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Indonesia's Pertamina to Build New Fuel Terminal Following Deadly Fire

Aug 08, 2023

Indonesia's state energy company PT Pertamina said on Tuesday it will develop a fuel storage facility in north Jakarta, following a deadly fire that broke out at a terminal earlier this year and spread into a densely populated residential area.Pertamina has been under pressure to modernize and relocate from its Plumpang fuel terminal, one of Indonesia's oldest fuel storage facilities, after the March fire…

Russia Planning New Sea Terminal for LPG Exports to Asia

May 22, 2024

Russia will likely open its first liquefied petroleum gas (LPG) terminal on the Pacific Ocean coast with joint investments from China by the end of 2025, two industry sources said on Wednesday.Last week, Russian Direct Investment Fund (RDIF)…

MISC to Supply FSU for Petronas LNG Regasification Terminal

Oct 31, 2023

Malaysia's MISC has entered into a binding Heads of Agreement (HOA) with Pengerang LNG (Two) Sdn. Bhd. (PLNG2SB), a subsidiary of PETRONAS Gas Berhad (PGB), for the supply, operation, and maintenance of a Liquefied Natural Gas (LNG) Floating…

Australia Gas Price Cap Boosts LNG Import Terminal Plans but Adds risk

Dec 14, 2022

Australia's plan to control domestic natural gas prices, which producers say will deter the development of new supply, is expected to boost the prospects for proposed LNG import terminals but potentially defeat the government's aim to cut energy bills…

Svanehøj Inks Deal to Supply Chinese LNG-import Terminal

Oct 24, 2022

In February 2023, Svanehøj Tank Control Systems will deliver the tank gauging system for COOEC’s six new LNG tanks for the Longkou Nanshan LNG Terminal which is under construction.Global investments in LNG are increasing, not least in China…

McDermott's CB&I Nets Another Philippines LNG Terminal Deal

Aug 18, 2021

McDermott's CB&I Storage Solutions business has been awarded a contract by Atlantic Gulf and Pacific Company of Manila, Inc. (AG&P) to build a second LNG storage tank and double-wall LNG bullet for AG&P's Philippines LNG import and regasification…

Iran Opens Gulf of Oman Oil Terminal to Avoid Hormuz Strait

Jul 22, 2021

Iran has opened its first oil terminal in the Gulf of Oman, Iranian President Hassan Rouhani said on Thursday, to allow Tehran to avoid using the Strait of Hormuz shipping route that has been a focus of regional tension for decades.'This is a strategic move and an important step for Iran…

AG&P Gets OK to Develop the Philippines LNG Import Terminal in Batangas Bay

Mar 08, 2021

- Atlantic Gulf & Pacific Company (AG&P) said on Monday its Philippines subsidiary has received the green light to develop a liquefied natural gas (LNG) import and regasification terminal in Batangas Bay, south of Manila.The firm, part owned…

Force Majeure Declared at Two Oil Terminals in Malaysia

Jan 04, 2021

Malaysia's Petronas said on Monday force majeure had been declared at its Miri and Cendor crude oil terminals in the final quarter of 2020.Petronas declared force majeure at its Miri crude oil terminal on Oct. 29 as a result of the MV Dayang Topaz vessel collision on Oct…

Current News

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

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US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

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