BP Resets Fossil Fuel Strategy

BP tanker truck refilling

BP has fundamentally reset its strategy, with significant capital reallocation, and plans to drive improved performance, aimed at growing free cash flow, returns and long-term shareholder value. This strategy will […]

Rio Tinto Tests Neste MY Renewable Diesel

Map with pins it in

Neste MY Renewable Diesel has helped fuel Rio Tinto’s Pilbara iron ore operations for the first time, with the completion of a successful trial of biofuel across its network of […]

VTTI & Pyrum To Develop Thermolysis Plant

seven construction workers standing on white field

VTTI has entered into an agreement with Pyrum Innovations AG to develop a state-of-the-art waste tyres recycling thermolysis plant at VTTI’s Antwerp terminal (ATPC) in Belgium. This agreement marks a […]

FETSA Criticises European Commission’s Clean Industrial Deal & Affordable Energy Packages

A blue flag with stars

The Federation of European Tank Storage Associations (FETSA) is disappointed by the European Commission’s Clean Industrial Deal and Affordable Energy Packages, urging a more comprehensive and strategic approach to Europe’s industrial challenges. While the Commission’s proposals reflect a worthy commitment to sustainability, they fail to adequately address the critical issues that are eroding Europe’s industrial base and competitiveness. ‘The European Commission’s approach to the Clean Industrial Deal and Affordable Energy Packages risks being more of a symbolic gesture than a solution to Europe’s industrial crisis,’ says Ravi Bhatiani, FETSA Executive Director. ‘The Commission should be focusing on addressing the underlying […]

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Aramco Acquires 25% of Unioil Petroleum Philippines

Global energy and chemicals company Aramco has signed definitive agreements to acquire a 25% equity stake in Unioil Petroleum Philippines, one of the country’s largest oil companies. The acquisition of […]

Enagás Terminals To Supply BioLNG in Spain

Outline of workers on a site

Enagás will launch a BioLNG supply service at the company’s regasification terminals in Barcelona and Huelva, Spain, which will allow this decarbonised fuel to be loaded onto tankers and ships, […]

Wood Secures Engineering Contract with Shell UK

A person writing on a piece of paper

Wood has been awarded a $120 million (€115 million) contract extension by Shell UK to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the UK. […]

LBC Vlissingen Launches Open Season For Ammonia Storage

seven construction workers standing on white field

LBC Vlissingen has launched the open season for ammonia storage and ammonia cracking capacity at its state-of-the-art terminal, currently under development at the North Sea Port, Vlissingen, the Netherlands. Once […]

Wood To Deliver FEED For European Hydrogen Facility

A woman fills in a form on paper with a black pen.

Wood has been awarded the front-end engineering design (FEED) scope for the Zeevonk hydrogen facility, in Rotterdam, Netherlands. The hydrogen plant will be powered by offshore wind and floating offshore […]

Petrobras FPSO Begins Oil Production

Large LNG carrier on the ocean

Petrobras PBR has started oil production from its deepwater project offshore southeast Brazil with its largest floating production, storage, and offloading (FPSO) unit, Almirante Tamandaré. This unit marks the inaugural […]

Preem & Imubit Partner To Lower Emissions Through AI

a digital brain

Imubit has entered into a partnership aimed at accelerating Preem’s sustainability journey through Imubit’s Closed Loop AIO technology. Preem has set ambitious goals for emissions reduction, including meeting net zero […]

Confidence in Net-Zero Goals Plummets as Industry Faces Policy, Investment Hurdles: EIC Report

Energy industry confidence in reaching global net-zero targets is fading as policy instability, financial uncertainty and slow project approvals continue to hinder progress, according to Net Zero Jeopardy Report II by the Energy Industries Council’s (EIC), the world-leading trade association for the energy supply chain industry. Only 16% of senior energy executives interviewed now believe the world can achieve net zero by 2050, down from 45% last year. The report, based on interviews with EIC member companies mostly based in the UK, points to growing concerns over the lack of clear regulatory frameworks, underinvestment in clean technologies and delays in […]

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ADNOC Join Coalition for LNG Emission Abatement

ADNOC has joined the Coalition for LNG Emission Abatement toward Net Zero (CLEAN Initiative), the company announced on LinkedIn. This collaborative effort is led by the Japan Oil, Gas and […]

Johnson Controls Chosen for BP Hydrogen Plant

Johnson Controls Industrial Heating and Cooling Solutions Benelux has been awarded by Worley for the realisation of the central chiller plant for BP’s green hydrogen plant. Johnson Controls will design […]

Air Liquide Announces Electrolyser Projects

Two hands shaking

Air Liquide has announced two large-scale electrolyser projects to produce renewable and low-carbon hydrogen in Europe. The first project, ELYgator, an Air Liquide 200MW electrolyser, will supply both TotalEnergies’ industrial […]

TSA Launches Campaign for Career & Apprenticeship Opportunities

The Tank Storage Association has launched a ‘Careers Week’ campaign aimed at showcasing the vast career and apprenticeship opportunities available in the bulk storage and energy infrastructure sector. The bulk storage and energy infrastructure industry offers a wide range of career paths across various fields, including business, operations, engineering, safety, marketing, IT, supply and trading, and more. The campaign will run from 17 to 21 February 2025 and will seek to inspire everyone to explore, discover, and get excited about a career in the bulk storage and energy infrastructure sector. Peter Davidson, CEO of the Tank Storage Association, says: ‘The […]

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Mol Group Tests Production Of HVO & SAF

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MOL Group has produced a diesel fuel containing hydrotreated vegetable oil (HVO), and sustainable aviation fuel (SAF) at the refinery of Slovnaft in Bratislava, Slovakia. The quality of the products […]

P2X Solutions Oy Starts Green Hydrogen Production

P2X Solutions Oy has started commercial operations of green hydrogen production at the Harjavalta facility in Finland. The company said on LinkedIn: ‘But this is where the exciting part begins! […]

AquaChemie Opens Manufacturing Facility

AquaChemie Global Chemicals has officially opened its state-of-the-art chemical manufacturing facility in KEZAD (Khalifa Economic Zones Abu Dhabi), reinforcing the UAE’s drive for industrial excellence. ADNOC said on LinkedIn: ‘At […]

Advario Oman on Green List

Advario Oman has been officially recognised by the Environment Authority of Oman and included in the Green List, the company announced on LinkedIn. Oman’s Green List is a recognition for […]

ADNOC & Indian Oil Sign LNG Supply Agreement

A woman fills in a form on paper with a black pen.

ADNOC Gas has announced a 14-year sales and purchase agreement (SPA) with Indian Oil Corporation for the export of up to 1.2 million tonnes per annum (mtpa) of liquefied natural […]

VTTI Awarded Funding For Project Amplifhy

Stacks of coins.

VTTI has been awarded €8 million in co-funding from the European Union’s connecting europe facility (CEF) programme for Project Amplifhy at its Antwerp terminal, located in the Port of Antwerp, […]

Tepsa Netherlands to Complete Expansion

Tepsa Netherlands is set to complete its latest terminal expansion, adding nine new storage tanks and increasing its capacity by 28,000 m3. The new tanks are designed to handle a […]

AltaGas & Keyera Partner For Canadian Energy Security

Two people leaning on desk signing papers

AltaGas and Keyera have announced long-term commercial agreements that leverage each company’s infrastructure to provide value-added services to customers and strengthen each company’s long-term growth outlook. These agreements include Keyera […]

Vopak & TPL take on South Africa LNG Terminal

Storage tanks with the Vopak logo on a blue sky

Zululand Energy Terminal, a joint venture between Vopak Terminal Durban and Transnet Pipelines (TPL), has officially signed the Terminal Operator Agreement (TOA) with Transnet National Ports Authority (TNPA) to design, […]