Terminal News
Yesterday, an explosion at the New American Oil Refinery in Neuquen, Argentina caused a fire. Three workers died while fire fighters worked to control the fire. The mayor of Plaza Huincul, Gustavo Suarez, says they tried to control the fire immediately so it did not spread to other adjoining tanks.
The Petroleum union declared a strike after the accident. Reports are still unsure of how the fire started.
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Aramco has announced 17 Memoranda of Understanding (MoUs) and agreements with a potential total value of more than $30 billion (€26 billion) with major companies in the US, through its
Dialog has announced the expansion of Phase 3 of the Pengerang Deepwater Terminals (PDT) in Pengerang, Johor, southeastern Malaysia, following the entry into a conditional long term service agreement (LTSA)
The Japan Organization for Metals and Energy Security (JOGMEC) has renewed its agreement with Saudi Aramco for crude oil storage, transportation, and tank leasing for the next three years. JOGMEC
US oil major, ExxonMobil, plans to close its ethylene plant located in Fife, Scotland, by 2026, impacting around 200 local jobs. The company has cited difficult market conditions and UK
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