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Results:1 - 10 of 703 Storage,Refining

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  • Russia is expected to witness the highest global working gas storage capacity additions, contributing around 21% of global additions by 2024, according to the latest analysis from GlobalData.Russia is likely to increase working gas storage capacity by 585bn cf by 2024, of which nearly 573bn cf ...

    • Availability: Online
    • Record type: News Item

  • ADNOC Onshore, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), has awarded two engineering, procurement and construction (EPC) contracts to upgrade two main oil lines and crude receiving facilities at the Jebel Dhanna terminal in the Emirate of Abu Dhabi.The EPC contracts have a combined...

    • Availability: Online
    • Record type: News Item

  • It has been a long and costly two decades of carbon capture and storage (CCS) studies and test centres. Now Europe has reached a stage where big-scale developments make financial sense and could trigger up to $35bn in development spending until 2035 – by which time as much as 75mn tonnes of CO2 coul...

    • Availability: Online
    • Record type: News Item

  • Global oil refining capacity is set to continue to expand despite the demand and price shock caused by COVID-19, according to BloombergNEF (BNEF). It forecasts global investment in new downstream oil refining and integrated chemicals capacity will average $5bn/y to 2025, leading global crude distill...

    • Availability: Online
    • Record type: News Item

  • The integration of offshore energy systems, including oil and gas, renewables, hydrogen and carbon capture and storage (CCS), could deliver approximately 30% of the UK’s total carbon reduction requirements needed to meet the 2050 net zero target, according to the Oil an...

    • Availability: Online
    • Record type: News Item

  • The current business environment may be clouded with uncertainty, but with their tanks full, storage terminal operators are looking ahead with some confidence, reports Peter Mackay.

    • Availability: In the library|Online
    • Record type: Article

  • UKPIA has published its 2020 Statistical Review.Key statistics this year include:  £31.8bn was collected in tax from road fuel duty and VAT in 2019, slightly higher than the 10-year average receipts (£30.8bn).The UK continues to be an overall importer of petroleum products,&...

    • Availability: Online
    • Record type: News Item

  • According to a new report by Wood Mackenzie, oil products demand in the Asia-Pacific region is expected to fall by 1.8mn b/d year-on-year in 2020. However, oil demand growth in Asia has still a long way to run. By 2040, the region’s oil demand is expected to rise by 25% (9mn b/d) to 44.8mn b/d ...

    • Availability: Online
    • Record type: News Item

  • Total has signed an agreement to sell the UK Lindsey refinery and its associated logistic assets to the independent Prax Group for an undisclosed sum.Located in Immingham, Lincolnshire, the Lindsey refinery has an annual production capacity of 5.4mn tonnes.  

    • Availability: Online
    • Record type: News Item

  • Norway’s Aker Solutions has announced a merger with Kværner to create an optimised supplier company that will retain the name Aker Solutions. Kjetel Digre will take up the position of Chief Executive Officer of the combined company as of 1 August 2020. Aker Solutions intends to spin off its wind dev...

    • Availability: Online
    • Record type: News Item

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