ACWA and PTT sign MoU
State-owned petroleum company, QatarEnergy has announced the signing of two long-term LNG sale and purchase agreements (SPAs) with hydrocarbon corporation, ConocoPhillips. This SPA regards the delivery of up to 2 million tons per annum (MTPA) (1.8 million tonnes) of LNG from Qatar to Germany. The LNG volumes will be sourced from the two joint ventures […]
QatarEnergy and ConocoPhillips sign for LNG
State-owned petroleum company, QatarEnergy has announced the signing of two long-term LNG sale and purchase agreements (SPAs) with hydrocarbon corporation, ConocoPhillips. This SPA regards the delivery of up to 2 million tons per annum (MTPA) (1.8 million tonnes) of LNG from Qatar to Germany. The LNG volumes will be sourced from the two joint ventures […]
SPRINT Robotics become StocExpo innovation partner
SPRINT Robotics and StocExpo have renewed their partnership for another year! Combining SPRINT Robotics’ industry expertise and global network with StocExpo, the largest and longest running international tank storage and future fuels event. The SPRINT Robotics Collaborative is an industry-driven initiative that promotes the development, availability and application of robotics techniques in technical inspections, maintenance […]
Meet Gary, Key Account Manager
What was your first week like? My first week was like being back at university. The studying was intense, learning all about Easyfairs’ culture, systems and values, as well as the bespoke training. And everyone has made me feel really welcome. What are you most looking forward to whilst working with us? Meeting with people […]
StocExpo 2023 launches with a fresh and future-focused rebrand
StocExpo has undergone a rebrand, celebrating the evolution of its exhibition and the energy industry. StocExpo, the leading international tank storage event, taking place 14-16 March 2023, has transitioned away from its former branding to an updated, fresher, and more inclusive of the industry with its white and green branding. In recognition of the evolution […]
ACME sign MoU for green project
Renewable energy company, ACME and the government of Karnataka, India, have signed a memorandum of understanding (MOU) to invest about Rs 52,000 crore (€6.35 million) to set up a green hydrogen and green ammonia project. The MoU was signed by Sandeep Kashyap, COO at ACME and E V Ramana Reddy, additional chief secretary to government, […]
Opito launches energy transition qualifications
Opito, the global safety and skills body for the energy industry’s global safety and skills body has launched a suite of four qualifications aimed at technicians and individuals looking to up-skill or move between energy industries. The qualifications aim to provide key knowledge of emerging specialisms, including introductions to hydrogen, CCUS, oil and gas, and […]
Centrica and Equinor sign agreement for hydrogen hub
Centrica and Equinor have signed a cooperation agreement to explore the potential for developing a low-carbon hydrogen production hub at Easington in East Yorkshire, UK. The development further strengthens the region’s growing status as the UK’s foremost hydrogen hub. The project could see the transition to a low-carbon hydrogen hub over the next decade. The […]
Denbury agrees to CO2 transport
Denbury, an independent energy company, has announced that its subsidiary, Denbury Carbon Solutions, has executed a CO2 services agreement with clean hydrogen chain developer, Clean Hydrogen Works. Denbury will transport and sequester CO2 captured from Clean Hydrogen’s planned hydrogen-ammonia complex in Ascension Parish, Louisiana, US, which is anticipated to be built less than two miles from Denbury’s […]
The Baltic Pipe passes key milestone
The Baltic Pipe project has passed an important milestone as receiving terminal Nybro near Varde, Denmark, went into operation. It is currently operating with only half the total capacity, at 6,700 MWh/h. Norwegian gas will now enter the new Baltic Pipe and can be sent on to Poland via the Danish gas system. The Nybro […]
Colonial Terminals announces acquisition of IMTT
Liquid and dry bulk storage terminal, Colonial Terminals, has acquired two liquid terminals owned and operated by bulk liquid storage terminal operator, International-Matex Tank Terminals (IMTT). The facilities are located in South Carolina, US, and have approximately two million barrels of storage capacity supported by marine, rail, and truck access into the fast-growing southeastern US. […]
HIF Global partners with technology supplier TOPSOE for E-fuels facility in Texas
Topsoe, a global leader in carbon emission reduction technologies, will deliver technology to HIF Global’s (HIF) planned eFuels facility in Texas. The plant will produce carbon-neutral fuel – enough to decarbonize over 400,000 vehicles annually. eFuels are produced by combining green hydrogen made from renewable power, and recycled carbon dioxide. HIF´s facility in Texas will […]
Tracking the Energy Transition: Hydrogen Projects on the Move, Solar System Touts Efficiencies, and Global Emissions Return to Pre-Pandemic Levels
A hydrogen storage study, a new pilot in San Diego, and a UK boost lead the energy transition charge along with a new offshore wind project, marketplace for solar procurement, and fresh funds earmarked for emissions reduction. CGG and the University of Edinburgh kicked off a joint project to undertake research into the subsurface storage […]
RWE and ADNOC agree on first LNG delivery to floating LNG import terminal at Brunsbüttel
RWE has reached agreements with two companies from Abu Dhabi: With Abu Dhabi National Oil Company (ADNOC) on LNG supplies and with Masdar, Abu Dhabi’s flagship renewable energy company, on cooperation in offshore wind. ADNOC and RWE have signed a supply agreement on the first delivery of a cargo of Liquefied Natural Gas (LNG) to […]
Stefana Sopco
“I am Stefana and I work as the Head of Content Marketing at Smartflow, a SaaS solution aimed at the digitalization of inspections in the tank storage, petrochemical and maritime industry. The marketing career I built in the last eleven years has taught me that to get places you need to open doors for yourself […]
Shell appoints Wael Sawan as CEO
Gas giant Shell has announced that its chief executive officer, Ben van Beurden, will step down at the end of 2022. The firm has appointed Wael Sawan as the new CEO. In a statement, Shell commented that Wael’s appointment is effective January 1, 2023, when he will also join the board of directors at the […]
The future of LNG Storage
Edward Chen from GTT tells Tank Storage Magazine about the company’s GST LNG tanks and winning the Global Tank Storage Award for Environmental Performance. The gold Global Tank Storage Award for Environmental Performance is awarded ‘to the product or technology that serves to protect the environment and/or reduce emissions at the terminal.’ In 2022, this […]
DNV supports the development of LNG transport and storage capabilities in Italy
DNV has recently advised Italy-based Snam Group (“Snam”) on its acquisition of two Floating Storage & Regasification Units (FSRUs) from Golar LNG and BW Gas Cyprus Limited (“BW”). DNV performed the buyer’s technical and environmental Due Diligence for these important assets, the Golar Tundra and the BW Singapore, which will play a key role in […]
Current pipeline of blue hydrogen projects projected to exceed 2030 targets in the UK
Westwood’s intelligence solution for energy transition stakeholders, Atlas New Energies, launches today, revealing that blue hydrogen is the key to driving development of hydrogen and CCS clusters Aberdeen, UK, 14th September 2022: Latest analysis from Westwood Global Energy Group (Westwood), the specialist energy market research and consultancy firm, reveals that blue hydrogen projects account for […]
TOPSOE and First Ammonia launch zero emission ammonia production with the world’s largest reservation of electrolyzer capacity
Topsoe and First Ammonia signed a 5GW launch company agreement for the reservation of first-of-a-kind, industrial-scale, solid oxide electrolyzer cells (SOEC) to produce green ammonia, a fuel for transportation, power storage and generation, and fertilizer. This is shaping up to be the largest agreement in the world, to date, for any type of electrolyzer and […]
U.S. Venture launches nation sustainability and mobility-focused accelerator
U.S. Venture and gener8tor announce the launch of an investment accelerator programme for start-ups focused on sustainability and mobility in Appleton. The U.S. Venture Mobility and Sustainability Investment Accelerator, powered by gener8tor, will provide investment, support, mentorship, and access to in-state and out-of-state capital for early-stage small businesses and start-ups in the United States and […]
Ecospray gains contract to build additional German bio-LNG plants
The Italian engineering firm Ecospray announces that it has gained a new contract from Germany’s Ruhe Group to build more bio-LNG production plants in the country. The new plant will have an initial capacity of 3 tonnes per day and will supply LNG-powered trucks. Ecospray and the Ruhe Group signed several deals in 2021, and […]
Hydrogen shipping firm gains Chevron investment
Maritime hydrogen technology firm Zero Emissions Industry has gained investment from firms including US energy producer Chevron in its latest funding round. The funding round, which closed recently, was led by investments by Chevron New Energies and provided support from US shipping and logistics company Crowley. The company produces fuel cell power and hydrogen systems […]
UK Government opens consultations for hydrogen transport storage
The UK government has requested consultations for views on hydrogen transport and storage infrastructure business models, as well as regularity arrangements for strategic planning and the role of blending. The announcement follows the government’s commitment to the British Energy Security Strategy (BESS) to create new business models for hydrogen transportation and storage infrastructure by 2025. […]
Sinopec aims to be world leader in hydrogen refuelling
China Petrochemical Corp, also known as Sinopec, the world’s largest refiner by volume, says it will further boost its green hydrogen manufacturing capabilities and expand its hydrogen refuelling network nationwide to establish itself as China’s largest hydrogen company. The company will utilise its nationwide gas refuelling network and actively build its hydrogen refuelling network in […]
IKAV acquires Aera Energy from Shell and ExxonMobil
IKAV, the international asset management group, agrees to acquire Aera Energy LLC (‘Aera’), through two separate transactions with the joint subsidiaries of ExxonMobil and Shell respectively. Both transactions are subject to regulatory approval. Aera, one of California’s largest oil and gas producers, produced an estimated 95,000 barrels of crude oil per day, in 2021. Aera […]
Air Liquide celebrates next generation SMR-X hydrogen plant start-up
Air Liquide’s high-tech SMR-X hydrogen plant — located on the Covestro site in the Antwerp port area — was officially brought into operation on 22 April 2021. What makes the SMR-X so special — compared to a traditional SMR (Steam Methane Reformer) — is that it does not produce excess steam. The result is better […]
Carlton Power plans to build Devon & Cornwall’s first low carbon hydrogen hub
Carlton Power, one of the UK’s most experienced energy infrastructure development companies and the company who originated and developed the Langage gas-fired power station and the Langage solar farm (located eight miles east of Plymouth, Devon) has chosen to build its third hydrogen hub in the UK on land within the Langage Energy Park. The […]
Meet Cyann, Tank Storage Magazine Journalist
What does sustainability mean to you and how important is it? Sustainability has always been a central part of my lifestyle and interests. From being vegan, to finding ways to make my daily routines better for the environment, I believe making small changes is the way forward to a more sustainable future. The fact that […]
Meet Molly, Tank Storage Magazine Staff Writer
What does sustainability mean to you and how important is it? To me, sustainability means making a conscious effort to consider what the world will be like for future generations. It is about fulfilling our needs now without compromising the needs of them. I think if everyone makes small efforts each day, we can all […]
The search for the tank storage industry’s ‘Forty Under 40’ 2023 is underway
StocExpo, the world’s leading bulk liquid storage event, which will be held 14-16 March 2023 at the Rotterdam Ahoy, is searching for the industry’s most dynamic professionals who are under the age of 40. The initiative, now in its second year, showcases the rising stars of the industry – in tank storage, bulk liquid and […]
INEOS Phenol adds 1 million tonnes of production capacity
Phenol and acetone producer INEOS Phenol has agreed to acquire the entire asset base of Mitsui Phenols Singapore from Mitsui Chemicals, a leading Japanese chemicals manufacturer, for a total consideration of $330 million. The business has a turnover of $750 m and employs 120 people, that will transfer to INEOS Phenol, on completion expected during […]
Integrated tank cleaning and emission control
Cristin Johnson of USA DeBusk discusses what to look for in unified project planning and execution. Over the last 20 years, tank cleaning methodologies have evolved with regard to material processing, non-entry cleaning, material removal options, and control and/or destruction of hazardous vapours. Non-entry methods of cleaning tanks to limit human exposure has been the […]
TotalEnergies Marine Fuels completes biofuel operation
A COSCO Shipping Lines containership has been successfully filled with marine biofuel in TotalEnergies’ first such bunkering operation in Singapore. The containership was bunkered with biofuel from TotalEnergies comprising VLSFO (very ow sulphur fuel oil) blended with 20% second-generation, waste-based and ISCC-certified UCOME (used cooking oil methyl ester). Support from the Maritime and Port Authority […]
Advanced clean energy storage project receives $500 million conditional commitment from U.S Department of Energy
Conditional commitment from the DOE’s Loan Programs Office is the latest milestone in the development of the world’s largest green hydrogen hub, which has also secured all other major contracts. The U.S. Department of Energy’s (DOE) Loan Programs Office announced today that it has issued a conditional commitment to Advanced Clean Energy Storage I, LLC, […]
More Government action needed on hydrogen storage in the UK says NWHA
The North West Hydrogen Alliance (NWHA) is urging Government to accelerate its plan for hydrogen storage business models, with a new report making it clear that greater focus is needed on the distribution and storage infrastructure needed to deliver hydrogen at scale. The report finds that support mechanisms to support hydrogen production are progressing well […]
Meet Anamika, Tank Storage Magazine Editor
What was your first week like? The first week was very full-on! I jumped right in with writing up news articles and subediting pieces for the Aug/Sept issue that goes to print next week. On top of that was all the training on new systems – not to mention that I know next to nothing […]
IIR Energy grants Kpler access to refinery data
Kpler has entered into an exclusive partnership with IIR Energy, a leading global provider of refinery data. Through the partnership, Kpler obtains the exclusive right to combine IIR Energy’s refinery data with its own flows and inventories data, to create a new benchmark for crude and refined product market analysis. The rationale behind the partnership […]
UK Government announces shortlisted hydrogen, CCUS and ICC projects
Following the selection of Hynet and East Coast Cluster as Track 1 CCUS clusters in November 2021, the UK Government has selected the power CCUS, industrial carbon capture (ICC), waste and CCUS-enabled hydrogen projects to proceed to the due diligence stage of the Phase 2 Cluster Sequencing process. The 20 projects represent a range of […]
H2H Saltend project proposal clears phase-2
Equinor’s Hydrogen to Humber Saltend (H2H Saltend) production facility has been through Phase-2 of the government’s cluster sequencing process, according to the Department for Business, Energy and Industrial Strategy (BEIS). Next, the selected projects will proceed to the due diligence to allow them to connect to the East Coast Cluster’s CO2 infrastructure and be operational […]
Uniper considers switching in bid to secure Europe’s winter supply
Germany’s Uniper is prepared to swap liquefied natural gas (LNG) it gets from Australia’s Woodside for US gas, so it can boost supplies in Europe more quickly during the coming winter, it said. The strategy reflects efforts by companies and governments across Europe to seek alternative lines of supply and draw up contingency plans for […]
Rosen wins five-year contract for Malaysian pipeline inspection
Rosen Group, a global supplier of pipeline integrity management technology, has won the contract to carry out in-line pipeline inspections across Malaysia for the next five years. Malaysian subsidiary Rosen Engineering will carry out the work for Petronas and Petroleum Arrangement Contractor (PACs). The Pan Malaysia In-Line Inspection (ILI) contract will see Rosen inspect approximately […]
NuStar reports record Permian volumes, ‘solid’ Q2 2022 results
US terminal and pipeline company NuStar Energy has reported what it describes as ‘solid’ Q2 2022 results supported by record volumes of 522,000 bpd in its Permian crude system. These crude volumes represent an increase of 16% compared to Q2 2021 volumes, and are up 2% compared to Q1 of 2022. The company says this […]
Lightning causes huge Cuban oil blaze
Lightning has struck a 55,000 m3 crude oil tank at the Matanzas Supertanker Base in Cuba, causing a huge fire which has left one person dead and more than 120 people injured, while 17 are still reported missing. The fire broke out at around 7pm local time on 5 August 2022, and further explosions occurred at […]
United Energy buys Integrity Terminals
US oil and gas company United Energy (UNRG) has bought Integrity Terminals, which is planning a greenfield bulk liquid storage, import and export facility in Louisiana, US. UNRG previously held a 12% minority stake in Integrity Terminals. One complete, the facility will store, blend, and distribute petroleum products, crude oil, biofuel, green energy, and non-petroleum […]
Egypt and India sign MoU to build a green hydrogen factory worth $8 bln
Egypt has signed a memorandum of understanding (MoU) with an Indian company to build a green hydrogen factory in the Suez Canal Economic Zone, a cabinet statement said on Wednesday. According to the MoU, Indian ReNew Power Private Limited will build a factory to produce 20,000 tonnes of green hydrogen a year, with investments worth […]
GKN Hydrogen, SoCalGas and the National Renewable Energy Laboratory agree to collaborate on the launch of an innovative hydrogen storage solution project
GKN Hydrogen and Southern California Gas Co. (SoCalGas) announce the companies will work with the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) on an innovative green hydrogen storage solution. GKN Hydrogen’s HY2MEGA can enable safe, long duration clean energy storage without the need for compression. At scale, this combined technology could provide […]
H2GO Power Secures £4.3 Million For Green Hydrogen Storage System In Orkney Islands
A consortium led by H2GO Power has secured £4.3 million from the U.K. Government to roll-out a smart hydrogen storage system in the Orkney Islands. The low-pressure hydrogen storage and AI-powered energy management system could displace up to 7,500 gallons of diesel and 90 tonnes of CO2 annually on the islands, which are off the […]
Global energy storage market to reach 500 GW by 2031
Market growth has staggered for global energy storage, with cumulative storage deployments expected to reach 500 GW by 2031, according to Wood Mackenzie’s Global Energy Storage Outlook. Europe demand lags behind as the region’s grid-scale market struggles to stabilise, with only 159 GWh forecasted for the region by 2031, compared to 422 GWh for China […]
Shell USA and Shell Midstream to merge
Shell USA and Shell Midstream Partners are to merge, after the two companies signed a definitive agreement. Under the terms of the deal, Shell USA will acquire all of the common units of Shell Midstream Partners that are currently held by the public at US$15.85 (€15.57) each in cash. The equates to a total value […]