ALL NEWS
Updated daily, the Tank Storage team brings you the latest in storage terminal and technical news, as well as digitalisation strategies, news about the energy transition and incidents around the world
L&T Wins Order for Hydrocarbon Onshore Business
L&T’s Hydrocarbon Onshore business vertical (L&T Onshore) has won a large order from Petronet LNG, a joint venture promoted by four leading PSUs, viz., Oil & Natural Gas Corporation (ONGC),
Inter Terminals Sweden Invest In Truck Loading Capacity
Inter Terminals Sweden (ITS) will invest in increased truck loading capacity for one of our most long-standing customers in Gothenburg, Shell. The equipment is being developed to enable truck loading
EemsGas Awarded €30 Million Subsidy for Green Gas Production
EemsGas, one of the largest green gas production facilities in the Netherlands, has received €30 million in DEI+ investment subsidies from the Dutch government. The subsidy will be used for
VARO Energy Completes Acquisition of Preem
Following regulatory approvals, the new combined entity of VAROPreem will become a new leading force in energy built on scale, capability and track record. VAROPreem brings a significant integrated energy
CB&I Awarded EPC Contract for Two LPG Storage Spheres
Horton CBI, a wholly-owned subsidiary of CB&I, has been awarded a sizable contract for the engineering, procurement, fabrication, and construction (EPFC) of two liquefied petroleum gas (LPG) Hortonspheres by a
SensoTech Partners with TGI Tank Gauging Italia
SensoTech has partnered with TGI Tank Gauging Italia to deliver incoming goods inspection to the Italian market. With more than 30 years of experience, TGI Tank Gauging Italia specialises in
TotalEnergies & Bapco Energies Launch BxT Trading
TotalEnergies and Bapco Energies are launching BxT Trading, an equally owned trading joint venture backed by flows from Bapco Energies’ Refinery. The signing ceremony was witnessed yesterday by Shaikh Nasser
StocExpo 2026: Fuelling Global Collaboration
Discover how StocExpo 2026 is defining the next era of tank storage The global energy system is changing faster than at any point in recent decades, and Europe’s tank storage sector is feeling that pressure firsthand. Traditional fossil fuel logistics are being reshaped by demand for cleaner molecules, a growing mix of alternative fuels, tightening environmental rules and increasing scrutiny from policymakers and investors. At the same time, geopolitical tensions and shifting supply routes are forcing operators to rethink how they store products, plan investments and work with partners across the chain. What has become clear is that no terminal, […]
Uniper and AM Green Group Sign for Renewable Ammonia
Uniper and AM Green Group have signed a landmark agreement for up to 500,000 tons of renewable ammonia per year from India, witnessed by German Chancellor Friedrich Merz and Indian
Proton Ventures Partners With Barents Blue for Clean Ammonia
Proton Ventures has joined the Barents Clean Ammonia Project, helping to deliver Europe’s largest clean ammonia production plant, located in Finnmark, Norway. A new project development company, Barents Clean Ammonia
AUMA Presents New TIGRON SIL Actuators
AUMA is proud to present the SIL version of TIGRON, the new high-performance, explosion-proof electric actuator series for the highest safety requirements. TIGRON SIL actuators combine maximum safety for safety-related
Eni Spins Off Refineries & Depots
Eni has announced that the business branch of its Refining Evolution and Transformation unit has been transferred to the new company Eni Industrial Evolution S.p.A., which will aim to ensure
Scully Signal Upgrades Mobile Truck Tester for Hazardous Area Compliance
Scully Signal Company has obtained approval for the Mobile Truck Tester (MTT) to be used in Hazardous Environments—a feature required when used in loading lanes of petroleum terminals, and in
BWC Terminals Updates Harvey Terminal
BWC Terminals has upgraded the truck rack cover at its Harvey facility in Louisiana, USA. The new structure is a more efficient hurricane-rated building, spanning the full length of the
Ivens Awarded Evos Malta Project
Ivens has been selected to deliver Evos Malta’s latest project. The Mediterranean terminal has a total capacity of 568,000 m3 and has been in operation since 1992. According to Ivens,
Moeve & Galp Negotiating to Combine Downstream Activities
Moeve and Galp have reached a non-binding agreement to advance detailed discussions on the potential combination of their downstream portfolios with the aim of creating two leading energy companies in
Corteva & Bp Launch Biofuel Feedstock Joint Venture
Corteva and bp has announced the launch of Etlas, their new 50:50 joint venture that will produce oil from crops – including canola, mustard and sunflower – for use in
Technip Energies Awarded 2 India Contracts
Technip Energies has been awarded two large contracts by Bharat Petroleum Corporation Limited (BPCL) for key projects at its Bina refinery in Madhya Pradesh and Mumbai refinery in Maharashtra, India.
Continental Resources Signs Sale & Purchase Agreement With Pan American Energy
Continental Resources has signed an Assets Sale and Purchase Agreement with Pan American Energy (PAE) to acquire certain non-operating interests in four blocks located within the Vaca Muerta shale play
CB&I Announces Acquisition of Petrofac’s Asset Solutions Business
CB&I has entered into a sale agreement to acquire Petrofac’s Asset Solutions business, a leading provider of operations, maintenance and decommissioning services for onshore and offshore energy assets. The acquisition
HES Wilhelmshaven To Connect To Hydrogen Network
Gas network operator Open Grid Europe GmbH (OGE) and HES Wilhelmshaven Tank Terminal GmbH have signed an agreement for an option to connect to the hydrogen network of the Wilhelmshaven
Phillips 66 Acquires Lindsey Oil Refinery Assets & Associated Infrastructure
Phillips 66 Limited has agreed to acquire Lindsey Oil Refinery assets and associated infrastructure pending completion subject to satisfaction of closing conditions, including customary regulatory clearances. In a post on
Baker Hughes to Supply Liquefaction Equipment for Commonwealth LNG Export Project
Baker Hughes has received a full notice to proceed from Technip Energies on behalf of Commonwealth LNG to supply primary liquefaction equipment for Commonwealth LNG’s 9.5 million tonnes per annum
ADNOC Secures Financing For Hail & Ghasha Gas Development
Abu Dhabi National Oil Company (ADNOC) in partnership with Eni S.p.A. (Eni) and PTT Exploration and Production Public Company Limited (“PTTEP”), today announced the successful signing of a landmark structured
BP Announces Meg O’Neill As New CEO
The Bp Board has appointed Meg O’Neill as bp’s next chief executive officer (CEO), effective 1 April 2026. Murray Auchincloss has decided to step down from his position as CEO
MISTRAS Awarded NDT Services Contract by Bechtel
MISTRAS has announced that Bechtel has selected the company to deliver non-destructive testing (NDT) services for the Woodside Louisiana LNG terminal, a multibillion-dollar LNG production and export facility under construction
INEOS Announces Investment At Grangemouth Site
INEOS has announced a major £150 million (€170 million) investment to underpin the long-term future of its Grangemouth site in Scotland, one of the UK’s most important industrial assets and
EU Strengthens CBAM Rules
On 17 December 2025, the European Commission presented measures to strengthen the Carbon Border Adjustment Mechanism (CBAM) to prevent circumvention, ahead of its full entry into operation in 2026. The
LNS Research Names Seeq Front Runner in Industrial AI
Seeq, a global leader in industrial analytics, AI, and enterprise monitoring for industrial companies, has been named a Front Runner within the inaugural Industrial AI: Advanced Analytics Solution Selection Matrix
Siemens Unveils Production Optimisation Solution for US
With the US industrial sector projected to face 1.9 million unfilled jobs by 2032, according to Deloitte, and equipment failures causing up to 20% production losses, SMBs are under pressure
Technip Energies Awarded Contract for Thailand CCS Project
Technip Energies has been awarded a detailed engineering contract for PTTEP’s Arthit Carbon Capture and Storage (CCS) facilities project in the Gulf of Thailand by Thoresen Jutal Offshore Engineering Heavy
Sherwin-Williams Wins Two Energy Industry Awards
Building on the success of its award-winning Heat-Flex CUI-mitigation coatings, Sherwin-Williams Protective & Marine has earned two notable energy industry awards for its innovative, next-generation industrial thermal insulative system Heat-Flex
