News - Jensen Storage ApS

Oil Edges Higher on Concerns Over Russia, Libya Supply Disruption

April 25, 2022

Oil prices rose on Thursday, buffeted by concerns about tightened supply as the European Union (EU) mulls a potential ban on Russian oil imports that would further restrict worldwide oil trade.

LyondellBasell to Shut Houston Refinery by 2024

April 25, 2022

Rotterdam (the Netherlands)-headquartered LyondellBasell, a multinational chemical company, will permanently shut operation of its Houston crude oil refinery...

Shell Building P1.7-Billion South Oil Terminal

April 23, 2022

Pilipinas Shell Petroleum Corp. broke ground on its third largest import facility in Darong, Southern Mindanao costing P1.7 billion that aims to provide a more stable, undisrupted supply of energy in the region.

All I Need To Get By? - Could Gulf Coast Terminals Handle A Rise In Crude Oil Exports?

April 23, 2022

Vladimir Putin’s fateful decision to invade Ukraine and the ongoing brutality have made Russia a pariah state to many leading ...

As Demand for Fuel Soars, U.S. Refineries Reach Capacity

April 10, 2022

U.S. refineries are reaching their capacity for the first time since the pandemic started, pushing up fuel costs already at record highs after Russia invaded...

Jensen Storage ApS investigates strategic options for terminals in Houston

April 05, 2022

Jensen Storage ApS is investigating the strategic options for its terminals in Houston. This may include continued operations or divestment.

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