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Tanks/Terminals/Storage

McDermott International, Inc. today announced it has been awarded a contract by a major oil and gas operator for six crude oil storage tanks in Texas. Read more

Tanks/Terminals/Storage

CIMA Services LP recently completed civil and structural construction work for a terminal on the Houston Ship Channel. Read more

Tanks/Terminals/Storage

The improvements are supported by a long-term agreement with a major refiner and are expected to be completed by the end of the second quarter of 2020. Read more

Tanks/Terminals/Storage

Stainless steel tanks have been a viable solution for fluid storage but are now also being considered for repair and refurbishing options. Read more

Tanks/Terminals/Storage

Magellan Midstream Partners, L.P. announced today an agreement to sell three marine terminals to Buckeye Partners, L.P. for $250 million. Read more

M&A/Investment

A newly formed Houston pipeline company has landed $400 million in financing from San Antonio private equity firm EnCap Flatrock Midstream. Read more

M&A/Investment

North America to drive global LNG liquefaction industry; Excelerate Energy, Maran execute agreement for FSRU; First unit at Elba Island facility enters commercial service Read more

Tanks/Terminals/Storage

According to an analysis conducted by The Perryman Group, Texas' oil and gas sector is responsible for 2 million jobs, $120 billion in personal income and $200 billion in economic benefits. Read more

Engineering, Procurement & Construction

Maintenance and capital project planners often look at tank insulation as a necessary expense and seek the cheapest form of insulation available, which results in excessive operational, maintenance and repair costs over the life of the system. Read more

Tanks/Terminals/Storage

Enterprise and Enbridge agreed to focus commercial development efforts on Enterprise’s Sea Port Oil Terminal (“SPOT”) deepwater crude oil terminal. Read more

Tanks/Terminals/Storage

Energy Transfer expands vast pipeline network and acquires strategic position on the Houston Ship Channel. Read more

M&A/Investment

Anyone familiar with the aboveground storage tank industry can attest that: Even if two tanks are produced from the same drawing, they will have their own unique characteristics. Every tank has its own personality. Read more

Tanks/Terminals/Storage

The Guadalajara and Monterrey terminals are to be constructed under separate joint venture arrangements with no cash contributions from Valero. Read more

Tanks/Terminals/Storage

Elengy and Rubis Terminal have signed a memorandum of understanding (MOU) to launch preliminary studies for the development of an LNG storage facility at the Reichstett (Bas-Rhin) storage terminal. Read more

Tanks/Terminals/Storage

Delivery of 2.4 million barrels of tankage ahead of schedule Read more

Tanks/Terminals/Storage

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Buckeye Partners, L.P.

Entities include 6,000 miles of pipeline, with over 100 delivery locations and 115 liquid petroleum products terminals. Read more

M&A/Investment

Crude stocks at the Cushing, Oklahoma, delivery hub rose by 1.7 million barrels. Read more

Refining & Petrochemical Processing

North America is expected to drive capacity growth... Cameron LNG's first train of the liquefaction-export project... FERC recently formally accepted Commonwealth LNG LLC's... Freeport LNG recently shipped the first LNG commissioning cargo... Read more

Tanks/Terminals/Storage

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Photo Courtesy by Stephen Morton

As U.S. plastics exports grow, suppliers are looking to diversify supply chain solutions and mitigate risk by creating options outside of Texas, where most of the product is made. Read more

Tanks/Terminals/Storage

Industrial storage firm Vopak will develop a new terminal in China and expand existing ones in Belgium and Mexico to focus on chemicals as its oil terminals in Singapore become less profitable due to new shipping rules. Read more

Tanks/Terminals/Storage