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Storage

CB&I awarded contract by Viva Energy for terminal diesel tank replacement project in Melbourne

CB&I, a wholly owned unrestricted subsidiary of McDermott, has been awarded a sizeable ($10 MM–$50 MM) lump sum contract by Viva Energy for engineering, procurement and construction (EPC) of two 10ML diesel tanks and associated civil, structural, mechanical and piping works for its diesel tank replacement project, located in Newport, Melbourne, Australia.

U.S. crude stocks, gasoline and distillate inventories rise

U.S. crude stocks, gasoline and distillate inventories rose in the week ending Nov. 1, the Energy Information Administration (EIA) said on Wednesday.

Needle coke and synthetic graphite: Advance performance through technology application

Chevron Lummus Global: A. A. Faegh

This article looks at the global graphite market and future demand. In turn, it details the author's company's proven delayed coking technology through conventional and two-step processes to produce carbon precursors for synthetic graphite and needle coke for graphite electrodes.

Enterprise opens new facility in Utah to expand strategic fuel storage

Enterprise Products Partners said the second phase of its Texas Western Products System, which houses 400,000 bpd of gasoline and diesel, was now complete with truck loading operations beginning at company's fuel terminal located in Utah.

Singapore distillates stocks slip to below 9 MMbbl

Singapore's middle distillates stocks fell for the third straight week to below 9 MMbbl as gains in net exports of jet fuel offset a drop in gasoil exports.

Vopak Energy Park Antwerp starts market consultation for ammonia storage

Vopak is launching a market consultation for the storage of ammonia at its Vopak Energy Park Antwerp site in Belgium. The market consultation aims to gauge market interest and to gather detailed insight into customer demand. Vopak Energy Park Antwerp intends to finish the currently ongoing pre-FEED study by the end of 2024. Subject to market interest and a positive FID the start of operations is currently foreseen in 2029.  

China's surplus crude oil hits nearly 1 MMbpd for September

The weak position of China's crude oil sector was underlined by September data showing a sixth consecutive monthly drop in refinery processing, leading to nearly 1 MMbpd of oil being available for storage.

Singapore marine fuel sales down for second month in Sept., though biofuels climb

Sales of marine bunker fuel at Singapore eased for a second consecutive month in September, though marine biofuel sales surged to a fresh record high.

CB&I awarded contract by Saipem Clough JV for Perdaman project in Western Australia

CB&I has been awarded a lump sum contract by the Saipem Clough JV for engineering, procurement and construction of ammonia storage and other process tanks for the Perdaman Chemicals and Fertilisers Urea Plant located on the Burrup Peninsula, Western Australia.

Consortium to purchase CB&I from McDermott

A consortium led by Mason Capital Management announced that it has entered into a definitive agreement to acquire the CB&I storage solutions business from McDermott International, Ltd.

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