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Storage

Singapore distillates stocks tick up for fifth week

Singapore's middle distillates inventories advanced for the fifth consecutive week to their highest in seven weeks, as persistent weakness in diesel/gasoil exports countered a jump in jet fuel/kerosene exports.

Chevron sees California's fuel inventory law raising prices for customers

Chevron said that California's recently enacted legislation on oil refineries needing to maintain minimum fuel stocks was "flawed."

EIA: U.S. crude, gasoline inventories rise, distillates draw down

U.S. crude oil and gasoline inventories last week rose more than forecast, while distillate stockpiles posted a larger-than-expected draw, the Energy Information Administration (EIA) said.

Samsung E&A-CTCI JV awarded $417-MM EPC contract to build ethylene storage in Qatar

Samsung E&A-CTCI JV was awarded an engineering, procurement and construction contract from Ras Laffan Petrochemicals for the $417-MM, 30,000-t Qatar RLP Ethylene Storage EPC project. 

Technip Energies, Shell Catalysts & Technologies move towards an exclusive global alliance for carbon capture

Technip Energies and Shell Catalysts & Technologies have agreed to strengthen their relationship and will be moving towards global exclusivity for the delivery of amine-based post-combustion carbon capture based on Shell’s cutting-edge CANSOLV CO₂ capture system.

CB&I awarded contract by Viva Energy for terminal diesel tank replacement project in Melbourne

CB&I, a wholly owned unrestricted subsidiary of McDermott, has been awarded a sizeable ($10 MM–$50 MM) lump sum contract by Viva Energy for engineering, procurement and construction (EPC) of two 10ML diesel tanks and associated civil, structural, mechanical and piping works for its diesel tank replacement project, located in Newport, Melbourne, Australia.

U.S. crude stocks, gasoline and distillate inventories rise

U.S. crude stocks, gasoline and distillate inventories rose in the week ending Nov. 1, the Energy Information Administration (EIA) said on Wednesday.

Enterprise opens new facility in Utah to expand strategic fuel storage

Enterprise Products Partners said the second phase of its Texas Western Products System, which houses 400,000 bpd of gasoline and diesel, was now complete with truck loading operations beginning at company's fuel terminal located in Utah.

Singapore distillates stocks slip to below 9 MMbbl

Singapore's middle distillates stocks fell for the third straight week to below 9 MMbbl as gains in net exports of jet fuel offset a drop in gasoil exports.

Vopak Energy Park Antwerp starts market consultation for ammonia storage

Vopak is launching a market consultation for the storage of ammonia at its Vopak Energy Park Antwerp site in Belgium. The market consultation aims to gauge market interest and to gather detailed insight into customer demand. Vopak Energy Park Antwerp intends to finish the currently ongoing pre-FEED study by the end of 2024. Subject to market interest and a positive FID the start of operations is currently foreseen in 2029.