Essar Oil completes $150 million receivables portfolio
Essar Oil has successfully completed the financing of a $150 million (€142.7 million) receivables portfolio with Hamburg Commercial Bank and Mizrahi-Tefahot Bank. This new facility highlights the banking community’s confidence in the […]
Lightning strike on gas tank causes fire in Oxford
On October 2nd an explosion occurred when a lightning strike hit a bio gas tank at Trent Green Power plant in Oxfordshire. The plant is a producer of renewable energy from […]
Seapath and Pilot LNG joint venture for LNG bunkering facility
Seapath, a maritime subsidiary of Libra Group, Seapth and clean energy solutions company, Pilot Energy have announced that they have formed a joint venture to develop, construct, and operate the […]
INEOS Inovyn annouces ISCC PLUS certification
The largest operator of electrolysis technology in Europe, INEOS Inovyn, has announced that it has achieved a new ISCC certification, reflecting its ambition to reduce carbon emissions. From June 2023, […]
Uganda’s Tilenga, Kingfisher oil projects and pipeline on track for 2025
Uganda’s Tilenga and Kingfisher petroleum projects, as well as a pipeline to carry their oil to Tanzania for export, are on track for first production by 2025. The 1,445 km […]
Port Bonython hydrogen hub to boost Australia’s hydrogen industry
The Albanese and Malinauskas Governments have finalised a grant agreement to develop the Port Bonython Hydrogen Hub near Whyalla, Austalia. The development will create regional jobs and bring Australia another […]
Prostar Capital sells bulk liquid storage terminal to Mercantile & Maritime
Prostar Capital has announced the successful sale of its bulk liquid storage terminal facility, GTI Fujairah (GTIF), to Mercantile & Maritime Group (M&M). GTIF is located in the Port of […]
Modern foam for safer fire suppression
David Garris, firefighting foam agent & hardware product manager, at Johnson Controls explains how its new non-fluorinated foam has proven effective for large tank fire suppression Alcohol-resistant aqueous film-forming foam (AR-AFFF) has been the standard for delivering rapid control and extinguishment of large, flammable liquid storage tank fires. As foam technologies evolved, a new class of non-fluorinated products was introduced but struggled to deliver the performance of traditional AR-AFFFs – until now. Recent advancements have resulted in non-fluorinated foam solutions that perform similar to legacy foams. The latest industry innovation is the new Thunderstorm WNF33A 3×3 foam concentrate, part of […]
Vopak and Neste advance energy transition in California
Vopak has spent €30 million in repurposing 22 tanks at its Los Angeles terminal in California, USA, to establish a combined capacity of 148,000 m³ (39 million gallons). The repurposing […]
Equinor and OMV sign 5-year gas supply deal
Norwegian energy group Equinor has signed a five-year agreement to supply gas to Austria’s OMV as part of the latter’s supply diversification strategy. Equinor will deliver 12 terawatt hours (TWh) […]
EXCLUSIVE INTERVIEW: Standic
Molly Cooper speaks to Paul Voogt, CCO and commercial director at Standic about the chemical terminal’s activities and future expansions Standic offers tailor-made solutions for the storing of biofuels, base oils, lubricants, marine fuels and chemicals. ‘Standic is made up of three terminals in the Netherlands and Belgium. The two chemical terminals are located in Dordrecht and Antwerp and since January 1 of this year, our sister company, Haan Oil Storage, became Standic Oil Storage in Dordrecht,’ says Paul Voogt CCO and commercial director at Standic. The terminals in Dordrecht were originally constructed at the end of the 1950s and […]
Nominations Now Open for the 2024 Global Tank Storage Awards
The Global Tank Storage Awards returns in 2024 on 12 March in Rotterdam. It will once again recognise the best performing companies, products and people for their achievements, innovations and […]
UK & Germany Partner to become Hydrogen Leaders
The UK and Germany have signed an agreement to help accelerate the development of an international hydrogen industry. Signed today at the UK Embassy in Berlin by Minister for Energy […]
UK government commits £160 million for developing countries to tackle climate change
The UK government has announced that it will dedicate £160 million to climate support for developing countries, at the UN Climate Ambitions Summit in New York. The UK will stand […]
Sempra’s Port Arthur LNG Phase 2 project gets FERC permit
Sempra Infrastructure has gained regulatory approval for the second phase of its project at Port Arthur; the expansion of the Port Arthur LNG project in the US. The approval from […]
Alternative Environmental Technologies reaches milestone
Alternative Environmental Technologies (AET) has announced that its design, procurement, assembly, and installation work of the initial SULFEX commercialisation project is near 70% completion. The process is being installed at […]
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 […]
