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 ...
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 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.
TAQA started to inject gas on Wednesday into its newly-completed Bergermeer gas storage facility in the Netherlands, the Arab Emirates energy company said.
Mashreq Petroleum Company is set to complete the first phase of its project to store petroleum products and fueling ships within the next two months, company chairman Tarek Abu Bakr said.