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The Autumn issue of Tanks & Terminals opens with Ng Weng Hoong’s discussion of how the latest developments in the Middle East are affecting storage and stockpiling plans across Asia and Australasia. Further articles discuss a variety of features such as safety and security, digitalisation and cybersecurity, tank gauging and flow control, sustainability, and much more.

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Home/News

Latest News

Stay up to date with the latest news and updates from the tanks and terminals industry.

ILTA commits to holding annual conference and trade show in 2020
17 Apr 20201 min read

ILTA commits to holding annual conference and trade show in 2020

ILTA has committed to holding its annual conference and trade show in 2020, moving the dates to 16 – 18 November.

Ukraine may hold key to Europe’s gas storage crunch
17 Apr 20204 min read

Ukraine may hold key to Europe’s gas storage crunch

New analysis from Wood Mackenzie suggests October may prove critical for the European gas storage market.

US crude stock builds break records
16 Apr 20202 min read

US crude stock builds break records

Rystad Energy has reported that US crude stock builds have broken records as refinery runs are forecast to fall by 3.8 million bpd.

Wood Mackenzie: Saudi Arabia crude OSPs bode well for Asia
16 Apr 20203 min read

Wood Mackenzie: Saudi Arabia crude OSPs bode well for Asia

Wood Mackenzie has reported that Saudi Arabia’s May 2020 Official Selling Prices for crude exports target Asian refiners with steep discounts.

GP Global acquires lubricant blending plant and storage tanks
15 Apr 20202 min read

GP Global acquires lubricant blending plant and storage tanks

GP Global has announced the acquisition of Grand Petroleum’s lubricant assets.

PGNiG performs first LNG truck loading operation in Lithuania
14 Apr 20202 min read

PGNiG performs first LNG truck loading operation in Lithuania

PGNiG has sold the first two LNG cargoes from the reloading station in Klaipeda, Lithuania.

OPEC+ agrees massive deal to cut oil output
14 Apr 20202 min read

OPEC+ agrees massive deal to cut oil output

OPEC producers and its allies have agreed a record deal to cut oil output in light of the coronavirus pandemic.

US to fill one third of its crude storage capacity in April
9 Apr 20203 min read

US to fill one third of its crude storage capacity in April

Continued production and collapsing demand means that the US is set to fill one third of its available crude storage in April, according to Rystad Energy.

ExxonMobil cuts CAPEX by 30%
8 Apr 20204 min read

ExxonMobil cuts CAPEX by 30%

ExxonMobil has announced reductions in 2020 capital spending by 30% and cash operating expenses by 15% in response to low prices and COVID-19.

EIA: US to return to being net importer of crude and petroleum products
8 Apr 20201 min read

EIA: US to return to being net importer of crude and petroleum products

The EIA has announced that it expects the US to return to being a net importer of crude oil and petroleum products as production declines.

Servelec Technologies reveals new company name
8 Apr 20202 min read

Servelec Technologies reveals new company name

Servelec Technologies, along with sister company Primayer, have announced a new, unified company name and brand: Ovarro.

PGNiG starts operations in Lithuania
3 Apr 20203 min read

PGNiG starts operations in Lithuania

PGNiG has announced that it is the sole user of a small-scale LNG reloading station in Lithuania.

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