April/May 2023 edition out now!
Hot off the press after an incredibly successful StocExpo, the Tank Storage Magazine team has delivered another exciting edition, packed with exclusive interviews, insights and updates. In the April/May issue, readers can […]
StocExpo holds best ever event in Rotterdam
Earlier this month, an impressive 3,796 storage terminal professionals gathered in Rotterdam for this year’s hugely successful StocExpo. With two conference streams, a terminal tour, a new innovation & sustainability […]
Amogy secures $139m investment from SK Innovation
Emission-free, ammonia power solutions company, Amogy has announced a $139 million (€128 million) series B-1 fundraising. The round was led by intermediate holding company of SK Group, SK Innovation, joined by […]
BP and ADNOC to buy 50% of NewMed Energy
BP and Abu Dhabi’s state oil giant have made an offer to acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2 billion (€1.8 billion). The offer involves acquiring […]
Saudi Aramco inks $12.2 billion China oil refinery
Saudi Aramco has signed an agreement with Chinese partners for an oil refinery and petrochemical project in northeast China expected to start in 2026 to meet the country’s growing demand for […]
Libya signs South Refinery contract with Honeywell
A subsidiary of Libya’s state-owned National Oil Corp (NOC) has signed a contract with Honeywell for engineering work on the planned South Refinery project, estimated to cost between $500 million […]
Stolthaven Terminals joins the Ammonia Energy Association
Stolthaven Terminals has announced it has joined the Ammonia Energy Association (AEA), a global non-profit industry association that promotes the responsible use of ammonia as part of a sustainable energy […]
Denmark invites Nord Stream operator to salvage unidentified object
Denmark has invited the Russian-controlled operator of the Nord Stream 2 pipeline to help salvage an unidentified object found close to the only remaining intact gas pipeline under the Baltic […]
Absa Group aims for net zero carbon emissions by 2050
South African lender, Absa Group, aims to cut its net carbon emissions to zero by 2050 by curtailing lending to coal, oil and gas projects as well as increasing its exposure […]
Commissioning begins at Technip Energies’ Karbala refinery
Commissioning has begun at Technip Energies’ Karbala refinery PMC project in Iraq. Located approximately 100 km (62 miles) from Baghdad, Iraq, Karbala is Iraq’s first new refinery in decades and […]
Drax halts $2.5 billion biomass carbon capture plans
British power generator Drax has announced it will pause its planned £2 billion (€2.26 billion) UK investment in bioenergy with carbon capture and storage (BECCS) until it receives more clarity on […]
Technip Energies awarded contract CNOOC and Shell
Provider of consulting, engineering services and technologies, Technip Energies, has been awarded a contract by China National Offshore Oil Corporation (CNOOC) and Shell Petrochemicals. The contract is for the Huizhou Phase […]
Fire at INEOS Texas phenol plant
A fire broke out on Wednesday 22 March at an INEOS phenol plant in Pasadena, Texas, USA Officials say that truck backed into a loading dock at the plant and […]
Sempra reaches final investment decision on Port Arthur
US power and gas utility Sempra Energy has announced that the first phase of its proposed Port Arthur liquefied natural gas (LNG) export terminal will move ahead with investment firm KKR […]
Exolum secures contract to manage fuel terminal at Shannon airport
Exolum will operate the fuel storage terminal located at Shannon airport, Ireland, as the successful bidder of a tender process organised by the Shannon Airport Group. The company will manage […]
The best StocExpo yet…
On 14-16 March in Rotterdam, the Tank Storage Magazine team, along with organiser Easyfairs, held the StocExpo conference and exhibition. The leading event brought together a whole host of terminal […]
Greenergy and Hydrogenious LOHC Technologies develop green hydrogen supply chain
Greenergy and Hydrogenious LOHC Technologies have agreed to pursue a joint pre-feasibility study on the development of a commercial-scale hydrogen supply chain with the aim of shipping low-cost green hydrogen […]
Lhyfe and Centrica join for green hydrogen
The companies have signed a memorandum of understanding (MoU) that could accelerate green hydrogen as part of the energy transition in the UK. Lhyfe and Centrica will explore combing their […]
Okea buys Statfjord oilfield stake from Equinor
Norwegian independent oil and gas producer Okea has agreed to buy a 28% stake in Norway’s Statfjord production licence from Equinor for $220 million. The deal increases Okea’s total production by between […]
ESB and dCarbonX expand their partnership to develop UK onshore energy storage
ESB and dCarbonX have signed a memorandum of understanding (MoU) that will allow the companies to evaluate and progress onshore large-scale subsurface hydrogen energy storage opportunities in the United Kingdom. […]
The Port of Tarragona expands the berth for auxiliary vessels
The Port of Tarragona has increased the berthing line with the incorporation of 62 linear meters into the auxiliary dock of the Cantabria wharf, to facilitate auxiliary service (practice service, […]
Sharjah National Oil Corporation (SNOC) expands gas storage facilities
The latest expansion of SNOC’s gas storage capacity includes two high-pressure compressor trains and associated tie-ins to its existing brownfield facilities at Sajaa. SNOC set a 10-month schedule from award […]
It’s the final day…
It’s the final day of StocExpo and we cannot believe how quickly it has flown by. Today’s FETSA conference has an acute focus on digitalisation and cybersecurity at tank terminals, […]
Global Tank Storage Award Winners announced
This year’s Global Tank Storage Awards ceremony brought together over 200 terminal professionals on the 15 March in Rotterdam to celebrate 2023’s winning entries. Companies and individuals were recognised for […]
Here are the StocExpo stand award winners
StocExpo awarded the winners of the exhibition’s Stand Awards. Celebrating the exhibitors that pack the biggest punch and whose stands make an impact, the stand awards are an exciting way […]
What’s on at StocExpo: Day Two
Day one of StocExpo kicked off with a bang as doors opened and visitors flooded the show. The two conference tracks were a huge hit, and today is set to […]
Huge blaze hits Mexico’s largest facility
A massive fire broke out on Thursday, February 23, at the Tuzandepetl oil storage facility in Ixhuatlán, Mexico. The facility is run by state oil and gas company, Pemex, in […]
Oil spill off Nagapattinam coast
Workers from the Chennai Petroleum Corporation Limited (CPCL) have plugged a crude oil leak from a crack in an underwater pipeline that resulted in an oil spill a few kilometres […]
Celebrate the Forty Under 40 at StocExpo
As the show closes at 18:00 this evening, 14 March, there will be networking drinks available to all attendees and exhibitors in the Networking Lounge. Join us for a few […]
Doors open for StocExpo
StocExpo opens its doors on 14 March at 13:00 at the Ahoy, Rotterdam. The exhibition brings together top terminal professionals and exhibitors with key products to showcase. Plus, for the […]
Bahrain explores LNG export terminal
Bahrain is exploring ways to export its reserves of LNG to international markets, according to a statement from Nasser bin Hamad Al Khalifa, Chairman of Bahrain’s energy investment and development […]
Consortium signs $34 billion MoU for hydrogen project in Mauritania
German project developer Conjuncta has signed a memorandum of understanding (MoU) with Mauritania, Egypt’s energy provider Infinity and the United Arab Emirates’ Masdar for a $34 billion (€32 billion) green […]
