Oil Storage News

BP Eyeing Sale of U.K. Oil Terminals & Pipeline Stake
United Kingdom >> 7/20/2016 - British oil company BP Plc is selling off a string of fuel storage terminals as well as its stake in an big pipeline as part of a shake-up of its operations in the U.K. that affects around 350 jobs, T...
Gazprom Neft Launches New Logistics Scheme for Transhipments of Arctic Oil
Russia >> 2/10/2016 - The first consignments of oil from the Novoportovskoye and Prirazlomnoye fields have been delivered to the Umba storage tanker, anchored in the Kola Bay — allowing the full-scale utilisation of a new ...
OTTCO Plans Another Ship to Floating Storage Facility
Oman >> 1/20/2016 - Oman Tank Terminal Company (OTTCO) is contemplating another vessel at its floating storage facility at Mina Al Fahal following strong demand for capacity. “We are now contemplating another ship. There...
Mashreq in Talks to Terminate Liquid Bulk Station Contract
Egypt >> 11/23/2015 - Mashreq Petroleum, a subsidiary of Qalaa Holdings, is in negotiations with the General Authority of the Suez Canal Economic Zone to terminate a contract to build, operate and transfer a liquid bulk st...
Iran Develops Caspian Port for Oil Tankers
Iran >> 6/30/2015 - Iran is developing an oil terminal in a northern Caspian port to allow docking by large tankers, an official said. With the development of the terminal, 14,000-ton oil tankers will be able to anchor i...
Oando Energy Reports Fire Incident at Ebocha Oil Centre
Nigeria >> 6/30/2015 - Oando Energy Resources Inc reports a fire incident which started on 28th June 2015 involving two crude storage tanks at the Ebocha Oil Centre in Rivers State. In the early hours of 30th June 2015, a t...
Rosneft & Pertamina to Study Prospects of Cooperation
Indonesia >> 6/19/2015 - Rosneft and Indonesian Pertamina signed a Memorandum of Understanding within the St. Petersburg International Economic Forum. The document was signed by Rosneft Chairman of Management Board Igor Sechi...
Iran Building 2nd Aframax Tanker
United Kingdom >> 6/16/2015 - Iran Marine Industrial Company (Sadra) is manufacturing a second Aframax oil tanker, the chairman of Sadra Board of Directors said. ...
Lukoil & Amic Energy Management Close Sale of Retail Network in Ukraine
Ukraine >> 4/29/2015 - Today, LUKOIL Europe Holdings BV, a subsidiary of OAO “LUKOIL”, and AMIC Energy Management GmbH, Austria, have closed the sale of 100% of LUKOIL-Ukraine CFI which owns around 240 filling stations and ...
Taiwan CPC Buys Rare North Sea Crude Cargo via Tender
Taiwan >> 4/23/2015 - Taiwan's CPC Corp bought a rare cargo of North Sea Forties crude as it seeks to diversify supply, a source familiar with the matter said. ...
Iran Holds More than 20 mln bbls Oil on Ships
Iran >> 3/25/2015 - Iran is storing more than 20 million barrels of crude on board its supertankers moored off the country as western sanctions continued to curb Iranian oil sales globally, Reuters data showed. ...
Plains Acquires Williston Basin Crude Oil Terminal Under Constructio
United States >> 2/27/2015 - Plains All American Pipeline, L.P. has acquired Legion Terminals, LLC, which owns a crude oil terminal under construction in Johnson's Corner, McKenzie County, N.D. The terminal, which is expected to...
Rosneft Announces Large Semi-annual Oil Cargoes Tender
Russia >> 2/10/2015 - Russia's top crude oil producer Rosneft has announced a semi-annual tender to sell oil cargoes between April and September, industry sources told Reuters. ...
Iran Inaugurates Huge Oil FSU in Persian Gulf
Iran >> 2/9/2015 - A huge floating storage unit (FSU) with a capacity to store over 2.2 million barrels of crude oil came on stream in the Persian Gulf. ...
Lukoil Starts Upgrade of Lube Plant in Austria
Austria >> 1/29/2015 - Vagit Alekperov, OAO LUKOIL President, attended a ceremony, in Vienna, dedicated to the start of construction of a bulk-oil transshipment and storage terminal (tank battery) which will make it possibl...
BP Puts its Amsterdam Oil Terminal up for Sale
BP Puts its Amsterdam Oil Terminal up for Sale United Kingdom >> 1/22/2015 - BP announced today that it intends to sell its 950,000 cubic metre capacity oil storage terminal in Amsterdam. ...
Taleveras to Create Largest Oil Terminal in Equatorial Guinea
Taleveras to Create Largest Oil Terminal in Equatorial Guinea Equatorial Guinea >> 1/5/2015 - Taleveras Group, the leading supplier of crude oil and refined petroleum products in West Africa, signed an agreement with The Ministry of Mines, Industry and Energy of Equatorial Guinea, in Malabo on...
Bahregan Oil Storage Capacity at 5.8mb
Iran >> 11/15/2014 - The capacity of crude oil storage at Bahregan facility has increased to 5.8 million barrels, managing-director of Iranian Offshore Oil Company (IOOC) has said. ...
CB&I Awarded $90m Contract to Overhaul Oil Storage Tanks in UAE
United Arab Emirates >> 10/7/2014 -  CB&I has signed a contract for nearly $90 million with Abu Dhabi Marine Operating Co. (ADMA-OPCO) to conduct a major overhaul of five crude oil storage tanks on Das Island, the site of ADMA-OPCO's ma...
Candax Announces On-Going Operations at Zarzis Oil Storage Terminal
Tunisia >> 10/3/2014 - Candax Energy Inc, a company focused on mature oil field development in Tunisia, announced on-going operations at Zarzis Oil Storage Terminal operated by Maretap. ...

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