Press Release

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 …

Advario and Fluxys Partner for Antwerp-Bruges Ammonia Terminal Read More »

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 …

Essar Oil UK has become EET Fuels Read More »

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. …

LNG tanker crash in Mongolia Read More »

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 …

Sunoco to Acquire NuStar Energy Read More »

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 …

Exclusive Interview: Euro Tank Terminal at StocExpo Read More »

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. …

Greenergy expands biodiesel manufacturing plants Read More »

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 …

Shell Awards FPU Contract to Seatrium Read More »

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 …

North Sea Port becomes second Pipelink shareholder for international pipeline projects Read More »

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 …

Exolum to acquire 50% of Moda Midstream Houston Read More »

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 …

EACOP announces delivery of first 100 km pipe in Tanzania Read More »

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 …

Cepsa and C2X set up joint project for green methanol plant Read More »

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: …

QatarEnergy LNG delivers the 1,000th LNG shipment Read More »

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, …

IMTT sells five terminals to JET Infrastructure Read More »

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) …

Sherwin-Williams launches new insulative coating Read More »

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 …

Exclusivity agreement reached on South Australian LNG terminal Read More »

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 …

TotalEnergies acquires renewable energy aggregator Quadra energy Read More »

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 …

ExxonMobil to acquire Pioneer Natural Resources Read More »

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 …

TES announces new capacity booking round at Wilhelmshaven Green Energy Hub Read More »

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 …

BP Ships First LNG Cargo From Tangguh Read More »

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 …

Balticconnector natural gas pipeline shutdown and inspection to begin Read More »

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. …

Kent awarded PMC contract by RAKGAS for new gas pipeline Read More »

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 …

Uganda’s Tilenga, Kingfisher oil projects and pipeline on track for 2025 Read More »

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 …

Cepsa begins distributing biofuels at the Port of Barcelona Read More »

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 …

Prostar Capital sells bulk liquid storage terminal to Mercantile & Maritime Read More »

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 …

UK & Germany Partner to become Hydrogen Leaders Read More »

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 …

Vopak reaches agreement with Infracapital on sale of Rotterdam chemical terminals Read More »

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 …

OCI Global announces agreement with New Fortress Energy for green ammonia Read More »

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 …

Neste welcomes EU’s adoption of renewable energy and aviation targets Read More »

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 …

Svanehøj to supply pumps for the third northern lights LCO2 carrier Read More »

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 …

Asian LNG buyers face volatile market until 2026 Read More »

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 …

JERA, ConocoPhillips and Uniper to source low-carbon hydrogen/ammonia supply Read More »

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 …

Essar Oil partners with Oikos Storage Read More »

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 …

Wood Group and Harbour Energy partner for UK North Sea operations Read More »

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 …

Mitsui & Co acquires majority stake in Nutrinova Netherlands Read More »

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 …

Banpu announces carbon sequestration agreement Read More »

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 …

Kinder Morgan and Howard Energy Partners announce expansions of natural gas transportation systems Read More »

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 …

NSW Ports announces Smartflow digital solution is live Read More »

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 …

Exolum Fills 49% of Technical Positions with Women Read More »