LATEST NEWS
Liquin ensures long-term strategy with refinancing of debt facilities
Bulk liquid handling and storage company Liquin has successfully refinanced its existing debt facilities through a combination of US Private Placement notes and bank financing. This move establishes a more diversified financing structure with an extended maturity profile for Liquin, strengthening its long-term foundation through…
StocExpo 2026 global tank storage awards: gold winners – Aquarius Energy
Peter Savage, HSEC manager at Aquarius Energy, won gold in the ‘Outstanding Achievement Award’ category, recognised as someone who has ‘gone above and beyond to ensure the success of a company and the industry as a whole’. He speaks to Tank Storage Magazine about his…
CPC aims for RFP and construction of 29 oil tanks in two years
The Ceylon Petroleum Corporation (CPC) is on track to complete the next phase of the Trincomalee Oil Tank Farm rebuild in the next two years. The project includes the refurbishment of 29 oil tanks and the construction of an oil pipeline. In 2022, CPC took…
ONGC keeps half of new oil storage for strategic reserves
India’s Oil and Natural Gas Corporation (ONGC) will reserve half of its planned oil storage facility to meet the country’s strategic oil reserve needs. ONGC announced in July 2026 that it would build a strategic petroleum reserve (SPR) with a capacity of 1.75 million tonnes…
Taifa Gas nears completion on LPG storage terminal
Taifa Gas has entered the final stage of construction on its LPG import terminal at the Dongo Kundu Special Economic Zone, Mombasa, Kenya. Hydrostatic testing is being carried out before the facility moves to the commissioning stage in the coming months. Once completed, the KSh16…
Glencore enters agreement with HES International for Wilhelmshaven oil refinery
Glencore has taken over the processing contract for Wilhelmshaven oil refinery from Hartree as it enters into an agreement with the refinery’s owner, HES International. According to Reuters’ report, Glencore will supply feedstocks to the refinery, as well as sell its refined fuels. The Wilhelmshaven…
Exolum acquires minority stake in SeaSeaS Amsterdam CO2 project
Exolum has finished the purchase of a minority stake in SeaSeaS Amsterdam, a multimodal CO2 export terminal that will be situated at the Port of Amsterdam, the Netherlands and operational from 2030. SeaSeaS Amsterdam will be able to handle up to 3.5 million tonnes of…
OTTCO invites EPC contractors to pre-qualification for storage tanks project
The Oman Tank Terminal Company (OTTCO) has invited engineering, procurement and construction (EPC) contractors to apply for pre-qualification for its new tank storage project. Plans include the construction of eight crude oil storage tanks at the Raz Markaz Oil Storage Terminal, Duqm, Oman. Each tank…
Vopak celebrates strong first half of 2026
Vopak has reported a revenue of €677 million for the first half of 2026, stating in its press release that this was ‘supported by healthy demand for storage infrastructure services across geographies and markets, underpinned by a continued strong occupancy rate of 91%.’ The company…
Cobra IS selects MT Group for LNG terminal infrastructure project
MT Group has been awarded a major construction contract by Cobra IS/Sener consortium, focusing on implementing Balance of Plant infrastructure at German LNG Terminal. The aim of the project is to enable the reliable import of LNG to Germany and surrounding European markets, with a…
GTT receives ethane storage tank order
GTT’s partner China Chengda Engineering has placed an order for the design of an ethane full-containment membrane tank that will be situated in Ningbo, Zhejiang Province, China. The tank will be owned by Ningbo Union King New Material, a subsidiary of Union King Holding, who…
Veri Energy receives financial backing from Scottish government for e-fuels hub
The Scottish government has pledged £755,720 (€882,012) to support phase 3 of Veri Energy’s e-fuels hub at Sullom Voe Terminal (SVT), the Shetland Islands. Establishing the site will allow the area to retain and retrain oil and gas workers, support local businesses and contribute to…
TERMINAL NEWS
Liquin ensures long-term strategy with refinancing of debt facilities
Bulk liquid handling and storage company Liquin has successfully refinanced its existing debt facilities through a combination of US Private Placement notes and bank financing. This move establishes a more diversified financing structure with an extended maturity profile for Liquin, strengthening its long-term foundation through…
ONGC keeps half of new oil storage for strategic reserves
India’s Oil and Natural Gas Corporation (ONGC) will reserve half of its planned oil storage facility to meet the country’s strategic oil reserve needs. ONGC announced in July 2026 that it would build a strategic petroleum reserve (SPR) with a capacity of 1.75 million tonnes…
Taifa Gas nears completion on LPG storage terminal
Taifa Gas has entered the final stage of construction on its LPG import terminal at the Dongo Kundu Special Economic Zone, Mombasa, Kenya. Hydrostatic testing is being carried out before the facility moves to the commissioning stage in the coming months. Once completed, the KSh16…
Glencore enters agreement with HES International for Wilhelmshaven oil refinery
Glencore has taken over the processing contract for Wilhelmshaven oil refinery from Hartree as it enters into an agreement with the refinery’s owner, HES International. According to Reuters’ report, Glencore will supply feedstocks to the refinery, as well as sell its refined fuels. The Wilhelmshaven…
Exolum acquires minority stake in SeaSeaS Amsterdam CO2 project
Exolum has finished the purchase of a minority stake in SeaSeaS Amsterdam, a multimodal CO2 export terminal that will be situated at the Port of Amsterdam, the Netherlands and operational from 2030. SeaSeaS Amsterdam will be able to handle up to 3.5 million tonnes of…
OTTCO invites EPC contractors to pre-qualification for storage tanks project
The Oman Tank Terminal Company (OTTCO) has invited engineering, procurement and construction (EPC) contractors to apply for pre-qualification for its new tank storage project. Plans include the construction of eight crude oil storage tanks at the Raz Markaz Oil Storage Terminal, Duqm, Oman. Each tank…
Vopak celebrates strong first half of 2026
Vopak has reported a revenue of €677 million for the first half of 2026, stating in its press release that this was ‘supported by healthy demand for storage infrastructure services across geographies and markets, underpinned by a continued strong occupancy rate of 91%.’ The company…
Cobra IS selects MT Group for LNG terminal infrastructure project
MT Group has been awarded a major construction contract by Cobra IS/Sener consortium, focusing on implementing Balance of Plant infrastructure at German LNG Terminal. The aim of the project is to enable the reliable import of LNG to Germany and surrounding European markets, with a…
Veri Energy receives financial backing from Scottish government for e-fuels hub
The Scottish government has pledged £755,720 (€882,012) to support phase 3 of Veri Energy’s e-fuels hub at Sullom Voe Terminal (SVT), the Shetland Islands. Establishing the site will allow the area to retain and retrain oil and gas workers, support local businesses and contribute to…
Syrian Petroleum Company welcomes fuel shipments to Baniyas terminal
Baniyas maritime terminal, situated on the west coast of Syria, has announced the arrival of two fuel shipments in an effort to maintain petroleum product supplies in the domestic market. The Syrian Petroleum Company connected the two vessels – one carrying 64,324 tonnes and the…
Iran accelerates Kharg Island oil terminal projects
Abbas Assadrouz, head of the Iranian Oil Terminals Co, has confirmed that Iran is accelerating the completion of important safety upgrade projects at its Kharg Island oil terminal in direct response to the US’ attacks on the facilities. Notably, one project is a fire detection…
Western Australia plans first oil refinery in 60 years to combat fuel insecurity
Australian government officials have confirmed plans to fund a AU$4 million (€2.5 million) early-stage feasibility study into the construction of the country’s first oil refinery in 60 years. Past refinery closures mean that around 90% of Australia’s liquid fuels are imported, with the recent international…
TECHNICAL NEWS
CPC aims for RFP and construction of 29 oil tanks in two years
The Ceylon Petroleum Corporation (CPC) is on track to complete the next phase of the Trincomalee Oil Tank…
4 Aug '26
GTT receives ethane storage tank order
GTT’s partner China Chengda Engineering has placed an order for the design of an ethane full-containment membrane tank…
29 Jul '26
Aurex completes South African oil storage tank replacement project
Aurex Constructors have successfully completed the demolition and replacement of two carbon steel storage tanks at an oil…
27 Jul '26
HOSE-PULL’s rolling device revolutionises hose movement
French company HOSE-PULL have developed an all-terrain, omni-directional rolling device that allows hoses freedom of movement, reducing friction…
24 Jul '26
US National Grid invests $10.4m in Haverhill LNG site
The US National Grid is investing $10.4 million (€9.1 million) in its LNG tank storage site in Haverhill…
22 Jul '26
Kent awarded detailed engineering services by OXEA Corporation
Kent continues to support the OXEA Corporation through a long-term engineering services agreement for OXEA’s major specialty chemicals…
21 Jul '26
Svanehoj acquires tank-gauging company Henri Systems Holland
From 1 July 2026, Svanehoj has acquired Henri Systems Holland, a designer and manufacturer of measurement and safety…
13 Jul '26
Emerson releases ultrasonic flow meters for non-intrusive monitoring
Emerson has announced its new Flexim FLUXUS 631 series of portable, non-intrusive, clamp-on, ultrasonic flow meters for the…
9 Jul '26
Nikkiso Clean Energy launches next-gen submerged pump
Nikkiso Clean Energy & Industrial Gases (CE&IG) Group has released the next generation of its SMP 34, a…
6 Jul '26
Mercuria and Eni collaborate on joint energy venture
Mercuria and Eni have signed an agreement to establish a jointly owned global energy venture, looking to optimise…
6 Jul '26
ABB wins order for Ethernet-APL-enabled flowmeters
ABB will deliver its ProcessMaster FEP600 electromagnetic flowmeters with Ethernet-Advanced Physical Layer (APL) connectivity to Zhejiang Petroleum &…
3 Jul '26
Nord Gas Solutions and Exmar collaborate on FSRU conversion
Nord Gas Solutions will supply a liquified natural gas (LNG) regasification system module for Exmar’s floating storage regasification…
1 Jul '26
PARTNER NEWS
Hiap Seng Engineering Limited FZC begins construction on Mount Row Terminal Expansion Project
Hiap Seng Engineering Limited FZC has begun works on the Mount Row Terminal Expansion Project after securing the $192 million (€168.6 million) engineering, procurement, construction and commissioning (EPCC) contract from Mount Row Terminals FZE in March 2026. The Mount Row Terminal Expansion Project, located in…
Chane appoints Karen de Lathouder as COO
From 1 August 2026, Karen de Lathouder will become chief operating officer for Chane and lead the company’s operations across the European network, driving improvement and collaboration across Chane’s terminals and offices. De Lathouder bring experience from the energy, infrastructure and mobility sectors, having most…
Tepsa France appoints Mathieu Bleusez as general manager
Tepsa France has appointed Mathieu Bleusez as general manager, who takes over the role from Didier Clot. Bleusez is a chemical engineer specialising in quality, health, safety and environment and has held several terminal manager positions within Tepsa, demonstrating extensive experience in liquid product storage…
Gerotto Robotics and GRP partner for underground tank cleaning project
GRP Plasticorr has chosen Gerotto Robotics’ technology Lombrico FTC for an underground tank cleaning project in Hungary. Lombrico FTC – a tank-based ATEX zone 0 robot weighing less than 130kg – is engineered to enter up to 400mm manhole and designed to perform tank cleaning…
Shell reports rise in LNG demand by 2050
Shell’s LNG Outlook 2026 claims global demand for liquified natural gas (LNG) will increase to nearly 700 million tonnes a year by 2050 – around 65% from 2025 levels – as countries prioritise flexible and reliable energy security. While LNG trading was expected to increase…
Platinum Control hires Will Nelle as CTO
Vapour recovery unit (VRU) company Platinum Control hires Will Nelle as chief technology officer to lead VRU engineering, product strategy and Platinum’s telemetry platform PULSE. Nelle brings more than 20 years of oil and gas experience to the role, focusing on the design, application and…
EIS acquires ARM Environmental Services
Environmental Infrastructure Solutions (EIS) buys underground and aboveground storage tank (UST and AST) system company ARM Environmental Services, expanding EIS’ footprint across North and South Carolina, US, and strengthening its specialised line services. ARM, based in Colombia, South Carolina, oversees UST and AST projects from…
Tank Storage Association publishes annual review
The Tank Storage Association (TSA) publishes the latest edition of its Annual Review, focusing on the bulk storage and energy infrastructure sector, in partnership with Insights Global. Looking at 2025, the publication provides an overview of sector activity, with detailed insights on the industry’s contribution…
Vopak nominates Helle Kristoffersen and Roeland Baan as members of the supervisory board
Vopak gives notice of an Extraordinary General Meeting that will take place on 29 July 2026, where it will be proposed that Helle Kristofferson and Roeland Baan be appointed as members of the supervisory board. More details to follow then…
bp refocuses organisation and appoints new leaders
bp is streamlining its organisational structure to focus on Upstream and Downstream verticals – rather than the current three-segment structure. The move aims to improve performance while growing value for shareholders. Gordon Birrell will be executive vice president of Upstream, with Richard Harding as interim…
Walter Moone appointed new FETSA president
The Federation of European Tank Storage Associations (FETSA) has announced its new president, as Bruno Hayem, CEO of Tepsa, concludes his tenure. He will be succeeded by Walter Moone, president business unit Netherlands for Royal Vopak. The announcement was made during FETSA’s Annual General Meeting…
Heirs Energies named best oil & gas deal of the year
African integrated energy company Heirs Energies has been awarded the Best Oil & Gas Deal of the Year at the EMEA Finance Project Finance Awards 2026. The win is based on Heirs Energies’ $750 million (€651 million) dual-tranche Senior Secured Reserved Based Lending facility. The financing…
FEATURES
StocExpo 2026 global tank storage awards: gold winners – Aquarius Energy
Peter Savage, HSEC manager at Aquarius Energy, won gold in the ‘Outstanding Achievement Award’ category, recognised as someone…
4 Aug '26
Scaling sustainability
Rene Buwalda, CEO at Perpetual Next, looks at the company’s recent biomethanol developments in the USA Perpetual Next…
28 Jul '26
StocExpo 2026 global tank storage awards: gold winners – Aquacycl
Off the back of Aquacycl’s gold prize win in the ‘Environmental Performance’ category, Orianna Bretschger, CEO and founder…
14 Jul '26
Sharing knowledge, achieving goals
Tank Storage Magazine reports back from Houston, Texas Landing in Houston, Texas, US, in June 2026, the buzz…
1 Jul '26
Toll processing as a resilience strategy in uncertain times
Ongoing geopolitical instability, trade complexity and logistics disruption continue to place strain on the global liquid bulk sector…
10 Jun '26
FETSA View: A new era of global collaboration
Transatlantic cooperation and energy flows remain critical – but risk mitigation is needed, says Ravi Bhatiani, executive director at…
9 Jun '26
Women in Tanks: Julie Helms
CEO Julie Helms on growth, leadership, and the tank storage sector ‘I have always been driven by a…
5 Jun '26
HMT LLC: Keeping pace with change
HMT’s director, strategic growth & sustainability, Allie Alderson explores the next wave of aboveground storage tank regulations The…
1 Jun '26
In Conversation With: Gary Reddecliffe
Woodfield Systems’ technical director shares the low-down on how the business creates bespoke loading arm solutions Tell us…
29 May '26
Hoyer Group: Transporting Chemicals
The experts at HOYER Group explain how the company makes global chemical logistics more resilient In the world…
27 May '26
VEGA: Improving safety, reliability & visibility
The experts at VEGA explain how their measurement products increase operational efficiency across fixed and mobile tank storage…
22 May '26
Chemical Supply Chain: A system under strain
Tim Doggett, CEO of the Chemical Business Association examines the reality facing the chemical supply chain The global…
19 May '26
Tank Talk
MORE NEWS
Liquin ensures long-term strategy with refinancing of debt facilities
Bulk liquid handling and storage company Liquin has successfully refinanced its existing debt facilities through a combination of US Private Placement notes and bank financing. This move establishes a more diversified financing structure with an…
StocExpo 2026 global tank storage awards: gold winners – Aquarius Energy
Peter Savage, HSEC manager at Aquarius Energy, won gold in the ‘Outstanding Achievement Award’ category, recognised as someone who has ‘gone above and beyond to ensure the success of a company and the industry as…
