Engro Vopak Terminal achieves safety milestone
Engro Vopak Terminal located in Pakistan has achieved a safety milestone of 2 years free from reportable incidents. This milestone means that no one has been seriously injured while working […]
LBC Tank Terminals secures 5-star GRESB rating
LBC Tank Terminals has achieved the 5-star rating in the 2023 GRESB benchmark, a widely respected assessment of environmental, social, and governance (ESG) performance in real estate and infrastructure assets. […]
Qlayers’ automated solutions for anti-corrosive coatings
Dutch robotic manufacturer, Qlayers has developed an innovative automated solution for applying anti-corrosive coatings on large-scale oils and gas and chemical storage tanks. Its robotic solution enables contractors to carry out tank coating projects with higher safety, efficiency, and precision. Storage tanks’ durability and total lifecycle are often influenced by the degradation caused by the corrosion. Corrosion is the leading cause of the failure of aboveground storage tanks, according to the Environmental Protection Agency (EPA). Storage tank corrosion damage Most storage tanks are made from steel, an alloy susceptible to corrosion damage. Steel tanks are prone to rusting in the […]
TotalEnergies acquires renewable energy aggregator Quadra energy
TotalEnergies has signed agreements with the Aloys Wobben Foundation (AWS) to acquire the entire share capital of aggregator of renewable electricity production in Germany, Quadra Energy. Specialising in the aggregation […]
BP selects Johnson Matthey’s technology for its low carbon hydrogen project
Sustainable technologies company, Johnson Matthey and BP have announced they have signed a licensing and engineering agreement for Johnson Matthey’s LCH technology at BP’s proposed flagship low carbon (blue) hydrogen […]
Finland LNG terminal opens winter booking slots on Friday
Finland’s Gasgrid, which operates the floating liquefied natural gas (LNG) import terminal at Inkoo, Finland, will be opening booking for its revised winter slots for three days from Friday to […]
Exolum obtains 97 points in GRESB sustainability index
Exolum has garnered the highest possible five-star rating in the 2023 GRESB sustainability index with a score of 97 points out of 100. The company also obtained a leading position […]
Emerson software optimises asset maintenance
Emerson has announced the Plantweb Insight Valve Health Application, a powerful software tool that combines Fisher control valve expertise with advanced analytic algorithms. The new app makes it possible for […]
Advario completes refurbishment of Texas City terminal
Advario has just completed the refurbishment and repurposing of a 115,000-barrel storage tank at its Texas City Terminal, US. ‘We are very pleased to have just refurbished and repurposed a […]
Aramco and ENOWA to develop e-fuel demonstration plant
Aramco, a Global integrated energy and chemicals company, Aramco and NEOM’s energy and water company, ENOWA have announced the signing of a joint development agreement to construct and establish a […]
Navigator CO2 cancels pipeline project
Sustainable carbon solutions company, Navigator CO2 has announced that the development of its pipeline project has been cancelled. This is due to the challenges and the unpredictable nature of the […]
Global Tank Storage Award Winner: Nicholas Gohl
At the 2023 Global Tank Storage Awards in Rotterdam, Netherlands, Nicholas Gohl, CFO of Aquarius Energy, was presented with gold for the Outstanding Achievement award. The judges were impressed by the way Gohl champions terminals in both developed and emerging markets, understands the broader picture, and finds concrete ways to help communities – beyond making money. ‘I felt honoured enough just to be nominated for an award, let alone win gold,’ says Gohl. ‘I’m proud to represent a company that I’ve been a part of since its inception as a standalone group. So, winning this award is the cherry on the top.’ […]
ExxonMobil to acquire Pioneer Natural Resources
In its biggest deal in a decade, ExxonMobil is set to purchase Pioneer Natural Resources for $60 billion (€56.7 billion). Exxon will acquire more than 850,000 acres in the Permian […]
Implico becomes member of Independent Tank Storage Association UTV
As of October 2023, Implico is an associate member of the Independent Tank Storage Association UTV. As advocates for digital transformation, Implico aims to illuminate innovative pathways for Germany’s tank […]
Vitol targets Asia biofuel growth with specialist bunker barges
Energy and commodities company, Vitol is strengthening its position in Asia’s expanding biofuel market, with the delivery of specialised bunker barges to Singapore in 2024. From early next year, Vitol […]
Chevron announces agreement to acquire Hess
Chevron Corporation has announced that it has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at […]
Eni signs long term LNG agreement for deliveries from North Field East expansion project in Qatar
Eni has signed a long-term contract with QatarEnergy LNG North Fielding West, the JV between Eni and QatarEnergy for the development of the North Field East (NFE) project in Qatar, […]
Alkion Introduces Bitumen to Portfolio
Alkion Terminals, part of Koole Terminals Group, is committed to growing its expertise and expanding the services they offer their customers. As part of this, Alkion Terminal Lisbon, Portugal, has […]
Unlocking Liquid Hydrogen Transportation: Highlights from the World Hydrogen Congress
On October 11, the World Hydrogen Congress hosted a fireside chat that delved into the numerous possibilities of ammonia as a key player in the energy transition. Richard Scott, ACME Group, led the discussion, joined by Jeremie Esquier from Technip Energies and Mark Tipping from Lloyd’s Register. The conversation revolved around the technical barriers, innovations in the supply chain, and the potential of green and blue ammonia in the global energy landscape. Technical barriers and ammonia transportation Ammonia has emerged as a key tool in the energy transition – and it’s not new to the industry. However, this popular bulk […]
Avaada Group sign MoU with Gopalpur Port for green ammonia
India’s prominent integrated energy platform, Avaada Group, has signed memorandum of understanding (MoU) with Gopalpur Port. This strategic alliance aims to establish a storage facility dedicated to storing green ammonia […]
Avoiding reputational damage and injuries
Aidan Doherty, managing director of Re-Gen Robotics, discusses how no-man tank cleaning can impact safety, costs and reputation. Tank cleaning plays a critical role in ensuring the efficiency and safety of oil storage facilities. Traditional practices involving a confined space entry (CSE) crew for cleaning and maintenance have proven to be hazardous, leading to avoidable fatalities, and accidents. Prioritising safe, reliable and efficient tank cleaning is vital to terminal operators. This is especially true when they consider the financial, human and reputational damage of accidents and injuries, not to mention the downtime associated with using a traditional manned crew. Thus, […]
TES announces new capacity booking round at Wilhelmshaven Green Energy Hub
Developer of energy supply and import hubs, Tree Energy Solutions (TES) – on behalf of Deutsche Grüngas und Energieversorgung GmbH (DGGEV) – has announced it is inviting market participants to […]
QatarEnergy and Shell sign 27-year LNG agreement
Affiliates of QatarEnergy and Shell have announced the signing of two long-term LNG sale and purchase agreements (SPAs) for the supply of up to 3.5 million tons per annum (MTPA) […]
BP Ships First LNG Cargo From Tangguh
BP has announced that the first cargo of liquefied natural gas (LNG) produced by the new third liquefaction train at the Tangguh LNG facility, in Papua Barat, Indonesia, has safely […]
Vopak secures ISCC certification for 29 terminals
29 terminals within the global Vopak network are now ISCC-certified to store sustainable products like sustainable aviation fuel and other biofuels and feedstocks. The ISCC-certified terminals will now be able […]
Green Biofuels seeks buyer after administration
At the beginning of October, UK future fuels company, Green Biofuels Ltd announced that it has gone into administration. This news come only 20 months after BP took a 30% […]
Porthos announces major CO2 system in Netherlands
Porthos has announced it has taken a final investment decision to develop the first major CO2 transport and storage system in the Netherlands. In 2024 construction will begin in Rotterdam, […]
Our North America Edition is Out Now!
As I type this note, half of our team are away from the office at events. David Kelly, our international sales manager has been in Denver, CO, at the API […]
US DOE selects Pacific Northwest for regional clean hydrogen hub
The US Department of Energy (DOE) has announced it has selected the Pacific Northwest Hydrogen Association’s PNWH2 Hub for award negotiations as one of the Regional Clean Hydrogen Hubs following […]
Croatian terminal to receive green ammonia from Brazil
Project developer Green Energy Park (GEP) has revealed plans to build a renewable ammonia facility in Piauí, Brazil, for exports to the proposed import terminal on the island of Krk, […]
Event Review: World Hydrogen Week
World Hydrogen Week took place in Rotterdam, the Netherlands, from 9-13 October 2023. Tank Storage Magazine is proud to be a media partner of a forward-thinking event that fosters discussion and collaboration, sharing insights into the ever-evolving world of hydrogen as a versatile and sustainable energy carrier. Shedding light on the latest developments and future prospects in the hydrogen industry, the conference was full of innovative ideas, debates, information and more. The green hydrogen revolution While green hydrogen is the preferred option to decarbonise hard-to-electrify sectors, it remains more expensive to produce than blue hydrogen. Despite this, green hydrogen […]
Port Tarragona successfully tests Smart Grid
The Port of Tarragona, Spain, has announced it has successfully piloted a Smart Grid (or smart grid to support the future energy community) on the Costa Wharf. A smart grid […]
