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 […]
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 […]
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 […]
