liquefied natural gas as a maritime fuel..."
25 October 2012
"Bulk chemicals storage group Odfjell has asked the courts for permission to sack 189 workers in the Netherlands, or more than half its local personnel..."
Buckeye's Albany, New York Terminal to provide crude oil services - Nasdaq
"Buckeye Partners, L.P. announced today that it has reached a multi-year agreement with a subsidiary of Irving Oil Limited..."
22 October 2012
"The share that the partners in the development of the Shah Deniz gas condensate field are going to have in a pipeline project..."
BP begins Adelaide fuel terminal expansion - Tank Storage Magazine
"BP has broken ground on the planned expansion of its Largs North fuel storage terminal in Adelaide, Australia..."
19 October 2012
Demolition of Tank at Pulrose - IsleOfMan.com
"The south Douglas landscape has changed, following the demolition of one of the three MEA storage tanks at Pulrose Power Station..."
18 October 2012
Longwei Petroleum brings Huajie fuel storage depot online - Tank Storage Magazine
"Chinese energy company Longwei Petroleum Investment Holding has brought its newly acquired fuel storage depot online..."
CN to build new terminal for Bakken new crude oil terminals - Railway Age
"CN and Tundra Energy Marketing Ltd., which handles crude oil on behalf of producers in the Williston Basin..."
14 October 2012
"Givot Olam Oil Exploration LP has rented a storage tank, which can hold 300,000 barrels of oil..."
12 October 2012
"As part of its modernisation drive, Hindustan Petroleum Corporation Ltd (HPCL) has constructed a Rs.330-crore greenfield oil terminal at Ennore.."
Our plan for Coryton was the best one - Thurrock Gazette
"THE managing director of Vopak, the main company behind Coryton’s transition into a storage terminal, has said..."
Sinopec to build huge oil storage in Indonesia - MorningWhistle.com
"Sinopec Group, Aisa’s top refiner and China’s second-largest oil producer, is building what experts predict will become the largest oil storage terminal..."
Oiltanking strengthens presence in Singapore - Tanker Operator
"Oiltanking is to acquire a 100% shareholding in Helios Terminal Corp and its holding company Chemoil Storage..."
Puma Energy and Medco Energi sign agreement - Tank Storage Magazine
"In Indonesia, midstream and downstream energy company Puma Energy is to buy a 63.88% stake in PT Medco Sarana Kalibaru..."
"John Catsimatidis, the New York City billionaire behind the Gristedes grocery store chain, announced on Tuesday that United Refining, which he controls, has agreed to buy a petroleum terminal..."
Oiltanking improves market position in Singapore with terminal acquisition - Tank Storage Magazine
"Independent tank storage provider Oiltanking is to acquire Helios Terminal and its holding company Chemoil Storage after entering into an agreement for a 100% shareholding..."
United Refining to buy New York marine terminal - Reuters
"United Refining Inc has agreed to buy Phillips 66's marine terminal and associated assets near New York Harbor..."
China's Sinopec to build big oil storage in Singapore - Reuters
"The first phase of the construction will be a 16 million barrel oil storage facility that will be built on a plot of land of about 80 hectares..."
Odfjell Holding secures funds for project expansions - Tank Storage Magazine
"Odfjell Holding, a subsidiary of OTLG C.V. - a joint venture between Odfjell Terminals and Lindsay Goldbery - has secured a $200 million (€154 million) five-year secured credit facility..."
Stolt-Nielsen reports unaudited results for Q3 2012 - Tank Storage Magazine
"Stolt-Nielsen's third quarter net profit attributable to shareholders was $7.1 million (€5.5 million)..."
Indian Oil firms buy stake in Carrizo's Colorado asset - The Wall Street Journal
"State-run explorer Oil India Ltd. and refiner Indian Oil Corp. said Thursday they will acquire a 30% stake in Carrizo Oil & Gas Inc.'s Niobrara shale-oil acreage..."
3 October 2012
Synder orders storage tank regulation duties moved - VCStar.com
"Gov. Rick Snyder says he's issued an order transferring responsibility for overseeing the safety of above- and below- ground storage tanks to the Bureau of Fire Services..."
26 September 2012
New proposals for Colorado fuel storage facility - Tank Storage Magazine
"A new bulk propane fuel storage facility has been proposed in Colorado, US..."
Savage completes Bakken site - Storage Terminals Magazine
"Savage has completed the construction of a terminal near Trenton, ND, to transport crude from the Williston Basin and Bakken Shale to refinery markets..."
New storage terminals set for Costa Rica - Tank Storage Magazine
"Costa Rica-based Terminal de Graneles Moin (TGM) is to build a terminal for the purpose of receiving, storing and dispensing liquids..."
Vitol Cyprus unit to complete terminal end-2014 - Chicago Tribune
"A unit of one of the world's largest energy traders Vitol will complete construction of an extensive storage tank farm in Cyprus..."
Dutch terminal unveils new train loading station - Tank Storage Magazine
"Netherlands-based Botlek Tank Terminal (BTT) has given the go-ahead for a consortium of contractors to start work on a new train loading station..."
25 September 2012
China deepens Central Asia role - Asia Times Online
"Recent Chinese diplomatic maneuvers in Central Asia, both bilateral and multilateral, show the Beijing's strategy treats the region as a corridor..."
South Korea to get new fuel storage hub - Tank Storage Magazine
"Korea National Oil (KNO) is set to start work on a new oil storage and trading hub in Ulsan, South Korea in 2013..."
Botlek Tank Terminal Expansion: Phase II - South Holland - Construction Project Profile - new market research report published - Live PR
"Construction Project Profile contains information on the scope of the project including project overview and location..."
24 September 2012
Contractor falls into storage tank - BeaumontEnterprise.com
"A contractor at Chevron Pipeline Co. in Nederland slipped and fell inside an above-ground storage tank on Monday..."
Firing up oil and gas - The Star Online
"Coming from Sarawak and as a former Shell employee, I know very well how important the oil and gas industry is..."
22 September 2012
NIOOC boosting storage capacity - Fars News Agency
"The National Iranian Offshore Oil Company (NIOOC) plans to raise crude oil storage capacity to 8.1 million barrels..."
Venezuela battles refinery tank fore for a third day - Reuters
"Firefighters battled a blaze in a fuel storage tank at Venezuela's El Palito oil refinery for a third day..."
21 September 2012
Tank Storage group Odfjell to cut Rotterdam workforce by 35% - DutchNews.nl
"Tank storage group Odfjell, which has been under fire for its lax safety standards, is planning to cut its Rotterdam workforce by 35%..."
Firefighters struggle to protect heating oil tank after blaze breaks out - BoilerJuice.com
"The fire brigade in north Cornwall had to be called out this week after a fire broke out dangerously close to a storage tank..."
Following Hurricane Isaac, charities struggle with cleanup - Huffington Post
"Faith-based ministries and local charities that are ramping up relief efforts after Hurricane Isaac says it's already clear that recovery will proceed..."
20 September 2012
Fuel Board okays permit for 14-story tank in Searsport - The Working Waterfront
"The Marine Fuel Board has given a green light to erect a liquid propane gas (LPG) storage tank on Mack Point in Searsport..."
19 September 2012
Iowa's second biodiesel terminal opens in Des Moines - DesMoinesRegister.com
"A chilly wind blew across the Magellan Midstream Partners pipeline system terminal at southeast Des Moines on Tuesday, but there were nothing but warm feelings..."
Alyeska's storage tank inspection waver revoked - Tank Storage Magazine
"In Valdez, Alaska, Alyeska Pipeline Service Co. is working to reinstate a waiver originally issues by the Department of Environmental Conservation (DEC)..."
18 September 2012
JV building oil storage terminal in Fujairah - Tank Storage Magazine
"Ground has broken on a new oil storage terminal in Fujairah..."
Basis Point-IL&FS Prime Terminals completes US$91m financing - Reuters
"Export-Import Bank of Indian took US$26m and ICICI Bank US$m..."
17 September 2012
"Subsequent to the previously announced open season process, the Company has received sufficient, long-term, committed customer support to begin construction..."
A potential blowout looms over Lithuania LNG terminal - Business New Europe
"As the developers of Lithuania's liquefied natural gas (LNG) terminal discussed possible supply deals in the US last week, the Baltic country's biggest gas users revealed..."
Citgo's proposed biofuel storage tank continued until November - Tank Storage Magazine
"Construction of fuel company Citgo's proposed biodiesel storage tank will not begin yet..."
Myanmar gets record investment after years of isolation - Bloomberg Business Week
"Myanmar, shunned since the 1990s for tolerating corruption and human trafficking, is set for record foreign investment in 2012..."
15 September 2012
"Alyeska Pipeline Service Co. and state regulators are wrangling over the schedule for conducting an internal inspection of one of the giant crude oil storage tanks..."
13 September 2012
Energy giants gauge Burma's potential ahead of tender - Democratic Voice of Burma
"As international energy giants flock to Rangoon for the 2nd Myanmar Oil, Gas and Power road show this week..."
Dialog, Johor, Vopak to invest RM4bil in Pengerang LNG terminal (Update) - The Star Online
"The consortium comprising of Dialog Group Bhd, the Johor Government and Royal Vopak will invest..."
Densmore Oil cleanup at Storage facility a voluntary one - TheDay.com Connecticut
"The yellow warning tape and wellheads at the Densmore Oil Co. storage facility on Old Stonington Road might prompt passerby to assume environmental regulators ordered the company to clean up..."
Appropriations for Waterford projects receive Board of Finance OK - TheDay.com Connecticut
"Members of the Board of Finance approved $464,236 in appropriations for two capital improvement projects..."
12 September 2012
"Under a three-year global framework agreement, Emerson become one of the providers of process automation systems and services..."
Isaac floods Stolthaven NO - Storage Terminals Magazine
"Stolt-Nielsen Limited announced that the recent hurricane Isaac caused serious flooding at its Stolthaven New Orleans terminal located at Braithwaite..."
11 September 2012
Norterminal plans oil terminal Finnmark, Norway - Tank Storage Magazine
"Norterminal AS is looking to develop a strategic new oil terminal in Norway's Finnmark..."
Cheniere enters into agreements with Total for access to additional capacity and services at the Sabine Pass LNG Terminal - Daily Markets
"Cheniere Energy Partners, L.P. announced today that its subsidiary, Sabine Pass Liquefaction has entered into a partial assignment agreement..."
10 September 2012
"The Louisiana Department of Environmental Quality on Monday assured the public that their monitoring has detected no offsite contamination..."
6 September 2012
Vopak Terminal Eemshaven received first oil tanker - Tank Storage Magazine
"In the Netherlands, Vopak Terminal Eemshaven's newly constructed jetty received its first oil tanker on 2 September..."
5 September 2012
Canada-based energy firm plans tank storage facility in Nevis - Caribbean Journal
"Nevis could soon be the site of a planned $400 million tank storage facility for refined and unrefined hydrocarbon products..."
3 September 2012
Aruba refinery to turn into storage facility - Canadian Business
"Valero Energy Corp. announced Monday that it will covert its shuttered oil refinery..."
Port authority plans under way for barge terminal - wtov9.com
"The Weirton Area Port Authority is working to expand import and export with the state of West Virginia in the oil and gas industries..."
New Arctic Oil Terminal planned in Finnmark - MarineLink.com
"Norterminal AS plans to build a large oil-terminal outside Kirkenes in the Norwegian, Russian borderland..."
2 September 2012
"Against a smoke-blackened skyline of blazing fuel storage tanks, residents who lived alongside Venezuela's biggest oil refinery wandered through what looked like a war zone..."
1 September 2012
Spending on fuel storage tanks, sewer main repairs on agenda in Waterford -
"The Board of Selectman will consider approving a total of $ 464,236 in appropriations for two capital improvement projects at its meeting next Tuesday..."
30 August 2012
Northwest Indiana BP gas station storage tanks robbed - Examiner.com
"Hammond, Indiana police say a man posing as a gasoline delivery driver stole more than 2,100 gallons of gas from a station's storage tanks on Saturday..."
29 August 2012
Petrobras building world's first floating oil terminal - The Telegraph
"Brazil's state-owned energy giant Petrobras is to deploy the world's first floating oil terminal capable of refueling tankers on the high seas..."
28 August 2012
"Gibson Energy Inc. and GT Logistics, L.L.C. announced today that they are currently in discussions regarding the formation of a joint venture..."
26 August 2012
"Buckeye Partners L.P. said on Sunday it has suspended operations at the jetties at the massive BORCO oil storage terminal..."
23 August 2012
East Rutherford initiates search, possible cleanup of big oil tanks - NorthJersey.com
"A clean-up project of underground storage tanks dating back 20 years has surfaced with a letter from state environmental staff..."
UPDATE 1 - Vopak, Gasunie sign up Shell for Rotterdam LNG terminal - Reuters
"Dutch gas operators Gasunie and the world's largest independent storage tank operator Vopak said they signed an agreement with Royal Dutch Shell..."
21 August 2012
"A major new oil storage hub near Houston is well over a year away from reaching its full 6 million barrel capacity..."
CAO abandons Malaysian terminal plans - Airwise
"China Aviation Oil (CAI), Asia's biggest jet fuel buyer, has terminated its plan to build and manage an oil storage terminal in Malaysia..."
20 August 2012
Nexen shows no confidence yet in Harper Assent - Bloomberg Business Week
"Prime Minister Stephen Harper is weighing whether to allow Cnooc Ltd. (883)'s $15.1 billion takeover of Nexen Inc..."
Inver Energy awards contract to PX Group - Tank Storage Magazine
"In the UK, fuel and energy solutions provider Inver Energy has awarded services secialist PX Group with a multi-million pound contract to operate, manage and maintain its 70 million litre terminal in Cardiff, Wales..."
Getty Petroleum gets OK to abandon storage tanks - CSPnet.com
"22 UST's to be empties and capped with court's approval..."
China Aviation Oil aborts oil storage plans in Malaysia - Reuters
"China Aviation Oil (CAO), Asia's top jet fuel buyer, has terminated its plan to build and manage an oil storage terminal in Malaysia..."
18 August 2012
Lightning strikes chemical plant's storage tank in US - ChinaDaily.com.cn
"A lightning struck a chemical plant's storage tank on Friday in Belle Chasse, Louisiana, United States, forcing an evacuation..."
16 August 2012
Vitol buys 50% in LPC - Storage Terminals Magazine
"Vitol Inc, the US subsidiary of the Vitol Group, has formed a partnership with Midland-based LPC Crude Oil Inc, and acquired 50% of the company..."
LBC Tank Terminals to expand Antwerp operations - Port Technology
"LBC to increase Antwerp capactity by 41,000m³ by end of 2012..."
14 August 2012
Roanoke convenience store cited for gasoline leak - Roanoke.com
"State environmental regulators have cited a Roanoke convenience store for allowing gasoline to leak from its underground storage tanks..."
13 August 2012
"Gulf Petrochem Group, a leading player in the oil industry, has announced the appointment of Captain Paul E.W. Nix as the Head of the company's Oil Terminal in Fujairah..."
Hell in Tajikistand: Oil discoveries a potential curse - CNBC
"A major oil find by Canada's Tethys Petroleum in Tajikistan comes at a bad time for the Central Asian country..."
Spartanburg-based Synalloy Corp. acquires Texas company for nearly $26m - GoUpstate.com
"Spartanburg-based Synalloy Corp. announced Monday it has entered into an agreement to purchase storage tank maker Palmer of Texas for nearly $26 million..."
10 August 2012
"More players in the fuels market and increased storage by Enemalta would reduce further prices further..."
China's July crude imports rise 12.4% on year to 21.83 mil - Platts
"China's crude oil imports in July rose 12.4% year on year to 21.83 million mt or an average 5.16 million b/d..."
Minor fuel spill reported at Readington Exxon station where storage tanks are being replaced - New Jersey
"A few gallons of fuel was spilled on Aug. 7 at the Exxon gas station at 414 Route 22 west..."
9 August 2012
Shell adds new diesel storage tanks to Queensland terminal - Tank Storage Magazine
"Shell Australia is now able to store an additional 38 million litres of diesel at its Mackay Terminal in Queensland, Australia..."
Enbridge defends recent ad campaign, critics say company is playing 'catch up' - Global BC
"Those reading major newspapers in British Columbia, Alberta or Ontario over the past two days might have noticed a full-page ad placed by Calgary-based Enbridge..."
8 August 2012
Oil shipments are Albany-bound - timesunion.com
"As much as a quarter of the shale oil being produced in North Dakota could soon be headed by rail to the Port of Albany..."
7 August 2012
Total Energy to convert newly acquired facility into storage tank construction site - Tank Storage Magazine
"Infrastructure company Total Energy is to convert a shutdown plant in Stillwater, New York, into a storage tank production site..."
4 August 2012
Scandinavian Tank Storage Analysis Across the Oil and Gas Value Chain report - Healthcare Store Online
"'Scandinavian Tank Storage' Analysis Across the Oil and Gas Value Chain is an essential source for data, analysis and strategic insight into Scandinavian Tank Storage..."
1 August 2012
Storage tank leaks 2,000 gallons of gas - The Intelligencer
"Eleven building - including West Virginia Northern Community College's New Martinsville campus - were evacuated Tuesday..."
30 July 2012
Buckeye buys liquid storage terminal in New York Harbor - Tank Storage Magazine
"Buckeye Partners has completed the acquisition of Cehvron's New Jersey-based marine terminal..."
Narrow win for VTTI - Khaleej Times
"Fujairah-based Vittol Tank Terminal International (VTTI) squandered a big lead but managed to scrape a 115-114 overtime win against resilient Gulf Craft...
27 July 2012
"Stolt-Neilsen Limited announced today that it reached an agreement to acquire a bulk-liquid storage terminal at Dagenham, Port of London, UK..."
Safety shutdown and recovery plan at Odfjell Terminals (Rotterdam) - Reuters
"A meeting has just taken place between the authorities DCMR Milieudienst Rijnmond (Environmental Protection Agency), Inspectie SZW and the Fire Brigade..."
26 July 2012
Rotterdam storage group Odfjell closes down more tanks - DutchNews.nl
"Norwegian tank storage company Odfjell has closed down a further 50 tanks at its Rotterdam site because of safety concerns..."
Greenergy buys UK Teeside oil storage terminal - Reuters
"Oil product distribution firm Greenergy has bought Britain's Teeside oil storage terminal formerly owned by the bankrupt refining company Petroplus..."
24 July 2012
"EPA Region 7 and its contractors have begun work to remove an underground storage tank from a former automotive garage..."
Hilcorp to repoen Drift River Terminal oil storage facility - AlaskaPublic.org
"This spring, Hilcorp, Alaska announced plans to reopen the Drift River Terminal oil storage facility on the west side of Cook Inlet..."
23 July 2012
UAE launches new oil export terminal - Middle East Confidential
"The United Arab Emirates on Sunday launched a new offshore oil export terminal in Fujairah on the Gulf of Oman that will process up to 75 per cent of the Gulf country's exports..."
22 July 2012
Kharg Island's oil storage capacity to rise - Far News Agency
"The oil storage capacity in Kharg Island will rise by four million barrels in coming months..."
16 July 2012
Expanding China Aviation Oil Says Leases Singapore Storage - TankTerminals.com
"China Aviation Oil (CAO), Asia's top jet fuel buyer, has leased oil storage space in Singapore..."
15 July 2012
On our radar: Fracking and Petrochemicals - The New York Times
"The fracking frenzy in Texas has been a boon to the petrochemical industry, which is converting cheap and natural gas into resins and polymers..."
12 July 2012
SNH and Perenco to buy floating crude oil storage terminal - Tank Storage Magazine
"Cameroon's state-owned oil company National Hydrocarbons Corporation (SNH) and independent oil and gas company Perenco..."
9 July 2012
"Continuing the decline begun in early second quarter, prices in the $3-trillion-plus global petrochemicals market fell in June..."
5 July 2012
BTT plans 550,000m³ expansion - Tank Storage Magazine
"Botlek Tank Terminal (BTT) is to increase its storage capacity at the Port of Rotterdam by 550,000m³ with a five-hectare site expansion..."
4 July 2012
Botlek Tank Terminal commences further expansion - TankTerminals.com
"The Port of Rotterdam signed a contract with a construction consorium to extend the Botlek Tank Terminal (BTT) site by approximately 5 ha..."
GEPA-Mandatory training for owners of underground storage tanks this month - PNC "For the first time ever, the Guam Environmental Protection Agency is hosting a mandatory one day training for those owning and operating an underground storage tank..."
2 July 2012
"State-owned oil company Petroliam Nasional Bhd (Petronas) is tired of being Malaysia's cash trough..."
22 June 2012
MidAtlantic Petroleum plans for Bahamas products storage - Oil & Gas Journal
"MidAtlantic Petroleum LLC is in the final stages of negotiating a long-term lease for 30 acres of land adjacent to the harbor in Freeport, The Bahamas..."
Oil storage worth 4.6 billion tenge to be commissioned in Aktau by late 2012 - Caspio Net
"ASKI-Mangistau LLP intends to commission an oil storage terminal worth 4 billion 596,981 tenge in December 2012 in Aktau..."
13 June 2012
Musket completes Dore facility expansion - Tank Storage Magazine
"Privately help commodity supply, trading and logistics company Musket has completed the expansion of its crude-by-rail facility in Dore, North Dakota..."
10 June 2012
"Dow's preliminary investigation into a chemical fire at its Bristol coatings plant last month calls it an 'Act of God,' which was 'neither reasonably foreseeable nor preventable,'..."
Iran seeks to build new "Hub" for crude exports, Shana says - Bloomberg
"Iran will build a 5.2 billion export terminal in the southern port city of Jask and turn it into the new 'hub' for crude exports..."
8 June 2012
Marketers say petroleum storage tanks are in pitiable conditions - Premium Times
"When the rains fall, petrol and water mix in the deplorable petroleum storage tanks at depots in Mosimi and Ejigbo..."
Coalition for Responsible Fire Protection aims to increase environmental awareness in the fire industry - Hemmingfire.com
"The US-based Coalition for Responsible Fire Protection continues to make inroads since its inception around a year ago..."
6 June 2012
ECNEC approves 11 storage tanks - Tank Storage Magazine
"Eleven oil storage tanks are to be built in Bangladesh as part of eight development projects that have been approved by the Executive Committee of the National Economic Council (ECNEC)..."
4 June 2012
Odfjell acquires 25% share in Noord Natie Terminals in Antwerp - TankTerminals.com
"Reference is made to the stock exchange announcement of 2 September 2011, in which Odfjell announced it has entered into a Letter of Intent with Noord Natie Holding CVBA to acquire 25% plus one share of the equity..."
28 May 2012
"Working in close collaboration with Vopak, the world's largest independent bulk liquid terminal operator, Emerson Process Management has developed a software solution..."
Cancen Oil Canada to buy Alberta terminal - Tank Storage Magazine
"Energy services company Cancel Oil Canada is to acquire a 100% interest in Astra Energy Canada's Kinsella Crude Oil Terminal..."
25 May 2012
"Resource Management Inc., a US retailer of used bulk storage tanks and recondition fuel storage tanks, reports that there is a growing segment of small and medium sized business..."