McDermott awarded FEED contract from Gunvor Petroleum

McDermott International, alongside its storage business, CB&I, has been awarded a Front-End Engineering Design (FEED) contract from Gunvor Petroleum for the Green Hydrogen Import Terminal project. The project is part […]
Renergen says South Africa’s first LNG plant launched

Renergen has launched South Africa’s first commercial LNG production plant as part of the first phase of its Virginia gas and helium development. In a recent statement, the firm said […]
Russian forces strike oil depot in Kryvyi Rih, Ukraine

A large fire has erupted at an oil depot in Kryvyi Rih, Ukraine after Russian forces attacked the depot, launching missiles that hit the base. An air alert was announced […]
Gascade to develop first LNG link to German gas network in Lubmin

Gascade, alongside partners NEL and OPAL & Co., is expected to provide the first LNG link to the German gas network. The LNG pipeline link should be ready before the […]
Green hydrogen storage to be developed in Ireland

Electricity Supply Board and asset-focused energy company dCarbonX are joining to develop large-scale energy storage projects off the Irish coast. ESB and dCarbonX believe there is a great opportunity to […]
Enbridge develop ‘blue’ hydrogen, ammonia production facilities

Enbridge and Humble Midstream agreed in May to develop and market a low-carbon hydrogen and ammonia production and export facility at the Enbridge Ingleside Energy Centre, which Enbridge acquired in […]
Sinopec aims to be world leader in hydrogen refuelling

China Petrochemical Corp, also known as Sinopec, the world’s largest refiner by volume, says it will further boost its green hydrogen manufacturing capabilities and expand its hydrogen refuelling network nationwide […]
IKAV acquires Aera Energy from Shell and ExxonMobil

IKAV, the international asset management group, agrees to acquire Aera Energy LLC (‘Aera’), through two separate transactions with the joint subsidiaries of ExxonMobil and Shell respectively. Both transactions are subject […]
Tank storage industry’s ‘Forty Under 40’ 2023 search launched

StocExpo, the world’s leading bulk liquid storage event, which will be held 14-16 March 2023 at the Rotterdam Ahoy, is searching for the industry’s most dynamic professionals who are under […]
UK Government opens consultations for hydrogen transport storage

The UK government has requested consultations for views on hydrogen transport and storage infrastructure business models, as well as regularity arrangements for strategic planning and the role of blending. The […]
Shanghai announces new plans for major hydrogen development

Shanghai and its local departments have announced extensive plans to build a regional hydrogen pipeline network and a national trading platform. Lin Boqiang says: ‘Hydrogen plays an important part in […]
GPS announce commercial operation at Port Klang LPG terminal

GPS Group has announced the successful completion of its LPG storage terminal in Port Klang, Malaysia, with its first commercial operation in May of this year. Situated in Port Klang, […]
Fluxys and Advario to develop a green ammonia import terminal

Fluxys, Advario Stolthaven Antwerp, and Avario Gas Terminal have joined forces to study the viability of an open-access green ammonia import terminal at the Port of Antwerp-Bruges. The plan includes […]
Oman Tank Terminal Company to develop pipeline to export Oman crude oil

Oman’s Ministry of Energy and Minerals signed an agreement with Oman Tank Terminal Company (OTTCO) for the development of a new pipeline which will export Oman blend crude oil at […]
AntwerpXL 2022 conference programme announced

The conference programme for the upcoming AntwerpXL, the award-winning breakbulk, heavy-lift and project cargo event, has been unveiled. AntwerpXL returns in 2022 and will bring the breakbulk community together again […]
INEOS Phenol adds 1 million tonnes of production capacity

Phenol and acetone producer INEOS Phenol has agreed to acquire the entire asset base of Mitsui Phenols Singapore from Mitsui Chemicals, a leading Japanese chemicals manufacturer, for a total consideration […]
TotalEnergies Marine Fuels completes biofuel operation

A COSCO Shipping Lines containership has been successfully filled with marine biofuel in TotalEnergies’ first such bunkering operation in Singapore. The containership was bunkered with biofuel from TotalEnergies comprising VLSFO […]
Mexico & Venezuela aid Cuba in oil fire fight

A fire that broke out at the Matanzas Supertanker Base in Cuba on 5 August 2022 reportedly came under control five days later on 9 August, after flames engulfed four […]
Horisont Energi partners with Koole Terminals in Rotterdam port

Horisont Energi, a Norwegian clean energy company, and Koole Terminals, a leading independent liquid bulk storage company, have announced plans to develop a new CO2 terminal in the Port of […]
Australia approves 46,758 square km for offshore exploration

The Australian federal government has given the gas and oil industry the green light to explore new offshore sites, spanning 46,758km2 of Commonwealth waters. 10 new sites off the coasts […]
Largest liquid hydrogen tank leaves India

INOXCVA, an Indian multinational, among the world’s leading manufacturers of cryogenic equipment and solutions, has waved off the largest bulk liquid hydrogen storage tank ever made in India. The tank […]
US government pledges $60m to decarbonisation

The United States’ Department of Energy (DOE) has announced $40 million (€40.1m) in funding to advance the development and deployment of clean hydrogen technologies. The move represents a significant stride […]
The importance of large-scale storage for the hydrogen economy

Catherine Gras, CEO of Storengy UK and Germany, examines the options THE ROLE OF NATURAL GAS STORAGE TODAY Underground storage is a crucial component of today’s natural gas markets. Storage […]
THE EUROPEAN TANK STORAGE SECTOR IN AN EVOLVING ENERGY LANDSCAPE

Lucia van Geuns and Irina Patrahau from The Hague Centre for Strategic Studies (HCSS) discuss uncertainty and the need for collaboration The global energy transition will undoubtedly bring challenges for […]
Raising the roof

Tank Storage Magazine takes a look back at some of the most impressive tank roofing projects over recent months Discus Project management of onsite tank work requires anticipation and adjustment […]
Preparing for underground hydrogen storage

The leading and only independent cavern operator in northwest Europe is preparing for underground hydrogen storage STORAG ETZEL was formerly a public enterprise under the name IVG. It was commissioned […]
ADVOCATING FOR RISK-BASED INSPECTIONS IN THE US

Ingrid Pederson looks at the drawbacks of time-based inspections and the improvements gained by switching to risk-based inspections Political obstinacy frequently cancels new pipeline projects while the energy demand continues […]
TURNING SLUDGE INTO PROFIT

HydroCarbon Solutions’ tank cleaning technology generates useable oil from tank sludge Born in oilfields of West Texas back in 2004, HydroCarbon Solutions (HCS) has been cleaning aboveground storage tanks one […]
THE HAZARDS OF PETROLEUM

Wayne Geyer looks at the variety of causes in tank fires and explosions, and the importance of awareness Explosions and fires in the petrochemical industry capture headline news locally, nationally, […]
OVERFILL PREVENTION

Emerson’s Richard Ireland runs through updates to the API 2350 standard for overfill prevention of atmospheric storage tanks The dominance of the US in hydrocarbon extraction, refining and transportation is […]
FASTER, BETTER, CLEANER.

How one Canadian company reduced the time required to clean a tank from three months to three weeks Canada-based Radical Robotics is an explosion-proof robotics company, specialising in tank cleaning […]
Mexican export terminals reopen
Three oil export terminals in the Gulf of Mexico have now reopened after being closed on 2 January. The state-owned company Petroleos Mexicanos, or Pemex, was forced to close its […]