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
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
FETSA Criticises European Commission’s Clean Industrial Deal & Affordable Energy Packages
The Federation of European Tank Storage Associations (FETSA) is disappointed by the European Commission’s Clean Industrial Deal and Affordable Energy Packages, urging a more comprehensive and strategic approach to Europe’s industrial challenges. While the Commission’s proposals reflect a worthy commitment to sustainability, they fail to adequately address the critical issues that are eroding Europe’s industrial base and competitiveness. ‘The European Commission’s approach to the Clean Industrial Deal and Affordable Energy Packages risks being more of a symbolic gesture than a solution to Europe’s industrial crisis,’ says Ravi Bhatiani, FETSA Executive Director. ‘The Commission should be focusing on addressing the underlying […]
Aramco Acquires 25% of Unioil Petroleum Philippines
Global energy and chemicals company Aramco has signed definitive agreements to acquire a 25% equity stake in Unioil Petroleum Philippines, one of the country’s largest oil companies. The acquisition of
Enagás Terminals To Supply BioLNG in Spain
Enagás will launch a BioLNG supply service at the company’s regasification terminals in Barcelona and Huelva, Spain, which will allow this decarbonised fuel to be loaded onto tankers and ships,
Olleco Opens Used Cooking Oil Processing Plant in UK
Olleco have announced on LinkedIn that it has opened a new used cooking oil processing plant in Liverpool, UK. The used cooking oil that the company collect will be refined
TotalEnergies, Masdar & EPointZero Sign For Clean Energy in Africa & Asia
Masdar, TotalEnergies and EPointZero, the decarbonisation arm of 2PointZero, have signed a framework for action (FFA) agreement to drive access to clean energy in emerging markets and developing economies in
Wood Secures Engineering Contract with Shell UK
Wood has been awarded a $120 million (€115 million) contract extension by Shell UK to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the UK.
LBC Vlissingen Launches Open Season For Ammonia Storage
LBC Vlissingen has launched the open season for ammonia storage and ammonia cracking capacity at its state-of-the-art terminal, currently under development at the North Sea Port, Vlissingen, the Netherlands. Once
Wood To Deliver FEED For European Hydrogen Facility
Wood has been awarded the front-end engineering design (FEED) scope for the Zeevonk hydrogen facility, in Rotterdam, Netherlands. The hydrogen plant will be powered by offshore wind and floating offshore
Hydrogenious Realigns Team Structure & Completes Financing Round
Hydrogenious has realigned its team structures and shifted its corporate focus to flagship projects such as the industrial-scale LOHC hydrogenation plant at Chempark Dormagen in Germany, and the IPCEI (important
Petrobras FPSO Begins Oil Production
Petrobras PBR has started oil production from its deepwater project offshore southeast Brazil with its largest floating production, storage, and offloading (FPSO) unit, Almirante Tamandaré. This unit marks the inaugural
Preem & Imubit Partner To Lower Emissions Through AI
Imubit has entered into a partnership aimed at accelerating Preem’s sustainability journey through Imubit’s Closed Loop AIO technology. Preem has set ambitious goals for emissions reduction, including meeting net zero
Confidence in Net-Zero Goals Plummets as Industry Faces Policy, Investment Hurdles: EIC Report
Energy industry confidence in reaching global net-zero targets is fading as policy instability, financial uncertainty and slow project approvals continue to hinder progress, according to Net Zero Jeopardy Report II by the Energy Industries Council’s (EIC), the world-leading trade association for the energy supply chain industry. Only 16% of senior energy executives interviewed now believe the world can achieve net zero by 2050, down from 45% last year. The report, based on interviews with EIC member companies mostly based in the UK, points to growing concerns over the lack of clear regulatory frameworks, underinvestment in clean technologies and delays in […]
VIDA bioenergy Glentham Injects First Biomethane to UK Grid
VIDA bioenergy, a fully owned subsidiary of VTTI, has announced that its facility in Glentham, United Kingdom, has injected its first biomethane into the UK’s National Transmission System. The plant
ADNOC Join Coalition for LNG Emission Abatement
ADNOC has joined the Coalition for LNG Emission Abatement toward Net Zero (CLEAN Initiative), the company announced on LinkedIn. This collaborative effort is led by the Japan Oil, Gas and
Johnson Controls Chosen for BP Hydrogen Plant
Johnson Controls Industrial Heating and Cooling Solutions Benelux has been awarded by Worley for the realisation of the central chiller plant for BP’s green hydrogen plant. Johnson Controls will design
Air Liquide Announces Electrolyser Projects
Air Liquide has announced two large-scale electrolyser projects to produce renewable and low-carbon hydrogen in Europe. The first project, ELYgator, an Air Liquide 200MW electrolyser, will supply both TotalEnergies’ industrial
TSA Launches Campaign for Career & Apprenticeship Opportunities
The Tank Storage Association has launched a ‘Careers Week’ campaign aimed at showcasing the vast career and apprenticeship opportunities available in the bulk storage and energy infrastructure sector. The bulk storage and energy infrastructure industry offers a wide range of career paths across various fields, including business, operations, engineering, safety, marketing, IT, supply and trading, and more. The campaign will run from 17 to 21 February 2025 and will seek to inspire everyone to explore, discover, and get excited about a career in the bulk storage and energy infrastructure sector. Peter Davidson, CEO of the Tank Storage Association, says: ‘The […]
Trigon & South Korea Sign MoU For Hydrogen-as-Ammonia Project
Trigon Pacific Terminals (Trigon) has signed a memorandum of understanding (MOU) with the Ulsan Free Economic Zone Authority (UFEZ) that will see the two entities establish a framework to expand
Mol Group Tests Production Of HVO & SAF
MOL Group has produced a diesel fuel containing hydrotreated vegetable oil (HVO), and sustainable aviation fuel (SAF) at the refinery of Slovnaft in Bratislava, Slovakia. The quality of the products
P2X Solutions Oy Starts Green Hydrogen Production
P2X Solutions Oy has started commercial operations of green hydrogen production at the Harjavalta facility in Finland. The company said on LinkedIn: ‘But this is where the exciting part begins!
Racing Champion & Inspirational Speaker Nicolas Hamilton to Headline StocExpo 2025
StocExpo, the world’s leading tank storage and energy infrastructure event, is delighted to announce that Nicolas Hamilton, British Touring Car driver and motivational speaker, will be the guest keynote speaker
AquaChemie Opens Manufacturing Facility
AquaChemie Global Chemicals has officially opened its state-of-the-art chemical manufacturing facility in KEZAD (Khalifa Economic Zones Abu Dhabi), reinforcing the UAE’s drive for industrial excellence. ADNOC said on LinkedIn: ‘At
Advario Oman on Green List
Advario Oman has been officially recognised by the Environment Authority of Oman and included in the Green List, the company announced on LinkedIn. Oman’s Green List is a recognition for
ADNOC & Indian Oil Sign LNG Supply Agreement
ADNOC Gas has announced a 14-year sales and purchase agreement (SPA) with Indian Oil Corporation for the export of up to 1.2 million tonnes per annum (mtpa) of liquefied natural
VTTI Awarded Funding For Project Amplifhy
VTTI has been awarded €8 million in co-funding from the European Union’s connecting europe facility (CEF) programme for Project Amplifhy at its Antwerp terminal, located in the Port of Antwerp,
Tepsa Netherlands to Complete Expansion
Tepsa Netherlands is set to complete its latest terminal expansion, adding nine new storage tanks and increasing its capacity by 28,000 m3. The new tanks are designed to handle a
Editors' picks
Bilfinger Acquires nZero Group
FETSA Calls for Energy Security Reform
China’s CNOOC Agrees LNG Deal with ADNOC
ADNOC & Mitsui & Co in LNG Agreement
EEMUA Releases EEMUA 159 Edition 6
Stolthaven Partners with XL Batteries
