INEOS and SINOPEC sign three significant petrochemical deals
INEOS and SINOPEC have signed three back-to-back deals worth a combined value of $7 billion. These landmark agreements are expected to generate a combined turnover of around $10bn from 7 million tonnes of capacity. INEOS said: “The three agreements will significantly reshape INEOS’ petrochemicals production and technology in China.” Firstly, INEOS has agreed to acquire […]
Crucial breakthrough in hydrogen energy generation, storage and transportation announced
Renewable energy company – EPRO Advance Technology (EAT) – has today announced a breakthrough in green hydrogen energy generation and energy storage, revealing what is believed to be the easiest and lowest cost way to deliver hydrogen that the world has seen. This revolutionary process has the potential to kick start the hydrogen economy, bringing […]
Advanced Sustainable Technologies (AST) joins the AHP
The African Hydrogen Partnership (AHP) is delighted to welcome Advanced Sustainable Technologies (AST) as its first member specialising in Waste-to-HydrogenPower. Advanced Sustainable Technologies (AST) Ltd. – a global leader in waste management technology, which utilises its proprietary waste to value platforms to enable a circular economy as part of its vision of a more sustainable […]
Vattenfall and Preem to investigate large scale decarbonization using offshore wind and hydrogen
Vattenfall and Preem will now enter into a feasibility phase to assess the possibility of accelerating the development of a value chain connecting offshore wind and hydrogen with the refining industry on the Swedish west coast to swiftly transform to fossil-free fuels, starting latest 2030. Vattenfall sees a huge potential to decarbonize industries like refining, […]
Mitsui Chemical and hibot adopt robotics technology for inspection of industrial infrastructure
Hibot Corp., an innovative robotics start-up pioneering infrastructure maintenance applications, started conducting remote inspection of industrial facilities in Japan with its Float Arm robot. The first inspection in Japan was conducted at the Mitsui Chemical plant in Osaka, and involved the inspection of pipes in structures that are difficult to reach, located about 20m above […]
Meet Chloe, Marketing Intern
What was your first week like? My first week has been exciting, full of learning opportunities and I’ve loved meeting so many new people, who have all been so welcoming and kind! Although it’s sometimes a lot to take in, the knowledge I have from university and the help my new colleagues have given me […]
Breakthrough “Plastics Waste to Hydrogen” Trial Launched in Partnership With Oxford University Academics
CarbonMeta Technologies (OTC PINK:COWI) today announces that its wholly owned subsidiary, CarbonMeta Research Ltd., is commercialising a breakthrough technology dubbed “microwave catalysis”, from the University of Oxford and the firm is making plans to process waste plastic at scale in custom-designed microwave machines, which will yield high value products for industry. One metric ton of plastic mixed […]
Amogy Raises $46 Million in Funding to Accelerate the Commercialization of its Ammonia-to-Power Technology Across Heavy Duty Transportation
SK Innovation leads bridge round that also includes Amazon through its Climate Pledge Fund, AP Ventures, Saudi Aramco Energy Ventures, and Newlab. Following successful ammonia-powered drone and tractor demonstrations, Amogy will use the funding to further scale its technology to accelerate its commercialization of zero-emission heavy transportation applications Brooklyn, New York, June 23, 2022 – Amogy […]
The New Anglia “Hydrogen Hub”: A different type of cluster
The purpose of this paper, published on 24 August 2021, is to: Provide a high-level summary of the published UK Hydrogen Strategy and the supporting documents Identify the main themes of stakeholder comment on it Identify key implications for the East of England Set out how this region can demonstrate leadership in development of an alternative type […]
The world’s first CO2 battery for long-duration energy storage is being commercialized (update)
Italian startup Energy Dome has now begun to commercialize the world’s first CO2 Battery, which was launched earlier this month in Sardinia, Italy. The battery uses carbon dioxide to store renewable energy on the grid, and Energy Dome says the technology can be quickly deployed anywhere in the world. June 28 update: Energy Dome today […]
North Sea Oil Producers Progress Offshore Carbon Storage Scheme
Neptune Energy, XTO Netherlands (a subsidiary of ExxonMobil), Rosewood Exploration and EBN capital have announced an agreement to advance a large-scale offshore carbon capture and storage project in the Dutch North Sea. This stage of the project expects to store 4-5 million tonnes of CO2 annually within depleted gas fields operated by Neptune Energy in […]
ExxonMobil and QatarEnergy to expand LNG production with North Field East agreement
IRVING, Texas – ExxonMobil and QatarEnergy today announced they have signed an agreement to further develop Qatar’s North Field East project, which will expand Qatar’s annual LNG capacity from 77 million tons to 110 million tons by 2026. The deal was announced at QatarEnergy’s headquarters in Doha. ExxonMobil awarded 25% interest in North Field […]
ExxonMobil, Grieg Edge, North Ammonia, GreenH to assess low-emission hub at Slagen terminal in Norway Tanzania’s Taifa Gas Licensed to Set up Plant in Kenya
IRVING, Texas – ExxonMobil, Grieg Edge, North Ammonia, and GreenH have signed a memorandum of understanding to study potential production and distribution of green hydrogen and ammonia for lower-emission marine fuels at ExxonMobil’s Slagen terminal in Norway. Potential production of up to 20,000 metric tons of green hydrogen; distribution of up to 100,000 metric tons […]
Tanzania’s Taifa Gas Licensed to Set up Plant in Kenya
Tanzania’s biggest gas dealer Taifa Gas has been licensed to set up a gas plant and storage facilities at a site in Dongo Kundu near the port of Mombasa to supply LPG for domestic, commercial and industrial use. The company, owned by Tanzanian business magnate Rostam Aziz, is expected to bring healthy competition to the […]
What we learned at StocExpo2022
Digitalisation Everywhere – Three days of StocExpo summed up. StocExpo, the largest and longest-running international bulk liquid storage event, took place from 23rd to 25th May. Rotterdam Ahoy proved the perfect venue for exhibitors to receive visitors from across the globe and provided an excellent opportunity to showcase new solutions, products, and services. As […]
Honeywell And EnLink Midstream Will Collaborate To Deliver Carbon Capture Solution
Carbon capture solution targets industrial-scale carbon dioxide (CO2) emitters along the Louisiana Gulf Coast Proven Honeywell carbon capture technology complements EnLink’s extensive pipeline infrastructure and projected sequestration connections to provide full service, capital-efficient service offerings Honeywell will conduct a feasibility study for a potential retrofit of existing assets at its Louisiana facilities, including a carbon […]
Braskem Idesa and Advario Announce Partnership to Construct the Puerto Mexico Chemical Terminal in Veracruz
Mexico City, June 15th, 2022-. Braskem Idesa (BI) announces the signing of an investment agreement with Advario for a joint 50% stake in the construction and operation of an ethane import terminal in Mexico, called “Puerto Mexico Chemical Terminal” (Terminal Química Puerto México or TQPM, in Spanish). The project’s total investment will be approximately US$400 […]
MoP Launches Construction of New Petroleum Zone in El-Tebbin
The Minister of Petroleum and Mineral Resources Tarek El Molla announced the launch of the construction of the petroleum zone in El-Tebbin at the “Modern Area” on an area of 1,000 feddans, the ministry said in a statement. The zone will consist of several projects including the infrastructure expansion for the petroleum transportation grid from and […]
OCI gears up to meet growing ammonia demand with Rotterdam terminal expansion
OCI NV, a producer and distributor of natural gas-based fertilizers and industrial chemicals based in the Netherlands, has made a final investment decision (FID) for the first phase of its ammonia import terminal expansion project at the Port of Rotterdam. As disclosed, the expansion will be developed under a staged investment approach, with an initial […]
Shell to supply LNG to power Philippines’ future growth
In the recently concluded Euromoney Philippine Investment Forum 2013, Mike Takeda, Shell General Manager for LNG Development, South East Asia and one of the panelists in the Energy and Power discussion, highlighted the benefits of natural gas and the need to diversify the Philippines’ energy mix. “People are realizing the benefits of cleaner-burning natural gas […]
War in Ukraine impacting the energy transition
The latest insights from new analysis by Wood Mackenzie, a Verisk business, suggests that the war in Ukraine is transforming the outlook for the supply, demand and price of hydrocarbons and the pace and cost of the energy transition. While the precise timing and implementation of future bans on Russian commodity imports are difficult to […]
Aramco releases new sustainability report
The Saudi Arabian Oil Company (Aramco) has published its first sustainability report, which outlines ways in which the company plans to further tackle emissions while delivering reliable, affordable energy solutions. The report, which the company expects to update on an annual basis, provides further information on Aramco’s efforts to support the broader energy transition, with […]
Fortum and Gasgrid announce a deal for Finland’s first floating LNG import terminal
Fortum and Finnish gas system operator Gasgrid have announced a deal to place Finland’s first floating LNG import terminal at the Baltic Sea port of Inkoo, aiming to have it ready to operate next winter. The planned floating storage and regasification (FSRU) terminal, which was first announced in April, is crucial to secure Finland energy […]
Asphalt tank catches fire in Missouri
A 2,200 gallon (8,328 L) asphalt tank caught fire at a depot owned by Spirit Asphalt in St Louis, Missouri, US, leading to the explosion of a nearby generator. Fire crews from the local Hazelwood Fire Department (HFD) were dispatched to the site at 10.52am local time on 9 June 2022. All of the department’s […]
Kenya’s Plan to Seize LPG Logistics Business from Tanzania
Kenya seeks to dominate in the supply of liquefied petroleum gas (LPG) by constructing the biggest import and storage gas facility in Mombasa and licensing more private companies to compete with Tanzania which has dominated the business for years in the region. The announcement to construct a 25,000 tonnes storage facility by the Kenya Pipeline […]
WASAA to upgrade newly acquired East London terminal capacity
Local black women-owned and managed petrochemicals company Wasaa has completed the acquisition and handover of the East London liquid fuel import terminal from energy multinational BP Southern Africa (BPSA). The company’s subsidiary Wasaa Terminals will upgrade and increase capacity of the terminal. Investment projects have been identified to reduce bottlenecks at the terminal, as well as potentially to reduce bottlenecks at the port, said […]
Portland Port to enhance its green hydrogen generation capability
UK Oil & Gas (UKOG) announced that its wholly owned subsidiary, UK Energy Storage Ltd (UKEn) has signed an Agreement to Lease (A2L) with Portland Port Limited (PPL) covering two sites at the former Royal Navy port in Dorset, with the intent to develop a planned integrated Energy-Hub, centred around hydrogen-ready gas storage and a […]
Exolum inaugurates the expansion of its facility to improve fuel supply at Zaragoza Airport
The company has invested 5 million euros in the extension of the airport facility with three new storage tanks and a direct connection by pipeline for fuel supply The renovation will make it possible to provide a better service to the various operators at Zaragoza Airport and maximise efficiency reducing CO2 emissions and tanker traffic […]
Vision Hydrogen Acquires Advanced Renewable Fuels Development Project
Vision Hydrogen Corporation (OTCQB: VIHD) (the “Company”) announces that it has acquired a 100% interest in a 14 Ha port development project (the “Project”) for the storage and distribution of low carbon and renewable fuels, including hydrogen carriers such as ammonia, methanol and liquid organics, strategically located in Vlissingen (Flushing) at the mouth of the Westerschelde estuary […]
Shell announces the roll-out of 2,500 TWTG sensors
“We are delighted by the trust put into TWTG for the delivery of our NEON solution, which will be accompanied by our SolidRed IoT platform to carry out complex data analytics to depict the full spectrum analysis,” said Herrwerth following the joint presentation. The project demonstrates the benefits of condition-based asset monitoring to industrial sites. […]
UKOG plans UK hydrogen salt storage at Portland Port
Exploration and production company UK Oil & Gas (UKOG) is planning an energy hub based around a possible 1.2 billion m3 of hydrogen salt cavern storage under land owned by Portland Port in Dorset, UK. UKOG has signed a lease agreement with Portland Port for two sites under the former Royal Navy port for the development […]
Crowley inaugurates LNG terminal in Puerto Rico
Over the course of several years, Crowley has fostered strong relationships with the government and businesses of Puerto Rico. This allowed the company to play a pivotal role in supplying sustainable fuel sources to the island. “As Puerto Rico moves forward on its quest to transform its dated and fragile electric generation system into a […]
Exolum inaugurates Zaragoza Airport expansion
Spanish bulk liquids logistics company Exolum has inaugurated the €5 million expansion of its aviation fuel storage and distribution facility at Zaragoza Airport in Spain. The facility includes three supply tanks to store 1,200 m3 of aviation kerosene (JET A-1), , a new road tanker unloading area for the receipt of external products, four automated road […]
Winners revealed at the 2022 Global Tank Storage Awards
The 5th Global Tank Storage Awards took place in Rotterdam on 24 May 2022. More than 200 attendees gathered to hear the winners recognised for their excellent contribution to safety, innovation and sustainability in the tank storage sector. The Terminal of the Future Award went to Exolum’s San Fernando de Henares – Torrejón de Ardoz […]
StocExpo returns triumphant
StocExpo, the world’s biggest platform for the tank storage industry, made a triumphant return this week with over 150 exhibitors, thousands of visitors and a jam-packed conference. Thousands of industry professionals, including representatives from the likes of Shell and Vopak, as well as key terminals and storage players from over 100 countries worldwide, gathered […]
Leading global event for Inspection & Maintenance Robotics to take place in Amsterdam in 2022
The 2022 edition of the SPRINT Robotics World Conference for Inspection & Maintenance Robotics will be held in person at RAI Amsterdam from September 27-28, 2022. The two-day conference and exhibition has grown to become the leading global event for robotics for Inspection, Maintenance and Cleaning. The importance of meeting each other face-to-face drove the […]
Tank fire stops operations at Pemex Salina Cruz refinery
Operations ceased at the 330,000 bpd Salina Cruz refinery in Oaxaca state, Mexico, owned by Mexico’s state oil company Pemex, following a fire in a gasoline tank on 16 April 2022 which took 24 hours to extinguish. Pemex has not yet discussed the cause of the fire, in tank TV-102 in the pumping and […]
US ends winter with lower natural gas storage levels
Increased heating demand for natural gas this past winter resulted in more withdrawals from US natural gas storage than normal, reports the US Energy Information Administration (EIA). By the end of March, the least amount of natural gas was held in US underground storage in the Lower 48 states since 2019. In January, temperatures across […]
The evolution of process optimisation
Launched in 2015, the World Economic Forum initiative has determined digitalisation as an indisputable requirement, resulting in the oil and gas industry taking a fresh look at its boundaries. The pandemic has accelerated digitalisation, and companies quickly learned that they had to become more agile to respond to significant disruptions and demand fluctuations when the […]
IEA members to release oil stocks
The governing board of the International Energy Agency (IEA) has confirmed that its members will release 120 million bbl of oil from emergency stocks, as it seeks to curb the rising price in oil. Global oil markets are strained following Russia’s invasion of Ukraine, and on 1 April, IAE member countries unanimously agreed to take […]
First Hydrogen develops new green hydrogen production projects
First Hydrogen has announced its strategy and road map for the advancement of its energy division. The company is engaged in developing green hydrogen production projects initially in the UK and Canada. First Hydrogen has reported that it has identified four industrial sites in the UK and is advancing discussions with landowners to secure land […]
UK’s first in-land HVO fuel terminal launches with Gd+ diesel replacement
Businesses and other fuel suppliers across the country can now access over half a million litres of drop-in diesel replacement fuel from Craggs Energy’s Head Office in Hebden Bridge, and its largest fuel terminal in Padiham, Lancashire. Craggs Energy has selected Green Biofuels’ Gd+ HVO to provide B2B suppliers, customers and businesses a renewable alternative […]
Dearman Systems announced new supply chain software solution
Dearman Systems, a software company focused on the bulk commodity industry with a history in terminal automation, has launched a supply chain software solution called LYNX that automates product movement operations and administrative work across the bulk commodity supply chain in real-time. LYNX allows customers purchasing bulk commodities to input orders or manage allocations in […]
Meet Nathan, Senior Marketing Executive
What was your first week like? It was very exciting to get to learn more and more about the industry. The industry is becoming more dynamic, and I have joined in the busiest period of the lead up to StocExpo 2022, so it is providing a good challenge to understand and execute what our visitors […]
Eni and Air Liquide to focus on the decarbonisation of hard-to-abate industries in Europe
Eni and Air Liquide have entered into a collaboration agreement aimed at assessing decarbonisation solutions in the Mediterranean region of Europe, focused on hard-to-abate industrial sectors. The two companies join forces combining their well-established expertise and know-how to enable CO2 capture, aggregation, transport and permanent storage. Carbon capture and sequestration (CCS) represents one of the fundamental […]
Anglo American completes first sea trial using biofuel blend
Anglo American has successfully completed a sea trial using biofuel blended with very low sulphur fuel oil (VLSFO), reducing carbon emissions by approximately 10%. The trial further demonstrated the potential for sustainable biofuel to be used as a ‘drop-in’ fuel, improving its viability to help reduce emissions in the shipping sector. The fuel was blended […]
RWE to build ammonia terminal at Brunsbüttel
German energy company RWE is planning an ammonia terminal at Brunsbüttel, Germany in the immediate vicinity of the German LNG Terminal. Earlier in March 2022, RWE joined forces with Dutch gas company Gasunie and signed a memorandum of understanding with German state-owned bank Kreditanstalt fur Wiederaufbau (KfW) to develop the German LNG Terminal. RWE says that […]
Climate change: EU unveils plan to end reliance on Russian gas
As countries scramble to reduce their reliance on Russia’s oil and gas in the wake of its invasion of Ukraine, few places are as exposed as the European Union. The EU gets roughly 40% of its gas from Russia: According to figures from research group Transport & Environment, this dependence costs around $118m a day. […]
Marathon in joint venture with Neste over renewable fuels project
Marathon Petroleum Corp has announced it has entered into definitive agreements to form a joint venture with Neste for its Martinez renewable fuels project. The partnership will be structured as a 50/50 joint venture with Neste expected to contribute a total of $1 billion (€0.9 billion), inclusive of half of the total project development […]
Oiltanking starts up OAGT LPG tank
Oiltanking Antwerp Gas Terminal (OAGT) is starting operations at its 135,000 m3 LPG storage tank, one of the largest in Europe. OAGT has designed, engineered and built the tank to supply Borealis’ new world-scale propane dehydrogenation (PDH) production facility in Belgium. Propane will be stored in the tank at -40˚C, and the tank is currently being […]