Latest Oil depot Stories

2014-06-26 08:20:48

BOGOTA, Colombia, June 26, 2014 /PRNewswire/ -- Today, Grupo Coremar and Zenith Energy announced the award of a contract for the construction on the first phase of a new, multi-product liquids terminal in Palermo, Magdalena Department, Colombia. The initial construction phase will satisfy the needs of up to 528,000 barrels for refined and crude oil storage. Featured in the construction will be a new 50,000 dwt ship dock, 6 lane truck racks, as well as accompanying infrastructure....

2014-04-22 16:28:46

LONDON, April 22, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report:Oil and Chemicals Storage Industry Outlook in Europe, 2014 - Capacity Analysis, Forecasts and Details of All Operating and Planned Storage Terminalshttp://www.reportbuyer.com/energy_utilities/oil_gas/oil_chemicals_storage_industry_outlook_europe_2015.htmlOil and Chemicals Storage Industry Outlook in Europe, 2014 - Capacity Analysis, Forecasts and Details of All Operating and Planned Storage...

2014-02-06 08:22:36

Oil Companies Benefit From New Oil Storage Tank Options LA PORTE, Texas, Feb. 6, 2014 /PRNewswire-iReach/ -- Oil exploration and drilling can be challenging, hard work, and companies in this industry must have access to the right equipment and tools to improve productivity at worksites. While these demanding projects require an extensive range of equipment and resources, one of the most critical features that must be in place is an oil storage tank. Dragon Products has been serving...

2014-02-04 16:30:31

New Storage Tank Solutions Available for Oil Companies LA PORTE, Texas, Feb. 4, 2014 /PRNewswire-iReach/ -- The oil industry is unique from other industries, and oil companies understand how important it is for employees to have access to quality fixtures and equipment in the field. Whether in manufacturing and refining facilities, storage areas or drilling sites, there is a need to store large quantities of oil, and oil companies must find a cost-effective and beneficial way to...

2010-12-20 07:00:00

GREENWICH, Conn., HOUSTON and LONDON, Dec. 20, 2010 /PRNewswire/ -- First Reserve Corporation ("First Reserve"), the world's leading private investment firm in the energy industry, today announced that it has sold its 80% equity interest in the Bahamas Oil Refining Company oil storage terminal ("BORCO") to Buckeye Partners, L.P. ("Buckeye") for $1.36 billion. First Reserve and Vopak, the world's largest tank terminal operator, acquired the BORCO oil storage terminal in Freeport, Bahamas,...

2008-09-29 12:00:35

The Vitol Group, a global crude oil trader, has announced the signing of an agreement with Seaport World Wide, pursuant to which, Vitol will lease land to construct an oil terminal in Tanjung Bin, Malaysia. The terminal will be used for blending and storage of crude oil, petroleum and petrochemical products and will have an initial capacity of 750,000 cubic meters. The project will include the construction of numerous jetties and other marine facilities, enabling the terminal to handle...

2008-09-22 09:00:49

Mero CR (Kralupy nad Vltavou, Czech Republic), state oil pipeline and oil storage tank, started operation of two new oil storage tans in its central refuelling point in Nelahozeves in Sep 2008. Each of them reaches a volume of 125,000 m3 of oil. Storage tanks, ones of the largest of its kind in the world, will be used for storage of strategic oil reserves in the Czech Republic. (c) 2008 Access Czech Republic Business Bulletin. Provided by ProQuest LLC. All rights Reserved.

Word of the Day
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.