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
Clariant Oil & Swire Energy Open Supply Base in Norway
Clariant Oil Services, a leading producer and supplier of specialty oilfield production chemicals and services to the oil and gas industry, has expanded its commitment to Norwegian Oil and Gas
Shell Halts Pernis Biofuel Plant
Shell has announced it will not be proceeding with the construction of a biofuels plant at its Pernis site in Rotterdam, Netherlands. Richard Zwinkels, general manager for Shell Energy and
Quantem Increases Storage Capacity In Australia
Quantem has successfully completed a significant project to add 90,000 m3 of new diesel storage capacity at its Pelican Point Terminal in Adelaide, Australia. The $52 million (€44 million) project
Egypt Signs Oil & Gas Deals With Global Firms
Egypt has signed four agreements with international firms worth more than $340 million (€290 million) to explore oil and gas in the Mediterranean and Nile Delta, the Petroleum Ministry. The
Sempra Infrastructure & EQT Announce Long-Term LNG Supply Agreement
Sempra Infrastructure has announced a 20-year definitive sales and purchase agreement (SPA) for the supply of 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) offtake from the
VTTI Celebrates Dragon LNG Anniversary
In a post on LinkedIn, VTTI celebrated one year since the company completed its acquisition of 50% equity in Dragon LNG, a strategically located onshore LNG import terminal in Milford
Port of Rotterdam, Port of Antwerp-Bruges Introduce Bunkering Change
From 1 January 2026, all bunker vessels operating in the ports of Rotterdam and Antwerp-Bruges must use a Mass Flow Meter (MFM) when delivering residual distillates (fuel oil and diesel)
DET Terminal Commences Commercial Operations
Deutsche Energy Terminal GmbH’s (DET) second LNG terminal in Wilhelmshaven will commence commercial operations on August 29, following a successful commissioning phase. This was preceded by several weeks of test
CTCI to Build Taiwan Regasification Facility
Taiwan’s leading engineering, procurement, and construction (EPC) group CTCI has been awarded another major LNG terminal-related EPC contract to help the state-owned oil company CPC Corporation build regasification facility at
ADNOC & IndianOil Sign LNG Agreement
ADNOC has signed a 15-year Sales and Purchase Agreement (SPA) with Indian Oil Corporation Ltd (IndianOil), India’s largest integrated and diversified energy company, for the supply of 1 million tonnes
VTTI & Höegh Evi Complete Permit Procedure for Zeeland Energy Terminal
VTTI and Höegh Evi have completed the first phase of the permit procedure for Zeeland Energy Terminal (ZET) with the publication of the response bundle, marking an important step for
Northern Lights JV Stores First CO₂
The first CO₂ volumes have now been transported through the 100-kilometre pipeline and injected into the Aurora reservoir 2,600 meters below the seabed of the Norwegian North Sea. Tim Heijn,
Air Products Completes Liquid Hydrogen Fill
Air Products has successfully completed the first fill of the world’s largest hydrogen sphere at the National Aeronautics and Space Administration’s (NASA) Kennedy Space Center located on Merritt Island, Florida,
Neste Achieves Platinum Medal in EcoVadis Sustainability Assessment
Neste has been awarded with Platinum EcoVadis Medal, after a sustainability assessment by EcoVadis places the company among the top 1% of the companies worldwide. EcoVadis assesses how well a
GIP to Acquire Stake in Eni CCUS Holding
Global Infrastructure Partners (GIP), a part of BlackRock and one of the world’s leading infrastructure investors, has entered into a definitive agreement to acquire a 49.99% interest in Eni CCUS
Vivergo Bioethanol Plant to Close
In another blow to the UK’s industrial infrastructure, the country’s largest bioethanol plant will begin closing down operations, after the government decided not to offer the sector a rescue package.
Aramco Signs Jafurah Midstream Deal
Aramco has signed an $11 billion (€9.4 billion) lease and leaseback deal involving its Jafurah gas processing facilities with a consortium of international investors, led by funds managed by Global
Norway Resumes North Sea Drilling
Norway has resumed oil and gas exploration in the North Sea for the first time since 2021, inviting bids for licences in the Barents Sea, Norwegian Sea, and parts of
Centrica Energy Enters Natural Gas Agreement
Centrica has confirmed that its trading arm, Centrica Energy, has entered into a natural gas sale and purchase agreement with US-based Devon Energy. Under the agreement, Devon Energy will supply
APPEC to Focus on Navigating Trade, Technology & Transition
The 41st annual Asia Pacific Petroleum Conference (APPEC) by S&P Global – Asia’s leading energy conference – will take place from September 8 to 11, 2025, at the Raffles City
Aster Partners with Aether Fuels for Sustainable Fuel Technology
Aster has signed a memorandum of understanding (MoU) to invest in and partner with Aether Fuels, a Singapore- and US-based start-up pioneering breakthrough production technology for cost-competitive sustainable liquid fuels.
Centrica Acquires Grain LNG
Centrica is to acquire the Isle of Grain liquified natural gas terminal (Grain LNG) in partnership with Energy Capital Partners from National Grid for an enterprise value of £1.5 billion
Greenergy Extends Lease in Amsterdam
Greenergy, a leading European producer of biodiesel from waste, announces a 10-year extension to its lease with the Port of Amsterdam, reinforcing its long-term commitment to biofuel production in the
APPEC 2025 Looks at Shifting Asian Oil Landscape
The global oil landscape is changing, with Asia becoming the central growth driving and evolving supply-demand patterns impacting market dynamics. The team at S&P Commodity Insights will be covering this
Greenlyte & MB Energy Agree for Synthetic Methanol
Greenlyte Carbon Technologies and MB Energy have signed a strategic landmark agreement covering the offtake of e-methanol from Greenlyte’s LiquidSolar facility in Marl, Germany, as well as advanced offtake intentions
Global Tank Storage Awards Open for Nominations
Returning to Rotterdam for its ninth edition, the Global Tank Storage Awards (organised by Tank Storage Magazine) is now open for nominations. The prestigious awards are a key event in
Chiyoda Awarded EPC by Saibu Gas Co for Hibiki LNG
Chiyoda has been awarded an engineering, procurement and construction (EPC) contract from Saibu Gas to build a new LNG tank at the Hibiki LNG base, Japan. This will enhance the
Vopak’s AVTL to Develop Second India Terminal
AVTL has announced a positive final investment decision to build a greenfield terminal for 132,000 m3 LPG and 318,000 m3 liquid products and a LPG bottling plant of 35,000MT capacity
Energy Transfer Announces Natural Gas Pipeline Project
Energy Transfer LP has reached a positive financial investment decision (FID) for the expansion of its Transwestern Pipeline to increase the supply of natural gas to markets throughout Arizona and
MOL & KazMunayGas Sign Oil Agreement
MOL has imported 85,000 tonnes of CPC blend crude oil and signed an oil trading agreement with Kazakhstan’s national oil company, KazMunayGas (KMG). The relationship between MOL and KMG dates
Uniper & UK Government To Develop Connah’s Quay Low Carbon Power Project
Uniper have entered into negotiations with the UK Government to develop its Connah’s Quay Low Carbon Power project. On a post on LinkedIn, Uniper said that the government’s support for
Everos’s CCS Project Gets Green Light
Evero, the low-carbon energy-from-waste wood company, has been selected by the UK Government to enter negotiations to transform its Evero Ince Biomass plant into the nation’s first bioenergy with carbon
