News

Three oil export terminals in the Gulf of Mexico have now reopened after being closed on 2 January. The state-owned company Petroleos Mexicanos, or Pemex, was forced to close its sites at Dos Bocas port, Coatzacoalcos and Cayo Arcas due to bad weather. Dos Bocas port reopened yesterday (4 January), while its two larger sister sites reopened on 3 January. However, closures during winter and…
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Langsat Terminal, Vopak, Petronas, DoveChem, Oiltanking, MMC Oil and Gas, MISC, LBC, SK Energy, Jurong Port, ConocoPhillips, Thai Oil, Dialog, Sime Derby - just some of the names registered for next week's Tank Storage Asia expo & conference, on 10-11 November at the Hotel Maya in Kuala Lumpur, Malaysia. The two day conference and exhibition, organised by market leading publication Tank…
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Oil producers have set their stocks out to sea by storing 50 million barrels in supertankers, as supply floods the market. The swell in floating storage, which constitutes enough to meet France' oil imports for a month and the biggest since late 2001, is likely to pressure the Opec oil cartel to make commit to a greater production plunge to reduce stocks. 'Everybody is supporting a…
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