Global LNG trade growth expected to slow to 4% in 2022: IEA
Global LNG trade growth is expected to slow to 4% in 2022, following year-on-year growth of 6% last year on the back of strong economic recovery in Asia, the International Energy Agency said Jan. 31. In its latest quarterly gas market report, the IEA said the LNG demand expansion in Asia during 2021 is expected […]
Inrotech launches a new welding solution
Within the next decade, many countries will build e.g., LNG Storage tanks on a large scale to improve clean energy use, safer provision and reserves of energy. Currently, there is a lack in efficient, high-quality welding solutions. Most of vertical and horizontal welds are manually welded.A strong and reliable welding solution is therefore valuable for […]
Certas energy bolsters commitment to UK logistics with haven service station acquisition
Continuing its programme of investment into UK logistics and haulage infrastructure, Certas Energy, part of FTSE 100-listed DCC plc, have announced the acquisition of Haven Service Station at the Port of Felixstowe. As Britain’s biggest and busiest container port, Felixstowe handles over 4 million TEUs (Twenty-foot Equivalent Units) a year. Haven Service Station is uniquely […]
BP to support Oman in green hydrogen development
British oil and gas major BP have partnered up with Oman to support renewable energy and green hydrogen development in the country by 2030. BP and the Ministry of Energy and Minerals in Oman signed a strategic framework agreement (SFA) and a renewables data collection agreement. These are to support the multiple gigawatts of renewable energy and green hydrogen development. As […]
VARO and GPS complete Amsterdam rail ethanol facility
Storage and logistics provider GPS Group and energy transition company VARO Energy have completed a new railway line and ethanol storage tanks in the Port of Amsterdam in the Netherlands. The two companies announced the project in November 2020. The new ethanol storage tanks at GPS’ storage and blending facility are connected to 20 class 1 tanks […]
Shortlist revealed for the Global Tank Storage Awards
London, 20 January 2022: The Global Tank Storage Awards have announced the 2022 shortlist. Out of a record 200+ entries, companies including Exolum, Rubis and Vesta Terminal have made the shortlist. Now in its fifth year, the Global Tank Storage Awards is committed to recognising terminal achievement, celebrating excellence in safety, sustainability and innovation and […]
StocExpo postponed to May 2022
London, January 2022: StocExpo, the leading international tank storage event, has been postponed from March 2022 to 23 – 25 May 2022 in a decision made in consultation with the community. The live event, which regularly attracts key visitors and exhibitors from across the industry’s biggest, best and most innovative players, will be held at […]
Spliethoff tests biofuels on group vessels
Spliethoff Group has begun trials using biofuel on its vessels in its drive to reduce its CO2 emissions. The first trial took place between June and November last year on BigLift Shipping’s HTV BigLift Baffin. The vessel was supplied with a blend of 50% FAME based biofuel – a second generation biofuel, made from waste […]
Burckhardt Compression and KB Delta enter into strategic partnership
In December 2021, Burckhardt Compression and KB Delta signed a global distribution agreement, effective 1 January 2022. Under the agreement, Burckhardt Compression acts as the worldwide distributor and service partner for KB Delta’s product portfolio of compressor valve parts. KB Delta and Burckhardt Compression have been working together for several years as KB Delta provides […]
Three Evos terminals now run on Vattenfall wind energy
Swedish energy company Vattenfall is to supply three terminals with 100% wind energy after Dutch firm Evos signed new energy supply contracts for 2022. Evos is seeking to significantly reduce carbon emissions associated with its operations and with the new contracts, now has four terminals running on EU wind energy. Two further terminals have guarantees […]
Exxon and Neste collaborate on SAF in France
ExxonMobil has reached an agreement with sustainable aviation fuel (SAF) producer Neste to commercially distribute Neste MY Sustainable Aviation Fuel at France’s largest airports. The agreement comes after the French Government introduced the 1% SAF mandate, which came into force from New Year’s Day.Under the partnership, Neste’s SAF production capabilities will be integrated with ExxonMobil’s […]
McDonald’s UAE marks 20 million kilometres fuelled by biodiesel
McDonald’s UAE has revealed its latest milestone in its biodiesel programme which gets used cooking oil (UCO) from their restaurants converted to 100% biodiesel to fuel their supply trucks. To date, McDonald’s UAE’s supply trucks have travelled 20 million kilometers on pure biodiesel, saving 16,761,117 kg of carbon dioxide and related greenhouse gasses – […]
Government of Karnataka and LNG Alliance to develop LNG import terminal in India
LNG Alliance, together with Government of Karnataka and NMPT, has proposed to develop a major LNG import terminal in Karnataka, India, with an initial capacity of 4 million tpy, and the potential for expansion up to 8 million tpy in line with the estimated demand increase over the next 20 years. In addition, this import […]
Enterprise buys Navitas Midstream for US$3.25 billion
US midstream company Enterprise Products Partners has bought Navitas Midstream Partners for US$3.25 billion (€2.87 billion) from an affiliate of private equity firm Warburg Pincus. Navitas provides natural gas gathering, treating and processing services in the Midland Basion of the Permian in the US. It has 1,750 miles (c2,816 km) of pipelines and once the […]
ExxonMobil announces two new oil discoveries in Guyana
ExxonMobil has made two more discoveries in the Stabroek block offshore Guyana, which add to the previously announced 10 billion oil-equivalent barrels recoverable resource estimate for the block, the U.S. supermajor said on Wednesday. Exxon struck high-quality oil and hydrocarbon-bearing sandstone reservoirs at the Fangtooth-1 and Lau Lau-1 wells in the block off Guyana, which […]
BP signs 10-year piped gas supply deal with China’s state power investment corp
The Chinese unit of British oil and gas company BP has signed an LNG sale and purchase agreement with a subsidiary of China’s State Power Investment Corp (SPIC) for a period of ten years starting in 2023. Under the deal, BP will sell 200,000 metric tonnes of pipeline gas per year to China’s power utility […]
Flowmeters vital to oil and gas industry recovery
A 2021 research study from Flow Research, entitled ‘Flowmeters in the Oil and Gas Industry’, has found that worldwide revenues for all flowmeters sold to the oil and gas industry in 2019 amounted to US$1640 million and forecasts a solid compound annual growth rate (CAGR) of 2.6% over the next five years, for a total […]
Hawaii upholds order to US Navy to empty Pearl Harbor fuel site
Hawaii’s Department of Health (DOH) has upheld an order to the US Navy, first issued on 6 December 2021, to drain the 20 undreground fuel tanks at the Red Hill fuel storage complex in Pearl Harbor, Hawaii. A leak of 14,000 gallons (53,000 L) of jet fuel from the site contaminated drinking water in November […]
Hydrogenious and ESCO form UAE JV for hydrogen
German cleantech company Hydrogenious LOHC Technologies has formed a joint venture with Emirates Specialised Contracting & Oilfield Services (ESCO) to deliver hydrogen infrastructure in the Middle East. The head office of the new Hydrogenious LOHC Emirates is in Abu Dhabi, UAE, and aims to provide solutions for hydrogen storage and transport at any scale and […]
Vopak EGM confirms Richelle appointment
An extraordinary general meeting (EGM) of Royal Vopak has passed a resolution to appoint Dick Richelle as a member of the executive board for four years from 1 January 2022. His term will last until the close of the first general meeting to be held in 2026. Vopak first announced in October that Richelle, a […]
Watson Fuels creates new bunker sites for convenient refuelling
Watson Fuels is pleased to announce the opening of two new bunker refuelling sites located in Sheerness, on the Isle of Sheppey in Kent, and in the Canada Dock area of Liverpool. Conveniently located outside ports, they are in excellent locations for companies filling up before or after delivering goods. Completely automated, the sites are […]
Eni and Sonatrach to cooperate on energy transition
Eni and Sonatrach have signed a memorandum of understanding for cooperation on initiatives in the energy transition. On the same occasion, the two companies have also signed a new oil contract related to the onshore Berkine basin area, where Eni has been a leader since 1981. Eni’s CEO Claudio Descalzi commented: “Today’s agreements are […]
Ep Petroecuador and Primax Sa sign contract for Petroleum Logistics
Ecuador’s state oil company Petroecuador has signed a 15-year contract with fuel distributor Primax for the receipt, transport, storage and dispatch of petroleum products. Petroecuador’s Esmeraldas, La Libertad and Tres Bocas oil docks will be used for the contract, along with associated terminals, pipelines and refineries. The contract forms part of the Ecuadorean government’s strategy, […]
MOL and Vopak to operate Hong Kong LNG terminal
Vopak will acquire 49.99 percent of the vessel owning company of MOL that owns a floating storage and regasification unit (FSRU) MOL FSRU Challenger, to be renamed Bauhinia Spirit. MOL and Vopak will jointly own and operate the FSRU and provide jetty operations & maintenance and port services for a new FSRU-based offshore LNG terminal […]
Broco Energy terminal fire an accident
A fire at Broco Energy’s fuel terminal in Haverhill, Massachusetts, US, on 14 December 2021 that destroyed a tanker truck and several vehicles has been found to have been an accident. Local eyewitnesses reported hearing an explosion shortly before 12 noon local time and firefighters arrived to find ‘multiple’ fires burning. Fire crews took around […]
Quick-fire round with Elmac Technologies
Meet Lewis Porter, our European Sales Manager and an integral member of the Elmac team How long have you been in the Bulk Storageindustry? I have worked within the Bulk Storage industry for almost 8 years. 3 years with Elmac Technologies and almost 5 years within the Engineering Department of a well-established Chemical Manufacturing Plant. […]
Heather Parsons
My name is Heather Parsons and I am the Project Coordinator at Elmac Technologies. Elmac has supported the Bulk Storage industry for more than 70 years. In that time, they have developed an enviable, global reputation for manufacturing patent-protected Flame Arresters and Pressure Protection Equipment. My role consists of handling incoming and outgoing documents, liaising […]
Nicole Eggert
Greetings from Hamburg, Germany. My name’s Nicole and I’ve been a Developer on the terminal management system OpenTAS for 20 years and counting. I started my apprenticeship at Implico Group in the early 2000s. Back then, the company was still called RZB. Initially, I applied for the job because I wanted to do something that […]
Early HSE Warning System by Information Theory
When I visit a terminal’s control room I often observe that there is a whiteboard on the wall where, for example, information about needed repairs such as faulty valves, the phone on jetty 5 doesn’t work, rain water of floating roof tanks due to blocked roof drains or equipment out of operation, etcetera are recorded. […]
StocExpo 2022 conference programme out now: Preparing for change
StocExpo, the largest and longest running international bulk liquid storage event, which returns 8-10 March 2022 at the Rotterdam Ahoy, has unveiled a jam-packed conference programme exploring the future of tank storage. The conference, organised by Tank Storage Magazine, will take place over all three days of the event, and will feature some of the […]
McDermott completes LNG study for Shell
On behalf of Shell Global Solutions International B.V. (Shell), McDermott recently completed an LNG construction study identifying tangible reduction pathways toward net zero construction emissions. The results of this study provide a strategic framework for reducing greenhouse gas (GHG) emissions in LNG facilities during the project execution phase. “Operators continue to seek actionable plans to […]
ADNOC and AD Ports Group to develop new port and logistics facility for TA’ZIZ
Abu Dhabi National Oil Company Logistics and Services (ADNOC L&S) and AD Ports Group have signed an agreement to develop a new port and liquids terminal at TA’ZIZ chemicals production and industrial hub in Ruwais, UAE. The new terminal will form part of the feedstocks supply chain and store and load final products for export. […]
Kenya’s new oil terminal nears completion
The new Kipevu Oil Terminal in Mombasa is due to start in January 2022 and will see Kenya double its capacity to handle transit petroleum products to Uganda, Rwanda and Burundi, from the current 35,000 tonnes. The $385 million (€338 million) terminal can handle up to four vessels at a time compared with the old […]
Viridos signs deal with Exxon to help scale up algae biofuels
Biotech firm Viridos has signed a joint agreement with ExxonMobil Research and Engineering to bring its low-carbon intensity biofuels toward commercial levels.The company’s microalgae research has achieved greater than five times bio-oil productivity increases by increasing both the oil content in the algae and the algae yield.The results from outdoor deployment of Viridos’ bio-engineered strains […]
Hydrogenious Is Using Conventional Fuel Infrastructure To Scale Green Hydrogen Adoption
In 2019, as part of the European Green Deal, the European Commission (EC) adopted plans for Europe to become the first climate-neutral continent by 2050. To meet the net-zero emissions target, the EC identified green hydrogen as a central element to decarbonise the European Union’s energy mix and aims to invest heavily in unlocking the potential of the technology to reduce GHG […]
Vopak reports Q3 2021 results
Vopak has reported Q3 2021 revenues of €309.5 million, up slightly from its Q2 revenues of €303.1 million, and an increase of €12.5 million compared to Q3 2020. The company’s EBITDA, adjusted for €13 million negative currency effects, increased by €29 million compared to Q3 2020, driven by a growth project contribution of €35 million […]
First phase of 20-MW Scottish renewable hydrogen project wins state backing
The first phase of ScottishPower’s 20-MW Whitelee Windfarm hydrogen production and storage project has been awarded GBP9.4 million ($12.6 million) of funding by the UK government’s Energy Innovation Portfolio competition, the Department for Business, Energy and Industrial Strategy said Nov. 22. Support for what would be the largest electrolysis project in the UK to date […]
WEG to deliver combined solution to a major hub for crude oil storage in the Middle East
Leading drive and motor manufacturer, WEG has been awarded a contract to deliver a combined solution to a major hub for crude oil storage in the Middle East. The Ras Markaz Crude Oil Park project in Oman will be served by flameproof tube-cooled motors and medium voltage drives, designed and manufactured by WEG. The government […]
Arbor Renewables to start work on new biofuels plant
Arbor Renewable Gas has selected a 53-acre site for its first renewable biofuel plant.The Spindletop Plant is located in Beaumont, Texas, and was selected for its access to critical infrastructure and feedstock.The plant will produce approximately 1,000 barrels per day of high quality “drop-in” renewable fuel.The biofuel will be produced from woody biomass generated from […]
TGE gas engineering and China Chengda Engineering Co Ltd sign EPC contract
TGE said: “We are proud to announce that the consortium of TGE Gas Engineering and China Chengda Engineering Co Ltd has signed the EPC contract for the Yangjiang LNG Peak Shaving Storage Project.” The project is located in Yangjiang, Guangdong Province and includes 2 x 160,000 m³ pre-stressed concrete full containment LNG storage tanks, including […]
Energy Taxation Directive to Support EU Decarbonisation Targets
The European Commission has adopted a recast Energy Taxation Directive in the context of the Fit for 55 Package, in order to ensure that tax rates for energy products can support decarbonisation targets. As demonstrated by the EU decarbonisation strategy for 2050, energy storage technologies are playing a valuable role in the transition to a low-carbon energy system. […]
Neste to receive funding from the EU Innovation Fund to develop its Porvoo refinery through green hydrogen production and carbon capture & storage
The EU Innovation Fund has given a positive grant decision of EUR 88 million funding to Neste’s green hydrogen and CO2 capture & storage project, which aims to quickly and efficiently reduce greenhouse gas emissions at the Porvoo refinery in Finland. The project introduces carbon capture and storage (CCS) and electrolysis solutions that allow decarbonisation […]
SPRINT Robotics set to wow with StocExpo’s new Innovation Trail
Inspection and maintenance robotics will be the focus of the Innovation Trail at StocExpo, the largest and longest running international bulk liquid storage event, when it returns 8-10 March 2022 at the Rotterdam Ahoy. Delegates will have the chance to see and interact with very latest innovations in robotic technology on StocExpo 2022’s Innovation […]
HRS managing ongoing supply chain challenges
Like other manufacturing businesses, HRS Heat Exchangers has had to adapt its day-to-day operations to cope with the supply chain disruption caused by the COVID-19 pandemic and increased demand in the post-COVID recovery period. Here, HRS International Sales & Marketing Director Matt Hale outlines some of the steps that the business has taken to maintain […]
Water cut affects the budget on many levels
Water cut monitoring is a pivotal element in evaluating the quality of oil exchanged between refineries and suppliers. The evaluation of the water cut can be performed in many ways, but because drifting and inconsistencies in water cut measurement can be expensive for all parties involved, trustworthiness of the instrumentation used is paramount: not only […]
Shell concludes divestment of Puget sound refinery to HollyFrontier
Royal Dutch Shell, through its subsidiary, has divested its Puget Sound Refinery in Washington, US to a subsidiary of petroleum refiner HollyFrontier. The deal, which was signed in May 2021, has an aggregate cash consideration of $613.6m. This includes a $350m base cash purchase price, hydrocarbon inventory with around $266.2m estimated closing value, and $2.6m […]
New agreement to fund renewable fuel facility
Evolve Transition Infrastructure and HOBO Renewable Diesel have signed an agreement to fund the construction of a new facility expected to produce more than 120 million gallons of renewable fuels annually (9,300 barrels per day). Houston-based Heating Oil to Bean Oil (HOBO) converts waste feedstocks into renewable diesel for renewable fuel producers. HOBO Renewable Diesel […]
Greenergy and ASBL to produce biofuels from waste
UK-based fuel supplier and distributor Greenergy has signed an agreement with Advanced Biofuel Solutions (ABSL) to develop, construct and operate up to five municipal waste-based biofuel plants in the UK. The first plant will be based in Ellesmere Port. Design work has already begun and start-up is expected in 2025. It will process 133,000 tpa […]
Neste extends its climate commitments
Neste has two existing and ambitious climate commitments: reaching carbon neutral production (Scope 1 & 2*) by 2035 and helping its customers reduce their greenhouse gas emissions by at least 20 million tons of CO2e annually by 2030. This work is well on track. Neste has now decided to also set a concrete target for […]
StocExpo Returns in 2022: Register Now!
StocExpo, the largest and longest running international bulk liquid storage event, is finally back live and in-person from 8-10 March 2022 at the Rotterdam Ahoy. Registration is now open for the most eagerly anticipated bulk liquid storage event of all time, StocExpo 2022. The three-day exhibition will give the industry a much-needed opportunity to network, […]