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

Square Robot & Institut de Soudure Industrie Launch Technology in Europe
Square Robot and Institut de Soudure Industrie have announced a new agreement under which Institut de Soudure Industrie will offer Square Robot’s innovative robotic technology for the on-stream inspection of

Stolt-Nielsen To Invest In US Logistics
Stolt-Nielsen has announced a series of ongoing investments aimed at expanding and enhancing its operations across the US. These investments are part of the company’s commitment to improving its service

Moeve & Exolum To Invest In New Infrastructure at The Port Of Huelva
Moeve, Exolum and the Port Authority of Huelva have revealed plans at the Port of Huelva, in Spain, for new loading and unloading infrastructure that is currently under construction. This

Woodside & China Resources Sign LNG Supply Agreement
Woodside has signed a long-term sale and purchase agreement (SPA) with China Resources Gas (China Resources) for the supply of liquefied natural gas (LNG) to China. The SPA provides for

Baker Hughes & Woodside Energy to Develop Decarbonisation Solution
Baker Hughes and Woodside Energy have announced a joint initiative to develop a lower carbon power generation technology solution utilising the Net Power platform that is specifically designed for oil

StocExpo 2025: Experts Call for Practical Emission Solutions for Net Zero
As StocExpo, the world’s leading tank storage and energy infrastructure event, celebrates its 20th edition in Rotterdam this week, there has understandably been a lot of focus over how far

RWE & TotalEnergies in Green Hydrogen Supply Deal
Germany’s RWE has agreed to supply French oil major TotalEnergies with about 30,000 tonnes of green hydrogen a year from 2030, in one of the sector’s biggest deals. The agreement

Scotland’s Grangemouth Refinery Becomes Low-Carbon Industrial Hub
A recent feasibility study, known as Project Willow, has outlined an ambitious plan to transform Scotland’s Grangemouth oil refinery into a low-carbon industrial hub. The proposed transition requires an investment

Vopak Completes ISCC Bio-Bunkering Operation
Vopak Horizon Fujairah has successfully completed its first ISCC Certified bio-bunkering supply operations in the UAE, supporting the country’s Net Zero by 2050 strategy. This marks a milestone in advancing

StocExpo Kicks Off 20th Anniversary Celebrations
The 20th edition of StocExpo, the world’s leading tank storage and energy infrastructure event, has begun in Rotterdam, amid a period of geopolitical uncertainty. Opening the conference, Bruno Hayem, chairman

Revealed: Winners of the 2025 Global Tank Storage Awards
The Global Tank Storage Awards of 2025 once again illuminated the industry’s brightest stars, with a dazzling ceremony held on 10 March in Rotterdam. The event saw 200 esteemed professionals

MOL Acquires LBC Tank Terminals
LBC Tank Terminals (LBC) has announced a change in ownership. An agreement has been reached between its current owners (Ardian, APG and PGGM) and Mitsui O.S.K. Lines (MOL), marking the

Vopak To Expand Thai Terminal For Ethane Storage
Vopak has reached a positive final investment decision in expanding its global industrial terminal footprint by constructing 160,000 m3 tank infrastructure in Map Ta Phut, Rayong, Thailand, to support the

Introducing: Samp’s Shared Reality
Ahead of speaking at StocExpo, Samp’s COO Thomas Grand explains how a data – driven approach can improve terminal operations The tank storage industry faces a wide array of challenges,

Honeywell To Acquire Sundyne
Honeywell has announced that it has agreed to acquire Sundyne from private equity firm Warburg Pincus for $2.16 billion (€2 billion) in an all-cash transaction. This represents approximately 14.5x 2024

Vitol & LNGPH Sign Gas Supply Deal
LNGPH, the integrated liquefied natural gas (LNG) power facilities of South Premiere Power (SPPC) and Excellent Energy Resources (EERI), have signed an LNG sale and purchase agreement (LNG SPA) with

GTT Receives Order For Design Of Two LNG Carriers
GTT has received, in the first quarter of 2025, an order from an Asian shipyard for the tank design of two new liquefied natural gas carriers (LNGCs) on behalf of an

Emerson Releases New Fixed Point Gas Detector
Emerson has announced the release of the Rosemount 625IR Fixed Gas Detector, designed to provide reliable and fast gas detection in all plant environments using advanced optical absorption detection technology.

Protego: Under Pressure
Protego’s Thorsten Schaper explains how optimising the set pressure of tank breather valves can help reduce emissions and nitrogen consumption Breather valves have an important role to play in reducing

Sherwin-Williams Launches Heat-Flex For Corrosion-Free Insulation
Sherwin Williams has launched Heat-Flex Advanced Energy Barrier (AEB) which tackles corrosion under insulation (CUI), effectively eliminating the costly and dangerous phenomenon of steel assets corroding underneath insulation systems. The coating

Vopak & Neste Deliver Renewable Diesel in Singapore
The first supply of Neste’s renewable diesel has been delivered to the Singapore Cruise Terminal by a tanker operated by Global Energy. The fuel was sourced from Vopak’s Penjuru Terminal,

Odfjell Terminals Korea & S-OIL Seal 10-Year Storage Deal
Odfjell Terminals Korea (OTK) and S-OIL have strengthened their strategic partnership with a milestone 10-year storage contract, comprising three tanks (23,990 m3) within OTK’s E5 expansion project. The E5 project

Baker Hughes & Frontier Infrastructure To Accelerate Development of CCS
Baker Hughes and Frontier Infrastructure have announced a strategic partnership to accelerate the deployment of large-scale carbon capture and storage (CCS) and power solutions in the US. As part of

LBC Seabrook Terminal in Night Departure
LBC Tank Terminal’s Seabrook facility in Galveston, Texas, USA, has achieved a new milestone with its first night-time vessel departure following the lifting of daylight restrictions. The company made an

Chane Announces Heated Bulk Liquid Storage Infrastructure
Chane’s new heated bulk liquid storage infrastructure is live in Chane Le Havre, Normandy, France. On a post in LinkedIn, the company says: ‘We are proud to announce the launch

StocExpo Reveals Forty Under 40 for 2025
StocExpo has announced the Forty Under 40 winners for the Class of 2025. Join us in celebrating young rising talent in this industry on 11 & 12 March in Rotterdam, with a ceremony and drinks on 12 March at 12:20. Congratulations to the winners: Abdulmajeed Alanazi, Khafji Joint Operations Co (KJO) Akansha Gupta, Emerson – Sweden Alex Thompson, Pembina Pipeline Corporation Amanda de Bruine, UAB-Online Anisha Khanna, Vopak Anne Been, LBC Rotterdam B.V. Ben Adamson, EWFM Bernardo Valentim, Petrobras Transportes – TRANSPETRO Birgit Multhaupt, Rosen Dan Maleski, Redshaw Advisors David Wendel, ETS Group GmbH Dr Selin Calik, Women in Smart […]

Eni & Petronas To Combine Upstream Assets
Eni and Petronas have announced a memorandum of understanding to progress detailed discussions on establishing a joint venture holding company to oversee selected upstream assets in Indonesia and Malaysia. Both

VTTI & Pyrum Partner for Antwerp Tyre Plant
VTTI and Pyrum are to develop a state-of-the-art waste tyres recycling thermolysis plant at VTTI’s Antwerp Terminal (ATPC, Belgium). The new plant will have a processing capacity of up to

ADNOC & Osaka Gas in 15-Year LNG Deal
ADNOC has signed a Sales and Purchase Agreement (SPA) with Osaka Gas, one of Japan’s largest utility companies, for the supply of up to 0.8 million tonnes per annum (mtpa)

BP Resets Fossil Fuel Strategy
BP has fundamentally reset its strategy, with significant capital reallocation, and plans to drive improved performance, aimed at growing free cash flow, returns and long-term shareholder value. This strategy will

Rio Tinto Tests Neste MY Renewable Diesel
Neste MY Renewable Diesel has helped fuel Rio Tinto’s Pilbara iron ore operations for the first time, with the completion of a successful trial of biofuel across its network of

VTTI & Pyrum To Develop Thermolysis Plant
VTTI has entered into an agreement with Pyrum Innovations AG to develop a state-of-the-art waste tyres recycling thermolysis plant at VTTI’s Antwerp terminal (ATPC) in Belgium. This agreement marks a