StocExpo FETSA Conference: Revisions to PGS-12 and what they mean for Ammonia Storage
Ammonia as a carrier of hydrogen will play a critical role in transitioning to net zero carbon emissions. But its storage comes with risks. At StocExpo’s FETSA conference, Martin Reuvers, Senior Engineer at Vopak, will talk us through the revisions to PGS-12, the Dutch standard for ammonia storage, and the reasons for the changes. Here’s […]
StocExpo FETSA Conference: Energy Transition at the Port of Hamburg
How is the world approaching the energy transition? That’s one of many questions that will be explored at StocExpo’s FETSA conference. Panellist, Jannes Elgen, Head of Port Energy Solutions at the Hamburg Port Authority, will explain how the Port of Hamburg is transitioning from fuel oil products to the fuels of the future. Here’s a […]
StocExpo FETSA Conference: What logistics infrastructure do we need to take Captured Carbon to Storage?
It’s one thing to capture carbon dioxide at a plant in inland Europe, but then there’s the small matter of its permanent sequestration in the North Sea, and the journey in between. Tamme Mekkes, Business Development Director at Koole Terminals, will be at StocExpo’s FETSA conference explaining Koole Terminals’ approach to CCS logistics infrastructure. Here’s […]
Advario and Fluxys Partner for Antwerp-Bruges Ammonia Terminal
Fluxys has teamed up with Advario Stolthaven Antwerp and Advario Gas Terminal to study the feasibility of building an open-access green ammonia import terminal at Belgium’s Port of Antwerp-Bruges. Located at a future green energy gateway, the future terminal is expected to be operational in 2027. It will deliver storage and multimodal logistics solutions for […]
Essar Oil UK has become EET Fuels
Essar Oil UK has become EET Fuels as it delivers on its plan to become the UK’s first low carbon refinery, setting the global benchmark for lower emitting refineries and industrial decarbonisation. For a century, the refinery based at Stanlow, on the River Mersey, has provided the fuel and chemical building blocks that people rely […]
LNG tanker crash in Mongolia
Three firefighters died when a truck transporting 54.5 tonnes of liquefied natural gas (LNG) crashed and exploded in Ulaanbaatar, Mongolia’s capital. The incident occurred early on January 24 after the vehicle collided with a car. Emergency responders, numbering in the hundreds, fought the resulting blaze which spread to nearby structures, injuring at least 11 individuals. […]
Sunoco to Acquire NuStar Energy
In a transaction valued at $7.3 billion (€6.7 billion), Sunoco will acquire NuStar Energy in an all-equity transaction, including all assumed debt. Under the terms of the agreement, NuStar common unitholders will receive 0.400 Sunoco common units for each NuStar common unit, implying a 24% premium based on the 30-day VWAP’s of both NuStar and […]
Exclusive Interview: Euro Tank Terminal at StocExpo
Euro Tank Terminal Rotterdam, also known as ETT, was founded in 2006 and started with one tank pit for fuel oil storage. Now, 18 years later, ETT is a complete, multi-customer terminal, capable of handling the largest seagoing vessels as well as smaller coasters, barges, trains, trucks and pipeline connectivity. ‘A key advantage of the […]
Greenergy expands biodiesel manufacturing plants
Greenergy announces the successful commissioning of expansion works at two of their biodiesel plants in the UK and in Amsterdam. The works included upgrading the pre-treatment process capability, allowing for a wider range of waste oils as feedstocks to be processed into lower carbon biodiesel that will be used in transport fuels to reduce emissions. […]
Shell Awards FPU Contract to Seatrium
Shell Offshore Inc has awarded Singapore shipyard group Seatrium a contract to construct and integrate the hull, topsides and living quarters of the Sparta semi-submersible Floating Production Unit (FPU) in the Gulf of Mexico (USA). The Sparta FPU will be deployed at a depth of 1,400 m and is designed to produce 90,000 barrels of […]
North Sea Port becomes second Pipelink shareholder for international pipeline projects
North Sea Port has become a minority shareholder in Pipelink, currently a wholly owned subsidiary of Port of Antwerp-Bruges. Pipelink owns and manages an asset base of 750 kilometres of pipelines in Belgium. This new partnership will develop and build local, national and international pipeline projects – essential steps forward in the modal shift and […]
Exolum to acquire 50% of Moda Midstream Houston
Exolum has announced an agreement to acquire 50% of a leading ammonia and NGL storage terminal in Houston, Texas, USA, from Moda Midstream. The terminal, Vopak Moda Houston, is currently jointly owned by Royal Vopak and Moda Midstream. Royal Vopak remains as 50% shareholder in the new joint venture. The acquisition will enable Exolum to […]
EACOP announces delivery of first 100 km pipe in Tanzania
The East African Crude Oil Pipeline (EACOP) has announced the arrival at the port of Dar es Salaam of the first shipment of 100 km of line pipe, signalling the initiation of the main construction phase for this cross-border pipeline project. An event to mark the occasion was held today between EACOP’s Shareholders, at the […]
Cepsa and C2X set up joint project for green methanol plant
Cepsa, which is owned by Mubadala and Carlyle, and C2X, an independent company majority owned by A.P. Moller Holding with A.P. Moller – Maersk as minority owner, has announced a joint ambition to develop a green methanol plant in the port of Huelva, southern Spain. The project’s aim is to reach an estimated annual production […]
QatarEnergy LNG delivers the 1,000th LNG shipment
QatarEnergy LNG has delivered the 1,000th LNG shipment to the South Hook LNG Terminal at Milford Haven in the United Kingdom. The landmark delivery was made by the Q-Max LNG carrier Mozah, which already has another landmark achievement to its name: the 10,000th LNG cargo from Ras Laffan Port in 2006. Read more here. Source: […]
IMTT sells five terminals to JET Infrastructure
IMTT has announced that it has sold the company’s bulk liquids storage terminals located in Alamogordo, NM; Bremen, GA; Macon, GA; Montgomery, AL; and Moundville, AL to JET Infrastructure. These terminals collectively represent approximately one million barrels of storage capacity, leaving IMTT with 41 million barrels of storage capacity at its terminals on the East, […]
Sherwin-Williams launches new insulative coating
The new Heat-Flex 7000 thermal insulative coating system from Sherwin-Williams Protective & Marine offers personnel protection, insulating capabilities and solar heat reflectivity for an array of industrial applications. The single-component, spray-applied coating system meets Occupational Safety and Health Administration standards for protecting personnel from skin-contact burns on assets operating at temperatures up to 350°F (177°C) […]
Exclusivity agreement reached on South Australian LNG terminal
South Australian energy infrastructure developer, Venice Energy and one of Australia’s leading energy providers, Origin Energy (Origin), have agreed on a structural framework that will underwrite the commercial viability of the Outer Harbor LNG import terminal to be built at Port Adelaide, Australia. The agreement comes 18-months after the project was approved by the South […]
TotalEnergies acquires renewable energy aggregator Quadra energy
TotalEnergies has signed agreements with the Aloys Wobben Foundation (AWS) to acquire the entire share capital of aggregator of renewable electricity production in Germany, Quadra Energy. Specialising in the aggregation of renewable electricity, Quadra Energy purchased production from around 5,000 wind and solar power plants in 2022, and then resold 14 TWh on wholesale markets […]
ExxonMobil to acquire Pioneer Natural Resources
In its biggest deal in a decade, ExxonMobil is set to purchase Pioneer Natural Resources for $60 billion (€56.7 billion). Exxon will acquire more than 850,000 acres in the Permian Basin in West Texas, USA, more than doubling the company’s output in a region that accounted for 18% of all US natural gas production in […]
TES announces new capacity booking round at Wilhelmshaven Green Energy Hub
Developer of energy supply and import hubs, Tree Energy Solutions (TES) – on behalf of Deutsche Grüngas und Energieversorgung GmbH (DGGEV) – has announced it is inviting market participants to submit non-binding expressions of interest for additional long-term terminal capacities from 16 October 2023. This follows a successful open season and positive market reactions. The […]
BP Ships First LNG Cargo From Tangguh
BP has announced that the first cargo of liquefied natural gas (LNG) produced by the new third liquefaction train at the Tangguh LNG facility, in Papua Barat, Indonesia, has safely been loaded and sailed, to be delivered to Indonesia’s state-owned power generator PT PLN (Persero). This marks the start of full commercial operation of the expanded […]
Balticconnector natural gas pipeline shutdown and inspection to begin
Gasgrid Finland and the Estonian gas transmission system operator Elering AS has announced an inspection into the Balticconectors operation has begun. This is due to an unusual drop in pressure in the Balticconnector offshore gas pipeline that runs between the countries on the small hours of October 8, 2023. Read more here. Source: www.tankstoragemag.com Share […]
Kent awarded PMC contract by RAKGAS for new gas pipeline
RAKGAS appoints Kent as the Project Management Consultant (PMC) for a new pipeline in the Northern Emirates. The pipeline will stretch from Taweelah Fujairah Pipeline to Ras Al Khaimah (RAK), with a connection to the Sajaa gas storage in Sharjah. Read more here. Source: www.tankstoragemag.com Share this article Register to attend. Register Now Get social. […]
Uganda’s Tilenga, Kingfisher oil projects and pipeline on track for 2025
Uganda’s Tilenga and Kingfisher petroleum projects, as well as a pipeline to carry their oil to Tanzania for export, are on track for first production by 2025. The 1,445 km (898 mile) East African Crude Oil Pipeline (EACOP) that will transport crude from Tilenga and Kingfisher is also set to come online in 2025. Read […]
Cepsa begins distributing biofuels at the Port of Barcelona
Supplier of energy for maritime transport in Spain, Cespa, has undertaken the largest supply of second-generation biofuels to date at the Port of Barcelona, Spain. This operation, conducted on a 350-meter-long container vessel operated by Hapag-Lloyd in the Mediterranean, marks the energy company’s inaugural venture in Barcelona and positions the Port of Barcelona as a […]
Prostar Capital sells bulk liquid storage terminal to Mercantile & Maritime
Prostar Capital has announced the successful sale of its bulk liquid storage terminal facility, GTI Fujairah (GTIF), to Mercantile & Maritime Group (M&M). GTIF is located in the Port of Fujairah, UAE, a major strategic energy trading port and one of the largest bunkering hubs in the world. Read more here. Source: www.tankstoragemag.com Share this […]
UK & Germany Partner to become Hydrogen Leaders
The UK and Germany have signed an agreement to help accelerate the development of an international hydrogen industry. Signed today at the UK Embassy in Berlin by Minister for Energy Efficiency and Green Finance Lord Callanan, and Germany’s State Secretary for Energy Philip Nimmermann, the joint declaration of intent will see the UK and Germany […]
Vopak reaches agreement with Infracapital on sale of Rotterdam chemical terminals
Vopak has announced that it has reached an agreement with Infracapital on the sale of its three chemical terminals in Rotterdam (Botlek, TTR and Chemiehaven) for a total purchase price of €407 million including a conditional deferred payment of €19.5 million. Total expected cash receipt net of transaction costs and net debt items at closing […]
OCI Global announces agreement with New Fortress Energy for green ammonia
Producer of ammonia and methanol, OCI Global has announced an agreement to offtake green hydrogen from New Fortress Energy ZeroParks beginning in 2025. The agreement will allow OCI Global to significantly scale up green ammonia production capacity to approximately 160,000 tons (145,000 tonnes) per year in Beaumont, Texas, US. Read more here. Source: www.tankstoragemag.com Share […]
Neste welcomes EU’s adoption of renewable energy and aviation targets
The European Parliament adopted the ReFuel EU Aviation Regulation. This follows the adoption of the Renewable Energy Directive (EU RED III) on September 12. Neste welcomes the enhanced ambition these two pieces of climate and energy legislation set out. Both will now enter into force in the coming weeks. The EU RED III will later […]
Svanehøj to supply pumps for the third northern lights LCO2 carrier
Supplier of CO2 pumps, Svanehøj has announced that the world’s three largest dedicated CO2 ships are now on its reference list. Northern Lights (a joint-venture of Shell, Equinor, and TotalEnergies) is increasing its CO2 shipping capacity with its third LCO2 carrier and has chosen Svanehøj to supply the cargo pump system. The three ships are […]
Asian LNG buyers face volatile market until 2026
Asian liquefied natural gas (LNG) buyers are navigating a near-term market that is so finely balanced that any supply disruptions or demand upsides could cause significant price volatility according to Mangesh Dilip Patankar, vice president, APAC Gas and LNG Consulting at Wood Mackenzie. Read more here. Source: www.tankstoragemag.com Share this article Register to attend. Register […]
JERA, ConocoPhillips and Uniper to source low-carbon hydrogen/ammonia supply
Energy companies Jera and Uniper have announced a non-binding heads of agreement together with hydrocarbon exploration and production company, ConocoPhillips, for the sale of ammonia to Uniper. The project would have an initial production capacity of 2 MTPA of low-carbon ammonia with potential for expansion in the future. The companies plan to jointly develop the […]
Essar Oil partners with Oikos Storage
Essar Oil can now transport and distribute middle distillate fuels at the Oikos Storage Canvey Island facility, in the UK, to serve the Thames and surrounding regions. This enhances Oikos’ connectivity to the United Kingdom Oil Pipeline (“UKOP”) system, strengthening both supply and resilience to the Essar terminals in Northampton and Midlands region. Read more […]
Wood Group and Harbour Energy partner for UK North Sea operations
British oilfield services firm Wood Group has announced it has signed a new master services agreement and associated contracts valued at around $330 million (€305.5 million) for UK North Sea operations with Harbour Energy. Wood will provide engineering, procurement and construction and operations and maintenance services, including digital and decarbonisation solutions, for a number of […]
Mitsui & Co acquires majority stake in Nutrinova Netherlands
Mitsui & Co has agreed with Celanese, a leading American chemical company, to acquire a 70% stake in its wholly owned subsidiary Nutrinova Netherlands. The purchase price for the shares is $472.5 million (€437.9 million). Following the acquisition, Nutrinova will become Mitsui’s equity method affiliate. The share purchase will be executed within the fiscal year […]
Banpu announces carbon sequestration agreement
International versatile energy provider, Banpu, has taken another big step forward in the carbon capture, utilisation and storage (CCUS) project in the US. This follows the initiatives of the Barnett Zero and the Cotton Cove projects. The company recently entered into a carbon sequestration agreement with the State of Louisiana, referred to as the High […]
Kinder Morgan and Howard Energy Partners announce expansions of natural gas transportation systems
Kinder Morgan Tejas Pipeline (Tejas), a subsidiary of Kinder Morgan and Howard Energy Partners (HEP), through its joint venture Dos Caminos (Dos Caminos), have announced the receipt of the necessary binding commercial agreements to expand their respective Eagle Ford natural gas transportation systems. Dos Caminos is a joint venture between HEP and an affiliate of […]
NSW Ports announces Smartflow digital solution is live
NSW Ports, Australia, has announced its selected comprehensive solutions provider, Platform8 and partners Smartflow digital solution for ship-to-shore ISGOTT processes – are now live. This solution is streamlining NSW Ports operations, boosting safety, and ensuring compliance within the maritime industry. The improved visibility and collaboration drives cost and carbon savings. Read more here. Source: www.tankstoragemag.com Share this […]
Exolum Fills 49% of Technical Positions with Women
In 2022, 49% of the open technical positions at Exolum were filled by women. Exolum is firmly committed to the establishment of measures leading to equal opportunities and the creation of quality jobs. In relation to STEAM professions, the company is part of the STEAM Alliance for female talent. Girls standing for science’, an initiative […]
Cummins and Chevron announce strategic collaboration
Cummins and Chevron USA, a subsidiary of Chevron, has announced a memorandum of understanding (MoU) to leverage complementary positioning in hydrogen, natural gas, and other lower carbon fuel value chains. The announcement expands the two companies’ previous strategic collaboration on hydrogen and renewable natural gas. Read more here. Source: www.tankstoragemag.com Share this article Register […]
Santos Bayu-Undan joint venture and Timor Gap sign MoU for CCS
Australian oil and gas exploration and production company, Santos and its Bayu-Undan joint venture partners have signed a memorandum of understanding (MOU) with national oil company, Timor Gap. This is to explore partnership opportunities for the proposed Bayu-Undan carbon capture and storage (CCS) project offshore Timor-Leste, Asia. Read more here. Source: www.tankstoragemag.com Share this article […]
INEOS and SINOPEC complete petrochemicals deal
Global chemical business, INEOS has completed the formation of a 50/50 joint venture with oil and gas business, SINOPEC for the Tianjin Nangang Ethylene Project, China announced in December 2022, which is currently under construction by SINOPEC and expected to be on-stream by April 2024. The petrochemical complex includes a 1.2 MTPA cracker, a new […]
Equinor acquires Rio Energy
Equinor has settled an agreement with Denham Capital to acquire Rio Energy, a leading onshore renewable fuels company in Brazil. The deal is in line with Equinor’s strategy to grow its onshore renewables business in select markets, through acquisition of local companies with high-quality teams and project pipelines. Following the transaction, Equinor will hold a […]
Meet Lily, Marketing Intern
What does sustainability mean to you and how important is it? In my opinion, sustainability is very crucial. In the world of resources getting scarcer, it’s important to find more ways to maintain the Earth’s ecosystem as well as stop harmful processes that may deplete natural resources for the future. What was your first week […]
Manabaft Acquires Oiltanking Terminal in Copenhagen
Mormugao Port Authority (MPA) has put two parcels of land up for auction in India, for bulk liquid cargo terminals. A total of 5,067 m2 of land is being auctioned off. Terminals can be built and operated for five years. A 1,176 m2 parcel of land near the coal dumps has been identified as a […]
Mormugao Port Authority to auction land for bulk liquid storage
Mormugao Port Authority (MPA) has put two parcels of land up for auction in India, for bulk liquid cargo terminals. A total of 5,067 m2 of land is being auctioned off. Terminals can be built and operated for five years. A 1,176 m2 parcel of land near the coal dumps has been identified as a […]
Centrica to double Rough storage capacity
Following further engineering work and investment, Centrica has announced it is increasing gas storage capacity at Rough, the UK’s largest gas storage facility. Further investment means Rough will now be able to store up to 1.5 billion m³ of gas, boosting the UK’s energy resilience for the coming winter. This increase would provide the equivalent […]
Neste, Gasgrid Finland, Helen, Vantaa Energy join for hydrogen valley
Neste, Gasgrid Finland, Helen, and Vantaa Energy have started preliminary studies on the development of an industrial hydrogen valley in the Uusimaa region, Finland. The joint effort is a step forward in driving Finland as a leading hydrogen economy in Europe. The move will create industrial investment opportunities and support Europe’s carbon neutrality goals. The […]