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
Tetra Technologies UK fined £350,000 after chemical tank collapse
A company has been fined £350,000 (€401,535) after the collapse of a storage tank at its Peterhead, UK, premises which left a self-employed worker with life-changing injuries. The Health and
Uzbekistan and ROSEN sign for oil and gas infrastructure safety
Uzbekistan’s Industrial, Radiation and Nuclear Safety Committee (IRNS Committee) and ROSEN Group, a global leader in asset integrity, have signed a memorandum of understanding (MoU) establishing a framework for technical
Chane partners with UK Peel Ports
The UK’s second largest port operator, Peel Ports Group, has joined forces with liquid bulk storage operator, Chane, whose main UK terminal is located at the port group’s Port of
Japan’s Eneos buys Chevron’s Asian oil assets
Japanese refiner Eneos Holdings has agreed to buy CHevron’s 50% stake in Singapore Refining Company (SRC), among other assets in Southeast Asia and Australia for nearly $2.2 billion (€1.8 billion).
Europe risks fuel shortages in wartime, new HCSS report warns
Europe’s defence readiness is constrained by a fuel system designed for efficiency in peacetime, not resilience in crisis. A new HCSS report by Irina Patrahau, Ron Stoop and Lucia van
LanzaTech brings SAF facility to North Sea Port
LanzaTech, as part of the FLITE (Fuel via Low carbon Integrated Technology from Ethanol) consortium, has selected North Sea Port, Ghent (Belgium), as the site for Europe’s first commercial-scale alcohol-to-jet
Ned Marine launches drone and subsea ROV inspection services for non-destructive testing
Dutch Non-Destructive Testing (NDT) specialists Ned Marine has introduced NDT drone services alongside its subsea ROVs. Operating both services enables faster, safer and more efficient inspections of vessels, offshore installations
Port of Arendal: Returning to the People
How a former NATO facility storing liquid bulk in the mountains has transformed into a modern, strategic storage terminal The Port of Arendal has a long maritime tradition as one
Global economy lost 1 billion barrels of oil, says aramco CEO
The world has lost around 1 billion barrels of oil over the past two months, and energy markets will take time to stabilise even if flows resume, the CEO of
Guidant acquires Athenium International
Guidant has acquired Athenium International, a respected provider of measurement and terminal management solutions with a strong track record of quality, precision, and customer focus across a broad range of
TA’ZIZ secures $2 billion for methanol plant
The TA’ZIZ Methanol Company, a joint venture between TA’ZIZ and Proman, has achieved financial close on $2 billion (€1.7 billion) financing for the UAE’s first world scale methanol plant in
EnergyPathways secures UK gas storage license
EnergyPathways’ wholly owned subsidiary, EnergyPathways Irish Sea Limited, has been granted a Gas Storage Licence (GSL) by the North Sea Transition Authority (NSTA) in connection with its hydrogen-ready MESH project.
INA and MOL hold talks with Syrian Petroleum Company
Representatives of INA and MOL Group have concluded a series of productive and constructive meetings with a high-level delegation from the Syrian Petroleum Company (SPC). The three-day visit focused on
TNPA opens calls for liquid bulk operator in Cape Town
Transnet National Ports Authority (TNPA) invites interested parties to submit bids in response to the Request for Proposals (RFP) for the appointment of a terminal operator to finance, operate, maintain,
Perpetual Next chooses JPB Logistics as biomethanol storage partner
Perpetual Next has selected JPB Logistics as its preferred partner for biomethanol storage and handling services at Perpetual’s Delfzijl biomethanol facility in Farmsum, the Netherlands. As part of the intended
Porto Sudeste expands liquid bulk operations in Itaguaí
Porto Sudeste, in Sepetiba Bay, Brazil, is building new ‘dolphins’ to expand its liquid bulk operations, following increased oil flows in the country. ‘Oil production continues to grow and this
Vopak to acquire majority stake in GES
Royal Vopak has reached an agreement in principle with Green Energy Storage (GES) for the acquisition of a majority stake in GES. The transaction marks a strategic step to accelerate
AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach
AD Ports Group has signed a memorandum of understanding (MoU) with CMA Terminals Khalifa Port container terminal and CMA CGM Group, a global player in sea, land, air and logistics
INDUSTRY WATCH: From Water to Rail
As storage terminals, and the rest of the world, grapple with the fallout from the blockade on the Strait of Hormuz, The Tank Tiger keeps us focused on the bright side Geopolitical volatility in the Middle East – specifically surrounding the Strait of Hormuz – has sent shockwaves through the commodities and security markets. While the midstream sector is feeling the heat, the impact on storage economics involves a few counterintuitive nuances. Under normal market conditions, a price spike makes storing oil unattractive. Think of it like a Costco run: you only stock up on paper towels when they are […]
Square Robot appoints Mark Stone to lead data strategy and advance inspection intelligence
Square Robot announced that Mark Stone, author of EEMUA 247, has joined the company as the vice president of Data and Analytics. Stone’s appointment reflects Square Robot’s continued investment in
Right‑Sized Automation: Why Smaller Terminals Need a Different Approach to Batch Control
Across the storage and terminal sector, much of the discussion around automation focuses on large, complex facilities. Yet globally, the majority of terminals look quite different. Bulk plants, transload facilities,
Deutsche Energy Terminal expands management team
DET Deutsche Energy Terminal GmbH is expanding its management team: Dr. Martin Meurers will assume the role of chief operating officer (COO) with primary responsibility for capacity marketing and ensuring
Colonial Oil Industries acquires Atkinson Oil
Colonial Oil Industries has announced the acquisition of Atkinson Oil Company, a Sandersville-based commercial distributor of fuel and lubricants known for its experienced team and strong safety and service record.
Exolum advances UK CO2 storage
Severnside Carbon and Exolum, Europe’s leading energy logistics company, have signed a new agreement under which Exolum will create a new subsidiary, ‘Exolum 7CO₂’, to invest and lead the next
India proposes higher ethanol blending
India issued a notification late on Tuesday proposing amendments to the Central Motor Vehicles Rules to formally incorporate higher ethanol-blended fuels. The aim is to reduce the country’s reliance on
United Arab Emirates leaves Opec
The United Arab Emirates (UAE) has announced it is leaving the Opec and Opec+ groups, after the World Bank warned the war in the Middle East has caused the biggest
Shell to acquire ARC Resources
Shell has entered into a definitive agreement to acquire ARC Resources, an energy company focused on the Montney shale basin in British Columbia and Alberta, Canada. The acquisition accelerates Shell’s
ExxonMobil Fawley completes Southampton pipeline
ExxonMobil Fawley has completed its Southampton to London Pipeline (SLP) installation project in a major milestone for UK aviation. The project included upgrading on‑site facilities to increase jet fuel capacity
Iran brings legacy tanker into use as Kharg storage fills
As the US-Iran conflict continues, with a blockade on the Strait of Hormuz, indications suggest Iran’s Kharg Island is running out of oil storage space. To mitigate this, Iran has
BOTAŞ to boost Turkey oil storage with new tank farm
Turkey’s BOTAŞ is building a new tank farm at Ceyhan port to expand crude oil storage capacity from 1 million to 45 million barrels. Speaking at the Regulation and Competition
Gerotto accelerates AI-Robotics integration at IFAT
Gerotto is showcasing its acceleration in robotic innovation at the 2026 edition of IFAT, taking place from May 4 to 7 in Munich, Germany. The trade fair is an international
Chane appoints Grischa Sauerberg as COO
Grischa Sauerberg joined Chane as chief commercial officer (CCO) on 1 April. Sauerberg brings more than two decades of international experience across the energy and industrial sectors, including senior leadership
