Overview of Terminals

In Part 1 of this 2-part series, published in the July/August 2015 issue of Inspectioneering Journal, I discussed corrosion control methods and some effective techniques for inspecting ASTs, and also identified several root causes of AST failures in crude oil service. In this second installment, I will briefly review the costs associated with AST failures and discuss maintenance strategies to help prevent and/or mitigate predictable and unforeseen incidents.

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New inline inspections and integrity management systems allow operators to understand the complexities and economics of terminals’ and station’s complex aging pipeline infrastructure.

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In a report issued May 27, 2009 for an investigation into the November 2008 fertilizer tank collapse at Allied Terminals in Chesapeake, VA, the U.S. Chemical Safety Board (CSB) recommended that the Commonwealth of Virginia regulate or authorize local jurisdictions to regulate the design, construction, maintenance and inspection of large fertilizer storage tanks located on the Elizabeth River.

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The purpose of the new SPCC rule is two-fold; i.e. to prevent oil spills from occurring and to respond to them if they do occur. We believe that few will argue that prevention is far better and less costly than response in general. The focus of this paper is to highlight how the new SPCC invokes existing industry standards as a requirement for implementation at all covered facilities in an effort to prevent spills. In particular, we focus on the most important industry standards that are required to prevent spills from occurring in existing facilities. Since the SPCC rule does not specifically identify any required standards the task of figuring out which standards are applicable and must be implemented is a challenging one. There are at least a hundred industry standards related to tanks and terminal facilities.

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Buckeye Partners, L.P. recently announced it has completed the sale of a package of domestic pipeline and terminal assets to a subsidiary of InstarAGF Asset Management Inc. for cash proceeds of $450 million. The Asset Package includes: a jet fuel pipeline from Port Everglades, Florida to the Ft. Lauderdale and Miami, Florida airports; pipelines and terminal facilities serving the Reno, Nevada; San Diego, California and Memphis, Tennessee airports; and refined petroleum products terminals in Sacramento and Stockton, California.

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The U.S. Energy Information Administration (EIA) projects that U.S. liquefied natural gas (LNG) export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world behind Australia and Qatar.

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Inter Pipeline Ltd. has announced a $1.46 billion (CAD) capital expenditure program for 2019. Approximately $1.34 billion (CAD), or 92 percent, of total capital expenditures will be for organic growth initiatives with the remaining invested in sustaining capital projects.

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Par Pacific Holdings, Inc. ("Par Pacific") has signed a definitive agreement to acquire U.S. Oil & Refining Co. and certain affiliated entities (collectively, "U.S. Oil"), a privately-held downstream business, for $358 million plus net working capital. The acquisition includes a 42,000 bpd refinery, a marine terminal, a unit train-capable rail loading terminal, and 2.9 MMbbls of refined product and crude oil storage.

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American Midstream Partners, LP has entered into a definitive agreement for the sale of its refined products terminalling business to Sunoco LP, for approximately $125 million in cash, subject to working capital adjustments.

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The Vanta handheld XRF is Olympus’ first full spectrum PMI analyzer that is IP65 rated and drop tested. The analyzer provides accurate, repeatable material chemistry and alloy grade matching in as little as 1–2 seconds. Operation is simple with an intuitive touch screen and swipe interface. Optional Wi-Fi, with the Olympus Scientific Cloud, provides seamless connectivity for efficient data and fleet management.

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The Port of Corpus Christi Authority recently announced it has entered into an agreement with The Carlyle Group to work exclusively to develop a world-class crude oil export terminal on Harbor Island, connecting growing crude oil production in the United States with global markets.

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PBF Logistics has closed on the acquisition of CPI Operations LLC, which owns a storage facility and other idled assets located on the Delaware River near Paulsboro, New Jersey. The total consideration was $107.0 million (USD).

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MPLX LP recently announced it has purchased an eastern U.S. Gulf Coast export terminal with 4 million barrels of third-party leased storage capacity and a 120,000 barrels-per-day (bpd) dock from Pin Oak Holdings, LLC, for approximately $450 million.

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Kinder Morgan Inc has hired investment bank TD Securities to facilitate a potential sale of its Canadian business, which could fetch as much as C$2.4 billion ($1.8 billion), people familiar with the situation told Reuters this week.

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Targa Resources Corp. has executed agreements to sell its refined products and crude oil storage and terminaling facilities in Tacoma, WA and Baltimore, MD to an affiliate of ArcLight Capital Partners, LLC for approximately $160 million.

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Turnarounds are costly in terms of lost production. In many respects a turnaround can be even more complicated than the initial construction of the facility, so a carefully designed plan will reduce overall costs. After execution, safety reviews, Corrosion Monitoring Program updates, MOC documentation, and PHA Revalidations are a must.

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Flint Hills Resources has announced plans to expand its Ingleside crude oil export facility along the Corpus Christi Ship Channel.

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Par Pacific Holdings Inc shares jumped 17 percent on Thursday after the refiner said it would acquire assets from its rival in Hawaii and expand its fuels production.

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Occidental Petroleum will sell its oil export terminal near Corpus Christi and a West Texas pipeline network for a combined $2.6 billion as the Houston oil company opts to focus on its growing production in the Permian Basin in West Texas.

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Global commodities trader Trafigura has applied to build a deep water port in Texas, United States, that would be able to load supertankers, the company said on Monday, supplying badly needed oil export infrastructure to the country.

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A new race to build multi-billion dollar liquefied natural gas (LNG) plants is gaining momentum after a long hiatus in investments as energy giants sense a widening supply gap within five years.

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How long does it take for you to receive reports after an inspection has been completed? A week? A month? Does the data come from multiple sources with no way of knowing if it has been manipulated? Traditional inspection contractors do not have the ability to provide reliable and real-time data once an inspection is complete. The only way to ensure accurate, reliable data is with technology.

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Tallgrass Energy, LP has announced plans to develop a new crude oil pipeline from Cushing, Okla., to the St. James, La., refining complex, as well as a separate new export-capable liquids terminal strategically located near the mouth of the Mississippi River.

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Occidental Petroleum Corp (Oxy) is exploring a sale of its pipeline assets, hoping to fetch more than $5 billion and free up capital to invest in exploration and production as oil prices rebound, people familiar with the matter said on Tuesday.

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Enterprise Products Partners L.P. is planning to develop an offshore crude oil export terminal off the Texas Gulf Coast. The terminal would be capable of fully loading Very Large Crude Carriers (“VLCC”), which have capacities of approximately 2 million barrels and provide the most efficient and cost-effective solution to export crude oil to the largest international markets in Asia and Europe.

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Andeavor recently announced plans to build a refined products terminal at the Rosarito storage facility of Comisión Federal de Electricidad (CFE), in the state of Baja California.

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Enterprise Products Partners L.P. and Navigator Holdings Ltd. have begun construction on their 50/50 joint venture ethylene export terminal, located at Enterprise’s Morgan’s Point, Texas facility on the Houston Ship Channel. The terminal will have the capacity to export approximately 2.2 billion pounds of ethylene per year.

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InVista is a lightweight, hand-held ultrasonic in-line inspection tool (intelligent pig) capable of detecting pipeline wall loss and corrosion in unpiggable or difficult-to-inspect pipelines. The pipeline geometry inspection data captured by the InVista tool is exceptionally powerful when combined with the LifeQuest™ Pipeline fitness-for-service capabilities, providing an integrated solution set for the pipeline industry.

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Petronas, the national oil company of Malaysia and Saudi Aramco have launched the corporate identity for their joint ventures in the Pengerang Integrated Complex located in Malaysia, namely Pengerang Refining Company Sdn Bhd (PRefChem Refining) and Pengerang Petrochemical Company Sdn Bhd (PRefChem Petrochemical), collectively known as “PRefChem”.

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Keyera Corp. recently announced the development of a crude oil storage and blending terminal in Cushing, Oklahoma. The Wildhorse Terminal ("Wildhorse") will include 12 above ground tanks with 4.5 million barrels of working storage capacity.

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U.S. oil company ConocoPhillips has brought new court actions to seize two cargoes of crude and fuel near a terminal operated by PDVSA subsidiary Citgo Petroleum in Aruba, the Aruban government confirmed on Tuesday. Conoco is moving aggressively to enforce a $2 billion arbitration award over the 2007 expropriation of two oil projects in Venezuela, creating unease in the Caribbean, where many islands depend on fuel produced by state-run PDVSA.

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The chief executive of the LNG Canada project on British Columbia’s northern coast said on Tuesday that the company was committed to starting construction on the C$40 billion ($31.1 billion) liquefied natural gas export project this year.

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Esso Italiana Srl, a unit of Exxon Mobil in Italy, has agreed to sell a refinery and three fuel terminals in Italy to Algeria's Sonatrach.

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Guests of Inspection Summit private dinner party to receive autographed copy of Brent's bestselling book TakingPoint: A Navy SEAL’s 10 Fail Safe Principles for Leading Through Change (#1 New Release on Amazon in Organizational Change and Business Structural Adjustment). For more on Brent: https://youtu.be/1Ai9Pybb_K4 Promo https://youtu.be/QrR80TtNquA Leadership https://youtu.be/o3P8FTxE88g Trust

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Phillips 66 Partners has received sufficient binding commitments on an initial open season to proceed with construction of the Gray Oak Pipeline system. The Gray Oak Pipeline will provide crude oil transportation from West Texas to destinations in the Corpus Christi and Sweeny/Freeport markets.

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Buckeye Partners, L.P. has formed a joint venture with Phillips 66 Partners LP and Andeavor to develop a new deep-water, open access marine terminal in Ingleside, Texas. The South Texas Gateway Terminal will be constructed on a 212 acre waterfront parcel at the mouth of Corpus Christi Bay.

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Shell has signed an agreement to sell its Downstream business in Argentina to Raízen for $950 million (USD) in cash proceeds at completion, subject to customary closing conditions. The sale includes the Buenos Aires Refinery, around 645 retail stations, liquefied petroleum gas, marine fuels, aviation fuels, bitumen, chemicals and lubricants businesses, as well as supply and distribution activities in the country.

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Enterprise Products Partners L.P. recently announced that the company has purchased a 65-acre waterfront site on the Houston Ship Channel that will serve as the next phase of expansion at the Enterprise Hydrocarbon Terminal (“EHT”).

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SemGroup Corporation has completed the sale of its SemLogistics business unit to Valero Logistics UK Ltd, a subsidiary of Valero Energy Corporation.

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Our proprietary furnace tube inspection system, FTIS™, is an ultrasonic inspection technology capable of rapid, automated fired heater coil inspection in refinery fired heaters. The data captured by our furnace tube inspection system is exceptionally powerful when combined with our LifeQuest™ remaining life assessment capabilities, providing an integrated solution set for refinery fired heaters in the refining and chemical industries.

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Sunoco has announced the execution of a definitive agreement to purchase the wholesale fuel distribution and terminal business from Superior Plus Corporation for approximately $40 million

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Central European oil refiner and polymers producer Unipetrol has reopened the distribution terminal at its refinery in Kralupy nad Vltavou, Czech Republic days after an explosion left six workers dead and two badly injured.

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Iraq is studying the possibility of building crude oil storage facilities in South Korea and Japan as part of a plan to increase sales to Asian clients, the head of the Iraqi state-oil marketer SOMO, Alaa al-Yasiri, said on Tuesday.

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Orpic Logistic Company, a joint venture between Orpic and CLH has officially inaugurated one of its strategic growth projects, the Muscat Suhar Product Pipeline (MSPP) and the main fuel terminal in Al Jefnain

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A fire that had broken out at an oil storage tank at Tankstore’s Pulau Busing terminal in Singapore on Tuesday evening has been extinguished, the Singapore Civil Defence Force (SCDF) said on Wednesday.

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FFS assessment techniques are applicable to a wide range of damage types: LTA's, cracks, creep damage, dents, and more. These are very powerful analytical tools that often allow operators to not only keep the plant running, but to keep it running safely.

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Rising U.S. shale oil production will overwhelm the nation’s refining capacity, with three-quarters of the additional oil produced in the United States by 2023 shipped to Europe and Asia, according to a new study by consultancy Wood Mackenzie.

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Cheniere Energy’s Corpus Christi export terminal in Texas could start producing its first liquefied natural gas (LNG) this year, a company executive said on Thursday.

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SemGroup Corporation recently announced it has reached an agreement to sell its SemLogistics business unit, a petroleum storage facility in the United Kingdom, to Valero Logistics UK Ltd, a subsidiary of Valero Energy Corporation.

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The Bahamian government has reportedly approved a plan to construct an oil refinery and oil storage facility in Grand Bahama. The $4 billion project will be developed by Oban Energies LLC and is expected to create 600 direct jobs and 1,000 indirect jobs during construction.

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Independent U.S. refiner Andeavor said on Friday it had acquired a liquefied natural gas (LNG) facility in Kenai, Alaska, from ConocoPhillips.

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AIM systems should ensure that the your facility’s MI software is accurately performing the calculations needed to calculate minimum thickness, long/short term corrosion rates and remaining life used to predict future inspection intervals. They should evaluate your MI software’s basic design and corrosion monitoring variables.

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The liquefied natural gas (LNG) market is growing every year, but the terminals that ship and receive the fuel are shrinking. The booming sector’s next-generation infrastructure is being designed for emerging-market buyers that want smaller volumes on shorter, more flexible contracts.

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Contanda announced today it has officially withdrawn its permit application to handle and store crude oil at the company’s Grays Harbor terminal. As announced last week, Contanda will now pursue permits to expand its facility to handle and store a portfolio of cleaner fuels including biodiesel, renewable diesel and ultra-low sulfur diesel in anticipation of increased demand for low-carbon, cleaner fuels.

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Dominion Energy Cove Point (DECP) has begun producing liquefied natural gas (LNG) with its newly constructed natural gas liquefaction facility undergoing commissioning in Lusby, MD. All major equipment has been operated and is being commissioned as expected following a comprehensive round of testing and quality assurance activities.

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Tallgrass Energy Partners, LP has announced two strategic acquisitions by its Tallgrass Terminals business and several significant commercial developments that continue to expand the variety of services offered by Pony Express in key crude oil producing basins it serves.

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Venezuela’s PDVSA could lose its license to operate an oil storage terminal it owns on the Dutch Caribbean island of Bonaire if it does not soon fulfill maintenance demands by regulators, a government spokeswoman said on Tuesday.

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It’s a scary thought to think that with all the new advancements in technology, some facilities still rely on traditional inspection contractors that perform out of date procedures. You rely on technology to keep your home and identity safe, so why run the risk of hiring inspection contractors without technological solutions to provide the vital information needed to keep your facility safe.

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Trafigura Group Pte Ltd, a market leader in the global commodities industry, has announced the signing of a Sale and Purchase agreement for the majority of the downstream assets of Pampa Energia S.A.

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This month, Petrolex Oil & Gas Ltd. plans to commission a 300 million-litre tank farm in Nigeria, making it the largest of its kind in sub-saharan Africa.

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Total has inaugurated the new units at its Antwerp integrated refining & petrochemicals platform, which have progressively started up in the last few months. This event marks the completion of the upgrade program launched in 2013 of one of the largest and most efficient integrated refining & petrochemicals platforms in Europe.

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Saudi Aramco has shut down its 80,000 barrel per day crude oil refinery in Jeddah indefinitely, converting the complex into a hub for oil products distribution

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Mobil Oil New Zealand Limited (Mobil) recently announced plans to improve fuel supply capacity for the South Island with the construction of two tanks at its fuel terminal in Lyttelton.

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Facilities are facing increasing challenges, including justifying inflated budgets, managing contractor hours, ensuring regulatory compliance and qualifying the work being completed. To help facilities manage evolving inspection requirements, PinnacleART offers Fixed-Price Inspection (FPI), meaning we will develop and execute a comprehensive Risk-Based Inspection plan for one fixed-price. Yes, you read that right – one fixed-price.

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Swiss commodity trader Trafigura said it plans to develop its second liquefied natural gas (LNG) import terminal in Pakistan

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China’s POLY-GCL Petroleum Group Holdings Ltd has signed a memorandum of understanding (MoU) to invest $4 billion in a natural gas project in the tiny Horn of African nation of Djibouti.

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TransMontaigne Partners L.P. recently announced that one of its wholly owned subsidiaries has entered into an agreement to acquire the Martinez Terminal and Richmond Terminal from an affiliate of Plains All American Pipeline, L.P., for a total purchase price of $275 million.

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Magellan Midstream Partners said that its condensate splitter in Corpus Christi, Texas, reached maximum processing capacity.

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Continental Energy Corporation has received the in-principal approval of the Governor of the Indonesian province of East Kalimantan for the construction and operation of a new crude oil refinery in the Kutai Timur Regency of East Kalimantan.

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It is difficult to cover all inspection applications with basic inspection procedures like radiography, ultrasonics, magnetic particle testing, and dye penetrant inspection. Owner-operators are finding that advanced NDE services such as guided-wave ultrasonics, AUT corrosion mapping, and eddy current testing are essential tools to keep their facilities operating safely and efficiently.

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Royal Dutch Shell plc (Shell), through its affiliates, has completed the sale of its entire Gabon onshore oil and gas interests to Assala Energy Holdings Ltd. (Assala Energy) a portfolio company of The Carlyle Group (CG: NASDAQ), for a total of USD $628 million including amount equivalent to interest.

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Valero Energy Partners LP (the “Partnership”) recently announced that the board of directors of its general partner has approved the Partnership’s acquisitions of the Port Arthur terminal assets and Parkway Pipeline LLC (“Parkway Pipeline”) from Valero Energy Corporation (“Valero”) for total consideration of $508 million.

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Russian pipeline monopoly Transneft is buying a stake in the oil terminal at the Baltic Sea port of Ust-Luga from businessman Andrei Bokarev, two sources familiar with the matter told Reuters on Friday

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Andeavor Logistics LP and Andeavor recently announced that Andeavor Logistics has completed its acquisition of Western Refining Logistics, LP (NYSE: WNRL) in a unit-for-unit transaction and assumption of $280 million of net debt for a total enterprise value of approximately $1.7 billion

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INEOS has completed its acquisition of the 235-mile Forties Pipeline System (FPS) and associated pipelines and facilities from BP.

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If you are developing a mechanical integrity program, or you would like to optimize your existing mechanical integrity program, do you have qualified MI consultants to meet your regulatory needs? If you already have a sound, defensible MI inspection system in place, do you have qualified and experienced personnel maintaining your program?

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Saudi Aramco Overseas Company (AOC), a subsidiary of Saudi Aramco, has entered into an arrangement to buy a stake in a Rotterdam terminal from commodities trader Gunvor, the company said on Thursday.

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Kuwait’s Al Arfaj Group plans to build a 600,000 barrels per day oil refinery and a 10 million tonnes a year liquefied natural gas (LNG) terminal in the Indian coastal state of Andhra Pradesh, the state’s chief minister said on Tuesday.

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Exxon Mobil Corporation has acquired a crude oil terminal in Wink, Texas from Genesis Energy LP. The terminal is located in the rapidly growing Delaware Basin, part of Permian Basin – one of the most prolific plays in the United States.

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Russia’s Novatek plans to expand the Yamal LNG project by one more train with a capacity of 1 million tonnes of liquefied natural gas (LNG) per year.

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Greece’s state controlled natural gas firm DEPA signed a cooperation agreement on Thursday with natural gas company Gastrade to participate in the development of a liquified natural gas terminal in northern Greece, DEPA said.

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LOTIS utilizes laser profilometry to conduct internal steam reformer tube inspections. The data captured by LOTIS is exceptionally powerful when combined with our LifeQuest™ remaining life assessment capabilities, providing an integrated solution set for the process and syngas industries.

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Mexican state oil company Pemex aims to finalize the first shipment of crude oil for export later on Monday since restarting operations at its Salina Cruz terminal in southwest Mexico, a company official said on Monday.

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U.S. firm NuStar Energy this week began reopening its 13-million-barrel Statia oil terminal on the Caribbean island of St. Eustatius, a month after it was closed ahead of Hurricane Irma

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Lukoil is reportedly seeking to sell its ISAB oil refinery complex in Italy as part of the Russian firm’s review of its overseas operations.

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Magellan Midstream Partners, L.P. (Magellan) and Valero Energy Corporation (Valero) recently announced the expansion and joint development of the marine storage facility currently under construction along the Houston Ship Channel in Pasadena, Texas. The Pasadena facility, which will handle petroleum products, including multiple grades of gasoline, diesel and jet fuel, and renewable fuels, will be owned by a limited liability company that is owned 50/50 by Magellan and Valero and will initially include 5 million barrels of storage, truck loading facilities and 2 proprietary ship docks.

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The U.S. Coast Guard and the Environmental Protection Agency are working with Texas state regulators to clean up oil and chemicals spilled from a dozen industrial facilities after flooding from Hurricane Harvey, authorities said. The spills came from oil refineries, fuel terminals and other businesses, but EPA spokeswoman Terri White said it was not possible to provide an estimate for the amounts spilled.

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Integrating a new digital technology that combines data-driven insights and data storage with innovative mobility can provide a new level of connected intelligence. Digitalization can improve workflow, increase worker productivity and allow better recording of field data. Mobile technology allows for real-time data monitoring and strategic decision making via specialized tablet-driven software.

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Oil and petrochemical plants along the U.S. Gulf Coast intend to go ahead with plans for near record spending on expansions next year, despite Hurricane Harvey driving up labor costs and slowing work, experts said.

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Nustar Energy’s oil terminal in the Caribbean island of St. Eustatius suffered damage to several tanks and other equipment due to Hurricane Irma, but all the U.S. firm’s employees are safe and no oil spills were registered, it said in a statement.

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Secure Energy Services Inc. ("Secure" or the "Corporation") recently announced further growth of its midstream infrastructure through the construction of a light oil feeder pipeline system and receipt terminal in the Kindersley-Kerrobertregion of Saskatchewan.

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Targa Resources Corp. announced today that conditions associated with continued flooding in the Houston area, and specifically the area of Targa's facilities in Mont Belvieu, Texas, which include the Cedar Bayou Fractionator ("CBF"), today required CBF to be temporarily taken out of service.

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Production from train three at Cheniere Energy’s Sabine Pass liquefied natural gas (LNG) export plant has been suspended for maintenance, a company spokesman said last week.

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Industrial Rope Access is a proven method of achieving a safe work position at elevated heights or areas that are difficult to access. When combined with advanced NDE technologies, rope access technicians can substantially reduce the cost of inspections and maintenance activities by virtually eliminating the need for fixed scaffolding.

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Royal Vopak and its joint venture partners intend to expand their independent storage terminal, Pengerang Independent Terminals Sdn Bhd (PITSB) in Pengerang, Johor in southern Malaysia. PITSB will be expanded with 430,000 cbm to a total capacity of 1.7 million cubic meters.

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Italy's ENI and U.S. oil and gas firm Anadarko signed agreements with the Mozambique government to build two liquefied natural gas terminals in the southern African country.

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Calumet Specialty Products Partners, L.P.recently announced that it has signed definitive agreements to sell the ownership of its Superior, Wisconsin refinery and various related assets to Husky Superior Refining Holding Corporation, a wholly owned unit of Husky Energy ("Husky").

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Indian Oil has approved a $2.3 billion expansion of its Gujarat refinery and a %50 equity stake in GSPL LNG, which is setting up a LNG Terminal in Gujarat.

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Pacific NorthWest LNG has announced that the LNG project in Port Edward, British Columbia will not proceed as previously planned. The decision was made by PETRONAS and its partners after a careful and total review of the project amid changes in market conditions.

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Offshore platforms are exposed to some of the roughest conditions on earth and require regular attention to ensure they are structurally sound and safe for continued operation. With so many components and major joints at elevated locations, it is clear why a well-trained rope access technician can be an invaluable resource for offshore operators.

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BP Plc is considering an initial public offering of its vast U.S. Midwest and Gulf Coast pipeline assets, the company said on Tuesday, a move that would raise cash.

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A subsidiary of Plains All American Pipeline, L.P. recently announced a successful conclusion to the open season for additional capacity from the Delaware Basin to Cushing, OK. The Partnership announced that it has received sufficient committed volume from shippers to expand portions of its pipeline systems to accommodate a volume increase of approximately 120,000 barrels per day of movements from the Delaware Basin and Midland to Cushing, OK.

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SemGroup® Corporation has announced the closing of its acquisition of Houston Fuel Oil Terminal Company (“HFOTCO”) from investment funds managed by Alinda Capital Partners (“Alinda”). HFOTCO, one of the largest oil terminals in the U.S., establishes SemGroup’s position in the premier energy market, the Houston Ship Channel, and provides a strategic platform to refinery-facing growth.

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Enterprise Products Partners L.P. and Navigator Holdings Ltd. today announced the execution of a letter of intent to jointly develop an ethylene marine export terminal on the Houston Ship Channel. Enterprise would manage the construction, operations and commercial activities of the proposed terminal, which would be located at Enterprise’s Morgan’s Point complex.

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Total’s refining and chemicals platform in Antwerp has started up production of ethylene using ethane feedstock, which is extracted from natural gas and is significantly cheaper than oil-derived feedstock.

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PinnacleART’s engineers and inspectors can help your facility define, prioritize and mitigate risks within your facility. Let our team build, implement and maintain a comprehensive mechanical integrity and RBI program for your pressure vessels, heat exchangers, towers, storage tanks, piping, pump casings, pressure relief valves, critical check valves and more.

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OTTCO has signed a Usufruct Agreement for the establishment of the Ras Markaz Crude Oil terminal in Oman.

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The Alaska Gasline Development Corporation (AGDC) signed a memorandum of understanding (MOU) with the Korea Gas Corporation (KOGAS) in Washington, D.C. on June 28, 2017. The MOU establishes a framework for AGDC and KOGAS to cooperate in several areas of Alaska LNG, including project investment, development, operations, and other arrangements.

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Work to restart production at Australia's Woodside-operated Karratha Gas Plant, which hosts the North West Shelf liquefied natural gas (LNG) export project, is underway following a partial outage on June 24, a spokeswoman said.

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ExxonMobil, Eagle LNG Partners, and Crowley Maritime Corp. have signed an agreement to collaborate on the development of LNG as a marine fuel. The goal is to establish the storage and technical support necessary to provide safe, reliable LNG delivery for vessel operators bunkering in North America.

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Cheniere Energy Inc. and Korea Gas Corporation (KOGAS) recently hailed the commencement of their 20-year Sales and Purchase Agreement (SPA) to supply U.S.-sourced LNG to KOGAS from the Sabine Pass Liquefaction facility in Louisiana.

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Auto-refrigeration can impose low temperatures onto process vessels and piping causing them to be at risk of brittle fracture, the sudden break-before leak phenomena that can result in catastrophic rupture of the equipment.

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Italian gas group Snam is in exclusive talks with EDF's Italian unit Edison to buy a stake in a liquefied natural gas terminal in northern Italy as part of plans to develop its LNG business.

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BP Energy Partners, an energy investment company backed by oil tycoon T. Boone Pickens, is selling portfolio company Pinnacle Midstream, according to four sources familiar with the matter.

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The management board of KN (AB KlaipÄ—dos Nafta), the operator of oil and liquefied natural gas (LNG) terminals, has taken decisions on the conclusion of agreements with contractors to carry out the expansion works of the light oil products’ storage tank park of the KlaipÄ—da oil terminal and build new storage tanks

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Irving Oil announces the grand opening of its St. John’s Marine Terminal Expansion – a $20-million investment that will improve harbour logistics and help position St. John’s Harbour for future growth.

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The Philippines aims to build a $2-billion receiving and distribution facility for imported LNG, as it seeks to replace depleting domestic gas reserves that now produce a fifth of its power

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Let Pro-Surve identify corrosion on your flange raised faces while your unit remains in operation. Using phased array TFM, custom transducers and proven procedures Pro-Surve technicians identify corrosion on flange raised faces from the flange outside diameter. Identify scope for pipe spools for turnaround pre-fabrication using this technique. Identify flanges needing replacement or re-machining.

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France's Total SA is looking to invest in gas and power infrastructure projects in Morocco and South Africa as it seeks to open new markets, the company's head of gas said on Thursday. Total will roughly double its liquefied natural gas (LNG) portfolio by 2020 to 15 million tonnes per year...

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SemGroup Corporation has executed a definitive agreement to acquire Houston Fuel Oil Terminal Company, one of the largest oil terminals in the U.S.

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Tallgrass Energy Partners, LP, through its subsidiaries Tallgrass Terminals, LLC (Tallgrass Terminals) and Tallgrass Pony Express Pipeline, LLC (Pony Express), have announced an agreement with Saddle Butte Pipeline to develop the Tallgrass Grasslands Terminal. The terminal will be located strategically in the heart of the Platteville, Colo., oil terminal complex and...

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The U.S. Occupational Safety and Health Administration (OSHA) has issued two reports on the safe management of hazards by small businesses and storage facilities that use highly hazardous chemicals in business processes.

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Kuwait National Petroleum Co. (KNPC) is considering building a large storage plant for oil products at a cost of 400 million Kuwaiti dinars ($1.32 billion)

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AET is a powerful, non-intrusive inspection technique to verify the structural integrity of pressure vessels, spheres, high-temperature reactors and piping, coke drums, above-ground storage tanks, cryogenic storage tanks, and more.

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The DOJ, EPA, and TCEQ have announced an agreement with Vopak Terminal Deer Park Inc. and Vopak Logistics Services USA, Inc., to improve air quality in the Houston area by strengthening air pollution controls and compliance with federal and state clean air laws at Vopak’s chemical storage terminal and wastewater treatment facility in Deer Park, Texas.

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Puma Energy Asia Sun (P.E.A.S) recently opened a new $92 million petroleum products terminal at Thilawa port, southeast of Yangon, Myanmar.

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Pembina Pipeline Corporation and Veresen Inc. are pleased to announce they have entered into an arrangement agreement to create one of the largest energy infrastructure companies in Canada with a pro-forma enterprise value of approximately $33 billion.

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Saudi Aramco, the kingdom's state-owned oil giant, is now officially the 100% owner of America's largest oil refinery, the 600,000 bpd Port Arthur Refinery.

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Sprague Resources LP recently announced that its wholly owned subsidiary, Sprague Operating Resources LLC, has completed the purchase of refined product terminal assets from Carbo Industries, Inc. and Carbo Realty, L.L.C. for total consideration of approximately $70 million

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Properly anticipating and finding the damage in your facility is no small task, and spending millions of dollars on inspection may not be getting you anywhere if it’s not the right inspection processes. PinnacleART can use industry best practice models and corrosion expertise to proactively identify damage types, locations and magnitudes so you can ensure you’re performing the right inspections at the right times. Visit us at pinnacleart.com to learn more.

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PBF Logistics LP announced today that its wholly-owned subsidiary has acquired the Toledo, Ohio, refined products terminal assets of Sunoco Logistics LP for $10 million in cash.

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Chevron Corp, the second-largest U.S.-based oil company, has sold its Canadian gasoline stations and refinery in British Columbia to Parkland Fuel Corp, a marketer of petroleum products, for C$1.46 billion (US $1.09 billion).

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U.S. energy firms are scrambling to finish a slew of pipelines that will unleash rich reserves of shale gas in Pennsylvania, West Virginia and Ohio as the nation prepares to become one of the world’s top natural gas exporters.

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Oiltanking North America, LLC (Oiltanking) has acquired the Oiltanking Galveston County (OTGAL) terminal. OTGAL currently handles specialty chemicals and petrochemicals with approximately 69,000 cbm (430,000 barrels) of storage capacity.

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Pembina Pipeline Corporation has provided an update on its natural gas liquids (NGL) value chain strategy. This update includes progress on the Company's plans to develop a west coast liquefied petroleum gas (LPG) export terminal, as well as an update regarding activity in the Company's Gas Services business.

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Hosted by Pro-Surve, Sentinel, WJE & AsInt, Brent, a SEAL Team 5 member turned his battlefield lessons to business. Accomplished entrepreneur, author, speaker and founder of TakingPoint Leadership discussion will focus on building high-performance teams. Dinner guests can take a picture & receive an autographed copy of his bestselling book TakingPoint. Look for an invite in the next few weeks.

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Buckeye Partners, L.P. recently announced that it is preparing for a binding open season in connection with the development of a new crude oil pipeline from the Permian Basin to Corpus Christi, Texas. The pipeline is part of a series of potential investment projects Buckeye is pursuing...

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BP recently announced it has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to INEOS.

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Venezuelan state oil company PDVSA on Wednesday confirmed reports of a crude spill from a pipeline connecting its main oil-exporting complex with a tanker loading facility, but said shipments have not been affected.

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Poland is considering building a second liquefied natural gas (LNG) terminal on the Baltic Sea by 2021 for about 700 million euros ($761 million), as a potential alternative to a planned gas pipeline to Norway...

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Royal Dutch Shell plc (Shell), through its affiliates, has reached an agreement with Assala Energy Holdings Ltd. a portfolio company of The Carlyle Group, to sell 100 percent of its Gabon onshore interests for $587 million.

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Crude oil that leaked into a creek in the Canadian province of Alberta from an Enbridge Inc. storage facility has been contained, but there is no estimate yet of its volume, the National Energy Board regulator said on Tuesday.

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HES International is developing a tank terminal for the storage and transportation of petroleum products and biofuels at the Hartelstrook, on the south side of the Mississippi harbour at Maasvlakte 1.

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Sprague Resources LP (“Sprague”) announced today that its operating subsidiary, Sprague Operating Resources LLC, has signed a definitive agreement to purchase the Lawrence and Inwood, NY refined product terminal assets of Carbo Industries, Inc. and Carbo Realty, L.L.C. (“Carbo”).

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M2 Infrastructure announced that it has entered into a MOU with TransCanada to build 6.2 million barrels of new crude oil storage at TransCanada’s terminal in Cushing, Oklahoma.

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According to two Midstream executives, the U.S. is poised to become the world's largest supplier of liquefied natural gas (LNG) within the next 20 years, overtaking Australia and Qatar.

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INEOS has signed a contract with Oiltanking Antwerp Gas Terminal (OTAGT) to construct the largest LPG storage tank ever built in Europe. The new 135,000 cbm fully refrigerated butane tank will be located at the OTAGT terminal in the Port of Antwerp, Belgium.

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Oil and gas giant BP will shut down its Tangguh Train 2 liquefied natural gas plant in Indonesia's West Papua province for nearly two months for maintenance, a company executive said on Wednesday

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Shell Oil Co, the U.S. unit of Royal Dutch Shell Plc, said it expects to divide the refineries and other assets of its Motiva Enterprises venture with co-owner Saudi Aramco in the second quarter of 2017.

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Dongming Petrochemical, China's largest independent or 'teapot' refiner, has signed a deal with privately run CEFC China Energy and a local port authority to build a crude oil terminal in Shandong province, seeking to ease a logistics bottleneck gripping the country's teapot oil sector.

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Marathon Petroleum Corp. (MPC)and MPLX LP recently closed a transaction in which MPC contributed certain terminal, pipeline and storage assets to MPLX for total consideration of $2.015 billion.

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Ingleside Ethylene, LLC, the 50/50 joint venture between Occidental Chemical Corporation (OxyChem) and Mexichem, has announced that its ethylene cracker at OxyChem’s Ingleside, Texas, complex has begun operations on schedule and on budget.

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Royal Vopak and its partner Reatile have announced that the investment decision has been taken to further expand their activities in South Africa. In line with previous expansions, this investment aims to enhance Vopak's infrastructure to help meet South Africa's increasing demand for petroleum products. It will improve the security of fuel supply by facilitating the import of cleaner fuels into South Africa.

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The U.S. Environmental Protection Agency (EPA) has settled with Wilson Oil, Inc., (doing business as Wilcox & Flegel Oil Co.) for alleged Clean Water Act spill prevention violations at its Longview Terminal facility in Longview, Washington.

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Williams Partners L.P. recently announced it has successfully placed into service its Gulf Trace project, a 1.2 million dekatherm per day expansion of the Transco pipeline system to serve the Cheniere Energy Partners, L.P. Sabine Pass Liquefaction export terminal in Cameron Parish, La.

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JX Nippon Oil & Energy Corp said its venture with Malaysian state oil firm Petronas has started commercial operations at the ninth liquefaction train at the Petronas LNG complex in Bintulu, Sarawak.

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Shipping operations at one of three docks of Venezuela's main crude exporting port were halted after an oil spill occurred while loading a vessel bound for India, union and shipping sources told Reuters on Tuesday.

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NextDecade, LLC announced it has signed lease agreements with the State of Texas and City of Texas City for a close to 1,000-acre site at Shoal Point for the potential development of a multi-billion dollar liquefied natural gas (LNG) export facility.

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NGL Energy Partners LP recently announced it has closed on the previously announced acquisition of certain assets of Murphy Energy Corporation.

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AltaGas Ltd. has announced that it has reached a positive Final Investment Decision ("FID") on its Ridley Island Propane Export Terminal, having received approval from federal regulators. AltaGas has executed long-term agreements securing land tenure along with rail and marine infrastructure on Ridley Island, and will proceed with the construction, ownership and operation of the Ridley Export Terminal.

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Chevron Corp said on Wednesday it has resumed production at one of its two units at the Gorgon liquefied natural gas (LNG) plant off Western Australia after an outage of slightly more than a month.

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NuStar Energy L.P. recently announced that the company has closed on the purchase of crude oil and refined product terminal assets in Corpus Christi, Texas from Martin Midstream Partners for a net $93 million.

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NGL Energy Partners LP announced its recent acquisition of Murphy Energy assets for $51 million, including the Port Hudson, Louisiana Terminal and the Kingfisher, Oklahoma Facility, which is a natural gas liquids and condensate facility.

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Kinder Morgan is seeking approval from the U.S. Federal Energy Regulatory Commission (FERC) for a $151 million expansion of its Sabine Pass LNG facility and associated pipeline network

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BP has announced that it has signed agreements with Kosmos Energy to acquire a 62% working interest, including operatorship, of Kosmos’ exploration blocks in Mauritania and a 32.49% effective working interest in Kosmos’ Senegal exploration blocks -- acreage which holds world-class deepwater gas discoveries and exploration prospectivity across both countries.

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Phillips 66 recently announced that its Freeport Liquefied Petroleum Gas (LPG) Export Terminal located in Freeport, Texas, is fully operational. The company loaded its first contracted cargo on the Commander, a very large gas carrier that departed the terminal on December 16, 2016.

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This week, the Portland City Council passed several bills aimed at reducing greenhouse gas emissions, inlcuding unanimously voting to ban new bulk fossil fuel storage facilities in the city.

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Irving Oil has announced that it has entered into a purchase agreement to acquire four inland storage facilities in Nova Scotia from Valero Energy Inc. The storage facilities are located in the communities of Port Hawkesbury, New Glasgow, Yarmouth and Bridgewater and represent a combined capacity of nearly 21,000 barrels of gasoline, diesel and home heating oils.

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British oil company BP has acquired Spanish group Repsol's 3.06 percent stake in the Tangguh liquefied natural gas (LNG) project in Indonesia for $313 million dollars, a BP spokesman said on Monday.

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Liquefied Natural Gas Limited (LNGL or the Company) has announced that the US Department of Energy (DOE) has granted LNGL’s Magnolia LNG Project authorization to export liquefied natural gas from the proposed facility in Lake Charles, Louisiana, USA to countries with which the United States has not entered into a free trade agreement (non-FTA approval).

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Sempra Energy has announced its liquefied natural gas (LNG) subsidiaries have filed applications with the Federal Energy Regulatory Commission (FERC) seeking authorization to site, construct and operate the proposed Port Arthur LNG natural gas liquefaction facility along the Sabine-Neches Waterway in Southeast Texas.

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Tesoro Logistics LP (TLLP) has announced that the Company has agreed to acquire crude oil, natural gas and produced water gathering systems and two natural gas processing facilities for total consideration of $700 million. Additionally, the Company has acquired terminalling and storage assets located in Martinez, California from a subsidiary of Tesoro Corporation (TSO) for total consideration of $400 million.

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Sunoco Logistics Partners L.P. (SXL) and Energy Transfer Partners, L.P. (ETP) have announced that they have entered into a merger agreement providing for the acquisition of ETP by SXL in a unit-for-unit transaction.

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ConocoPhillips is shopping its 47 year old Kenai LNG Plant in Alaska, citing difficult market conditions in a statement released on Thursday.

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Sunoco Logistics Partners L.P. has announced the company has entered into a strategic joint venture with ExxonMobil in which the companies will form Permian Express Partners LLC to combine certain of their key crude oil logistics assets.

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This month, Island Energy Services, LLC, an entity controlled by One Rock Capital Partners, LP, completed its acquisition of Chevron U.S.A. Inc.’s refining, distribution and retail assets located in Hawaii.

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Puma Energy, a globally integrated midstream and downstream energy company, recently announced it has signed a purchase agreement with BP to buy its bulk storage fuel terminal in Belfast, Northern Ireland.

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NuStar Energy L.P. recently announced that it has signed an agreement to purchase crude oil and refined product storage assets in the Port of Corpus Christi from Martin Midstream Partners L.P. for a net $93 million.

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This week, Canadian midstream company AltaGas approved a positive Final Investment Decision for the construction, ownership and operation of the North Pine Facility, to be located approximately 40 km northwest of Fort St. John, British Columbia.

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Following last week's deadly brush with Hurricane Matthew, oil and gas facilities along the East Coast are restarting operations. Terminals in Fort Lauderdale, Orlando, and Jacksonville have reopened, according to Ned Bowman, chief executive of the Florida Petroleum Marketers Association

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Phillips 66 Partners LP has reached agreement with Phillips 66 to acquire 30 crude, refined products and natural gas liquids (NGL) logistics assets for total consideration of $1.3 billion.

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North Dakota oil producers were dealt another blow this week when Royal Dutch Shell said it would scrap plans to build an oil train terminal in Washington state that would have taken over 400,000 barrels per week of Bakken and other inland crudes. Shell's move comes at a bad time for Bakken producers, who have endured a two-year price rout and need new routes to move their oil to coastal refineries.

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Sri Lanka will build a second refinery with a capacity of at least 100,000 barrels per day (bpd) in a tie-up with Indian Oil Corp, a top Sri Lankan official said on Thursday, a move that strengthens New Delhi's engagement with Colombo.

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Australia's Gladstone liquefied natural gas (LNG) export plant will take one of its production lines out of service for planned maintenance for several weeks in October, industry sources said.

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Tundra Energy Marketing Limited has announced an agreement to purchase the South East Saskatchewan pipeline system from an affiliate of Enbridge Income Fund. Closing of the transaction is expected to occur in late 2016, subject to various regulatory approvals.

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The marine terminal that oil tankers use to unload crude to Phillips 66's 140,000 bpd San Francisco Refinery in has reopened, a week after an oil slick was discovered nearby in the San Pablo Bay prompting the company to shut it down.

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Brazil's state-controlled oil company Petrobras fears problems with its LNG regasification terminal in Ceara state and a nearby thermoelectric plant could force it to mothball the assets, which it put up for sale earlier this year, according to documents seen by Reuters on Friday.

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Western Refining Logistics, LP (WNRL) announced that it has closed the previously announced acquisition of certain terminalling, storage and other logistics assets from St. Paul Park Refining Co. LLC (SPPR). The logistics assets acquired by WNRL included approximately four million barrels of refined product and crude oil storage tanks, a light products terminal, a heavy products loading rack, certain rail and barge facilities...

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Saudi Aramco experienced a fire at its oil terminal facility in Ras Tanura at about 9 am Tuesday morning. Emergency fire services have fully contained the fire and workers in the facility have been evacuated, according to the company.

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The government of Curacao has signed a preliminary agreement with China's Guangdong Zhenrong Energy to operate the aging Isla refinery and invest some $10 billion in upgrading the facility, according to an agreement made public on Monday.

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Enbridge Inc. announced on Tuesday it would buy Spectra Energy Corp. of Houston in an all-stock deal valued at about $28 billion (USD) to create the largest energy infrastructure company in North America.

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Four Houston-area refineries were unable to receive crude oil from tankers on Tuesday after a portion of the Houston Ship Channel was shut due to a fire aboard an empty tanker, according to the U.S. Coast Guard.

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Iraq's new oil minister Jabbar al-Luaibi has re-opened the door for international oil companies to invest in a number of new downstream projects across the country, including several refineries and storage terminals.

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Flint Hills Resources has announced it will begin construction on a $20 million expansion of its Waupun, Wisconsin fuel terminal. Combined with the Junction City terminal expansion currently underway, the projects will create up to about 57,000 hours of new craft labor work.

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TransCanada Corporation, Sierra Oil & Gas, and Grupo TMM have proposed to jointly develop storage and transportation infrastructure to serve the growing demand for refined products such as gasoline, diesel and jet fuel in the central region of Mexico and surrounding markets

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Plains All American Pipeline, L.P. has completed the previously announced acquisition of the Canadian natural gas liquids ("NGL") business from Westcoast Energy Inc., a wholly owned subsidiary of Spectra Energy Corp, for a cash purchase price of approximately $204 million.

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Plains All American Pipeline, L.P. and Phillips 66 Partners LP have announced the formation of STACK Pipeline LLC (JV), a 50/50 limited liability company to own and operate a common carrier pipeline that transports crude oil from the Sooner Trend, Anadarko Basin, Canadian and Kingfisher Counties (STACK) play in northwestern Oklahoma to Cushing, Okla. The JV plans to invest an estimated $15 million to expand the STACK Pipeline...

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CYC International, a Singapore-based engineering and maintenance firm, has invented a snake-like cleaning robot to help reduce safety hazards faced by workers who manually clean oil tanks in refineries.

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Angola's liquefied natural gas (LNG) export plant will resume production in late September following a planned shutdown to test equipment, a spokeswoman for the project said.

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Indonesia plans to start installing tanks for its strategic petroleum reserves (SPR) and filling them this year with the goal of covering 30 days worth of emergency stocks eventually, the energy minister said on Thursday.

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Cheniere Energy's Sabine Pass liquefied natural gas (LNG) export plant on the U.S. Gulf Coast will shut down for planned maintenance in September, sources with knowledge of the matter said.

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Magellan Midstream Partners, L.P. has announced its plans to construct a new high-capacity marine terminal along the Houston Ship Channel in Pasadena, Texas to handle refined petroleum products, including various grades of gasoline and diesel fuel, and renewable fuels.

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A fire that broke out at a domestic gas storage facility in Yemen's Marib province on Thursday killed a worker and seriously injured four others.

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Tesoro Corporation, through its affiliates Tesoro Alaska Company LLC and Tesoro Alaska Terminals LLC, has acquired Flint Hills Resources' (FHR) wholesale marketing and logistics assets in Anchorage and Fairbanks, Alaska.

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Magellan Midstream Partners, L.P. and LBC Tank Terminals, LLC recently announced that they have entered into a letter of intent (LOI) for Seabrook Logistics, LLC, owned 50/50 by Magellan and LBC, to expand its crude oil and condensate storage, marine capacity, and pipeline infrastructure in the Houston Gulf Coast area.

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Last month, Flint Hills Resources announced plans to expand its terminal network in Wisconsin to help meet demand for transportation fuels in the central and northeastern parts of the state, including the Fox River Valley and Green Bay markets.

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Kinder Morgan, Inc. announced this week that subsidiaries Elba Liquefaction Company, L.L.C. (ELC) and Southern LNG Company, L.L.C. (SLNG), have received authorization from the Federal Energy Regulatory Commission (FERC) for the Elba Liquefaction Project. KMI also announced today that Elba Express Company L.L.C. (EEC) and Southern Natural Gas Company, L.L.C. (SNG) have received from FERC Certificates of Public Convenience and Necessity for the EEC Modification Project and SNG Zone 3 Expansion Project, respectively.

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Plains Midstream Canada ULC, a subsidiary of U.S.based Plains All American Pipeline, has announced they will be shutting down a crude-by-rail terminal in Saskatchewan less than 8 months after commissioning the $140 million facility.

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Chevron is reportedly restarting its Gorgon liquefied natural gas (LNG) export facility in Australia after "technical problems" forced the company to shutdown the plant last month.

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Ghana National Petroleum Corporation (GNPC) - Ghana’s National Oil Company, and Quantum Power, the pan-African energy infrastructure investment platform, are pleased to announce that they have agreed to terms for the construction and operation of the liquefied natural gas (LNG) storage, regasification and delivery facilities in Tema, Ghana.

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Kinder Morgan, Inc. has closed the previously announced plan to acquire 15 refined products terminals from BP Products North America Inc for $350 million.

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Dominion Resources, Inc. and Questar Corporation have announced an agreement for the companies to combine in a $4.4 billion dollar deal.

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Howard Energy Partners has announced plans to build $500 million in refined products terminals and pipelines connecting refining facilities in Texas to northern Mexico markets.

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Magellan Midstream Partners, L.P. and TransCanada Corporation announced today definitive plans to connect TransCanada's Houston tank terminal to Magellan's East Houston terminal. HoustonLink Pipeline Company, LLC, a new company owned 50/50 by...

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Enterprise Products Partners L.P. recently announced that the partnership has increased the loading rate at its liquefied petroleum gas (“LPG”) export terminal on the Houston Ship Channel from 16,500 barrels per hour (“BPH”) to approximately 27,500 BPH of capacity.

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The U.S. Chemical Safety Board has approved the final investigation report and video from the 2009 explosion and fire at caribbean petroleum terminal facility in Puerto Rico.

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BASF and Yara International ASA have broken ground on a world scale ammonia plant at the BASF site in Freeport, Texas.

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Fairway Energy Partners, LLC (Fairway) has announced the closing of a private equity offering, the net proceeds of which will be used to fund the construction of the first phase of the Pierce Junction Crude Oil Storage facility. Fairway plans to use this capital to convert three existing underground storage caverns at the Pierce Junction Salt Dome in south Houston into crude oil storage service and to build out all of the requisite pipelines, brine ponds, interconnects and pumping capacity to put the facility in...

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Magellan Midstream Partners, L.P. and LBC Tank Terminals, LLC have announced that they have formed a 50/50 limited liability company Seabrook Logistics, LLC, to own and operate crude oil storage and pipeline infrastructure in the Houston Gulf Coast area.

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The US Chemical Safety Board (CSB) has released its draft investigation report into the 2009 massive explosion at the Caribbean Petroleum, or CAPECO, terminal facility near San Juan, Puerto Rico.

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