TERMINAL NEWS
Stay up-to-date with the latest news, insights and analysis on the global terminal industry, from new oil and gas projects, ammonia and hydrogen MoUs to the energy transition and incidents at storage terminals.
Avenir’s Pioneering Bio-LNG Vessel
Avenir Ascension is to become the first bunker vessel world-wide to continuously run on bio-LNG for 2025. As of 1 April 2025, Avenir Ascension will use bio-LNG for its own
VARO Energy Acquires Preem
VARO Energy has reached agreement to acquire Preem through the purchase of 100% of the share capital of the parent company, Corral Petroleum Holdings, in an all-cash transaction. Subject to
Wärtsilä To Supply Dual-Fuel Engines To Ibaizabal
Wärtsilä will supply three 25DF dual-fuel engines for a new 18,600 m3 capacity LNG Bunkering vessel being built for Spanish operator Ibaizabal. The engines will feature Wärtsilä’s NextDF technology, which
Equinor, Shell & TotalEnergies Announce FID For Northern Lights Development
Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the Northern Lights development. The decision was made after signing a commercial agreement with
JERA & EDF Expand To Include Japanese Power
JERA, EDF Trading (EDFT) and JERA Global Markets (JERAGM) have announced the expansion of JERAGM’s remit by its shareholders to include Japanese power trading. The respective Japanese power trading businesses
Delfin To Supply SEFE With LNG
SEFE Securing Energy for Europe and Delfin Midstream (Delfin) have signed a heads of agreement for the long-term supply of 1.5 million tonnes of LNG per year for at least
TotalEnergies Launches Six New Battery Storage Projects
TotalEnergies has announced investment decisions for six battery storage projects. In total, these projects amount to 221 MW of new storage capacity and an investment outlay of €160 million. These
Tank Storage Association Announces New President and Vice-President
Arun Sriskanda, managing director at Oikos Storage, has been elected as the new President of the Tank Storage Association (TSA), the trade association representing all aspects of the UK’s bulk
Aramco Acquires 50% Stake in Blue Hydrogen Industrial Gases
Aramco and Air Products Qudra (APQ) have announced that Aramco has completed the acquisition of a 50% equity interest in the Jubail-based (Saudi Arabia) Blue Hydrogen Industrial Gases (BHIG). The
Polish Delegation Visits Tilburg VIDA Bioenergy Plant
A delegation of key stakeholders from Poland’s biomethane sector, led by the Polish Biomethane Organization, visited the VIDA bioenergy plant in Tilburg, Netherlands, to gain key insights into the latest
Golar LNG Signs Finance Lease Agreements for FLNG Gimi
Golar LNG has entered into finance lease agreements with a consortium of leading Chinese leasing companies for the refinancing of the existing FLNG Gimi debt facility. The sale leaseback facility
Apollo & BP To Partner on TANAP Gas Pipeline
BP and Apollo have reached agreements for Apollo-managed funds to purchase a 25% non-controlling stake in BP Pipelines (TANAP), BP TANAP – the BP subsidiary that holds BP’s 12% interest
Storagetech Completes Floating Roof Order
Storagetech has announced the successful completion of a tailor-made external floating roof mechanical seal order for Saudi Aramco Jubail Refinery (SASREF) in Saudi Arabia. Storagetech was responsible for the design,
Tepsa Announces New Terminal
Tepsa is taking a step towards sustainability with its first-ever storage terminal in Andalusia, designed to handle a wide variety of bulk liquids—including chemical products, biofuels, and renewable materials. Located
CTCI Wins EPC Bid for LNG Storage Tanks
CTCI has announced that it has jointly won a NT$26.6 billion (€28 million) EPC bid with Japan’s IHI Plant Services (IPC) to build four above-ground, double-domed liquefied natural gas (LNG)
Adler & Allan Unveils 2024 ESG Report
Adler & Allan have announced the release of its 2024 ESG Report, highlighting a landmark year of sustainability progress and strategic benchmark setting. Over the past years, Adler & Allan
Gasunie & Petrogas To Investigate Hydrogen Transportation
Gasunie and Petrogas are investigating how the Petrogas pipeline, installed under the North Sea, can be reused to transport green hydrogen. The research focuses on the feasibility of reuse and
Stolt-Nielsen To Invest In US Logistics
Stolt-Nielsen has announced a series of ongoing investments aimed at expanding and enhancing its operations across the US. These investments are part of the company’s commitment to improving its service
Moeve & Exolum To Invest In New Infrastructure at The Port Of Huelva
Moeve, Exolum and the Port Authority of Huelva have revealed plans at the Port of Huelva, in Spain, for new loading and unloading infrastructure that is currently under construction. This
Woodside & China Resources Sign LNG Supply Agreement
Woodside has signed a long-term sale and purchase agreement (SPA) with China Resources Gas (China Resources) for the supply of liquefied natural gas (LNG) to China. The SPA provides for
Baker Hughes & Woodside Energy to Develop Decarbonisation Solution
Baker Hughes and Woodside Energy have announced a joint initiative to develop a lower carbon power generation technology solution utilising the Net Power platform that is specifically designed for oil
RWE & TotalEnergies in Green Hydrogen Supply Deal
Germany’s RWE has agreed to supply French oil major TotalEnergies with about 30,000 tonnes of green hydrogen a year from 2030, in one of the sector’s biggest deals. The agreement
Scotland’s Grangemouth Refinery Becomes Low-Carbon Industrial Hub
A recent feasibility study, known as Project Willow, has outlined an ambitious plan to transform Scotland’s Grangemouth oil refinery into a low-carbon industrial hub. The proposed transition requires an investment
Vopak Completes ISCC Bio-Bunkering Operation
Vopak Horizon Fujairah has successfully completed its first ISCC Certified bio-bunkering supply operations in the UAE, supporting the country’s Net Zero by 2050 strategy. This marks a milestone in advancing
MOL Acquires LBC Tank Terminals
LBC Tank Terminals (LBC) has announced a change in ownership. An agreement has been reached between its current owners (Ardian, APG and PGGM) and Mitsui O.S.K. Lines (MOL), marking the
Vopak To Expand Thai Terminal For Ethane Storage
Vopak has reached a positive final investment decision in expanding its global industrial terminal footprint by constructing 160,000 m3 tank infrastructure in Map Ta Phut, Rayong, Thailand, to support the
Honeywell To Acquire Sundyne
Honeywell has announced that it has agreed to acquire Sundyne from private equity firm Warburg Pincus for $2.16 billion (€2 billion) in an all-cash transaction. This represents approximately 14.5x 2024
Vitol & LNGPH Sign Gas Supply Deal
LNGPH, the integrated liquefied natural gas (LNG) power facilities of South Premiere Power (SPPC) and Excellent Energy Resources (EERI), have signed an LNG sale and purchase agreement (LNG SPA) with
GTT Receives Order For Design Of Two LNG Carriers
GTT has received, in the first quarter of 2025, an order from an Asian shipyard for the tank design of two new liquefied natural gas carriers (LNGCs) on behalf of an
Vopak & Neste Deliver Renewable Diesel in Singapore
The first supply of Neste’s renewable diesel has been delivered to the Singapore Cruise Terminal by a tanker operated by Global Energy. The fuel was sourced from Vopak’s Penjuru Terminal,
Odfjell Terminals Korea & S-OIL Seal 10-Year Storage Deal
Odfjell Terminals Korea (OTK) and S-OIL have strengthened their strategic partnership with a milestone 10-year storage contract, comprising three tanks (23,990 m3) within OTK’s E5 expansion project. The E5 project
Baker Hughes & Frontier Infrastructure To Accelerate Development of CCS
Baker Hughes and Frontier Infrastructure have announced a strategic partnership to accelerate the deployment of large-scale carbon capture and storage (CCS) and power solutions in the US. As part of
Editors' picks
VARO Energy Acquires Preem
Polish Delegation Visits Tilburg VIDA Bioenergy Plant
Emerson: Debunking The Myth About Radar And Liquefied Gases
StocExpo Kicks Off 20th Anniversary Celebrations
Revealed: Winners of the 2025 Global Tank Storage Awards
BP Resets Fossil Fuel Strategy
