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.
   

December 2012

Tank Storage Industry Leaders Convene - Exposure

"The world's leading terminal operators, oil and petrochemical companies, industry manufacturers, suppliers and experts assembled at Max Atria from 11 - 12 December 2012 for Tank Storage Asia..."

14 December 2012

Tank Storage Asia 2012 looks to be bigger with lots in store - Oil and Gas

"The event will feature over 30 exhibitors spanning tank design, construction and maintenance, through innovations in meeting..."

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..."
   
Singapore 'can tap growth in Marine, Offshore sector' - Straits Times

"The outlook for the marine and offshore sector is positive, buoyed by growth in Asia, with Singapore well placed to ride the wave of demand, a conference heard yesterday..."
   

27 November 2012

Sri Lanka to lay a new petroleum pipeline from Colombo port to Kolonnawa storage - Colombo Page

"Sri Lanka's state owned petroleum distributor Ceylon Petroleum Storage Terminals (CPST) has started a joint venture with the Lanka Indian Oil Corporation (LIOC)..."
  
Driving progress through innovation - Business Times

"The offshore oil and gas industry has been the main driver of Singapore's shipbuilding and manufacturing industry for well over a decade..."  
  

26 November 2012

Jurong Island: breaking ground in the literal sense - Tank Storage Magazine

"With space already tight on Jurong Island, terminal operators are eagerly awaiting news on the region's space saving initiatives..."
  

21 November 2012

Riding high on an energy binge - The Business Times

"AME International expects its revenue to almost double to $18 million next year on the back of a booming oil and gas industry..."
   
Dialog in RM3.7b oil output deal with Halliburton - The Business Times

"Agreement to see them increase production from a field off East Malaysia..."
   

20 November 2012

Saudi Aramco moves forward with Jizan terminal and refinery - Tank Storage Magazine

"Energy company Saudi Aramco is continuing to develop its $6 billion (€4.7 billion) Jizan oil terminal and refinery in Saudi Arabia, and has awarded EPC contracts to eight companies..."
   

19 November 2012

New storage tanks proposed for Ceylon Petroleum sites - Tank Storage Magazine

"Sri Lanka Ministry of Petroleum Industry is looking to build new storage tanks at two Ceylon Petroleum storage terminals..."
   
SABIC JV hired CNCEC to build Jubail terminal - Steel Guru

"Reuters reported that Saudi Basic Industries Corporation has contracted China National Chemical Engineering Corporation to build a storage and shipping terminal at King Fahd Industrial Port in Jubail..."
   

15 November 2012

China to keep Kuwait crude imports steady in 2013 - Reuters

"The figure is equivalent to around 5 percent of crude oil imports by China, the world's largest buyer of the fuel after the United States..."
   
Oil companies to develop storage at Taiwan harbour - Tank Storage Magazine

"A number of petrochemical companies are looking at developing petrochemical storage facilities at Koahsiung Harbor in Taiwan..."
   

11 November 2012

Vopak and Sabic to invest in new storage terminal in Jubail, Saudi Arabia - 4-traders

"Vopak and Sabic have decided to jointly invest in a new terminal in King Fahd Industrial Port at Jubail, Saudi Arabia, to serve the expansion of the petrochemical and downstream industries..."
  

7 November 2012

Primestar awards EPC contract for Fujairah terminal - Tank Storage Magazine

"Trading group Primestar Energy and India-based Leasing & Financial Services are moving ahead with their oil storage terminal in the UAE..."
  

5 November 2012

China's Sinopec moves into small U.S town - The Wall Street Journal

"The town of Medicine Bow, Wyo., population less than 300, has become the unlikely location for the next phase of China's advance into the U.S. energy market..."
   

1 November 2012

JPDC hails Platts' inclusion of Tanjung Bin to pricing process - Bernama

"The Johor Petroleum Development Corporation Bhd (JPDC) has welcomed the inclusion from Dec 1 by energy pricing agency Platts..."
  

31 October 2012

Petronas strikes oil for first time of Pahang coast - Business Times

"Output projected at up to 20,000 bpd; reserves estimated at 64m barrels..."
  

30 October 2012

Platts adds new Malaysia storage terminal to pricing process - Reuters

"Energy pricing agency Platts has approved a new storage terminal in southern Malaysia set up by a joint venture of oil trader Vitol..."
   

25 October 2012

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..."
  

23 October 2012

Second LNG terminal if need be, says Iswaran - Business Times

"First one to start up in Q2 next year will create trading hub, help Singapore diversify supplies..."
  

22 October 2012

Major events in Caspian countries' oil and gas industry for week - Trend

"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..."
  

20 October 2012

Canada blocks Malaysian state oil firm Petronas' $5.2 billion bid for Progress Energy - Fox News

"Canada has blocked the Malaysian state-owned oil firm Petronas' US$5.2 billion..."
   

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..."
  

17 October 2012

Mega oil hub to rise from Johor coastal village - The Straits Times

"With demand booming, analysts see enough business for Pengerang..."
  

12 October 2012

HPCL's new terminal to be breather for Tondiarpet - The Hindu

"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..."
  

11 October

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..."
  

10 October

Billionaire Catsimatidis buys Long Island oil terminal from Phillips 66 - Forbes

"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..."
  

9 October

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..."
  

8 October

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..."
   

5 October

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)..."
  

4 October

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

Gibson Energy Inc. announces commencement of storage expansion and potential crude to rail opportunity at Hardisty Terminal - HeraldOnline.com

"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 storage tank at centre of conflict with state DEC - adn.com

"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..."
  

14 September 2012

Shell withdraws business from Odfjell Terminals Rotterdam - Tank Storage Magazine

"Oil company Shell has ended its storage contract with Norway's tank storage company Odfjell Terminals Rotterdam (OTR)..."
 
Magellan opens biodiesel facility at Des Moines terminal - Reuters

"The Iowa terminal will be able to store and blend 5,000 barrels, or 210,000 gallons of biodiesel..."
  
Pertamina eyes $250 million LPG Terminal - Jakarta Globe

"State energy firm Pertamina revealed on Wednesday that it plans to spend $250 million to build a floating liquefied petroleum gas refrigerated terminal..."
  
Westway tanks could relocate to make way for Under Armour expansion - Baltimore Business Journal

"Westway Terminals Co. knows its days in Locure Point may be numbered..."
 
Report: Isaac damaged 2 tanks, chemicals leaked - CBS News

"A chemical storage facility that flooded during Hurricane Isaac told state officials days after the storm that no more than about 38,700 gallons of chemicals leaked..."
  

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

Netherlands-based bulk liquid terminal plant operator Vopak has standardised on Emerson's DeltaV digital process management system - Plant Engineer

"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

Isaac's damage to Plaquemines Parish chemical storage facility has caused no offsite contamination, officials say - Greater New Orleans

"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..."
  

4 September 2012

OSE board members propose demerger - Tank Storage Magazine

"Odjfell SE (OSE) could be separate from Oiltanking Odjfell Terminal Company Singapore Pte after a meeting on 29 August..."
 
Valero to transform idled Caribbean refinery into storage terminal - San Antonio Business Journal

"Valero Energy Corp. will convert the company's 275,000-barrel-per-day oil refinery in Aruba into a fuel storage facility..."
 
Oiltanking Partners to build extra tankage - Tank Storage Magazine

"Independent storage and transportation company Oiltanking Partners is to build around 3.3 million barrels of additional crude oil strorage capacity..."
 
Correction: Aruba-refinery story - Bloomberg Business Week

"In a story Sept. 3 about a refinery in Aruba that is being converted into a fuel storage facility, The Associated Press reported erroneously that Hess Corp. closed the Hovensa oil refinery..."
 
Savage completes construction of crude terminal - Tank Storage Magazine

"Savage has finished building its crude oil terminal located near Trenton, North Dakota..."
  

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

Chaos demands for answers after Venezuela refinery blast - Terra

"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 -
theday.com Connecticut

"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. announce joint venture discussions - hearldonline.com

"Gibson Energy Inc. and GT Logistics, L.L.C. announced today that they are currently in discussions regarding the formation of a joint venture..."
  

27 August 2012

Venezuela battles flames at largest refinery after deadly blast - Fuel Fix

"Venezuelan firefighters are battling flames for a third day at two storage tanks in the country's largest refinery..."
 
NuStar to shut two Gulf Coast terminals Monday ahead of Isaac - Reuters

"Terminalling and pipeline company, NuStar Energy said on Monday that it was planning on shutting two Gulf Coast terminals at 6pm EDT on Monday ahead of Tropical Storm Isaac..."
 
Loading at Turkey's Ceyhan oil terminal stopped -shippers - Reuters

"The loading of crude tankers has been halted at Turkey's Mediteranean oil export terminal in Ceyhan after a fire in southeastern Turkey..."
  

26 August 2012

Buckeye suspends BORCO jetty operations due to Isaac watch - Reuters

"Buckeye Partners L.P. said on Sunday it has suspended operations at the jetties at the massive BORCO oil storage terminal..."
  

24 August 2012

CB&I awarded EPCM contract for Butadiene Extraction Plant in Belgium - Your Petrochemical News

"CB&I announced today that it has been awarded a contract by BASF for the engineering, procurement and construction management of a new butadiene extraction plant..."
  
Shell signs on as first customer for LNG break bulk terminal - Energy Global

"Gas infrastructure company N.V Nederlandse Gasunie and liquid bulk storage provider Royal Vopak have signed an agreement..."
 
Vopak announces HY1 2012 operating profit - Tank Storage Magazine

"Bulk liquid storage terminals company Vopak as announced that the group's operating profit for the first half of this year is €117.5 million...
 
Oiltanking Partners report Q2 financial results - Tank Storage Magazine

"Independent tank storage provider Oiltanking Partners has reported a second quarter 2012 net income of $16.6 million (€13.3 million).
 

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..."
  

22 August 2012

Dialog's target price cut to RM2.79 - Business Times

"Kenanga Research cut its target price on oil and gas services provider Dialog
Group Bhd..."
 
BP establishes website to assist fuel issues - Convenience Store Decisions

"A batch of fuel shipped from BP's Whiting, Ind. fuel storage terminal contained a higher than normal level of polymeric residue..."
 
Fitch Ennore Tank Terminal's loans rated at 'Fitch BBB+(ind)' - Reuters

"Fitch Ratings has assigned India-based Ennore Tank Terminal's senior bank loans of INR2,850m a National Long-Term rating of 'Fitch BBB+(ind)'.
 
Odfjell ASA-A Shares: Continued weak results - 4-traders

"A second quarter 2012 EBITDA of USD 27 million reflects primarily a soft chemical tanker market..."
  

21 August 2012

ECHO oil terminal far from complete - satellite analysis - Reuters

"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..."
  

17 August 2012

Genesis terminal begins service, increasing traffic along AGR - Tank Storage Magazine

"Midstream energy company Genesis Energy has finished building its crude oil unloading terminal in Florida, US, and the terminal is now in service..."
 
Terminated Shareholder Agreement to build oil storage in Malaysia - Fox Business

"MISC Bhd, the world's largest operator of liquefied natural gas carriers by fleet size, said Friday that it has terminated a shareholder agreement with China Aviation Oil..."
 
Malaysia Pengerang oil terminal on track for Jan 2013 start: partners - Platts

"The Malaysian oil storage terminal at Pengerang in the southern state of Johor is on track for a planned January 2014 start-up..."
 
Tundra adds storage capacity to Cromer terminal - Tank Storage Magazine

"In Canada, crude oil company Tundra Energy Marketing is increasing capacity at its 70,000-barrel oil storage terminal in Cromer...
 
Netherlands buys Gasoline, Diesel in tender to fill storage - Bloomberg

"The Dutch government is buying gasoline after it issued a tender to purchase about 200,000 metric tons of the product and diesel to fill new storage tanks..."
  
Oil producers say economics will decide fate of Black's refinery plan - The Windsor Star

"Canadian oil producers say B.C. newspaper tycoon David Black's plan for a $13 billion oil refinery at Kitimat would open up Alberta's oilsands crude to international markets..."
  

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..."

15 August 2012

Hays Index shows strong sector over past two years - The Global Recruiter

"The Hays Oil & Gas Job Index suggests the sector is still performing well with an 11.98 per cent increase since January this year..."
   
Gulf Petrochem appoints head of Fujairah Oil Terminal - Tank Storage Magazine

"Oil company Gulf Petrochem has named Paul Nix as the head of its new Fujairah terminal, which is due to be operational later this year..."
 
Ecology adopts changes to improve underground storage tank safety - Department of Ecology, State of Washington

"The Washington Department of Ecology has adopted changes to the state's rule for preventing leaks from underground storage tank systems containing petroleum and other hazardous substances..."
 
Milwaukee man arrested for throwing unlit lighter at jet fuel storage tank - TheNorthWestern.com

A Milwaukee man was arrested Tuesday afternoon after he threw an unlit lighter at a storage tank containing jet fuel on the airport grounds..."
 
Town fined for incorrectly labelled storage tanks - Tank Storage Magazine

"In New York's Greene County, Cairo town has been fined by the state after incorrect markings were found on two fuels storage tanks..."
 
LBC to increase Antwerp terminal capacity by end of 2012 - Tank Storage Magazine

"Bulk liquid storage solutions provider LBC Tank Terminals is to increase capacity at its Antwerp terminal by 41,000m³ to meet the market's growing demand..."
 
The Outlook for Oil and Gas Shares: Part 2 - NBCNews.com

"This is the second part of a two-art transcript in which Fool.co.uk's David Kuo welcomes back Malcolm Graham-Wood from VSA Capital to chat about the state of the oil sector..."
 

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 appoints Paul E.W. Nix as Head of new Fujairah Oil Terminal - menafn.com

"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

Reducing fuel prices: increase storage and increase competition - Malta Today

"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..."
   

31 July 2012

Transfield Services win two Pilbara contracts - Australian Mining

"Transfield Services have won two engineering design and construction contracts in the Pilbara with Rio Tinto and Fortescue metals..."
  
Odfjell acknowledges the 'concerns' it has caused and suspends MD - Tank Storage Magazine

"Norway's tank storage company Odfjell Terminal Rotterdam (OTR) has apologised to customers storing products at its tank terminal..."
  
Eco-Energy partners with NuStar to develop ethanol unit train and storage facility in Virginia - Azom.com

"Eco-Energy, an integrated biofuel supply chain firm, has collaborated with NuStar Terminals Operations Partnership for the joint development..."Washington, DC regions.
  

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 to acquire bulk-liquid storage terminal in the Port of London - Yahoo

"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 contractors begin removal of underground storage tank at former Strehlow Garage in Omaha, Neb. - US EPA

"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..."
   

11 July 2012

Valero eyeing Southeastern terminal for gasoline expansion - TankTerminals.com

"Valero is close to a deal to acquire a key terminal in Jacksonville, Fla., OPIS has learned..."
    
Aloha Petroleum gets $32,5000 fine for storage tank violations - Star Advertiser

"The state has fined Aloha Petroleum Ltd. $32,500 for underground storage tank violations, the Department of Health said today..."
 
Reatile Chemicals to buy interest in Vopak Terminal Durban - Tank Storage Magazine

"Reatile Chemicals is to acquire interest in independent tank storage service provider Vopak's South African facility..."
   

10 July 2012

County OKs underground storage tank cleanup agreement - Ramona Sentinal

"San Diego County Board of Supervisors recently approve a revenue agreement with the California Water Resources Control Board to monitor and clean up leaking underground storage tanks..."
   

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

Petronas chafes at its role as Malaysia's piggy bank - The Edge

"State-owned oil company Petroliam Nasional Bhd (Petronas) is tired of being Malaysia's cash trough..."
   

28 June 2012

Storage terminal invites university to view site of proposed expansion project - Tank Storage Magazine

"On Texas' Pelican Island, Galveston Country, Pelican Island Storage Terminal's latest expansion plan has sparked concerns from locals..."
 
APM Terminals enhances Asia-Pacific presence with opening of Singapore office - Port Technology

"New office to focus on Southeast Asian and Indian Sub-continent markets; existing Shanghai office to concentrate on growing Chinese operations and Japan..."
  
Joint venture will create UK's first deepwater fuel import terminal - Port Technology

"Vopak, Shell & Greenergy sign joint agreement to turn Coryton refinery into state-of-the-art import and distribution terminal..."
   

26 June 2012

Honeywell wins automation on Kenya fuel terminal - Hydrocarbon Processing

"Honeywell has won a 2.4m project to deliver a full automation solution for Petrocity's Greenfield Konza terminal storage facility, located 60km southeast of Nairobi, Kenya..."
   
China's CNPC wins approval for LNG storage in Hainan - Reuters

"Top Chinese oil and gas producer China National Petroleum Corp (CNPC) has won approval for a liquefied natural gas (LNG) storage project on Hainan island..."
  
TAMUG wary of tank facility expansion - Galveston Daily News

"Officials with Texas A&M University of Galveston are expected this week to tour the site where Pelican Island Storage Terminals wants to add five new, 106,000-barrel tanks to store and ship No. 6 fuel oils..."
 
Murex NA Ltd, Cetane Energy LLC annouce unit train, storage tank, throughput agreement - Bulk Transporter

"Murex NA Ltd and Cetane Eneergy LLC announced a new crude oil railcar loading agreement in New Mexico..."
   

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..."
     

12 June 2012

Blue Dolphin may acquire redundant refinery - Tank Storage Magazine

"A shut down refinery in Ingleside, Texas could resume operations after independent energy company Blue Dolphin Energy company purchases a 180-day option to acquire the facility..."
   
Rangeland Energy debuts crude oil terminal in Bakken - TankTerminals.com

Rangeland Energy LLC, a developer of midstream crude oil infrastructure, announced today that it has opened a new crude oil loading terminal in the Bakken and Three Forks shale oil producing regions of North Dakota..."
   

10 June 2012

Fire at Dow plant damaged gaskets, protective liners around chemical tanks - phillyBurbs.com

"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..."
   

7 June 2012

SOCAR AURORA Fujairah announces commencement of Phase 2 construction - Energy Digital

"SOCAR AURORA Fujairah Terminal FZC, the joint venture company between SOCAR, the State Oil Company of Azerbaijan Republic, AURORA Progress, the Swiss-bases commodity trading house, and the Government of Fujairah today announced the start of construction..."
   

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

Vopak and Emerson develop software app for managing and optimizing bulk liquid terminals - TankTerminals.com

"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

Used tank supply company reports new trend - PR Web

"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..."
   

23 May 2012

ICTSI gears up for increased activity at Croatian terminal - Port Technology

"ICTSI invested HR23 million to upgrade AGCT's port infrastructure and equipment last year..."
  
UAE's Fujairah Port boosting Oil storage capacity - TankTerminals.com

"Oil storage capacity in the UAE's port of Fujairah is expected to rise to around 7.8 million cubic meters by 2014 from its current capacity of 5.8 million cubic meters..."
   
New Storage terminal planned for Louisiana - Tank Storage Magazine "A consortium has announced plans to build a 10 million barrel oil storage terminal in Louisiana, US..."
   

22 May 2012

Web Tech: Fire Suppression, Quake Fire Study, Respirator Test Procedures - Fire Engineering

"Williams Fire & Hazard Control, a Tyco company, introduced its Ambush Type II and III combination full-surface and seal fire protection system this weekend at the 2012 the International Liquid Terminals Association Conference & Trade Show in Texas..."
    

21 May 2012

MET expands crude oil storage capacity - TankTerminals.com

"Maatschap Europoort Terminal (MET) is extending its terminal in the Rotterdam port area. As the oil must flow onward to Belgium and Germany, the timing of all construction work was critical..."
    
Expansion of Tank Terminal for Stolthaven in Moerdijk, Netherlands - TankTerminals.com

"Stolthaven Terminals has recently acquired the site of Den Hartogh at Moerfijk. On this site Stolthaven currently operates a bulk liquid storage terminal and a tank container depot..."
   

18 May 2012

Chemicals from damaged storage tanks should be cleaned up by Friday - PhillyBurbs.com

"Dow cleanup crews expect to complete the removal of chemical materials Friday from the above-ground storage tanks damaged in a massive fire at the Bristol Township coatings plant..."
   

17 May 2012

UGI Utilities Inc. proposes 3.4 per cent cut in natural gas prices - LehighValleyLive.com

"Lehigh Valley natural gas provider UGI Utilities Inc. is proposing a 3.4 per cent price cut - or more than $3 a month for the typical customer..."
   
US FERC approves new compressor at Elba Island LNG terminal - Platts

"Southern LNG can install a 2,500 horsepower electric compressor at its liquefied natural gas import terminal in Georgia to deal with boil-off gas that is building up..."
   

15 May 2012

Iran plans to build new oil storage facilities in the Northern port of Neka to increase its oil swap capacity to 1.5 million barrels per day - TankTerminals.com

"Managing Director of the Iranian Oil Terminals Company (IOTC) Seyed Pirouz Mousavi told the oil ministry's website that construction of three 150-thousand-barrel oil storage tanks in Neka had been put on tender..."
    
Japan hits record high for container handling - Port Technology

"Japanese ports achieve continuous growth in container handling due to increased distributions with china and Southeast Asian countries..."
     

14 May 2012

Westwego council to meet tonight, still must decide on chemical storage facility expansion - Nola.com

"The Westwego City Council is scheduled to meet tonight and the board still has not decided if a chemical storage facility near River Road can expand..."
    
Fuel tanks approved - Fence Viewer

"The Trenton Planning Board in April approved - with conditions - a request by Acadia Fuel to locate a bulk fuel storage plant at 711 Bar Harbor Rd..."
    

12 May 2012

United Maritime Group to sell its bulk terminal unit in $215 million deal - Marine Log

"United Maritime Group, LLC, Tampa, FL, announced that it has entered into a definitive agreement to sell its wholly owned subsidiary U.S. United Bulk Terminal, LLC..."