As Hurricane Harvey swept across the Houston area, torrential waves of rain built on top of crude oil storage tanks at Valero Energy's Houston refinery, causing one of the roofs that float atop the ...

In its latest Oil Market Report, the International Energy Agency notes that short-term floating oil storage fell during the month of July, from 54.4 million barrels in June to 50.5 million barrels.

External floating single-roof tanks should not be used to store gasoline in hot regions unless the deck plate's thickness exceeds 10 mm and it has been treated with an anti-corrosion coating. Solar ...

Although it’s difficult to assess precisely how much crude and distillate fuel are now held in floating storage around the globe, the associated risk is increasing significantly, said Olivier Jakob at ...

The firm contends it can build a CFSU, a group of which appears in the above rendering, in a matter of weeks. IMAGE SOURCE: Business Wire China-based Haiyan Submarinenergy Ltd., which describes itself ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Using very large crude carriers (VLCCs) as floating ...