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
ADNOC & Mitsui & Co in LNG Agreement
ADNOC has announced the signing of a 15-year sales and purchase agreement with Mitsui & Co on its LinkedIn. The SPA is for the delivery of up to 0.6 million
Technip Energies Awarded Jet Zero SAF FEED
Technip Energies has been awarded a Front-End Engineering Design (FEED) contract by Jet Zero for Project Ulysses, a bioethanol to sustainable aviation fuel (SAF) project located in Townsville, Australia. The
NextDecade & TotalEnergies in LNG Sale Agreement
NextDecade Corporation and TotalEnergies have joined together in a sale and purchase agreement (SPA) for LNG offtake from Train 4 at the Rio Grande LNG Facility, Texas, USA. Under the
VTTI Announce Wei-Sun Teh As Chair of Supervisory Board
VTTI have announced that Wei-Sun Teh has been appointed as the new chair of supervisory board. On a post on LinkedIn, VTTI says: ‘Wei-Sun brings a wealth of experience in
Aager Obtains ASME U2 Certification
Aager has obtained the ASME U2 certificate, authorising the company to design, fabricate, and test pressure vessels in compliance with ASME Boiler and Pressure Vessel Code Section VIII Division 2.
Bp Discovers Oil In The Gulf of America
Bp have announced an oil discovery at the Far South prospect in the deepwater US Gulf of America. Bp drilled the exploration well in Green Canyon Block 584, located in
Vopak Signs Agreements for New Debt Issuance
Royal Vopak announces the signing of Note Purchase Agreements for a debt issuance in the US Private Placement (USPP) market for a total amount of $325 million and €260 million
Mitsui Announce FID for Low-Carbon Ammonia Project
Mitsui has made a decision to invest in the Blue Point low-carbon ammonia production project in the USA. The final investment decision for the project was made together with CF
Aramco, Sinopec & Yasref Sign Venture Framework Agreement
Aramco, China Petroleum & Chemical (Sinopec), and Yanbu Aramco Sinopec Refining (Yasref) have announced the signing of a venture framework agreement (VFA) intended to pave the way for a major
Chane Completes Infrastructure Upgrade
Chane terminal Botlek has completed a major upgrade for a leading customer, enhancing the storage, handling, and logistics of base oils. In a post on LinkedIn, Chane says: ‘At the
Neste Starts Rotterdam SAF Production
Neste, the world’s leading producer of sustainable aviation fuel (SAF), has started producing SAF at its renewable products refinery in Rotterdam, the Netherlands. The refinery has been modified to enable
EEMUA Releases EEMUA 159 Edition 6
EEMUA has released Edition 6 of EEMUA 159. EEMUA 159 is considered to be the most comprehensive guidance available on above ground flat bottomed storage tanks. It is also used
Stolthaven Partners with XL Batteries
Stolthaven’s Houston (USA) terminal has been working with XL Batteries to commission the company’s first pilot project, using organic flow batteries to store energy. In a post on LinkedIn, XL
Snam to Acquire 24.99% of Open Grid Europe
Snam has agreed to acquire Abu Dhabi’s Infinity Investments’ 24.99% stake in the share capital of Vier Gas Holding (VGH) – a Luxembourg-based company, which indirectly owns the entire share
Exolum Partners With The Greater Houston Port Bureau
Exolum has announced that its team in Houston, United States, has taken another step forward in strategy by partnering with the Greater Houston Port Bureau, a non-profit trade organisation dedicated
Technip Energies Awarded Ammonia Contract
Technip Energies has been awarded a major contract by Blue Point Number One, a joint venture between CF Industries, JERA, and MITSUI & CO, for the BluePoint Number One ATR
Pelican Point Terminal Expansion Update
Three new tanks have successfully completed hydrotesting at Quantem’s Pelican Point Terminal in Australia. The tanks are now being painted, moving closer to commissioning in the coming months. Constructed using
Wärtsilä To Expand Technology Centre in Finland
Wärtsilä is set to expand its state-of-the-art technology centre Sustainable Technology Hub in Vaasa, Finland, with a €50 million total investment. Expanding the R&D testing capabilities and facilities will enhance
Wood To Support Petroleum Development Oman’s Project Portfolio
Wood has won a three-year contract to provide specialist technical support to Petroleum Development Oman (PDO) – the country’s primary oil producer. Under the contract, 65 of Wood’s engineering and
BpTT Announces Production From Cypre Gas Project
Bp Trinidad and Tobago (BpTT) has announced that its Cypre development has safely delivered its first gas, in Cyprus. Cypre is one of Bp’s 10 major projects expected to start
Mabanaft & HIF Global to Accelerate e-Methanol in Shipping
Energy companies Mabanaft and HIF Global have signed an agreement for the planned purchase of e-methanol, reaffirming their commitment to promoting carbon-reduced fuels for the shipping industry. The initial purchase
Neste & DB Schenker To Expand Neste MY Renewable in Asia-Pacific
Neste and DB Schenker have collaborated to work towards expanding DB Schenker’s adoption of Neste MY Renewable Diesel in Asia-Pacific. This partnership underscores the shared commitment of both companies to
Crowley Fortifies Puerto Rico Terminal with LNG-Fuelled Microgrid
Crowley is enhancing the resiliency of its Isla Grande logistics terminal in San Juan, Puerto Rico, with the installation of a microgrid fuelled by liquefied natural gas (LNG). The innovative
Endress+Hauser: Factory Calibration For Long-Term Accuracy
Dependable factory calibration saves time during commissioning and provides better accuracy assurance than field calibration, says Daniel Hoy, Endress+Hauser Since the dawn of human history, trade has been an essential part of the social construct, and every fair exchange depends on mutually agreed and fulfilled measures of goods. In trade industries, especially in the custody transfer of petroleum goods, weights and measures play a fundamental role for accurate transactions of money and products. Instruments quantify conditions in all controlled applications, and measurement accuracy directly impacts revenue streams, product quality, and operational safety. While the first modern legislative enforcements for weights […]
TWTG Deploys Sensor in Iraq
TWTG’s NEON Temperature Sensors have been deployed in Iraq. In a post on LinkedIn, the company says: ‘We’re excited to share that our NEON Temperature Sensors have now been deployed
Fairfield Chemical Carriers Merges into MOL Chemical Tankers
MOL Chemical Tankers has announced that Fairfield Chemical Carriers has officially merged into MOL Chemical Tankers, effective April 1, 2025. With this, all planned changes, including asset and contract transfers,
StocExpo 2025: Event Round-Up
StocExpo 2025 concludes with powerful conversations, new innovations, and a vision for the future of tank storage The 20th edition of StocExpo, the world’s leading tank storage and energy infrastructure event, came to a close after two impactful days of insight, innovation, and inspiration at the Rotterdam Ahoy. Held during a pivotal time for the global energy sector, StocExpo 2025 delivered an expanded programme featuring brand new conference streams, live technology demonstrations, and exclusive networking opportunities. From alternative fuels to digital transformation and decarbonisation, the event demonstrated the industry’s growing role in shaping the future of energy infrastructure. ‘We are […]
Shell completes Acquisition of Pavilion Energy
Shell Eastern Trading has completed the previously announced acquisition of 100% of the shares in Pavilion Energy. Pavilion Energy, headquartered in Singapore, operates a global LNG trading business with contracted
Sinochem Selects Baker Hughes’ Cordant for Asset Management
Baker Hughes has announced that it has secured an enterprise agreement with Sinochem, a multinational chemical conglomerate, to deploy its Cordant Asset Health across ten of its chemical production plants
Avenir’s Pioneering Bio-LNG Vessel
Avenir Ascension is to become the first bunker vessel world-wide to continuously run on bio-LNG for 2025. As of 1 April 2025, Avenir Ascension will use bio-LNG for its own
VARO Energy Acquires Preem
VARO Energy has reached an agreement to acquire Preem through the purchase of 100% of the share capital of the parent company, Corral Petroleum Holdings, in an all-cash transaction. Subject
Wärtsilä To Supply Dual-Fuel Engines To Ibaizabal
Wärtsilä will supply three 25DF dual-fuel engines for a new 18,600 m3 capacity LNG Bunkering vessel being built for Spanish operator Ibaizabal. The engines will feature Wärtsilä’s NextDF technology, which
Editors' picks
ADNOC & Mitsui & Co in LNG Agreement
EEMUA Releases EEMUA 159 Edition 6
Stolthaven Partners with XL Batteries
Technip Energies Awarded Ammonia Contract
StocExpo 2025: Event Round-Up
Shell completes Acquisition of Pavilion Energy
VARO Energy Acquires Preem
Polish Delegation Visits Tilburg VIDA Bioenergy Plant
Emerson: Debunking The Myth About Radar And Liquefied Gases
