Tuesday 21 April 2015
 
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storage

Fuel storage facility in Salalah to be ready in November

A multi-million dollar fuel storage depot is being developed at the Salalah Port by Dubai-based Mina Petroleum, which specialises in commodity trading and full-cycle logistics for delivery of petroleum products, according to a report.

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Dubai to lead talks on global oil storage issues

International industry leaders will come together in Dubai this month to debate the increasingly critical issue of global oil storage and its impacts on the Middle East oil and gas industry, as countries around the world reach critical capacity

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Orpic plans pet coke storage, handling facility

Oman Oil Refineries & Petroleum Industries Company (Orpic) is planning major investments in storage and handling facilities for petroleum coke, a report said. Pet coke, large quantities of which will be produced upon commissio

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Orpic plans pet coke storage, handling facility

Oman Oil Refineries & Petroleum Industries Company (Orpic) is planning major investments in storage and handling facilities for petroleum coke, a report said. Pet coke, large quantities of which will be produced upon commissio

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Iran storing 30 million barrels of oil at sea

Iran is storing at least 30 million barrels of oil on its fleet of supertankers as Western sanctions continue to keep a lid on sales, tanker market sources say.   World powers are trying to reach a framework deal

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Mashreq Petroleum storage project on track

Egypt’s Mashreq Petroleum Company is on schedule to complete the $60-million first phase of its project to store petroleum products and fuelling ships within the next two months, its chairman said. The company is planning to

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Mashreq Petroleum storage project on track

Egypt’s Mashreq Petroleum Company is on schedule to complete the $60-million first phase of its project to store petroleum products and fuelling ships within the next two months, its chairman said. The company is planning to

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Puma Energy buys refinery for storage

Puma Energy has bought the Milford Haven oil refinery in Wales and other UK assets of Murphy Oil Corporation, it said yesterday, with plans to turn the Welsh site into a storage terminal. Puma Energy, which is part-owned by Swiss-

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Most supertankers empty as contango play fades

Only a few of the supertankers still chartered by traders for storage are filled with crude because a play to hold cheap oil and sell it later has lost momentum after prices recovered from six-year lows more quickly than expected.

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Fujairah oil storage capacity may rise 75pc

Oil storage capacity in the United Arab Emirates port of Fujairah is expected to rise 6 million cu m (mcm) by 2020 to around 14 mcm, a senior port official told Reuters on Thursday. The port, which lies outside the Strait of Hormu

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