Samsung C&T to build world’s largest liquid hydrogen tank
Samsung C&T Corporation, headquartered in South Korea, has received certification from Det Norske Veritas (DNV) for its design of the world’s largest liquid hydrogen storage tank. The tank, with a […]
TÜV Rheinland expands Italy service portfolio
TÜV Rheinland has acquired HON Consulting Srl, a company specialised in functional safety and cybersecurity services for machinery and plants based in Prato, Italy, in a strategic move to strengthen […]
TotalEnergies acquires 1.5 GW flexible power generation capacity in Texas
TotalEnergies has signed an agreement with TexGen, a US based company to acquire for $635 million three gas-fired power plants with a total capacity of 1.5 GW in Texas. The […]
Implico and FETSA announce partnership
Implico has announced a supplier partnership with the leading representative of Europe’s bulk liquid storage sector, FETSA. FETSA represents over 140 companies across Europe and is the authoritative voice for the bulk liquid storage sector in Brussels. Their mission emphasises member interests including: Lobbying European institutions Highlighting the sector’s sustainable development Energy transition Early warnings on EU policies, Ensures members are informed and prepared Rolf Adam, CEO of the Implico Group says: ‘Joining hands with FETSA allows us to bring our technological expertise to the forefront of Europe’s bulk liquid storage landscape. Together, we aim to address the pressing challenges […]
50 Years of Excellence: PALA Group
Celebrating 50 years of excellence, the experts at PALA Group share the secrets to a successful partnership and aboveground storage tank builds In 1973, PALA Group embarked on a journey that would redefine industrial construction solutions. Today, PALA proudly celebrates 50 years of unwavering commitment to quality, safety, and innovation. From PALA’s roots in the Gulf Coast to serving clients nationwide, PALA Group has been a steadfast partner to terminal operators, delivering top-tier aboveground storage tanks (ASTs) with precision and expertise. STEP BY STEP: CRAFTING YOUR PERFECT AST Terminal operators and owners will be well-acquainted with aboveground storage […]
Gasunie to finance energy transition projects in a green way
Gasunie has successfully issued its first green bond, a loan of €300 million with a maturity of 9.5 years. There was a great deal of interest from the market; enrollment […]
LCM Environmental completes third acquisition this year
Fuel and tank storage risk-mitigation specialist LCM Environmental Services has completed its third acquisition of the year. The company has acquired North Yorkshire-based businesses Repair Protection & Maintenance Ltd and […]
Indian Oil to expand its LNG terminal at Kamarajar Port
Indian Oil Corporation has announced its plans to expand the capacity of its liquefied natural gas (LNG) terminal located inside the Kamarajar Port, in Ennore, Chennai, India. The company aims […]
Emerson announces Coriolis mass flow meters
Emerson has announced the introduction of the Micro Motion G-Series line of Coriolis mass flow and density meters. The Micro Motion G-Series Coriolis flow and density meter offers the same […]
Global Tank Storage Award Winner 2023: iSensPro for Emerging Technology
Cyann Fielding speaks to iSensPro about its gold win for Emerging Technology at the Global Tank Storage Awards 2023 Sensor Technology plays a crucial role in the bulk liquid industry by providing accurate and real-time data about various parameters related to the storage, transportation, and handling of liquids in large quantities. These sensors monitor and control important factors such as level, temperature, pressure, flow rate, and quality of liquids. No two sensors are alike. The bulk liquid sector is experiencing emerging technology at an exponential rate. One company has recently made a significant impact with its ground-breaking sensor technology. […]
Chemical supply chain expecting continued disruption
The Chemical Business Association (CBA), the voice of the UK chemical supply chain, has released results from the latest quarterly supply chain survey, with industry-wide respondents* reporting a decline in order books, sales and margins from the previous three months. Published for over 20 years, the survey has become a barometer for the sector, covering sales, order books and employment, as well as the current impact of supply chain challenges. It is distributed to the Association’s membership, which covers distributors, manufacturers, traders, warehouse operators, logistics and transport companies amongst other sectors and it aims to provide a snapshot of short-term […]
Occidental and BlackRock form joint venture to develop the world’s largest direct air capture plant
International energy company, Occidental has announced that finance company, BlackRock will invest $550 million (€515 million) on behalf of clients in the development of STRATOS, the world’s largest direct air […]
StocExpo Returns in 2024: Register Now
The most important event for the global tank storage industry will return to the Rotterdam Ahoy, 12 – 13 March 2024. Registration is now open for StocExpo 2024, the internationally recognised meeting-place for 3,700+ tank storage and energy infrastructure professionals. In partnership with the Federation of European Tank Storage Associations (FETSA), the conference and exhibition will feature two conference theatres, a terminal tour, the Global Tank Storage Awards ceremony and a packed exhibition floor full of the latest storage innovations. Once a year the industry comes together in Rotterdam to learn new approaches to improve operations, discover innovative solutions to […]
Kinder Morgan to purchase NextEra Energy Partner’s STX Midstream
Kinder Morgan has announced that it has agreed to acquire NextEra Energy Partner’s South Texas assets, STX Midstream, US for $1.815 billion (€1.7 billion). The STX Midstream pipeline system includes […]
Wärtsilä opens biogas liquefaction plant in Denmark
Wärtsilä has engineered, delivered, and installed the biogas upgrading solution to a new biogas 17 tpd liquefaction plant in Hjørring, Denmark. The contract was awarded to Wärtsilä in 2022, and […]
Production begins at BP-operated Seagull field in North Sea
BP has successfully started production from the Seagull oil and gas field in the UK North Sea, boosting energy supplies, supporting the supply chain and jobs, and underpinning continued production […]
QatarEnergy LNG delivers the 1,000th LNG shipment
QatarEnergy LNG has delivered the 1,000th LNG shipment to the South Hook LNG Terminal at Milford Haven in the United Kingdom. The landmark delivery was made by the Q-Max LNG […]
TerraVest aquires Highland Tank
TerraVest has announced that it has entered into an agreement to acquire all the assets of the subsidiaries of Highland Tank. Based in Stoystown, Pennsylvania, Highland Tank is a leading […]
ExxonMobil completes acquisition of Denbury
Exxon Mobil has announced it has closed its acquisition of Denbury in an all-stock transaction valued at $4.9 billion (€4.6 billion), or $89.45 (€84.11) per share, based on ExxonMobil’s closing […]
Chesapeake Energy signs long-term LNG agreement with Vitol
Chesapeake Energy Corporation and Vitol have entered into a Heads of Agreement with Chesapeake Energy Marketing, a subsidiary of Chesapeake Energy Corporation. Under the HOA, Chesapeake will supply up to […]
Mark McAllister confirmed as new Ofgem Chair
Mark McAllister has been announced as the next chair of Ofgem – strengthening the government’s work to build a more secure and affordable energy system. He will take up the […]
IMTT sells five terminals to JET Infrastructure
IMTT has announced that it has sold the company’s bulk liquids storage terminals located in Alamogordo, NM; Bremen, GA; Macon, GA; Montgomery, AL; and Moundville, AL to JET Infrastructure. These […]
Emerson Introduces Valve Trim Technology for Improved Noise Reduction and Flow Efficiency
Emerson has announced its innovative new Fisher Whisper Trim Technology for use in both rotary and globe valves, providing an extension to Emerson’s current portfolio of Whisper noise solutions. This […]
Aker Carbon Capture awarded study by TES in Germany
Aker Carbon Capture has been awarded a feasibility study by TES, to explore the implementation of a carbon capture plant at a waste-to-energy facility in Germany. The planned capture capacity […]
Gasunie’s national hydrogen network starts construction
On Friday 27 October, His Majesty the King Willem-Alexander of the Netherlands performed the official ceremony to start work on the construction of a national hydrogen network in the Netherlands. […]
Sherwin-Williams launches new insulative coating
The new Heat-Flex 7000 thermal insulative coating system from Sherwin-Williams Protective & Marine offers personnel protection, insulating capabilities and solar heat reflectivity for an array of industrial applications. The single-component, […]
API signs new agreement with Ukraine to aid energy independence efforts
The American Petroleum Institute (API) and Ukraine’s national oil company, Ukrnafta have signed a memorandum of understanding (MoU) to promote the adoption of API natural gas and oil standards in […]
EXCLUSIVE INTERVIEW: TIW Steel Platework
TIW Steel Platework’s general manager, Daniel Wigmore, speaks to Tank Storage Magazine about the company’s long industry experience and projects. TIW Steel Platework was founded in 1907 under the name Toronto Iron Works. Its history is tied with the pioneering of Canada’s petroleum industry. The company was originally founded along Toronto’s waterfront by Albert Leroy Ellsworth, who also owned British American Oil Company at the time. Originally, its sole purposes was to supply British American with oil tanks and other process equipment for its refineries. ‘This changed in 1983 when TIW was purchased by Canadian Erectors who took the company from […]
Exclusivity agreement reached on South Australian LNG terminal
South Australian energy infrastructure developer, Venice Energy and one of Australia’s leading energy providers, Origin Energy (Origin), have agreed on a structural framework that will underwrite the commercial viability of […]
€500 million set for hydrogen storage facility
Centrica’s Irish subsidiary Bord Gáis Energy has joined ESB and dCarbonX’s subsurface green hydrogen storage project off the coast of Ireland. The Kestrel project, which is focused on the redevelopment […]
Israel awards gas exploration licenses
Israel’s Energy Ministry has announced that it has awarded 12 licences to six companies to explore natural gas off the country’s Mediterranean coast, aiming to create more competition and diversify […]
Cespa Química’s sustainable product solutions
Cepsa Química discusses its journey towards sustainable product solutions and the new reality in the chemicals market. LAB is an organic compound primarily used as an intermediate to produce LAS and LABSA, categorised as surfactants. LAS is the most consumed surfactant, supported by its strong technical performance, mainly used for home care applications. LABSA is also used in light-duty liquids (LDL), heavy-duty liquids (HDL), and unit dose applications (tablets and capsules) in laundry care and dishwashing and surface care products. Cepsa Química has redirected conventional LAB manufacturing by moving away from traditional fossil- based materials and reducing GHG emissions during […]
