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.
Trafigura to Acquire Greenergy’s Canadian Operations
Trafigura Group and Greenergy have announced that Trafigura has expanded its agreement with Brookfield Asset Management and its listed affiliate Brookfield Business Partners to include Greenergy’s Canadian supply operations for
VTTI to Acquire 50% of UK’s Dragon LNG
VTTI is set to acquire Ancala’s 50% share of Dragon LNG. The terminal consists of LNG receiving, storage, reliquefication, regasification and send-out facilities. The remaining 50% will be held by
Exolum Invests €12 million in Lanzarote Airport Fuel Terminal
Exolum will invest €12 million in the construction of a new aviation fuel storage terminal and a new loading area for refuelling units at the Lanzarote airport, Spain. This new
ADNOC Signs Third Long-Term Heads of Agreement for Ruwais LNG Project
ADNOC has signed a 15-year Heads of Agreement (LNG agreement) with EnBW Energie Baden-Württemberg AG (EnBW), one of the largest energy companies in Germany, for the delivery of 0.6 million
TC Energy Achieves Record Natural Gas Deliveries
Canadian pipeline operator TC Energy has reported its first quarter results for 2024 with a message from CEO François Poirier: ‘Throughout the first quarter of 2024, TC Energy continued to
Shell to Sell Interest in Singapore Energy and Chemicals Park to CAPGC
Shell Singapore has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC, a joint venture company between Chandra Asri Capital and Glencore Asian Holdings. The
Sempra Launches Wind Project
Sempra Infrastructure, a subsidiary of Sempra has reached a positive final investment decision for the development, construction and operation of the Cimarron wind project, the third phase of the Energía
Petrobras to Invest in Green Energies
While speaking on a panel sessions at OTC in Houtson, Texas, Petrobras’ president Jean Paul Prates, declared that the oil and gas sector is a key piece in structuring the
American Petroleum Institute Releases Annual 2023 Performance Report in coordination with the Liquid Energy Pipeline Association
The American Petroleum Institute (API) has released its annual 2023 Performance Report in coordination with the Liquid Energy Pipeline Association (LEPA), outlining the pipeline industry’s continuing record of safety performance
24th Annual Qatarization Review Underway
His Excellency Saad Sherida Al-Kaabi, the Qatari Minister of State for Energy Affairs, chaired the Energy Sector’s 24th Annual Qatarization Review meeting in the presence of senior executives and representatives
Singapore Polytechnic and Vopak Collaborate for Maritime Safety
Singapore Polytechnic and Vopak have signed a memorandum of understanding (MoU) to collaborate on equipping the faculty members of the Singapore Maritime Academy with the knowledge and skills in the
EU Awards €720m to Green Hydrogen Projects
The EU has awarded €720 million to green hydrogen projects in the first European Hydrogen Bank (EHB) subsidy auction, aiming to bridge the gap between renewable hydrogen and fossil fuel
Port of Antwerp-Bruges Signs MoU with Namport
Namibian Ports Authority (Namport) and Port of Antwerp-Bruges International have joined forces and signed a memorandum of understanding (MoU) to accelerate the hydrogen economy. The agreement was signed in the
Advario Joins SOHAR Port & Freezone Net Zero Alliance
Terminal company Advario has joined the SOHAR Port and Freezone Net-Zero Alliance. SOHAR Port and Freezone is a deep-sea port and adjacent free zone in the Middle East, located in
Teesside LPG Terminal Operational
A new LPG terminal is now operational in Teesside, UK, that will improve the security of the nation’s off-grid energy supply – providing up to 90,000 tonnes of LPG each
Fluxys Appointed Belgium’s Hydrogen Network Operator
Implementing the Federal Hydrogen Act of 11 July 2023, Federal Energy Minister Tinne Van der Straeten has appointed Fluxys hydrogen, a subsidiary of Fluxys Belgium, as operator for the development
MidOcean Energy Completes Acquisition of 20% Stake in Peru LNG
MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, has announced the completion of its
TotalEnergies Looks to Acquire SapuraOMV
TotalEnergies has signed an agreement in view of acquiring the remaining 50% of SapuraOMV, a significant Upstream Gas Operator in Malaysia. The agreement is worth $530 million (€496 million), subject
TotalEnergies Launches Marsa LNG project & Deploys Oman Multi-Energy Strategy
During a visit to Muscat, Oman, on 21 April, Patrick Pouyanné, chairman and CEO of TotalEnergies met with His Majesty Sultan Haitham bin Tariq Al Said and His Excellency Eng
Odfjell Terminals Korea Completes Terorrism Drill
On 15 April, without notification and scenario, an anti-terrorism drill at Odfjell Terminals Korea (OTK) was executed, joint with the military, police, fire station and other authorities. The drill simulated
Stolthaven Opens New Dagenham Jetty
Stolthaven Terminals announced on LinkedIn that its state-of-the-art jetty is officially open at its Dagenham, UK terminal. The company hosted a special opening ceremony and were pleased to welcome special
I Squared Capital to Acquire Rubis SCA Stake
Rubis SCA has announced that it has entered into exclusive negotiations with I Squared Capital to acquire its 55% stake in RT Invest. If Rubis and ISQ reach an agreement,
Vitol Acquires BioMethane Partners
Vitol has announced the acquisition of US-based renewable energy company, BioMethane Partners, to form Vitol BioMethane (VBM). VBM is a Texas-based landfill-gas-to-energy company, whose leadership has more than 100 years
MOL Inaugurates Hungary’s Largest Green Hydrogen Plant
MOL Group has handed over a 10 MW capacity green hydrogen plant in Százhalombatta, Hungary, which is the largest in Central and Eastern Europe. The €22 million investment makes fuel
Rubis Terminal Rotterdam Begins Expansion Phase 4
Rubis Terminal Rotterdam (the Netherlands) has begun the expansion of Phase 4 of its project. As per tradition, a coin was tossed in to the first piling, to bring good
GES & Provaris to Develop Rotterdam Hydrogen Import Facility
Global Energy Storage (GES) and Provaris Energy have entered a collaboration agreement to develop a gaseous hydrogen import facility at the GES terminal in Rotterdam, the Netherlands. GES is developing
Kent Wins 3-Year Framework Contract with Repsol Norge
Kent, a global integrated energy services provider has been awarded a comprehensive 3-year framework contract with Repsol Norge for various operations in the Norwegian sector of the North Sea. This
Nine Injured in Pemex Akal-B Oil Production Platform Fire Offshore Mexico
Mexico’s state-controlled oil company said a fire at one of its Akal-B oil platforms in the Campeche Bank left nine people injured Saturday afternoon. Petroleos Mexicanos, (Pemex), said two of
Yara Clean Ammonia & Azane Granted Safety Permit To Build Low Emission Ammonia Bunkering Terminal
The Norwegian Directorate for Civil Protection has given approval to construct Yara and Azane’s planned ammonia bunkering facility at Fjord Base in Florø, Norway. The permit marks a significant milestone
Neste & Lotte Chemical Team Up On Renewable Chemicals and Plastics
Neste and South Korean chemical company Lotte Chemical are teaming up to make chemicals and plastics more sustainable. The companies embark on a strategic collaboration to replace fossil resources with
Lochard Energy to Receive ARENA Hydrogen Funding
Lochard Energy is set to receive $2 m from the Australian Renewable Energy Agency (ARENA) for an 18-month feasibility study to assess the technical and commercial viability of storing hydrogen
Yara Clean Ammonia Appoints New CEO
Hans Olav Raen has been appointed CEO of Yara Clean Ammonia, effective 1 May 2024. Raen has been business director, heading OCI’s fertilizers business in Europe. He has more than
Editors' picks
ILTA Announces Safety Awards 2024
24th Annual Qatarization Review Underway
Let’s Shape the Future of Tank Storage Awards
Summer Edition Out Now
Event Review: StocExpo 2024
GES & Provaris to Develop Rotterdam Hydrogen Import Facility
Trial Paid Membership Now
Odfjell Publishes 2023 Results
StocExpo Closes its Doors for 2024
