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 […]
JAL and Shell Aviation sign agreement for SAF
Japan Airlines (JAL) has signed an agreement with Shell Aviation for its aircraft to be refuelled in Los Angeles, USA with sustainable aviation fuel (SAF) from 2025. This agreement supports JAL’s ESG target of replacing 1% of its whole jet fuel amount with SAF in fiscal year 2025. Under the agreement, Shell will supply JAL […]
Woodside approves investment in Trion development
Australian petroleum exploration and production company, Woodside Energy has made a final investment decision to develop the large, high-quality Trion resource in Mexico, with the first oil targeted for 2028. The resource will be developed through a floating production unit (FPU) with an oil production capacity of 100,000 barrels per day. The FPU will be […]
Meet Josh, Sales Manager
What does sustainability mean to you and how important is it? Sustainability means a great deal to me, it means making sure that the future generations to come have as cleaner a living environment as possible. I think changes all start in our homes, making sure we are doing what we can to make an […]
Navigator Terminals and Alfanar sign MoU
UK leading independent bulk liquid storage provider, Navigator Terminals has announced the signing of an infrastructure partnership with global renewables project developer, engineering and construction company Alfanar. Under the terms of the agreement Navigator will develop the North Tees rail terminal for the receipt, storage and handling of up to one million tonnes of non-recyclable […]
Vitol’s VTX to add to southern Delaware Basin
Vitol’s US upstream company, VTX Energy Partners has agreed to acquire 12,000 net leasehold acres contiguous with the Delaware Basin Resources position, acquired in March, bringing its total southern Delaware Basin position to 47,000 net acres. It is VTX’s second acquisition since the partnership was established by Vitol and VTX last year. The assets include […]
Tank Insulation: A shortcut to increased efficiency & reduced emissions
Storage tanks are used to hold a variety of organic liquids or gases including raw materials, intermediates, final products and usable byproducts. Although mainly used in the oil and gas industry, other industries often rely on upright storage tanks to temporarily store liquids (eg food and fertilizer industry). Tanks can vary in design and the […]
Advario secures SAF storage for Neste
Advario Singapore has announced that the company has entered a long-term partnership with climate change solutions company, Neste. Under the agreement Advario will provide integrated storage and logistics services for Neste’s sustainable aviation fuel (SAF). The agreement between Advario and Neste will enable the storage of SAF and Jet A-1 (jet fuel), as well as […]
ILTA announces Safety Awards
Tank Storage Magazine has been reporting live from Houston USA as the ILTA conference and trade show gets underway for 2023. After a keynote luncheon by Dr David Mussington, CISA, the ILTA team announced the winners of this year’s Safety Excellence Awards. PLATINUM SAFETY: SMALLER COMPANY CATEGORY The Colonial Pipeline Company Zach Hauser, Senior Manager […]
Northern Lights signs agreement with Ørsted
Transport, storage and infrastructure company, Northern Lights has entered into cross-border transport and storage agreement with offshore wind company, Ørsted. Northern Lights JV and Ørsted announce the signing of a CO2 transport and services agreement (TSA) to store 430,000 tonnes biogenic CO2 emissions per year from two power plants in Denmark, Europe. This agreement represents […]
Montenegro plans LNG terminal in the Port of Bar
Montenegro’s Prime Minister Dritan Abazović has signed a memorandum of understanding between the government of Montenegro, Enerflex Energy Systems, and Wethington Energy Innovation, at Vila Gorica, with regard to providing support towards the enhancement of energy infrastructure in Montenegro. Read more here. Source: www.tankstoragemag.com Share this article Register to attend. Register Now Get social. #stocexpo #futuredelivered Twitter Facebook-f […]
Wärtsilä to provide reliquefaction to LNG retrofit
Technology group Wärtsilä, a market leader with innovative systems and lifecycle solutions for the gas value chain, will supply the reliquefaction for a retrofit project on an LNG carrier vessel converted to operate as a floating storage unit (FSU). The vessel, the Energos Grand, is owned by USA-based operator Energos Infrastructure, and is being chartered […]
100% FAME biodiesel pilot success
Dutch maritime logistics company, VT Group (Verenigde Tankrederij BV), has joined forces with FinCo Group, independent supplier of sustainable energy solutions, to make an ambitious contribution to reducing CO2 in the inland navigation sector. Over the past nine months, a pilot with 100% FAME has been carried out on VT Group’s ship, MTS Vlissingen. FAME […]
Netherlands and Saudi Arabia sign MoU
A memorandum of understanding (MoU) on energy between the kingdom of Saudi Arabia and the kingdom of the Netherlands at the World Hydrogen Summit, 2023 in Rotterdam. The MoU was signed live at the Summit by HRH Prince Abdulaziz bin Salman Al Saud, minister of energy in Saudi Arabia and Micky Adriaansens, minister of economic […]
Port of Antwerp-Bruges launches drone network
The Port of Antwerp-Bruges has partnered with DroneMatrix, SkeyDrone and Proximus to create a network of six autonomous drones. The D-Hive drone-in-a-box network is a world-first that makes an important contribution to the overall security of the complex port environment. The drones will perform daily flights in the Antwerp port area, Belgium, covering an area […]
Matrix and Tissot join for hydrogen storage EPC
Matrix Service Company, a leading provider of engineering and construction services to the energy and industrial markets, has announced that its subsidiary, Matrix PDM Engineering, has signed an exclusive Memorandum of Understanding (MoU) with Tissot Industrie, headquartered in Podensac, France, to offer total engineering, procurement, and construction (EPC) solutions for liquid hydrogen storage across the United Kingdom, Norway, Switzerland, […]
Technip Energies and Casale join for autothermal reforming-based technology
Engineering and technology company, Technip Energies and solutions provider, Casale announce a new partnership to jointly license oxidative reforming-based technologies; autothermal reforming (ATR) and partial oxidation (POx) technologies for the blue hydrogen market. ATR is a process to produce syngas that contains hydrogen, CO and CO2. It becomes cost-effective for low-carbon hydrogen when combined with […]
Keppel and ExxonMobil to explore low-carbon ammonia
Singaporean conglomerate, Keppel Infrastructure1 and ExxonMobil Asia Pacific have announced the signing of a memorandum of understanding (MoU) to develop access to low-carbon hydrogen and ammonia for scalable commercial and industrial applications in Singapore. The MoU follows the Singapore government’s launch of its National Hydrogen Strategy in October 2022, which expects hydrogen to meet up […]
Tank Storage Industry meets in Florida
Landing in the Sunshine State of Florida, USA, Tank Storage Magazine’s Editor Anamika Talwaria was greeted with a somewhat overcast sky. But the grey cloud didn’t dampen her spirits as she was more excited for the bright ideas that would be waiting at the Gatlin Ballroom at the Rosen Shingle Creek Hotel. The 25th annual […]
Meet Ream, Marketing Manager
What does sustainability mean to you and how important is it? To me, sustainability means having the ability to meet the needs of the present without compromising the ability of future generations to meet their own needs. It is about balancing economic, social and environmental considerations in a way that promotes long term wellbeing for […]
Air Liquide announces new hydrogen cracking technology
French multinational industrial company, Air Liquide, has announced the construction of an industrial scale ammonia (NH3) cracking pilot plant in the port of Antwerp, Belgium. When transformed into ammonia, hydrogen can be easily transported over long distances. Using innovative technology, this plant will make it possible to convert, with an optimized carbon footprint, ammonia into […]
Saudi Aramco inks $12.2 billion China oil refinery
Saudi Aramco has signed an agreement with Chinese partners for an oil refinery and petrochemical project in northeast China expected to start in 2026 to meet the country’s growing demand for fuel and chemicals. Joint venture Huajin Aramco Petrochemical Company (HAPCO) will build and operate the complex which will house a 300,000 barrels per day (bpd) […]