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
BP Sells Netherlands Mobility & Convenience and BP Pulse Businesses to Catom
bp has reached an agreement to sell its mobility & convenience and bp pulse businesses in the Netherlands to Catom. The sale is part of bp’s previously announced $20 billion
GES Sells Rotterdam Terminal to Tepsa
Global Energy Storage Group (GES) has announced the completion of the sale of its terminal located in the Port of Rotterdam, Netherlands. The facility, which includes 212,000 m³ of tank
ACTAD Partners with Chem Innovation Industries
Arabian Chemical Terminals Abu Dhabi (ACTAD) has established a new partnership with Chem Innovations Industries. The company announced the move on LinkedIn, saying: ‘We are proud to announce a partnership
YAB Premier of Sarawak to Deliver Keynote Address at World Hydrogen Asia 2025
The Premier of Sarawak (Malaysia, YAB Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari bin Tun Datuk Abang Haji Openg, has been invited as a keynote speaker and panelist at the upcoming World Hydrogen Asia 2025, to be held in Tokyo, Japan from 8–10 July 2025. The Premier will headline the prestigious event, which brings together global hydrogen leaders to accelerate the transition towards a clean hydrogen economy across Asia. At the event, YAB Premier will deliver a keynote titled Sarawak’s Hydrogen Vision: Catalysing Green Growth for ASEAN and Beyond, highlighting Sarawak’s bold strides in pioneering the hydrogen […]
HysetCo Opens Hydrogen Station at Paris-Orly Airport
HysetCo is strengthening its network of hydrogen stations in the Île-de-France region, France. The company has increased the distribution capacity of its Paris-Orly airport station to 1 tonne per day.
Bp & NOC To Explore Libyan Oilfields
Bp has signed a memorandum of understanding (MoU) with Libya’s National Oil Corporation (NOC) to evaluate redevelopment opportunities in the mature giant Sarir and Messla oilfields in Libya’s Sirte basin,
National Wealth Fund Invests In Peak Cluster
The National Wealth Fund has announced a £28.6 million (€33.2 million) equity investment in the UK’s cement decarbonisation project, Peak Cluster, to support the development of a planned carbon dioxide
MET Acquires KGE
MET, has acquired 100% of KGE, a natural gas storage operator based in Gronau, North Rhine-Westphalia, Germany. With this acquisition MET is further strengthening its commitment to investing in natural
EET Hydrogen & ENKA Commence Ground Investigation Work
EET Hydrogen and ENKA İnşaat ve Sanayi A.Ş. have officially commenced ground investigation works at the Stanlow Manufacturing Complex in Ellesmere Port — the home of the UK’s first large-scale
The Port of Gothenburg Signs Agreement with Inter Terminals
The Port of Gothenburg has signed new agreements with one of its largest customers in the energy sector, Inter Terminals Sweden. The agreements benefit both parties by providing increased predictability
Marathon Petroleum Receives Port of Long Beach Green Flag Award
Marathon Petroleum has demonstrated its commitment to environmental stewardship by earning the 2024 Port of Long Beach Green Flag Award. This recognition is part of a voluntary vessel speed reduction
Coastal Bend LNG Develops LNG Export Facility
Coastal Bend LNG has initiated development of a 22.5 million tonne per annum (mtpa) natural gas liquefaction and export facility on the Texas Gulf Coast, US. Coastal Bend LNG’s planned
Hartree Completes Acquisition of ED&F Man Commodities
Hartree Partners, a global energy and commodities trading company, has closed its acquisition of ED&F Man Commodities’ four core business units: Volcafe (coffee), ED&F Man Liquid Products (molasses, animal feeds,
BWC Terminals Appoints Georganne Hodges as Board Chair
BWC Terminals‘ board has elected Georganne Hodges as its next chair, effective July 1, 2025. Hodges has served as a member of BWC Terminals’ board since 2022 and will succeed
First Cargo Leaves LNG Canada
Shell Canada Energy has announced that the first cargo of liquefied natural gas (LNG) has left the LNG Canada facility on the west coast of Canada. At 40%, Shell has
MOL Complete Acquisition of LBC
Mitsui O.S.K. Lines (MOL) has officially become the 100% shareholder of LBC Tank Terminals, following the successful completion of the acquisition on June 30, 2025. This follows the initial announcement
Prax Lindsey Oil Refinery Enters Administration
The owner of the Lindsey oil refinery at Immingham, UK, has crashed into insolvency, putting hundreds of jobs at risk. Prax Group’s parent company, Sate Oil, has called in administrators
Solvay & Enagás To Develop Hydrogen Storage Hub
Solvay and Enagás have signed an agreement to develop a hydrogen storage hub in Polanco, Cantabria, Spain. The project will leverage Solvay’s proven expertise in developing salt caverns infrastructure –
Centrica & PTT Sign Heads of Agreement For LNG Supply
Centrica and PTT have signed a heads of agreement for a long-term LNG supply deal. Under the agreement, PTT will supply LNG to Centrica for a 10-year period across a
Chemical Business Association on Government Industrial Strategy
The Chemical Business Association (CBA) has expressed deep disappointment over the exclusion of the chemical supply chain and the wider chemical sector from the Government’s newly announced Industrial Strategy, despite the essential role the sector plays in UK industry and, indeed, the wider economy. The Industrial Strategy, which is a 10-year plan aimed at driving growth in eight key sectors, called the IS-8, through measures such as trade support and reduced energy prices, does not include the chemical sector. While facets of the chemical supply chain are briefly mentioned, the CBA believes that the chemical sector as a whole should […]
ADNOC & Revterra To Trial Kinetic Battery Technology
ADNOC has signed an agreement with Revterra to trial a novel kinetic battery technology to support ADNOC’s efforts to advance climate technology solutions. The first-of-its-kind unit will be piloted at
Storengy Germany Receives EU Funding
Storengy Germany will receive EU funding of up to €4.5 million from the European Connecting Europe Facility (CEF) fund for the implementation of studies. This is intended to advance the
SNOC & Emerge Inaugurate First Utility-Scale Solar Plant
SNOC and Emerge, a joint venture between Masdar (Abu Dhabi Future Energy Company) and the EDF Middle East have inaugurated Sharjah’s first utility-scale solar photovoltaic (PV) plant, ‘Sana’. This new
Sabic to Close Olefins 6 Facility
Saudi Arabian Basic Industries Corp (SABIC) has confirmed it intends to close the Olefins 6 facility in Teeside, UK. The cracker plant has been a staple of Teeside’s chemical industry
NEW: EEMUA 249 Guidance
EEMUA has released EEMUA 249 (Edition 1) which brings together guidance for operators to consider when managing the risk posed by piping dead-legs in all types of process plants and
Greenergy Expands Supply Capability at Scotland Exolum Terminal
Greenergy, a leading UK supplier and distributor of transportation fuels, has reached an agreement to increase its capacity at the Exolum terminal in Grangemouth, Scotland. The deal will allow Greenergy
ITS Initiates FEED Study For CO2 Infrastructure
Inter Terminals Sweden (ITS), in close collaboration with Port of Södertälje, has taken a decisive step towards establishing an open and flexible infrastructure for captured CO₂ in the Mälardalen region,
Tank Storage Association Publishes Annual Review 2025
The Tank Storage Association (TSA) has published its Annual Review of the bulk storage and energy infrastructure sector. Now in its 10th edition, the publication continues to provide a broad range of statistics and valuable insights on terminals, process safety, occupational health and safety, and the industry’s contribution to the UK economy. It also highlights the changes that are currently taking place in the sector in response to longer-term shifts as a result of the energy transition, marked by increasing inventories of low emissions fuels. In partnership with Insights Global, the Annual Review has also evolved to include data on […]
UK Government Publishes Clean Energy Industries Sector Plan
Communities across Britain will benefit from good jobs and investment in the clean energy economy, as the government publishes its Clean Energy Industries Sector Plan to ‘build it in Britain’. Clean energy is the economic opportunity of the 21st century, and thanks to the government’s clean energy mission, investment is booming in the UK, with over £40 billion (€47 billion) of private investment in clean energy announced since July. This landmark plan, developed with industry, trade unions, and workers across all regions of the country, sets the UK on a path to unleash the tidal wave of jobs and investment […]
Vopak’s AVTL to Develop Ammonia Terminal
Aegis Vopak Terminals (AVTL), a strategic joint venture between Aegis Logistics Limited India and Royal Vopak is to develop an ammonia terminal in Pipavav, India. The terminal will be the
Petronas, MOL, MISC Advance Cross-Border CO2 Transportation
Mitsui O.S.K. Lines (MOL), Petronas CCS Ventures (PCCSV) and MISC have come together in a strategic joint venture, Jules Nautica. This JV will lead the development and act as the
Woodside & Petronas Sign LNG Agreement
Woodside Energy (Woodside) and Petronas have signed a non-binding heads of agreement (HOA) for the supply of 1 million tonnes per annum of LNG to Malaysia from 2028 for a
