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Storage

U.S. to close Northeast gasoline reserve with 1-MMbbl sale

President Joe Biden's administration will sell nearly 1 MMbbl of gasoline in the U.S.-managed stockpile in northeastern states as required by law, effectively closing the near decade-old reserve.

China's April gasoline exports fall to lowest level since July 2015 on recovering domestic demand

China's gasoline exports in April fell to the lowest level since July 2015, as domestic travel and fuel use increased in the recovering economy.

Traders scramble for U.S. storage as distillates demand disappoints

Traders are rushing to fill up storage tanks along the U.S. East Coast with distillate fuels, like diesel and heating oil, data from storage broker The Tank Tiger shows, a sign of deepening oversupply that is weighing on refiners' profits.

Cepsa and Evos join up for green methanol storage in Spain and the Netherlands

Spanish energy company Cepsa has signed an agreement with Evos, a liquid energy and chemical storage company with hubs in strategic locations across Europe, to enable the storage of green methanol to be produced by Cepsa at Evos’ storage facilities in Algeciras and Rotterdam.

Pellet handling system for polyolefin plants: Are you specifying it correctly?

Bechtel Energy: Tiwari, V. K.  |  Guharay, S.

Product pellets produced in polyolefin plants—such as polyethylene (PE) or polypropylene (PP)—require transportation from the unit to the end users that process these pellets to manufacture different end-use plastic products.

Navigating the complex LNG value chain

Emerson: Awasthi, R.  |  Rendon, M.

Throughout the last two decades, LNG technology improvements have built a global natural gas market. This globalization has led to an increase in demand, but also an increase in instability, as changing global events and the drive towards increased sustainability in energy sources have created market fluctuations from all directions.

Do not overlook the base when insulating hot storage tanks

Owens Corning: Schraeyen, S.  |  Van Loo, J.

Hot storage tanks in petrochemical facilities, terminals and industrial sites globally house valuable and often volatile products, including organic liquids, raw materials, intermediate fuels and byproducts.

Brazil domestic ethanol sales soar amid high inventories

Sales of ethanol in the Brazilian market increased sharply in January according to industry data released with mills very active in the selling side as they are apparently running out of storage space due to a bumper crop.

India defers $602-MM plan to fill parts of strategic petroleum reserve

India has deferred a $601.78 MM plan to fill parts of its strategic petroleum reserve, keeping in mind emerging trends in oil markets.

Biden administration slowly puts oil back into the SPR emergency stash

The administration of President Joe Biden is slowly putting oil back into the Strategic Petroleum Reserve, after selling a record amount from the emergency stockpile in 2022.

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