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
Vopak Confirms Plans For AVTL
Vopak is to proceed with an initial public offering (IPO) for its Indian joint venture, Aegis Vopak Terminals Ltd (AVTL). The company adds that AVTL has reached an agreement for
Aramco & Riyadh Air Sign MoU
Aramco and Riyadh Air have signed a memorandum of understanding (MoU) during the FII 8th Edition in Riyadh, Saudi Arabia. The MoU sets the stage for potential collaboration in areas such
Adler & Allan Acquire MEL Environmental Solutions
Adler & Allan has acquired pollution remediation specialist MEL Environmental Solutions, to enhance its contaminated land and groundwater remediation proposition. MEL has been at the forefront of developing and implementing
Wärtsilä Signs Agreement For LNG Carriers
Wärtsilä has signed a five-year lifecycle agreement covering seven 174 000 m3 LNG carrier vessels operated by Capital Gas Ship Management. The agreement will deliver enhanced reliability, greater efficiency, minimised
Linde to Supply Carbon Capture Technology To ADNOC
Linde has signed with Nextchem, to provide carbon capture technology to ADNOC’s Hail and Ghasha project in United Arab Emirates. The project is one of the world’s largest offshore sour
Serica Energy Announces FPSO Interruption
Serica Energy has announced that the production of the Triton floating production storage and offloading (FPSO) in the North Sea, has been interrupted, due to a problem with the single
QatarEnergy & TotalEnergies Partner For Solar Project
QatarEnergy and TotalEnergies have partnered for a solar power project that is part of the Gas Growth Integrated Project (GGIP) in Iraq. QatarEnergy will acquire a 50% interest in the
EU Funds Linde & Cemex CCS
Cemex and Linde are to receive €157 million in funding from the EU Innovation Fund for a CO2 capture project at Cemex’s Rüdersdorf Cement Plant in Germany. The project aims
ConocoPhillips Delivers Gas to SEFE
SEFE and ConocoPhillips have entered a long-term natural gas agreement, under which first gas deliveries have been completed. Over the next 10 years, ConocoPhillips will deliver up to 9 billion
Port of Amsterdam & Den Helder Look to Collaborate
Port of Amsterdam and Port of den Helder have signed a letter of intent to further investigate the value of cooperation between the two ports. The energy transition and offshore
Trafigura Acquires 50% Of Meroil Tank SL
Trafigura has acquired of 50% of the shares in Meroil Tank SL from the oil operator Meroil SA for an undisclosed sum. Meroil Tank will now operate as a 50/50
Neste Withdraws Investment In Electrolyser
Neste has withdrawn investment in a 120 MW electrolyser project, to produce renewable hydrogen at its Porvoo refinery in Finland. The decision follows the completion of the basic engineering phase,
Topsoe & Alfa Laval Partner For Hydrogen Market
Alfa Laval has signed a memorandum of understanding (MoU) with Topsoe, the company announced on LinkedIn. The companies will enter a long-term partnership to develop cost-competitive and energy-efficient components and
I Squared Acquires Philippines Coastal Terminal
I Squared is to acquire Philippines Coastal Storage & Pipeline, and its affiliate entities. Based in the Subic Bay Freeport Zone, Philippines, and serving the Luzon Economic Corridor, Philippines Coastal
Vopak Launches Ammonia Market Consultation
To gauge market interest and understand customer demand, Vopak is launching a Market Consultation for Interest (MCI) for ammonia storage at Vopak Energy Park Antwerp. The initiative will begin on
Bundesnetzagentur Approves Germany’s Hydrogen Core Network
The Bundesnetzagentur (Germany’s regulatory office for electricity, gas, telecommunications, post and railway markets) has approved the hydrogen core network, proposed by gas transmission system operators. The hydrogen core network is
Neste & Braskem Collaborate on Polymer and Chemical Feedstocks
Neste and Braskem, the largest producer of thermoplastic resins in the Americas, have reached an agreement for the supply of renewable and recycled feedstocks for polymers and chemicals production. Braskem
Chane To Development CCS Hub
Chane is working with government and business partners to create a new hub for CO2 transshipment with the purpose of carbon capture and storage (CCS) in Duisburg, Germany. This hub
Advario, VFlowTech & JTC Sign For Clean Energy Storage
Advario, VFlowTech, and JTC have signed a memorandum of understanding (MoU) to collaborate on scaling up vanadium redox flow battery (VRFB) capacity for clean energy storage on Jurong Island, Singapore.
Vopak & WinGD Collaborate For Ammonia Storage
Vopak is collaborating with WinGD to evaluate ammonia as a clean fuel, the company announced on LinkedIn. Vopak says: ‘We’re thrilled to announce a new collaboration between Vopak in Singapore
China Gas & Vitol Enter Long-Term Swap Arrangement
China Gas and Vitol have entered into a long-term swap arrangement. Vitol will purchase 0.5 million tonnes of LNG from China Gas’ contracted US volume on free on board (FOB)
Baker Hughes to Provide Low-Emission Compressor Technology to TotalEnergies
Baker Hughes has been awarded a contract to supply advanced compression solutions to Saipem for TotalEnergies’ Kaminho floating production storage and offloading (FPSO) project in Angola. Baker Hughes’ centrifugal BCL
LNGCON 2025 To Drive Regulatory Talks
The 11th International LNG Congress brings up regulatory challenges and perspectives, gathering key players of the LNG market at the panel discussion. Industry leaders are going to discuss how businesses
TotalEnergies Sells Fuel Distribution Activities to SIM Distribuidora
TotalEnergies has signed an agreement to sell its fuel distribution activities in Brazil to SIM Distribuidora, a Brazilian company. The transaction involves a network of about 240 filling stations and
Technip Energies Awarded EcoVadis Platinum
Technip Energies’ approach to sustainability has been rated Platinum by the agency EcoVadis, putting it in the top 1 percent of companies assessed over the past year. This year, Technip
I Squared Acquires Tepsa Share
I Squared, a leading independent global infrastructure investment manager, has acquired the remaining 55% stake in Tepsa – a key player in the storage of bulk liquid and gas in
ADNOC Increases Fertiglobe Shares for Low-Carbon Ammonia Growth
ADNOC has acquired OCI Global’s 50% + 1 shareholding in Fertiglobe, increasing its share in the company to 86.2%, with 13.8% remaining in free float on the Abu Dhabi Securities
Gasum Opens Biogas Station
Gasum has opened a biogas filling station in Bærum, west of Oslo, expanding its biogas infrastructure in Norway. The biogas filling station, built in cooperation with landowner Eiendomsspar, offers compressed
Event Review: Tank Talk: Accelerating The Energy Transition
Hayley Armstrong, partner at AJW, and Ravi Bhatiani, executive director of FETSA discuss how policy changes are impacting the global energy landscape With scope 3 emissions reductions, ESG strategies and
Crosby Acquires Sweetener Business
Crosby Foods has announced the acquisition of the sweetener portfolio from Caesars Tea Inc. The acquisition adds five new SKUs to Crosby’s nutritive sweetener range, aligning with the company’s recent
Colonial Oil Industries Marine Division Achieves ISCC Plus & EU Certifications
Colonial Oil Industries is proud to announce that its Marine division has received ISCC certification from SCS Global Services. This certification recognises Colonial’s commitment to sustainability and its ability to
Neste To Power Verne Generators
Neste has announced it is to power Verne data centres’ back-up generators in Helsinki, Pori and Tampere in Finland. Neste’s renewable diesel helps Verne to transition its operations from fossil