ALL NEWS
Updated daily, the Tank Storage team brings you the latest in storage terminal and technical news, as well as digitalisation strategies, news about the energy transition and incidents around the world
Stolthaven Terminals Retains Ecovadis Gold Rating
Stolthaven Terminals has improved its overall sustainability performance and retained the EcoVadis Gold Medal for another year. This achievement places Stolthaven Terminals in the top 2% of companies assessed by
Hanwha Ocean Advances Newfoundland LNG Project
Hanwha Ocean has signed a strategic memorandum of understanding (MOU) with Fermeuse Energy to jointly advance the Newfoundland and Labrador LNG development project in Canada. This collaboration underscores Hanwha’s long-term
HYDS To Build Hydrogen Electrolyser in the Port of Gothenburg
The Norwegian hydrogen company Hydrogen Solutions AS (HYDS) plans to build a hydrogen electrolyser and thereby establish production of green hydrogen at the Port of Gothenburg. The investment strengthens the
Covestro Electrolysis Plant in Tarragona Gains ISCC Plus Certification
Covestro has announced on LinkedIn that its electrolysis (ELO) plant in Tarragona is now ISCC PLUS certified. The company says: ‘This milestone enables us to deliver more sustainable attributed caustic
iO3’s V.Secure Achieves IACS UR E27 Type Approval from RINA
iO3’s maritime cybersecurity system, V.Secure, has been granted IACS UR E27 Type Approval by RINA. This certification confirms that V.Secure meets the IACS technical cybersecurity requirements for Computer-Based Systems (CBS)
Perpetual Next USA to Develop Three Biomethanol Facilities
Perpetual Next USA will develop an additional three biomass-to-biomethanol production facilities in the Southeast of the USA. Each of the facilities is designed to process approximately one million tons of
Tepsa Wins Grand Port Maritime de Dunkerque’s Expression of Interest
Tepsa, an independent European leader specialised in bulk liquid storage, will build and operate a new storage terminal with a capacity of 145,000 m³ dedicated to bulk liquids for the
Trafigura Signs Offtake Agreement for SAF from Biogas
Trafigura has signed a binding six-year offtake agreement with SP Developments Uruguay (a subsidiary of Syzygy Plasmonics) to purchase advanced sustainable aviation fuel (SAF) from Syzygy’s first commercial facility, located
John Crane Marks 50 Years Of Dry Gas Seals
John Crane, a global leader in flow-control technologies and an innovator in solutions for rotating equipment, and a business of Smiths Group plc, is marking 50 years since a breakthrough that revolutionised gas compression sealing. In 1976, the introduction of the Type 28 dry gas seal transformed compressor reliability and set a new global benchmark for sealing performance, safety and efficiency. While pioneering work on non-contacting spiral-groove technology began in 1968, and the first commercially installation was achieved in 1975, it was the introduction of the Type 28 dry gas seal in 1976 that created a true turning point for […]
Zeeco Aquires Devco Process Heaters
Zeeco has acquired Devco Process Heaters, a Tulsa-based fired-heater design and technology company. The move strengthens Zeeco’s position in the United States midstream oil and gas market. Through its newly expanded capabilities, Zeeco will be a comprehensive single-source provider not only of combustion equipment but also of installation, field service, construction, and aftermarket solutions. Combined with Zeeco’s industry-leading, company-owned manufacturing facilities, this acquisition ensures fast, reliable, and cost-effective delivery of complete combustion equipment solutions. The acquisition included Devco Heaters’ brand, existing products, and expertise. All former Devco Heaters employees, including owner Jeff Hutsell, have been integrated into new and expanded […]
ADNOC Gas Signs €2.6 Billion Deal with HPCL
ADNOC Gas has converted its previous heads of agreement with Indian state-owned oil and gas company, Hindustan Petroleum (HPCL), into a sales and purchase agreement (SPA) valued at up to
L&T Wins Order for Hydrocarbon Onshore Business
L&T’s Hydrocarbon Onshore business vertical (L&T Onshore) has won a large order from Petronet LNG, a joint venture promoted by four leading PSUs, viz., Oil & Natural Gas Corporation (ONGC),
Inter Terminals Sweden Invest In Truck Loading Capacity
Inter Terminals Sweden (ITS) will invest in increased truck loading capacity for one of our most long-standing customers in Gothenburg, Shell. The equipment is being developed to enable truck loading
EemsGas Awarded €30 Million Subsidy for Green Gas Production
EemsGas, one of the largest green gas production facilities in the Netherlands, has received €30 million in DEI+ investment subsidies from the Dutch government. The subsidy will be used for
VARO Energy Completes Acquisition of Preem
Following regulatory approvals, the new combined entity of VAROPreem will become a new leading force in energy built on scale, capability and track record. VAROPreem brings a significant integrated energy
CB&I Awarded EPC Contract for Two LPG Storage Spheres
Horton CBI, a wholly-owned subsidiary of CB&I, has been awarded a sizable contract for the engineering, procurement, fabrication, and construction (EPFC) of two liquefied petroleum gas (LPG) Hortonspheres by a
SensoTech Partners with TGI Tank Gauging Italia
SensoTech has partnered with TGI Tank Gauging Italia to deliver incoming goods inspection to the Italian market. With more than 30 years of experience, TGI Tank Gauging Italia specialises in
TotalEnergies & Bapco Energies Launch BxT Trading
TotalEnergies and Bapco Energies are launching BxT Trading, an equally owned trading joint venture backed by flows from Bapco Energies’ Refinery. The signing ceremony was witnessed yesterday by Shaikh Nasser
StocExpo 2026: Fuelling Global Collaboration
Discover how StocExpo 2026 is defining the next era of tank storage The global energy system is changing faster than at any point in recent decades, and Europe’s tank storage sector is feeling that pressure firsthand. Traditional fossil fuel logistics are being reshaped by demand for cleaner molecules, a growing mix of alternative fuels, tightening environmental rules and increasing scrutiny from policymakers and investors. At the same time, geopolitical tensions and shifting supply routes are forcing operators to rethink how they store products, plan investments and work with partners across the chain. What has become clear is that no terminal, […]
Uniper and AM Green Group Sign for Renewable Ammonia
Uniper and AM Green Group have signed a landmark agreement for up to 500,000 tons of renewable ammonia per year from India, witnessed by German Chancellor Friedrich Merz and Indian
Proton Ventures Partners With Barents Blue for Clean Ammonia
Proton Ventures has joined the Barents Clean Ammonia Project, helping to deliver Europe’s largest clean ammonia production plant, located in Finnmark, Norway. A new project development company, Barents Clean Ammonia
AUMA Presents New TIGRON SIL Actuators
AUMA is proud to present the SIL version of TIGRON, the new high-performance, explosion-proof electric actuator series for the highest safety requirements. TIGRON SIL actuators combine maximum safety for safety-related
Eni Spins Off Refineries & Depots
Eni has announced that the business branch of its Refining Evolution and Transformation unit has been transferred to the new company Eni Industrial Evolution S.p.A., which will aim to ensure
Scully Signal Upgrades Mobile Truck Tester for Hazardous Area Compliance
Scully Signal Company has obtained approval for the Mobile Truck Tester (MTT) to be used in Hazardous Environments—a feature required when used in loading lanes of petroleum terminals, and in
BWC Terminals Updates Harvey Terminal
BWC Terminals has upgraded the truck rack cover at its Harvey facility in Louisiana, USA. The new structure is a more efficient hurricane-rated building, spanning the full length of the
Ivens Awarded Evos Malta Project
Ivens has been selected to deliver Evos Malta’s latest project. The Mediterranean terminal has a total capacity of 568,000 m3 and has been in operation since 1992. According to Ivens,
Moeve & Galp Negotiating to Combine Downstream Activities
Moeve and Galp have reached a non-binding agreement to advance detailed discussions on the potential combination of their downstream portfolios with the aim of creating two leading energy companies in
Corteva & Bp Launch Biofuel Feedstock Joint Venture
Corteva and bp has announced the launch of Etlas, their new 50:50 joint venture that will produce oil from crops – including canola, mustard and sunflower – for use in
Technip Energies Awarded 2 India Contracts
Technip Energies has been awarded two large contracts by Bharat Petroleum Corporation Limited (BPCL) for key projects at its Bina refinery in Madhya Pradesh and Mumbai refinery in Maharashtra, India.
Continental Resources Signs Sale & Purchase Agreement With Pan American Energy
Continental Resources has signed an Assets Sale and Purchase Agreement with Pan American Energy (PAE) to acquire certain non-operating interests in four blocks located within the Vaca Muerta shale play
CB&I Announces Acquisition of Petrofac’s Asset Solutions Business
CB&I has entered into a sale agreement to acquire Petrofac’s Asset Solutions business, a leading provider of operations, maintenance and decommissioning services for onshore and offshore energy assets. The acquisition
HES Wilhelmshaven To Connect To Hydrogen Network
Gas network operator Open Grid Europe GmbH (OGE) and HES Wilhelmshaven Tank Terminal GmbH have signed an agreement for an option to connect to the hydrogen network of the Wilhelmshaven
