Thursday 26 May 2016
 
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storage

Blumberg Grain to sign wheat silos deal with Algeria in weeks

Blumberg Grain is looking to sign a deal within the coming weeks with Algeria's state grain agency OAIC to build high-tech wheat silos that can store up to 1 million tonnes of the grain. "We are looking to sign something

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IKEA opens massive distribution centre in Dubai South

IKEA Group, a global leader in well-designed ready-to-assemble furniture and home accessories, has opened its first distribution centre in the Middle East in Dubai, UAE, to support the brand’s ambitious plans to expand across the region.

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IKEA opens massive distribution centre in Dubai South

IKEA Group, a global leader in well-designed ready-to-assemble furniture and home accessories, has opened its first distribution centre in the Middle East in Dubai, UAE, to support the brand’s ambitious plans to expand across the region.

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Iran's oil storage struggle holds back exports to Europe

Iranian oil flows to Europe have begun to pick up from a slow start after sanctions were lifted in January, but trading sources said a lack of access to storage part-owned by Tehran's Gulf Arab rivals now looms large on a list of obstacles

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Iranian oil tanker leaves sea storage fleet for China

An Iranian oil tanker sailed from Iran headed for China, becoming the second ship in days to be despatched from the country's floating storage fleet, Reuters ship tracking showed on Thursday.   The Sinopa tan

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Saudi pilot carbon storage project may boost recovery rates

Saudi Arabia's first carbon capture and storage pilot project, located at its Ghawar oilfield, may boost oil recovery rates by 20 percentage points, oil minister Ali al-Naimi said. Carbon storage schemes are being promoted aro

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TechAccess, Fujitsu in strategic distributor partnership

TechAccess, a specialised value-added IT distributor, has partnered with Fujitsu to cement its place in the enterprise technology space and offer its channel partners infrastructure and business solutions.   The

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Kuwait Petroleum to boost Europe investment

Kuwait Petroleum International (KPI) is planning more investments in Europe, including into storage terminals and other oil-related facilities to help to provide more outlets for the fuels it produces.   Khaled A

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Oman opens floating storage facility at Mina Al Fahal

Oman Tank Terminal Company (Ottco), a subsidiary of Oman Oil Company (OOC), has launched a new floating storage facility recently, according to a report.   The 2.1 million barrel capacity facility at Mina Al Faha

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US oil storage becomes big business

Commercial crude stocks across the United States rose by 105 million barrels early this year to peak at 490 million barrels, the highest level in eight decades. Despite some draw downs in recent weeks, which have reduced inventori

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