All News – Page 18 – Tank Storage Magazine

Uniper CEO Receives UK Honour

Uniper’s CEO Michael Lewis has been awarded the CBE for services to Energy Security and Net Zero, in the New Year Honours list for 2025. The New Year’s Honours List […]

Outage at Hammerfest LNG Plant

Equinor’s Hammerfest LNG plant, in Norway, has suffered an outage due to a compressor failure, halting all output for one week. This was reported by a regulatory statement on the […]

Cheniere Achieves First LNG at Corpus Christi Project

Cheniere Energy has produced LNG for the first time from the first train (Train 1) of the company’s Corpus Christi Stage 3 Liquefaction Project (CCL Stage 3). The commissioning process […]

Protectoseal Explains: Conservation Vents For Emission Goals

Protectoseal’s Anand Palanivelu outlines how conservation vents can help storage terminals achieve net zero targets and reduce hazardous gases Storage tanks used for chemicals, petroleum products, and other volatile liquids, often experience changes in internal pressure due to temperature fluctuations, filling, and emptying cycles. As liquids expand or contract, vapour build-up can occur, creating excess pressure within the tank. If unchecked, this can lead to fugitive emissions, contributing to air pollution, ozone depletion, and climate change. Importantly, many of these emissions consist of volatile organic compounds (VOCs), which are hazardous to both the environment and human health. Regulatory agencies, such […]

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OPW: Updating Overfill Prevention Monitors

How OPW’s new technology could help terminals meet evolving requirements The requirements for overfill protection and ground verification have remained consistent over the decades, yet terminal requirements and end-user needs have evolved. Terminal automation technology has become more sophisticated, while at the same time, truck driver demographics have become more diverse over the past few years. These dynamics have converged, highlighting the need for electronic monitoring systems that are advanced enough to meet terminal automation requirements while at the same time more user-friendly and intuitive to operate. OPW’s 8800 Series family of overfill protection and ground verification monitors are designed […]

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TEC’s Evolving Bitumen Storage Solutions

Find out how to optimise bitumen storage operations with TEC’s Bitutainer Storage Facility In recent years, the bitumen market has undergone substantial logistic shifts, such as refinery closures, reduced availability of vessels, challenges in global shipping and freight routes and climate target pressures to name a few. These changes have made flexibility and adaptability of storage solutions ever more important to remain competitive. The Bitutainer Storage Facility from TEC Container Solutions is an innovative approach to meet this shift, with a focus on flexibility, scalability and cost-efficiency. Challenges With Conventional Bulk Bitumen Storage Traditional storage methods typically rely on permanent, […]

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Advario Secures €650 million Corporate Refinancing

Advario has finalised a €650 million corporate refinancing, strengthening its financial flexibility to support the company’s strategic goal of playing a leading role in the energy transition. This financing arrangement […]

LBC Raises €225m In USPP Issue

LBC has announced that it has raised €225 million through a recent US private placement (USPP) issue. Over the past decade, LBC has realised substantial growth, driven by its focus […]

Neste Introduces Co-Processed Renewable Feedstock For Chemicals Industry

Neste has introduced a co-processed renewable feedstock under its established Neste RE brand. By co processing renewable raw materials such as used cooking oil together with fossil crude oil in […]

Technip Energies & LanzaTech Awarded Funding For CO2 to Ethylene Technology

Technip Energies and LanzaTech have announced that the US Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) has committed up to $200 million (€192 million) in federal funding […]

AC Valve Alliance: Supplying The Skies

The experts at AC Valve Alliance explain the challenges of jet fuel storage and maintenance Not many people know that civil airports in the UK hold very little jet fuel storage capacity. The fuel is stored off site in strategic locations around the UK. There is a connecting pipeline grid that feeds the airports 24 hours a day in order to keep the capacity of fuel needed. This strategically designed grid was installed many decades ago and went through a complete upgrade starting in 2019 of all the equipment and controls. For safety reasons, storage of the bulk of fuel […]

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Removing VOC From API1650 Storage Tanks

Ensure compliance with environmental guidelines for hydrocarbon tanks using NAT Oil & Energy’s VOC abatement systems Reducing emissions such as harmful volatile organic compounds (VOCs) is a key consideration as storage terminals look to clean up their sites, especially as environmental regulations get stricter. NAT Oil & Energy (Denmark) provides a full range of tank fittings and tank vents with odour filters, VOC abatement systems (odour removal) and accessories for storage tanks, that meet EU directives, local legislation and customer-specific requirements. The company has also recently applied for its VOC filter to be approved for use in Singapore and Gibraltar. […]

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Exolum Announces First Sustainable Financing of £500 million

Exolum strengthens its commitment to decarbonisation by integrating this goal into its financing strategy through the signing of its first sustainable loan for a total amount of £500 million (€602 […]

Oiltanking to Sell 37% MOGS Stake to Aquarius Energy

Aquarius Energy has announced its intention to acquire Oiltanking’s 37% stake in Oiltanking MOGS Saldanha (OTMS) from Oiltanking. OTMS is a state of the art 10 million barrel storage and […]

Power2X Selects Honeywell for Rotterdam eFuels Project

Power2X has announced a strategic collaboration with Honeywell to implement Honeywell UOP’s eFiningTM methanol-to-jet processing technology in Power2X’s eFuels Rotterdam project – a large-scale production and storage hub for sustainable […]

Intero – The Sniffers Merges with TP Europe

Intero – The Sniffers, the reference in emission management and pipeline integrity services, has merged with TP Europe. TP Europe is a dedicated service provider delivering similar comprehensive emission monitoring […]

Neste to Supply Air New Zealand SAF

Neste and Air New Zealand have signed an agreement for the supply of 23,000 tonnes (30 million litres) of unblended Neste MY Sustainable Aviation Fuel. It is the airline’s largest […]

Square Robot Closes Series B Funding

Square Robot, Inc., a global leader in robotic tank inspections and Global Tank Storage Award winner 2024, successfully closed its Series B funding round in November 2024. The funding will […]

INEOS Energy To Acquire Oil & Gas Assets in Gulf of Mexico

INEOS Energy has announced the acquisition of the Gulf of Mexico business held by CNOOC Energy US, a subsidiary of CNOOC International. These assets in the Gulf of Mexico are […]

WorldEmp: Energising The Future Of Tank Terminals

WorldEmp’s business partner Peter van Wessel explains how the company is delivering high-quality talent to tank terminal companies as they address their staffing challenges Companies in the tank storage and infrastructure sector face significant challenges, such as increasingly stringent safety standards and the pressure of the energy transition. They must comply with stricter regulations, invest in technological innovations, and compete fiercely in a global market. Additionally, operational flexibility and logistical complexity require constant adjustments. These factors compel companies to continuously innovate and operate efficiently to remain competitive, despite a growing shortage of qualified personnel. ‘WorldEmp can assist with this,’ according […]

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