ICIS launches global database of chemical recycling projects
Targets set by brand-owners and regulators have been contributing to a growing demand for recycled plastics globally, particularly for use in food and beverage packaging. However, supply of high-quality food grade recycled polymer material remains limited. To assist the industry in effectively securing supply of recycled resins suitable for these applications, ICIS has announced the […]
Petronas Gas subsidiary soliciting bids for proposed LNG storage tank in Pengerang
Petronas Gas Bhd’s 65 percent-owned subsidiary Pengerang LNG Sdn Bhd has announced a non-binding expression of interest (EOI) for a proposed liquefied natural gas (LNG) storage tank in Pengerang, Johor to be used for LNG storage and reloading activities. In a statement on Petronas Gas’ website, the company said the EOI, which was published on […]
Tank Storage Association launches Energy Transition Charter
The Tank Storage Association (TSA) has formally launched a new Energy Transition Charter affirming the sector’s shared commitment to supporting the achievement of the UK’s climate neutrality targets. The Energy Transition Charter has been developed in conjunction with member organisations and is accompanied by strategic commitments to encourage leadership, innovation, skills development, promotion and engagement. […]
Future of Biofuels
GIDARA Energy is a Dutch technology-based energy company focused on converting non-recyclable waste into syngas – a clean and versatile source of energy. The company’s first plant, Advanced Methanol Amsterdam (AMA), will produce an average of 87.5 kilotons per annum (KTA) of renewable methanol from 175 KTA of local non-recyclable waste. AMA includes a testing […]
Oiltanking completes sale of four European terminals to Evos
Oiltanking is pleased to announce that it has completed the sale of its 55% stake in four European liquid storage terminals to Evos through its entity Evos Finance B.V. Evos, owned by funds managed by First Sentier Investors, will also acquire the 45% stake in the terminals held by co-shareholder 3i Infrastructure plc. Oiltanking completed […]
Calumet awards seven-tank contract to Matrix
US specialty petrochemicals producer Calumet Specialty Products Partners has awarded a contract for the engineering, fabrication and construction of seven new renewable diesel storage tanks in Great Falls, Montana, US, to Matrix Service. Calumet is building a new renewable fuel plant in Great Falls, which is expected to be operational in Q2 2022. The new […]
REG renewable diesel plant to expand
Renewable Energy Group held a ground-breaking ceremony to celebrate the start of the expansion of its renewable diesel plant at REG Geismar. The project will take total site production capacity from 90 million gallons per year to 340 million gallons per year. REG Geismar was the first renewable diesel production facility in the US and […]
Vopak Solar Park Eemshaven opens
Vopak Solar Park Eemshaven, a joint venture between Vopak, Groningen Seaports, and funds managed by Whitehelm Capital, has opened in Groningen in the Netherlands. The 25 MW facility has been constructed on a 19 ha site next to Vopak Terminal Eemshaven. It will supply energy equivalent to the use of 8,000 Dutch households to the […]
Howard energy partners named as ‘most improved’ in GRESB assessment
US midstream company Howard Energy Partners (HEP) has been named as the most improved in the GRESB 2021 Infrastructure Assessment. GRESB (formerly Global Real Estate Sustainability Benchmark) is an index which assesses the environmental, social and corporate governance (ESG) performance of assets including buildings and infrastructure. It is one of the world’s leading sustainability benchmarks, […]
ExxonMobil plans to increase carbon capture at LaBarge facility
ExxonMobil has initiated the process for engineering, procurement and construction contracts as part of its plans to expand carbon capture and storage (CCS) at its LaBarge, Wyoming, US, facility. The expansion project will capture up to 1 million t of CO2, in addition to the 6 – 7 million t already captured at LaBarge each […]
Extensibility of Point Cloud Data
This for me is one of the biggest unique selling points for 3D scan data… if managed correctly. “Not just what you want from it now, but the sites future requirements” All About Scanning 3D Laser Scanning has been around for nearly 20 years. It’s a line-of-sight surveying technique that captures everything within 360° of […]
Neste and Hesburger to launch a significant circularity collaboration – used cooking oil collected from more than 300 restaurants to produce renewable diesel
Neste and Hesburger, a Finnish restaurant chain, will engage in a significant circular economy collaboration. Used cooking oil from more than 300 Hesburger restaurants in Finland and in the Baltics will be recycled to produce renewable diesel. As a result of the collaboration, Hesburger will begin using Neste MY Renewable Diesel™ in the majority of its transport […]
Uniper supports further Gate expansion
As part of an already long-standing, successful cooperation with Uniper, Gate terminal B.V. plans to invest in a further capacity expansion of 1.0 bcm per year. Together with the earlier announced investments to increase the capacity by 0.5 bcm per annum this will result in a total capacity of 13.5 bcm per annum. The additional […]
The future of inspections is now
This whitepaper depicts why transitioning to a digital data management system and embracing data mobility will help companies connect their workers while simplifying the inspection process. More than twenty executives and professionals in the inspection field participated at ‘The Inspector of the Future’ digital roundtable, organized by Smartflow and Zebra Technologies. Among other topics, the […]
Report released on the Alaska LNG Project
In a new report, the Alaska Gasline Development Corporation (AGDC) detailed the significant environmental and climate benefits achieved by developing the Alaska LNG Project, which will utilise North Slope natural gas to replace high-emissions coal in heavily polluted Asian markets and substantially reduce global greenhouse gas emissions. Alaska Governor Mike Dunleavy said, “Alaska has some […]
NuStar Energy closes on sale of Eastern US terminals to Sunoco LP for $250m
NuStar Energy LP has announced that it has closed on the sale of its Eastern US Terminals to Sunoco LP for $250 million. The Eastern US Terminals are comprised of eight terminal locations: Andrews AFB in Washington, DC, Baltimore, MD, Blue Island, IL, Jacksonville, FL, Linden, NJ, Paulsboro, NJ, Piney Point, MD, and Virginia Beach, […]
Van den Bosch expands deep sea activities
Van den Bosch is expanding its deep sea activities with five hundred new 20ft tank containers and a cleaning station in Ivory Coast. In doing so, the logistics service provider is meeting the growing demand for deep sea transport using ISO tanks for the food industry. Van den Bosch is one of the biggest bulk […]
GES and Stena to collaborate on LNG
Stena owns three LNG carriers which can be used as FSRUs or as floating storage, potentially together with innovative jetty-less and offshore power solutions that do not require onshore facilities. “This is an exciting and important partnership for GES. We regard LNG as an important transition fuel, especially in emerging markets where there is a […]
£3m empty container park to strengthen resilience for customers
DP World has opened an 11.5 acre empty container park at Southampton to increase storage capacity and maintain service levels for customers during the peak pre-Christmas season. The new facility holds additional empty containers to meet customers’ requirements, a critical factor in keeping supply chains moving at a time when dwell times at terminals across […]
Exolum appoints Rose García as chairwoman
Spanish terminal company Exolum has appointed Rose García as its new chairwoman, replacing José Luis López de Silanes, who is retiring and will now become honorary chairman. García is the first woman to hold the chair in almost 100 years of the company’s history. She has more than 30 years of experience in industries such […]
Automated container conditioning monitoring from Finland
Finland-based ConexBird uses vibration and oscillation technology to determine the condition of the cargo and tank container automatically. Invented and patented by Teuvo Heikkilä, co-founder and CEO of ConexBird, the system takes vibration footprint of a container (with or without cargo) that can be compared with subsequent readings to determine whether there has been any […]
IOC perseveres with expansion of refineries
Indian Oil Corporation will pursue the expansion of its refineries to meet the anticipated growth in oil demand, but many of those projects will have much lower carbon footprint because of the use of green power, the company’s chairman Shrikant Madhav Vaidya said. “India needs to add at least 100 million mt/year refinery capacity to […]
Fluke launches world’s first clamp meters for solar power installations with CAT III / 1500 V safety rating
New clamp meter offers solar testing at 1500 V while providing the highest safety rating at this voltage and offering improved ease of use. Eindhoven, Netherlands. October 4, 2021: Fluke has today announced the launch of a new clamp meter designed to measure solar installation voltages at the new standard of 1500 V, while offering […]
KNM wins power facility deal worth RM13.4 million
KNM Group Bhd, which is involved in oil and gas equipment and services, has secured a contract worth RM13.4 million to build a pre-fabrication tank for a combined cycle power generating facility of up to 1,200MW at Pulau Indah, Selangor. In a bourse filing, KNM said the contract was awarded by PEC Powercon Sdn Bhd […]
ABB joins call to accelerate shipping decarbonisation
ABB has joined more than 155 companies urging governments to help shipping decarbonise by 2050. The Call to Action for Shipping Decarbonisation has been signed by more than 150 industry stakeholders and seeks significantly faster reduction in greenhouse gas (GHG) emissions than the International Maritime Organization’s (IMO) current ambition, which aims for a 50% reduction […]
The impact of the international safety guide for oil tankers and terminals (isgott)
bp and NYK Line have signed a memorandum of understanding to collaborate on future fuels and transportation solutions to help industrial sectors, including shipping, decarbonise.
INEOS to invest £1 billion to reach net zero by 2045
INEOS Grangemouth has announced planned further investment of over £1 billion towards reducing greenhouse gas emissions at its site to net zero by 2045.
Exolum, Naturgy and Enagás form green hydrogen alliance
Spanish-based storage company Exolum, Spanish electricity company Naturgy and Spanish gas company Enagás have formed a green hydrogen alliance to study hydrogen mobility and transport schemes in Spain.
Oiltanking announces sale of four European terminals to Evos
Oiltanking has entered into an agreement to sell its 55 percent stake in four European liquid storage terminals to Evos through its entity Evos Finance BV. Evos will also acquire the 45 percent stake in the terminals held by co-shareholder 3i Infrastructure plc.
Meet Olivia, Marketing Intern
Meet Olivia Bennett, the new intern for StocExpo. Find out about her hobbies and what she is looking forward to learning in her year placement.
Better inspection data means better tank management
One of the Forty Under 40, Stuart Kenny from Eddyfi, explains to Tank Storage Magazine the benefits of magnetic flux leakage systems for tank floor inspections Aboveground storage tanks are subject to obligatory and periodic inspection routines. Due to the harsh operating environments and the catastrophic impact of failure, storage facilities are governed by regulatory […]
Finding her passion
In Tank Storage Magazine’s coverage of the ‘Women in Tanks’ series, Wiko’s Whitney Helbers talks us through her journey from a little girl transfixed by Rotterdam’s industrial lights to selling industrial services to tank companies WHITNEY HELBERS is the first to admit that her interests as a child were not necessarily what might be expected. […]
Kinder Morgan and Neste join for US renewable logistics
US energy infrastructure company Kinder Morgan and Finnish sustainable fuel and feedstock firm Neste are to develop a renewable raw materials supply hub at Kinder Morgan’s facility in Harvey, Louisiana, US. Kinder Morgan plans to modify 30 existing tanks, and pipelines, to create segregated storage for raw material for Neste. This will include installing a […]
Fujairah Oil Terminal first major expansion since 2015
Fujairah Oil Terminal, the largest independent storage terminal at the Port of Fujairah by throughput, has begun a $45 million project to connect its crude oil tanks to the port’s VLCC loading facility via the Matrix Manifold 2 and to Abu Dhabi National Oil Co’s ADCOP pipeline, in a bet on a surge in oil […]
bp and NYK to work together on green marine fuels
bp and NYK Line have signed a memorandum of understanding to collaborate on future fuels and transportation solutions to help industrial sectors, including shipping, decarbonise.
Adler and Allan bolsters sustainability offering
Environmental risk reduction specialist, Adler and Allan has launched several new services and strategies to reflect its mission to help clients reduce environmental risk and impact.
Odfjell wins two sustainable business awards
Norwegian terminal and shipping company Odfjell has been award the EcoVadis gold sustainability rating and has been ranked as number one among its industry peers by Sustainalytics, EcoVadis rates global supply chains on sustainability in more than 75,000 companies across more than 200 industries in more than 160 countries, monitoring how a company performs on […]
Stolthaven terminals and revivegen announce plans to build new terminal in Taiwan
Stolthaven Terminals and Revivegen Environmental Technology Co Ltd have signed a letter of intent to jointly develop a new greenfield terminal in Kaohsiung Port, Taiwan. Following Revivegen’s successful award of a land lease at the port, the two companies are currently working on a comprehensive feasibility study. Stolthaven Terminal’s interest in the new joint venture […]
‘Still a lot’ to be done on diversity in the North Sea, says BP boss
A senior oil and gas figure says more companies need to take diversity and inclusion “seriously” in order to drive real change in the sector. Emeka Emembolu, BP’s North Sea boss, says there are “a lot more people of colour” in the industry than there were when he started at the supermajor over 20 years […]
TWTG will provide its NEON Vibration Sensors at Shell’s Pernis Refinery
TWTG will provide its NEON Vibration Sensors at Shell’s Pernis Refinery in the Netherlands. Rotterdam, 31st August 2021. TWTG is excited to announce that they have won a tender by Shell Nederland. The I-IoT hardware company based in Rotterdam has now delivered the first 100 NEON Vibration Sensors to Shell’s Pernis Refinery. TWTG, a Dutch […]
Achieving Multi-terminal Data Unification with Dearman Systems
Many bulk liquid storage companies struggle to unify data from multiple terminals in their portfolio. While terminal automation systems can aggregate data at the terminal level, operations leaders have not had a quality product to effectively unify their data across terminal facilities. This creates a few problems for operators: Delayed or inaccurate reporting to corporate […]
Brazil signs four liquid terminal contracts
The Federal Government of Brazil has signed lease contracts for four liquid port terminals in the Port of Itaqui in Maranhão in northeast Brazil. The government says that the new leases guarantee private sector investment of BRL 611.9 million (€98.6 million). The leases for the four terminal sites, IQI03, IQI11, IQI12 and IQI13, were auctioned […]
Future North Sea oil investment risked by SNP-Green deal, warn industry figures
A power-sharing deal between the SNP and the Scottish Greens could thwart further investment in North Sea oil and gas, industry figures have warned. They said the arrangement in Holyrood would bring “unwelcome uncertainty” to the sector, which has already shed thousands of jobs in recent times. A deal between the two parties, falling short […]
Merkel: Europe Will No Longer Need Russian Gas In 25 Years
Europe will no longer need Russian gas in twenty-five years, German Chancellor Angela Merkel said at a meeting with Ukraine’s president, Vladimir Zelenski. “Europe will need to achieve climatic neutrality step by step by 2050,” Merkel said, as quoted by TASS. “It means that in 25 year[s] no gas, or very small volumes of gas, […]
China’s oil imports plummeted by 20% for second straight month in July
CHINA’S OIL IMPORTS PLUMMETED BY 20% FOR SECOND STRAIGHT MONTH IN JULY China’s oil imports are plunging as Beijing cuts supplies to dirty local oil refineries. Oil shipments to the world’s largest crude importer fell 20 percent in both June and July, year-on year, mainly because the government is reducing import quotas for independent refineries […]
Renewable fuel companies edge out some refiners on feedstock
NEW YORK, Aug 17 (Reuters) – Both renewable fuel processors and oil refiners are trying to profit off the growing market for sustainable aviation fuel and renewable diesel, but high prices for feedstocks like soybean oil has been more of a hazard for refiners, as their most recent earnings showed. These renewable fuel products are […]
Oil Prices Plunge As China Grapples With New COVID-19 Outbreak
Oil prices crashed by 4% early on Monday to the lowest level since May, after the world’s top crude importer, China, imposed more travel restrictions to fight what it sees as the worst outbreak since the original viral outbreak in Wuhan. Concerns about oil demand in China and the wider Asia region continued to weigh […]
Alkion refinances debt to invest in its terminals
European bulk liquid storage company Alkion has completed a sustainability-linked refinancing of its debt, raising a €100 million capex and acquisition fund to invest in its terminals. The term loans and ancillary facilities total €370 million, and this refinances the previous financing package of €255 million from 2019. The improved pricing is linked to three […]
SLNG and Keppel to collaborate on NGL extraction project
Singapore LNG Corp Pte Ltd (SLNG) is collaborating with Keppel Infrastructure through its wholly-owned subsidiary Keppel Energy Pte Ltd and another industry partner on the front end engineering design (FEED) for a natural gas liquids (NGL) extraction facility at the SLNG Terminal on Jurong Island. The project will unlock multiple benefits across the LNG and […]
Exolum to supply SAF to Heathrow
Spanish-based storage company Exolum is to pipe sustainable aviation fuel to London Heathrow Airport in the UK. Exolum has existing long-term agreements with Jet A1 fuel marketers to supply jet fuel to Heathrow, and Ignacio Casajús López, North West Europe lead for the group, says that the SAF supply developments are part of this. Using […]