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
Norne & Port of Aalborg Collaborate on CO2 Hub
Norne and Port of Aalborg have signed 30-year exclusive agreement, accepted a EU CEF grant and have launched the construction of a CO2 hub. Backed by an EU Connecting Europe
JERA Announces Long-Term LNG Agreements
JERA has announced that it has finalised 20-year agreements to procure up to 5.5 million tonnes per year of liquefied natural gas (LNG) from the United States. The agreements advance
Stolthaven Collaborates With Itochu for Methanol
Stolthaven Terminals, through its joint venture Tianjin Stolthaven Lingang Terminal (Stolthaven Lingang), has signed a Memorandum of Understanding (MoU) with Itochu Corporation to collaborate on storage and logistics solutions for
New Company GOAL Announced
A new logistics company has launched in Louisiana with a mission to offer US based, veteran-owned solutions for capital projects across the Gulf Coast region. Gulf of America Logistics (GOAL)
TotalEnergies Increases Interest in Lapa
TotalEnergies has signed an agreement with Shell Brasil Petróleo, to exchange its 20% non-operated interest in the Gato do Mato project for an additional 3% interest in Lapa, a producing
LAND Releases The MWIR-b-640
LAND highlights how its fixed thermal imaging solutions are helping improve combustion efficiency and reliability in grate incinerators in a new application note that includes example images and data from
World LNG Summit & Awards Takes Place in Istanbul
Celebrating its 25th anniversary this year, World LNG Summit & Awards will convene the most senior energy leaders from across the global value chain on 2-5 December in Istanbul, Türkiye . During the four-day summit, discussions will cover the impact of geopolitical trends and disruptions, the evolving global LNG market, energy security and expansion, and the ongoing drive for decarbonisation. Under the theme, ‘Expanding energy horizons’, the World LNG Summit & Awards 2025 is hosted by BOTAŞ and will feature the Strategic Conference, the Leadership Roundtables, the World LNG Awards Evening, in addition to newly added features, including the Traders’ […]
Neste & Chevron Lummus Develop Renewable Fuel Technology
Neste and Chevron Lummus Global (CLG) are partnering to drive innovation in renewable fuels. The companies have joined forces to develop a new technology enabling conversion of lignocellulosic biomass into
INEOS Welcomes PM to Project ONE
Sir Jim Ratcliffe welcomed Belgian Prime Minister Bart De Wever to INEOS’ €4 billion Project ONE site in Antwerp – Europe’s largest chemical investment in a generation. With over 2,500
ILTA 2025: Safety & Leadership Award Winners
On 10 June 2025, the International Liquid Terminals Association (ILTA) announced the winners of its Safety & Leadership Awards. And the winners are… Outstanding Young Professional Award: Marissa Karl, Buckeye Partners Distinguished Service Award: Harold Laurence, Trinity Consultants Platinum Safety Award Winners Small Company: Howard Energy Partners Large Company: Marathon Petroleum Corporation Safety Excellence Award Recipients: Advario Benchmark River and Rail Terminals, LLC | Jurgensen Companies BWC Terminals Canal Terminal Company CITGO Colonial Pipeline Company Delek Logistics Partners Enbridge Energy (US) Energy Transfer Flint Hills Resources Howard Energy Partners Intercontinental Terminals Company, LLC Jefferson Energy Kinder Morgan, Inc. LBC Tank […]
Petredec Launches Tanga LPG Terminal
Petredec has launched the Tanga LPG Terminal project, a landmark open-access facility that will bolster energy security and support Tanzania’s clean cooking objectives. Set to be the largest of its
Veolia To Optimise Offshore Energy Production for Petrobras
Veolia, through its Water Technologies & Solutions business unit, has secured a multi-million dollar contract from Seatrium to provide advanced seawater desalination solutions for two major floating production storage and
Honeywell Acquires Sundyne
Honeywell has completed the acquisition of Sundyne from private equity firm Warburg Pincus for $2.16 billion (€1.9 billion) in an all-cash transaction. The acquisition of Sundyne—a leader in the design,
Gastech: Shaping The Future
Enjoy this first look at Gastech 2025 in Milan and how the conference is set to accelerate global energy security and innovation Gastech 2025 the world’s largest conference and exhibition for natural gas, LNG, hydrogen, climate technologies, and AI-powered solutions, will take place in Milan, Italy, from 9-12 September. As the industry navigates an evolving geopolitical and economic landscape, this agenda-setting event will gather and empower over 50,000 energy leaders – including C-suite executives, policymakers, pioneering innovators, and strategic investors – to build powerful alliances and accelerate a resilient, low- carbon energy future. The landmark conference and exhibition will unite […]
Eni & YPF Sign LNG Agreement
Eni and YPF have signed an agreement for the Argentina LNG project during the meeting between the president of the Republic of Argentina, Javier Milei, and the Prime Minister of
Carbon Clean & MODEC To Accelerate CycloneCC
Carbon Clean and MODEC have signed an agreement to jointly develop and scale Carbon Clean’s CycloneCC carbon capture technology for offshore applications. The collaboration will accelerate progress toward the deployment
Exolum Begins Operations at Paris-Charles de Gaulle Airport
Exolum has begun operating the fuel storage and distribution network at Paris-Charles de Gaulle Airport, the European Union’s largest airport. Exolum will manage and maintain the fuel distribution facilities after
McDermott Selects BMT For Marine Monitoring System
BMT has been selected by McDermott to deliver a state-of-the-art Integrated Marine Monitoring System (IMMS) for the Woodfibre LNG facility in Squamish, British Columbia. Woodfibre LNG is poised to become the world’s first
Texplor: Step Into The Future
How Dow is using big data monitoring to extend tank and basin service life AT ITS industrial site in Stade, northern Germany, Dow Chemical achieved a global first: the deployment of a fully integrated, multi-sensor structural health monitoring (SHM) system across its tank and containment infrastructure. Developed by Texplor Group and certified by the German TÜV inspection agency, this solution is reshaping how tank farms and basins are maintained – through real-time monitoring, predictive analytics, and big data. Instead of fixed inspection cycles, Dow now operates 24/7 monitoring via the TEX-Sky Monitoring Cloud. Following consultation with TÜV and Texplor, Dow […]
International Energy Week: Shaping Tomorrow’s Energy
Tank Storage Magazine looks back at another successful and insightful International Energy Week in London, UK International Energy Week returned to London (UK) at a brand-new venue on 24-26 February 2025. Hosted for the first time at the QEII Centre, the event brought together industry leaders and experts from all over the globe to discuss workable steps towards a cleaner, and more renewable planet, whilst evaluating the complexities of the energy transition. This year’s theme of ‘Navigating the World’s Energy Transitions’ explored the global challenge of maintaining reliable energy systems while meeting net zero commitments. The three-day conference explored strategy, […]
Wood Awarded Decarbonisation Contracts
Wood has been awarded a series of decarbonisation contracts with a value of $100 million (€87.7 million) for flare gas reduction and carbon efficiency project solutions across the largest oil
Evonik Completes Hydrogen Pipeline
A new hydrogen pipeline that connects northern North Rhine-Westphalia to Evonik’s Marl Chemical Park and the Gelsenkirchen refinery in Germany has been completed. As part of the Get H2 initiative,
TGE Completes First Stage of INEOS Project One
TGE has released an update on the construction work at INEOS Project One’s Antwerp, Belgium, site. TGE is constructing a tank roof for the 197,000 m³ ethylene tank. The tank
Galileo Technologies Announces Jesus Grande as CEO
Galileo Technologies has announced Jesus Grande as its new CEO. With a new CEO at the helm, the company is charging ahead in the energy transition with a bold vision.
NextDecade & JERA Announce LNG SPA Agreement
NextDecade has announced that it has executed a 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with JERA for offtake from Train 5 at the Rio Grande LNG
Exolum Begins Lima Airport Operations
Exolum has commenced fuel storage and aircraft refuelling operations at the newly expanded Jorge Chávez International Airport in Lima, Peru, having successfully completed the construction of a state-of-the-art fuel storage
Vopak JV completes IPO in India
Vopak’s joint venture AVTL has successfully completed its IPO in India, the company announced on LinkedIn. Dick Richelle, CEO of Royal Vopak: ‘We are very pleased with the successful realisation
Viva Energy LNG Terminal Receives Positive Assessment
The Victorian Government has delivered a positive assessment on the EES for Viva Energy’s liquefied natural gas (LNG) terminal project in Geelong, Victoria, Australia, marking a significant step in ensuring
BP Trinidad and Tobago Announces Mento First Gas
BP Trinidad and Tobago’s (bpTT) Mento development has safely delivered first gas through connection of the initial discovery well. The drilling campaign for the remaining seven gross wells on the
ASCO Awarded Steel Terminal Handling Contract
ASCO, a leading logistics and materials management company, has been awarded a terminal handling contract with Alcoa in Mosjøen, Norway. Alcoa is the world’s eighth-largest producer of aluminium, and this
UPM Hits Pause on Rotterdam Biofuels Refinery
Following extended technical, commercial and strategic evaluations UPM plans to discontinue the development of its potential second biomass-to-fuels refinery at the Port of Rotterdam. As a result, UPM plans to
Groundbreaking Takes Place at Marsa LNG Plant
An important milestone was reached at the Marsa LNG project in Sohar, northern Oman on 1 May when the official groundbreaking ceremony took place. Technip Energies is carrying out an
