storage
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INE Approves PetroChina as Storage Facilities for LSFO Futures
Tuesday, 15th December 2020
Shanghai International Energy Exchange (INE) approved PetroChina International Middle East as overseas storage facilities for lower Sulphur fuel oil (LSFO) futures.
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Kenyan KPC, KPLR Sign 3-Year Lease Agreement
Wednesday, 15th March 2017
Kenya Pipeline Company (KPC) has signed a 3-year lease agreement with Kenya Petroleum Refineries Limited (KPRL) as it looks to expand the country’s oil storage capacity. -
Pumangol to Build Aircraft Fuel Facility
Tuesday, 3rd January 2017
Pumangol will invest $295m to build aircraft fuel storage and distribution units at airports in Luanda, Huíla, Benguela and Cunene. -
Turkey Gets Its First FSRU
Tuesday, 20th December 2016
The floating, storage, and re-gasification unit (FSRU) Neptune, previously known as GDF Suez Neptune, has arrived near Aliaga on the Agean Sea where it will be used as Turkey’s third LNG import terminal. -
Lekoil Pumped Oil from Otakikpo to Storage Tanks
Thursday, 15th December 2016
Lekoil announced that oil is flowing at the Otakikpo marginal field in Nigeria to onshore storage tanks, where it will later be transferred upon completion of the offshore pipeline. -
Ukraine Ready to Allow Foreign Companies to Export Gas
Sunday, 15th May 2016
The Minister of Energy and Coal Industry of Ukraine said that the country is ready to make its underground gas storage facilities available to foreign companies, including Turkish ones, for its further transportation to the EU. -
Iraqi Forum Reappraising Oil Costs, Foreign Investor Terms
Monday, 8th June 2015
The 2009 bids only managed to hand over control to international oil companies -
Oil Market Copes with Storage Limits as Demand Soars
Thursday, 21st May 2015
The oil market is coping with storage capacity limits because demand for products such as petrol has been unexpectedly strong, says a senior executive at the world’s biggest independent oil trader. -
Oman May Issue Tenders Soon for Floating Storage Unit
Wednesday, 29th April 2015
Oman Tank Terminal Company (OTTCO) plans to start operating a floating storage unit later this year to ease trade of crude oil futures on the Dubai Mercantile Exchange (DME), trade sources said on Tuesday. -
Emirates Gas Company Completes 4.1 bcm Dutch Storage Facility
Thursday, 2nd April 2015
TAQA started to inject gas on Wednesday into its newly-completed Bergermeer gas storage facility in the Netherlands, the Arab Emirates energy company said.
Latest News
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Egypt Plans to Achieve Diversity in Clean Energy Resources by 2025: El Molla
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GUPCO to Invest $562 MM in FY 2020/21
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El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
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Egypt Launches First Natural Gas Stations App
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Loading ...| Commodity CMDTY | Units | Price | Change |
| Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
| Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
| NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
| OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021