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The Trans Mountain pipeline expansion project has been completed in Canada and commenced commercial operations. The expansion project cost $30.9 billion (€28 billion) and involved laying 980 km of pipe alongside the existing 1,150 km route.
First commencing operations in 1953, the new expansion was completed in the third quarter of 2023, and commercial operations began in May 2024 with the first oil loaded from the Edmonton terminal, where the pipeline begins.
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Wison New Energies (WNE) and Zhoushan CIMC Changhong Shipyard Co (CIMC Changhong) signed a three-year strategic cooperation agreement in Shanghai. According to the agreement, WNE shall provide full EPCIC (Engineering,
Dover has announced that it has acquired Marshall Excelsior Company (MEC) for $395 million (€364 million) in cash. MEC will become part of the OPW Global operating unit within Dover’s
Exolum has started operating a new photovoltaic plant for self-consumption of energy at its Misterton terminal in the UK. With an installed capacity of 386 kWp through 840 solar panels,
Tankopslag Verbeke has acquired Prax terminal in Zeebrugge, Belgium, CEO Ryan Verbeke announced on LinkedIn. The terminal will operate under the new name North Sea Tank Storage BV (NSTS). Ryan
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