Producer of phenol and acetone, INEOS Phenol has announced the acquisition of the Japanese chemicals manufacturer, Mitsui Phenols Singapore from Mitsui Chemicals is complete. The cost of the acquisition was

Japan’s Inpex Corp has submitted a revised development plan to the Indonesian government authorities for the Abadi liquefied natural gas (LNG) project, now incorporating a carbon capture and storage (CCS)

A memorandum of understanding (MoU) has been signed between HPCL Mumbai Refinery and BPCL Mumbai Refinery for the purchase and sale of hydrogen.  The MoU is a one-of-a-kind strategic partnership

Energy and commodities company, Vitol has announced the delivery of the first LNG cargo into Finland’s new Inkoo terminal. The cargo was ordered by Elenger, the largest privately owned energy

ACTAD has announced the opening of its new greenfield liquid bulk terminal in Khalifa Port, Abu Dhabi, UAE, and will commence operations on July 1, 2023.   The state-of-the-art terminal

Buckeye Partners has announced that it is launching BAES Infrastructure, a diversified energy company that will focus on the development, construction, and operation of energy transition projects. BAES Infrastructure will

Midstream energy company, Energy Transfer LP and independent energy company, Lotus Midstream have announced that they have entered into an agreement in which Energy Transfer will acquire Lotus Midstream Operations, LLC. This acquisition

Norway’s Yara, the world’s largest ammonia distributor, and Canadian energy infrastructure company, Enbridge, plan to invest up to $2.9 billion (€2.6 billion) to build a low-carbon blue ammonia production plant in Texas,

Bulk liquid storage and logistics company, IMTT has announced plans to consolidate its existing bulk liquid storage operations in Bayonne, New Jersey, US. This will free up approximately 130 waterfront

His Royal Highness Crown Prince Frederik of Denmark officially initiated a world first with the safe injection of carbon dioxide from Belgium into a depleted oil field in the Danish

The head of Ukraine’s state-owned oil and gas company Naftogaz Group, Oleksiy Chernyshov is promoting Ukraine’s competitive underground gas storage (UGS) facilities and production cooperation opportunities for Europe, during a two-day

The Tank Storage Association has appointed Wilma Kelly, HSE director at Certas Energy, as its new president, following a vote at the TSA’s annual general meeting. The trade association represents

Exolum is taking another step forward in its decarbonisation and diversification strategy by becoming a shareholder of H2Vector – a technology start-up, based in Asturias, Spain. H2Vector aims to provide

ExxonMobil has announced the successful startup of its Beaumont refinery, US,  expansion project, which adds 250,000 barrels per day of capacity to one of the largest refining and petrochemical complexes

Enfinium, one of the UK’s largest energy from waste operators, and Navigator Terminals, leading bulk liquid storage provider, have announced they have signed a memorandum of understanding  (MoU) to collaborate

Hot off the press after an incredibly successful StocExpo, the Tank Storage Magazine team has delivered another exciting edition, packed with exclusive interviews, insights and updates. In the April/May issue, readers can

Earlier this month, an impressive 3,796 storage terminal professionals gathered in Rotterdam for this year’s hugely successful StocExpo. With two conference streams, a terminal tour, a new innovation & sustainability

Emission-free, ammonia power solutions company, Amogy has announced a $139 million (€128 million) series B-1 fundraising. The round was led by intermediate holding company of SK Group, SK Innovation, joined by

BP and Abu Dhabi’s state oil giant have made an offer to acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2 billion (€1.8 billion).  The offer involves acquiring