All News – Page 45 – Tank Storage Magazine

Joint study for hydrogen and ammonia supply chain in Osaka

Mitsui & Co, Mitsui Chemicals, IHI Corporation and The Kansai Electric Power Co have announced the signing of an memorandum of understanding (MoU) regarding a joint study to establish a […]

Mitsui & Co acquires stake in Terreva Renewables

Mitsui & Co has acquired a 33.3% stake in US renewable natural gas production and sales company, Terreva Renewables. In North America, approximately 146 million tons (160 million tonnes) of […]

Venture Global and Baker Hughes to support Venture Global’s expansion plan

Venture Global LNG has announced its long-term expansion plan to increase production from 70 million tonnes per annum (MTPA) to more than 100 MTPA of nameplate LNG export capacity. To […]

Asian LNG buyers face volatile market until 2026

Asian liquefied natural gas (LNG) buyers are navigating a near-term market that is so finely balanced that any supply disruptions or demand upsides could cause significant price volatility according to […]

Wood Group and Harbour Energy partner for UK North Sea operations

British oilfield services firm Wood Group has announced it has signed a new master services agreement and associated contracts valued at around $330 million (€305.5 million) for UK North Sea […]

Are you ready for our Autumn edition?

Welcome back from the summer! The Tank Storage Magazine team has been busy over the last few months putting together some very exciting content for all our members to enjoy. We’re opening up some of our exclusive scoops to give you all a taster of what you can expect when you join our community. Free Members can expect a round-up of the latest news, an exclusive interview with Vopak’s Alexander Fokker, and an update on a selection of key tank terminal expansion projects. Upgrade now for instant access to the full digital magazine, including: Exclusive interviews with Odfjell Terminals Korea and Stolthaven Terminals […]

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Leak at Calumet hydrogen plant to impact throughput

A leak detected in the steam recovery system at Calumet Specialty Products Partners’ Montana renewable hydrogen plant is limiting throughput until repaired, according to Reuters. The company, which manufactures and […]

Essar Oil partners with Oikos Storage

Essar Oil can now transport and distribute middle distillate fuels at the Oikos Storage Canvey Island facility, in the UK, to serve the Thames and surrounding regions. This enhances Oikos’ […]

Hurricane Idalia sets sights on Florida’s Gulf coast

Hurricane Idalia is heading toward Florida’s Gulf coast, posing a threat to life as the storm surges, with landfall expected on Wednesday. ‘Rapid intensification is expected before landfall, and Idalia […]

Plastic Omnium to set up hydrogen production plant

Plastic Omnium has announced plans to build the largest North American hydrogen storage manufacturing plant in Grand Blanc Township, Michigan, to supply a major American automaker. The group will design, […]

RegO Products introduces new CBE504 series

RegO Products has announced the launch of its new CBE504 series half-inch pressure builder-economiser regulator, which has been designed to help achieve and maintain proper pressures in cryogenic vessels, minimising […]

Project Cargo Summit: Managing digital, political and environmental demands

Project Cargo Summit 2023 is back to its normalised format. As the project cargo and breakbulk industries returned to a more normal way of operating, the Summit itself is moving back from the digital platforms to a physical setting. With around 100 industry experts gathered in a single spot, it is prime time to discuss the major issues the industry is facing and suggest potential solutions. This year’s Project Cargo Summit is all about managing digital, political and environmental demands. The industry will converge in Bremen on September 6-7 to discuss the issues, and solutions and to network as well. […]

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Mitsui & Co acquires majority stake in Nutrinova Netherlands

Mitsui & Co has agreed with Celanese, a leading American chemical company, to acquire a 70% stake in its wholly owned subsidiary Nutrinova Netherlands. The purchase price for the shares […]

Stolthaven New Zealand sends two tanks out to sea

Stolthaven Terminals sparked the interest of onlookers and local media in New Zealand when it floated two 225 tonne tanks down the coast of the North Island to its storage […]

AntwerpXL 2023: Breakbulk conference shaping up to be ‘unmissable’

The conference at AntwerpXL, the world’s only event dedicated exclusively to breakbulk, project cargo and heavy lift, and is fast becoming a must-attend for industry professionals. Returning to Belgium this November, AntwerpXL’s conference will cover the most pressing global themes with talks from the industry’s leading lights. Day one features sessions including: Project Cargo – Managing the offshore renewable boom Ports – Being a one-stop-shop for breakbulk Sustainability – Decarbonising heavy lift Current Market – How geopolitics is impacting the supply chain On the panel discussing the management of offshore renewables will be Neil Golding, Head of Market Intelligence at […]

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Banpu announces carbon sequestration agreement

International versatile energy provider, Banpu, has taken another big step forward in the carbon capture, utilisation and storage (CCUS) project in the US. This follows the initiatives of the Barnett […]

Gastech 2023 to Showcase Climate-Focused Innovations on the Road to Net-Zero

Climate technologies are driving down emissions, safeguarding future energy supplies, and advancing the cause of a just energy transition in the developing world. According to estimates from Singapore’s Nanyang Technological University, they could reduce global CO₂ emissions by 40%. Climate technology is a critical component of the world’s decarbonisation efforts and, in recognition of this, Gastech 2023 has expanded to include a dedicated Climatetech exhibition and conference programme, which will bring together established energy players, policy analysts, investors, and Big Tech. As investor enthusiasm for climate technologies remains strong, and the wave of policy incentivisation continues, Gastech 2023’s Climatetech zone […]

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Marathon Petroleum implements Topsoe technology at Martinez Renewables facility

Marathon Petroleum’s former refinery in Martinez, California, USA has been repurposed to produce renewable diesel through the company’s joint venture with Neste. The Martinez Renewable Fuels Facility is currently operating […]

Wärtsilä and AGL complete construction of Australia energy storage facility

Technology group Wärtsilä has completed construction at the Torren Islands Grid Scale battery energy storage system (ESS) with AGL Energy Limited, one of Australia’s leading integrated energy companies. The 250-megawatt […]

TotalEnergies acquires 40% interest in carbon storage exploration license

TotalEnergies has signed an agreement with CapeOmega Carbon Storage AS, a wholly owned subsidiary of CapeOmega AS, to acquire the 40% participating interest held by CapeOmega in the CO2 storage exploration […]

How To Detect And Prevent Costly Steam Trap Leaks And Blockages

Steam Traps, common yet essential components in the process industry, are too often prone to failure, leading to wasted energy and increased costs. To prevent these issues, steam traps must be monitored regularly to detect and address malfunctions. Traditional steam trap monitoring methods involve manual inspection and testing, which can be time-consuming, labour-intensive, and, unfortunately, prone to human error. This use case, built on TWTG’s industrial experiences with Steam Trap Monitoring, considers the challenges of traditional monitoring methods, and analyses how recent technological advancements have opened up the possibility of achieving a complete digital monitoring overview. To demonstrate these technological […]

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