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
Vitol Acquires BioMethane Partners
Vitol has announced the acquisition of US-based renewable energy company, BioMethane Partners, to form Vitol BioMethane (VBM). VBM is a Texas-based landfill-gas-to-energy company, whose leadership has more than 100 years
MOL Inaugurates Hungary’s Largest Green Hydrogen Plant
MOL Group has handed over a 10 MW capacity green hydrogen plant in Százhalombatta, Hungary, which is the largest in Central and Eastern Europe. The €22 million investment makes fuel
Cleanova Secures Filtration Contract for European Carbon Capture Plant
Cleanova has secured the contract to supply the filtration system for the first full-scale carbon capture facility to be added to a Waste-to-Energy (WtE) facility. The WtE plant, located in
Rubis Terminal Rotterdam Begins Expansion Phase 4
Rubis Terminal Rotterdam (the Netherlands) has begun the expansion of Phase 4 of its project. As per tradition, a coin was tossed in to the first piling, to bring good
GES & Provaris to Develop Rotterdam Hydrogen Import Facility
Global Energy Storage (GES) and Provaris Energy have entered a collaboration agreement to develop a gaseous hydrogen import facility at the GES terminal in Rotterdam, the Netherlands. GES is developing
Kent Wins 3-Year Framework Contract with Repsol Norge
Kent, a global integrated energy services provider has been awarded a comprehensive 3-year framework contract with Repsol Norge for various operations in the Norwegian sector of the North Sea. This
ACME Group and Hydrogenious LOHC Technologies to jointly explore hydrogen value chains from Oman to Europe
ACME Group and Hydrogenious LOHC Technologies have signed a memorandum of understanding (MoU) to collaborate on a feasibility study to explore the joint development of large-scale hydrogen supply chains from
Nine Injured in Pemex Akal-B Oil Production Platform Fire Offshore Mexico
Mexico’s state-controlled oil company said a fire at one of its Akal-B oil platforms in the Campeche Bank left nine people injured Saturday afternoon. Petroleos Mexicanos, (Pemex), said two of
Yara Clean Ammonia & Azane Granted Safety Permit To Build Low Emission Ammonia Bunkering Terminal
The Norwegian Directorate for Civil Protection has given approval to construct Yara and Azane’s planned ammonia bunkering facility at Fjord Base in Florø, Norway. The permit marks a significant milestone
Neste & Lotte Chemical Team Up On Renewable Chemicals and Plastics
Neste and South Korean chemical company Lotte Chemical are teaming up to make chemicals and plastics more sustainable. The companies embark on a strategic collaboration to replace fossil resources with
Lochard Energy to Receive ARENA Hydrogen Funding
Lochard Energy is set to receive $2 m from the Australian Renewable Energy Agency (ARENA) for an 18-month feasibility study to assess the technical and commercial viability of storing hydrogen
TotalEnergies Launches Belgium Battery Storage
On 3 April, Belgian Energy Minister Tinne Van der Straeten visited TotalEnergies’ Antwerp refinery battery storage project. TotalEnergies announced the development of a second similar project in Belgium on the
Yara Clean Ammonia Appoints New CEO
Hans Olav Raen has been appointed CEO of Yara Clean Ammonia, effective 1 May 2024. Raen has been business director, heading OCI’s fertilizers business in Europe. He has more than
INEOS Acquires TotalEnergies’ Petrochemical Assets in Southern France
INEOS has completed the acquisition of TotalEnergies’ 50% share of Naphtachimie (720 ktpa steam cracker), Appryl (300 ktpa polypropylene business), Gexaro (270 ktpa aromatics business) and 3TC (naphtha storage) announced
EIG’s MidOcean Energy Acquires Tokyo Gas’ Australian LNG Portfolio
MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, has announced the completion of its
Setpoint Partners with Protego
Setpoint Integrated Solutions has announced a strategic alliance with Protego, a global leader in tank equipment and safety solutions for industrial process applications. As of April 1, 2024, Setpoint Integrated
Vitol Completes First Delivery of B30 Biofuel Blend in Singapore
Vitol Bunkers has completed the first delivery of B30 biofuel blend in Singapore, the first time that biofuel above concentration B25 has been delivered. A total of 1,100 MT of
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After the success of StocExpo and huge interest in our Tank Storage Membership options, Tank Storage Magazine is offering a one-month trial to all free and premium members, to see
Fives Selected for Renewable Energy Storage Project
Fives has been selected by the Chinese company Zhonglv Zhongke Energy Storage Technology Co for the supply of cryogenic equipment as part of the largest renewable energy storage project on
TotalEnergies Acquires Talos Low Carbon Solutions
TotalEnergies has signed an agreement to acquire 100% of Talos Low Carbon Solutions (TLCS), an early-mover American company focused on carbon capture and storage. After completion of the transaction, TotalEnergies
Ørsted to Receive US Department of Energy Decarbonisation Funding
Ørsted, a leading US clean energy developer, has been selected by the Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for up to $100 million
Texas LNG Agrees LNG Offtake with Gunvor Group
Texas LNG Brownsville, a subsidiary of Glenfarne Energy Transition, has signed a Heads of Agreement with Gunvor Group through its subsidiary Gunvor Singapore for a 20-year LNG FOB sale and
VTTI & IKAV to Purchase Majority Ownership of Adriatic LNG
VTTI, a global leader in energy storage and developer of energy infrastructure, and IKAV, an international asset management group headquartered in Germany, have entered a consortium to acquire majority ownership
Tecam Showcases Emissions Treatment at StocExpo 2024
Tecam, a leading environmental technology company, proudly announces its successful participation at StocExpo 2024, the meeting point for tank terminals in Europe. Held on 12-13 March in Rotterdam, The Netherlands,
Odfjell Publishes 2023 Results
Odfjell has reported its results for 2023. Looking at both the shipping and storage terminals elements of the business, Odfjell has reported strong achievements in key operational areas throughout the
Woodside Sells 10% Interest in Scarborough JV
Woodside has completed the sale of a 10% non-operating participating interest in its Scarborough Joint Venture to LJ Scarborough Pty Ltd (LNG Japan). The completion follows Woodside’s announcement on 8
Doosan Fuel Cell Passes DNV Test
Doosan Fuel Cell’s solid oxide fuel cell (SOFC) stack has passed a DNV environmental test for marine use. Developed by a consortium of Korea Shipbuilding & Offshore Engineering (KSOE), Shell,
Odfjell Terminals US Completes Bay 13 Project
Odfjell Terminals US (OTUS) has announced the successful completion of the construction and commissioning of its Bay 13 project at its Houston Terminal, Texas. The expansion features nine new tanks,
JERA and ExxonMobil Partner for Hydrogen
JERA has reached a project framework agreement with ExxonMobil to jointly explore the development of a low carbon hydrogen and ammonia production project in the United States. ExxonMobil is currently
Inter Terminals Sweden Partners with SAS for SAF
Inter Terminals Sweden, in collaboration with SAS, is expanding its aviation fuel facility in the Port of Gävle by converting tanks from conventional fossil heating oil storage to a blending
VTTI to explore bio-energy in the Netherlands
VTTI is exploring the possibility of developing a large-scale bio-energy installation at Zevenellen business park in Leudal, Limburg, The Netherlands. VTTI Bio-Energy Limburg’s primary objective is to pave the way
Exolum wins contract for terminal at Port of Gijon
Exolum has won the tender to manage a 67,000 m3 capacity bulk liquid product storage terminal located on La Osa pier at the port of Gijon, Spain, after winning the
Editors' picks
ILTA Announces Safety Awards 2024
24th Annual Qatarization Review Underway
Let’s Shape the Future of Tank Storage Awards
Summer Edition Out Now
Event Review: StocExpo 2024
GES & Provaris to Develop Rotterdam Hydrogen Import Facility
Trial Paid Membership Now
Odfjell Publishes 2023 Results
StocExpo Closes its Doors for 2024
