Read the latest updates and news from across the industry.

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Singapore’s new safety case regime [Regulatory Update]

The new safety case regime enhances and streamlines regulations for major hazard installations and promotes a better understanding of major accident hazards and risks. Download article >>>


MPLX LP Acquires US Gulf Coast Export Terminal

Marathon Petroleum’s master limited partnership company MPLX has acquired an eastern US Gulf Coast liquids and chemicals export terminal from Pin Oak Holdings in a $450m deal. Read more >>>


CVR Refining to sell Cushing storage terminal

CVR Refining plans to sell its Cushing, Oklahoma crude oil tank terminal and is considering bids from potential purchasers. Read more >>>


BPGIC starts expansion of Fujairah storage terminal

Brooge Petroleum and Gas Investment Company (BPGIC) has started work on the second phase of its Fujairah terminal with an extra 601,600 m3 of storage capacity. Read more >>>


Odfjell completes sale of Rotterdam terminal to Koole

Koole Terminals has now become 100% owner of Odfjell Terminals Rotterdam. The facility, located in the heart of the Port of Rotterdam, will be rebranded to Koole Tankstorage Botlek (KTB). Read more >>>


RWE and German LNG Terminal Sign Capacity Contract for Germany’s First LNG Terminal

RWE, one of Europe’s leading energy companies, and German LNG Terminal GmbH, the joint venture driving forward Germany’s first LNG terminal in Brunsbüttel in Northern Germany, have reached an agreement for a considerable part of the terminal’s capacity on a long-term basis. Read more  >>>


Targa Resources to sell US storage facilities

Targa Resources has executed agreements to sell its refined products and crude oil storage and terminalling facilities to an affiliate of ArcLight Capital Partners for $160 million. Read more >>>


INEOS Celebrates its 20th anniversary with €200 million European investment in its Oxide business

INEOS today celebrates its 20th anniversary at its first site in Antwerp. As it marks the occasion, INEOS Oxide has announced investment of €200 million into its business, with €150m of this to be spent directly at its Zwijndrecht site, in Antwerp, where its incredible story of success began in 1998. Read more >>>


Safety cases – the challenges and opportunities for terminals [Regulatory Update]

Dr. Sukhy Barhey and Emily Sin from BMT Group examine some of the opportunities and challenges for storage operators in Singapore when submitting a safety case. Read more >>>


How to protect storage terminals from cyber security threats [Regulatory Update]

Sujith Panikkar, functional safety expert from HIMA Asia Pacific provides an overview of the functional safety standards that require facilities to consider cyber security threats, what operators need to know and how to ensure they are compliant. Read more >>>


IMO 2020: Oil markets need certainty [Regulatory Update]

Sean Evers, managing partner, Gulf Intelligence explains how many questions surrounding IMO 2020 remain unanswered, resulting in a lack of clarity on how the market should respond. Read more >>>


ILTA annual review 2018 report

The 38th annual ILTA saw more than 4,100 tank terminal professionals gather to discuss the latest market trends affecting terminal operations in the US, network and do business in one of the country’s most important oil and gas hubs. Download report >>>


India to overtake China as world’s largest demand centre

India will overtake China as the world’s oil demand driver by 2024. Read more >>>


Vopak reports on HY1 2018 – Expansions, investments & strategic review

Vopak has announced it will expand its chemical terminal in Indonesia, invest in its Rotterdam, Antwerp and Singapore terminals and conduct a strategic review of its terminals in Algeciras, Amsterdam, Hamburg & Tallinn. Read more >>>


Knowledge afternoon tank well fire fighting [Website in Dutch]

On Thursday 4 October, H2K is organizing a knowledge afternoon on active and passive tank well fire fighting at the Spinel Safety Center in Dordrecht, in collaboration with the Antea Group from 1:00 pm to 4:30 pm. Read more >>>


SEA-Invest & MOL Chemical Tankers to build storage terminal

MOL Chemical Tankers and SEA-Invest are investing up to €400 million to build a chemical storage terminal in the Port of Antwerp. Read more >>>


EEMUA 159 CompeTank

EEMUA 159 CompeTank® is the official EEMUA training, assessment and certification scheme for tank integrity assessors, engineers, managers and others responsible for process safety and for the safe operation and maintenance of in-service storage tanks for bulk fluids. Read more >>>