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
MT Group Awarded LNG Terminal Infrastructure Contract
MT Group has been awarded a major contract for the execution of all topside and onshore-based infrastructure at the new jetty in Brunsbüttel FSRU LNG Terminal in Germany. The agreement
Transducers Direct Launces Water Column Monitoring Transducer
Transducers Direct, a global manufacturer of pressure transmitters, temperature sensors, and industrial components, has developed an advanced ultra-low pressure wireless remote transducer. This state-of-the-art device, the Transducers Direct CirrusSense TDWLB-WCLC,
EET Wins Government Backing For SAF Production
Essar Energy Transition (EET), which plans to create the world’s leading low carbon process refinery, has been awarded £2.5 million ($2.8 million) from the UK Government’s Department for Transport (DfT),
TotalEnergies & Emerson Collaborate on Data Collection
TotalEnergies and Emerson’s Aspen Technology business have announced a strategic collaboration to deploy advanced digital technologies for the continuous, real-time collection of data from TotalEnergies’ industrial sites. The objective is
Centrica Acquires 15% Stake in Sizewell C Nuclear Power Station
Centrica is to acquire a 15% equity stake in Sizewell C, with committed construction funding of £1.3 billion (€1.5 billion). Centrica will jointly own Sizewell C alongside HM Government (44.9%), La
Carbis Loadtec Appoints Alex Brady as Associate Director
Carbis Loadtec has appointed Alex Brady as associate director for sales and marketing. With over two decades of experience in the safety and process engineering sector, Alex brings deep expertise in bulk fuel and chemical transfer, core markets for Carbis Loadtec. He has a long-standing connection with the company, having worked closely with the company since 2003 during his time at Newson Gale, where he progressed to European sales manager. More recently, Alex played a pivotal role in the growth of Expo Technologies, another respected UK manufacturer of industrial safety equipment. Alex’s strategic insight and proven track record will further […]
Albert Manifold Appointed As BP Chair
Bp has announced that it has appointed Albert Manifold to succeed Helge Lund as chair of the company. He will join the company’s board on 1 September as non-executive director
Shell & Technip Energies Sign Carbon Capture Agreement
Shell Catalysts & Technologies and Technip Energies have signed a global alliance agreement to work exclusively together to deliver a post-combustion amine-based carbon capture solution using Shell’s CANSOLV1 CO₂ Capture System.
Chevron Completes Acquisition of Hess
Chevron has announced that it has completed its acquisition of Hess following the satisfaction of all necessary closing conditions, including a favourable arbitration outcome regarding Hess’ offshore Guyana asset. The
INEOS Invests To Reduce Emissions at UK Site
INEOS has completed a £30 million (€34 million) investment at its Hull manufacturing site in the UK, converting the facility to run on clean-burning hydrogen instead of natural gas. This
BP to Sell US Onshore Wind Business to LS Power
BP has agreed to sell its US onshore wind business, BP Wind Energy North America Inc. (bp Wind Energy), to LS Power, a leading development, investment and operating company focused
GAIL & Vitol Sign LNG Agreement
GAIL (India) and Vitol Asia have signed a long-term LNG sales and purchase agreement (SPA) for the annual supply of approximately 1 million tonnes per annum (MTPA) of liquefied natural
EnQuest Acquires Harbour Energy Vietnam Assets
North Sea operator EnQuest has acquired Harbour Energy’s offshore oil and gas operations in Vietnam. The deal covers Harbour’s 53.125% equity interest and operation of the Chim Sáo and Dua
ADNOC Bids for LNG Producer Santos
Rystad Energy has reported that a consortium led by Abu Dhabi National Oil Company (ADNOC Group) has launched a non-binding US$18.7 billion (€16 billion) bid to acquire Australian LNG producer
Neste & DHL Express Collaborate For SAF Supply
Neste and DHL Express have collaborated for the supply of 7,400 tonnes of neat, Neste MY sustainable aviation fuel (SAF) to DHL Express at Singapore Changi Airport starting July 2025.
Europe’s Industrial Decline Fears Grow as Policy Gaps Spur 65% Dissent
Despite Europe’s deep political commitments to net zero, 65% of industry executives surveyed by the Energy Industries Council (EIC) say poor policy and governance are putting the region’s competitiveness at risk. Just 59% of continental energy companies reported revenue growth in 2024, the lowest rate among all global regions surveyed in the EIC’s ninth annual Survive & Thrive report. ‘Europe has the net zero vision but not the execution,’ says Stuart Broadley, CEO of the EIC, the world’s leading trade association for companies providing products and services to the energy industry. ‘Without cheaper energy and faster approvals, it will keep […]
IHI & Vopak to Establish Japan Ammonia Terminal
IHI Corporation and Vopak have signed a joint development agreement to establish a new joint venture. Taking into account the ongoing progress of domestic infrastructure development within the country, IHI
Evos Appoints Daan Vos As CEO
Evos has announced it has appointed Daan Vos as its chief executive officer as of 16 August 2025. Daan is an experienced business leader who was previously CEO of bulk terminal
Greenergy Proposes To End Production At Immingham Plant
Greenergy has confirmed it will begin consultation on a proposal to cease production at its biodiesel plant in Immingham, Lincolnshire, UK. Despite significant cost reductions to improve the plant’s viability,
Woodside & Hyundai To Explore LNG Opportunities
Woodside Energy (Woodside) has signed a non-binding memorandum of understanding (MOU) with Hyundai Engineering and Hyundai Glovis, establishing a strategic framework to collaborate on LNG project development, engineering services and
UPEI & FETSA Welcome European Parliament’s Proposals to Boost Energy Security and Resilience in the EU
UPEI – the voice of Europe’s independent energy and mobility suppliers – and FETSA – the Federation of European Tank Storage Associations – warmly welcome the European Parliament’s adoption of its resolution on Energy Security of Supply. Recent crises have exposed critical vulnerabilities in Europe’s energy systems and underscored the urgent need to build lasting resilience across all energy carriers. UPEI and FETSA are therefore encouraged by the Parliament’s comprehensive and forward-looking approach to strengthening Europe’s energy security framework. Notably, the resolution: Calls for a review of the Oil Stocks Directive to better reflect evolving risk profiles and energy needs; […]
BP Sells Netherlands Mobility & Convenience and BP Pulse Businesses to Catom
bp has reached an agreement to sell its mobility & convenience and bp pulse businesses in the Netherlands to Catom. The sale is part of bp’s previously announced $20 billion
GES Sells Rotterdam Terminal to Tepsa
Global Energy Storage Group (GES) has announced the completion of the sale of its terminal located in the Port of Rotterdam, Netherlands. The facility, which includes 212,000 m³ of tank
ACTAD Partners with Chem Innovation Industries
Arabian Chemical Terminals Abu Dhabi (ACTAD) has established a new partnership with Chem Innovations Industries. The company announced the move on LinkedIn, saying: ‘We are proud to announce a partnership
YAB Premier of Sarawak to Deliver Keynote Address at World Hydrogen Asia 2025
The Premier of Sarawak (Malaysia, YAB Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari bin Tun Datuk Abang Haji Openg, has been invited as a keynote speaker and panelist at the upcoming World Hydrogen Asia 2025, to be held in Tokyo, Japan from 8–10 July 2025. The Premier will headline the prestigious event, which brings together global hydrogen leaders to accelerate the transition towards a clean hydrogen economy across Asia. At the event, YAB Premier will deliver a keynote titled Sarawak’s Hydrogen Vision: Catalysing Green Growth for ASEAN and Beyond, highlighting Sarawak’s bold strides in pioneering the hydrogen […]
HysetCo Opens Hydrogen Station at Paris-Orly Airport
HysetCo is strengthening its network of hydrogen stations in the Île-de-France region, France. The company has increased the distribution capacity of its Paris-Orly airport station to 1 tonne per day.
Bp & NOC To Explore Libyan Oilfields
Bp has signed a memorandum of understanding (MoU) with Libya’s National Oil Corporation (NOC) to evaluate redevelopment opportunities in the mature giant Sarir and Messla oilfields in Libya’s Sirte basin,
National Wealth Fund Invests In Peak Cluster
The National Wealth Fund has announced a £28.6 million (€33.2 million) equity investment in the UK’s cement decarbonisation project, Peak Cluster, to support the development of a planned carbon dioxide
MET Acquires KGE
MET, has acquired 100% of KGE, a natural gas storage operator based in Gronau, North Rhine-Westphalia, Germany. With this acquisition MET is further strengthening its commitment to investing in natural
EET Hydrogen & ENKA Commence Ground Investigation Work
EET Hydrogen and ENKA İnşaat ve Sanayi A.Ş. have officially commenced ground investigation works at the Stanlow Manufacturing Complex in Ellesmere Port — the home of the UK’s first large-scale
The Port of Gothenburg Signs Agreement with Inter Terminals
The Port of Gothenburg has signed new agreements with one of its largest customers in the energy sector, Inter Terminals Sweden. The agreements benefit both parties by providing increased predictability
Marathon Petroleum Receives Port of Long Beach Green Flag Award
Marathon Petroleum has demonstrated its commitment to environmental stewardship by earning the 2024 Port of Long Beach Green Flag Award. This recognition is part of a voluntary vessel speed reduction
