Under the terms of the contracts, BPGIC will provide oil storage at its Phase I facility for a total of one year consisting of initial six month periods, plus additional six-month renewal periods ...

Oil prices surged on Thursday on signs that the global economy is moving toward a slow reopening. Inventory data also indicated that storage demand for the commodity is rising slower than expected.

Crude storage tanks in the United States are nearly 65 percent full as record low oil prices and falling fuel demand caused by the coronavirus pandemic take their toll on the industry. After in ...

Yoon's office said on Sunday that the oil will be stored at a reserve in South ... and directly to consumers at Reuters.com and via Reuters TV. Sign up for our newsletter to get the latest on ...

Oil traders are resorting to storing more and more oil at sea amid swelling output in the Atlantic region, a sign the market is ... Higher volumes of storage in the North Sea, Singapore and ...

“A large number of furnace oil cans are stored in this open area which has a compound wall around it. Around 12.20 p.m. we got a call and we reached the site in 10 minutes,” said S ...

has signed a strategic agreement to store crude oil at storage facilities in Japan, Abu Dhabi’s state-held oil firm, which pumps nearly all the oil in OPEC’s third-largest producer ...

Egypt plans to set up new area for crude oil storage in El- Tebbin, south of Cairo, the petroleum ministry said in a statement on Sunday. The project, with an estimated cost of 1.8 billion Egyptian ...

SEOUL, Oct 23 (Reuters) - South Korea's state-run Korea National Oil Corp (KNOC) said on Monday that it has signed an oil storage agreement ... other business events. Sign up here.