Carbonvert and Castex joint venture executes agreement for carbon storage
Carbon capture and storage project development and finance company, Carbonvert and operators, mineral buyers, and landowner, Castex Energy (through subdisary Castex Carbon Solutions) have announced the execution of an operating […]
Ports of Rotterdam and Duisburg strengthen cooperation on hydrogen
Port of Rotterdam and Port of Duisburg have announced a joint feasibility study on the combined role the two ports have to play in supporting the growing demand from the […]
Shell and LBC join for pyrolysis oil storage and handling
LBC Tank Terminals has announced a collaboration with Shell Chemicals for the storage of pyrolysis oil derived from plastic waste in the Port of Rotterdam. Strategically located in the key […]
Germany builds up LNG import terminals
A new liquefied natural gas (LNG) terminal at Mukran on Ruegen Island in the German Baltic Sea should be operational from the first quarter of 2024, Gascade, the pipeline firm […]
US pipeline regulator awards $15 million to improve safety
The US Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) has awarded $14.8 million (€13.8 million) in grants for pipeline safety training and technological research. The grants, authorised […]
Petra Nova CCUS project restarted
JX Nippon has announce that the Petra Nova carbon capture facility of the Petra Nova project, owned by Petra Nova Parish Holdings (a subsidiary of JX Nippon Oil & Gas […]
Opportunities for tank storage in the hydrogen economy
Nick Waple, senior engineer at Wood Plc, gives Tank Storage Magazine an exclusive preview of his talk at the Hydrogen Technology Expo and how this relates to tank storage professionals The offshore pipeline industry is facing some key challenges when it comes to transporting hydrogen at high pressures. This includes: What a new hydrogen pipeline will look like in terms of specification and testing requirements Pathways in repurposing existing pipelines for hydrogen The latest hydrogen pipeline design methodologies following an Engineering Critical Assessment (ECA) approach combining material test data, defect sizing and design loads Many aspects of the challenges foreseen […]
The key to success for data integrity
Cesar Espinoza and Veronica Dominguez at Rosen USA break down the essentials for ensuring smooth and effective data management and integrity Data management refers to the process of collecting, organising and storing large amounts of data in such a way that it can be useful and easy to access, navigate, and analyse. Facilities owners and operators now have more access to mechanical integrity data than ever before. As technology continues to advance, data will become increasingly accessible. On the other hand, the challenges of working with large volumes of data, and the need for automated systems to manage it, will […]
Join AntwerpXL 2023 for countless business opportunities
AntwerpXL, the world’s only event dedicated exclusively to breakbulk, project cargo and heavy lift, will be full of opportunities to network and do business when it opens its doors from 28 – 30 November 2023. There will be a series of networking opportunities and bonding activities at this year’s AntwerpXL, kicking off with an opening ceremony on the first day. On the morning of day two, delegates will have the opportunity to participate in the 53rd BUSINESSRUN to AntwerpXL, a great way to tour Antwerp on foot while networking with likeminded people. Also on day two, all project cargo owners […]
Vopak reaches agreement with Infracapital on sale of Rotterdam chemical terminals
Vopak has announced that it has reached an agreement with Infracapital on the sale of its three chemical terminals in Rotterdam (Botlek, TTR and Chemiehaven) for a total purchase price […]
Eni announces award of second UK CO2 Storage Licence
Eni announces that its subsidiary in the United Kingdom (Eni UK) has been awarded a Carbon Dioxide Appraisal and Storage Licence (CS Licence) by the North Sea Transition Authority […]
OCI Global announces agreement with New Fortress Energy for green ammonia
Producer of ammonia and methanol, OCI Global has announced an agreement to offtake green hydrogen from New Fortress Energy ZeroParks beginning in 2025. The agreement will allow OCI Global to […]
GE Vernova announces AI-powered carbon emissions management software
GE Vernova’s digital business has announced release of CERius, a carbon emissions management software designed to help energy companies progress toward their net-zero goals using data precision and abatement planning […]
Neste welcomes EU’s adoption of renewable energy and aviation targets
The European Parliament adopted the ReFuel EU Aviation Regulation. This follows the adoption of the Renewable Energy Directive (EU RED III) on September 12. Neste welcomes the enhanced ambition these […]
BP commits to Germany with $11 billion low-carbon investment
BP plans to invest up to €10 billion in low-carbon fuels, renewables and EV charging in Germany by the end of the decade to rival local power firms, as competition […]
Chevron buys world’s biggest hydrogen storage plant
Chevron has acquired a majority stake in the world’s largest proposed storage facility for hydrogen from renewable energy. U.S. majors Chevron and Exxon Mobil are rushing to lower production costs […]
AVAADA Group joins with Tata Steel SEZ for a green ammonia plant
Integrated energy company, AVAADA Group, has announced its initiative to establish a green hydrogen and ammonia manufacturing unit at Gopalpur Industrial Park, Odisha, India. This significant move comes in the […]
Svanehøj to supply pumps for the third northern lights LCO2 carrier
Supplier of CO2 pumps, Svanehøj has announced that the world’s three largest dedicated CO2 ships are now on its reference list. Northern Lights (a joint-venture of Shell, Equinor, and TotalEnergies) […]
Exclusive interview: V-Tank Storage SA
Tank Storage Magazine speaks to it’s Autumn edition front cover sponsor, V-Tank Storage SA, about its global sites. ‘We are an independent storage company for bulk liquid products, focused on the marketing, renting in and renting out storage capacity at bulk liquid terminals,’ says Ulf Vleeshouwers founder, chairman and CEO of V-Tank Storage SA. With more than 52 years of experience in the bulk liquid storage sector, Vleeshouwers has been a vital part of the industry for decades. ‘After having worked for Paktank, Van Ommeren (now Vopak), Nordic Tank Storage, Nordic Storage and InterTank, I had the idea to start […]
Uniper to decommission coal-fired power plant
Uniper will permanently decommission the Heyden 4 hard coal-fired power plant in Petershagen near Minden, Germany on September 30, 2024. Uniper already made the decision to decommission the plant at […]
NSTA to become offshore hydrogen transport and storage regulator
The North Sea Transition Authority (NSTA) is expected to take on the role of offshore hydrogen transport and storage regulator following the conclusion of a consultation on the proposal. The […]
Editor’s Note: Autumn 2023
It’s been a while since the last full magazine edition landed, so let me remind you of the high quality content you can enjoy. This issue has our annual Chemical Storage supplement, which you can find on page 50. Inside is an exclusive interview with Stolthaven Singapore, centring on the facility’s Dow SEA S4TAR Award win. There’s also updates from the Chemical Business Association about creating a safe and sustainable supply chain, plus Cepsa Quimica offers insight into its range of sustainable chemical products. Throughout the rest of the magazine, you’ll find an exclusive interview with one of 2023’s Global […]
Bangladesh’s Summit Group to invest $3 billion in clean-energy push
Bangladesh’s Summit Group plans to invest $3 billion (€2.8 billion) in solar, wind and hydroelectricity generation projects in south Asia as a part of its clean energy push and efforts […]
Orlen announces expansion to bolster Poland’s energy security
Multinational oil refiner and petrol retailer, the Orlen group has announced that over the next few months it will be preparing to launch production from new fields in an effort […]
Stolthaven Terminals to expand operations in the US
Stolthaven Terminals confirms it will expand its facilities in the US Gulf to continue to meet its customers’ growing needs for specialist storage and handling services. The planned expansion programme […]
JERA, ConocoPhillips and Uniper to source low-carbon hydrogen/ammonia supply
Energy companies Jera and Uniper have announced a non-binding heads of agreement together with hydrocarbon exploration and production company, ConocoPhillips, for the sale of ammonia to Uniper. The project would […]
Woodside and KEPCO collaborate on carbon capture and storage
Woodside has signed a non-binding memorandum of understanding (MoU) with Kansai Electric Power Co. (KEPCO), to enable studies of a potential carbon, capture and storage (CCS) value chain between Japan […]
Case study: How a successful software implementation rendered great dividends
The Rosen Group shares a successful case study of its software implementation Rosen’s case study corresponds to a worldwide leader in energy storage and hydrocarbons movement, committed to drive a revolutionary business model. This company owns and operates tanks and terminal facilities in multiple locations in the world with an estimated total product storage and handling capacity exceeding 60 million barrels. Their business model strive for shorter turnaround times and product blending at lower operating costs, compared to other terminals in the regions they operate. At the earlier times, asset management did not seem to be an exhaustive task to […]
Hydrogen key to energy transition, say industry experts at Gastech 2023
The second day of Gastech 2023 has drawn to a close, with high-level participation from policymakers and business leaders from over 100 countries, enabling significant progress on the path to net zero. Discussions from the second day focused on how the global energy industry can help tackle crucial challenges, such as identifying the best means of unlocking investment in energy projects and advancing hydrogen production. From sessions on LNG as a driver of energy security in Asia, to industry action on methane emissions reduction, participants explored both policy and technical considerations for natural gas, LNG, and hydrogen as accelerators of […]
ADNOC announce investment in huge MENA carbon capture project
ADNOC has announced a final investment decision to develop one of the largest carbon capture projects in the Middle East and North Africa (MENA) region. The pioneering Habshan carbon capture, […]
Poland’s ORLEN takes on CO2 storage project in Norway’s Arctic
PGNiG Upstream Norway, part of Poland’s ORLEN Group, will join and operate the Polaris carbon storage project in the Norwegian Barents Sea, owned by Horisont Energi. The two groups signed a letter of intent that will see the ORLEN subsidiary become the operator and acquire a stake of up to 50% in the Polaris licence. The process of bringing the new partner on board is expected to be completed by early December. The Polaris project would mark ORLEN’s first intended CO2 storage licence anywhere, which it hopes can help decarbonise industry exposed to high emission costs. The agreement is in […]
NZTC awards £9 million to technologies to accelerate net zero
Over £9 million (€10.5 million) has been awarded to data and digital technologies that will enable the energy transition, as part of Net Zero Technology Centre’s (NZTC) 2023 open innovation […]
