TERMINAL NEWS
Stay up-to-date with the latest news, insights and analysis on the global terminal industry, from new oil and gas projects, ammonia and hydrogen MoUs to the energy transition and incidents at storage terminals.
Neste Achieves Platinum Medal in EcoVadis Sustainability Assessment
Neste has been awarded with Platinum EcoVadis Medal, after a sustainability assessment by EcoVadis places the company among the top 1% of the companies worldwide. EcoVadis assesses how well a
GIP to Acquire Stake in Eni CCUS Holding
Global Infrastructure Partners (GIP), a part of BlackRock and one of the world’s leading infrastructure investors, has entered into a definitive agreement to acquire a 49.99% interest in Eni
Vivergo Bioethanol Plant to Close
In another blow to the UK’s industrial infrastructure, the country’s largest bioethanol plant will begin closing down operations, after the government decided not to offer the sector a rescue package.
Aramco Signs Jafurah Midstream Deal
Aramco has signed an $11 billion (€9.4 billion) lease and leaseback deal involving its Jafurah gas processing facilities with a consortium of international investors, led by funds managed by Global
Norway Resumes North Sea Drilling
Norway has resumed oil and gas exploration in the North Sea for the first time since 2021, inviting bids for licences in the Barents Sea, Norwegian Sea, and parts of
Centrica Energy Enters Natural Gas Agreement
Centrica has confirmed that its trading arm, Centrica Energy, has entered into a natural gas sale and purchase agreement with US-based Devon Energy. Under the agreement, Devon Energy will supply
Centrica Acquires Grain LNG
Centrica is to acquire the Isle of Grain liquified natural gas terminal (Grain LNG) in partnership with Energy Capital Partners from National Grid for an enterprise value of £1.5 billion
Greenergy Extends Lease in Amsterdam
Greenergy, a leading European producer of biodiesel from waste, announces a 10-year extension to its lease with the Port of Amsterdam, reinforcing its long-term commitment to biofuel production in the
Chiyoda Awarded EPC by Saibu Gas Co for Hibiki LNG
Chiyoda has been awarded an engineering, procurement and construction (EPC) contract from Saibu Gas to build a new LNG tank at the Hibiki LNG base, Japan. This will enhance the
Vopak’s AVTL to Develop Second India Terminal
AVTL has announced a positive final investment decision to build a greenfield terminal for 132,000 m3 LPG and 318,000 m3 liquid products and a LPG bottling plant of 35,000MT capacity
Energy Transfer Announces Natural Gas Pipeline Project
Energy Transfer LP has reached a positive financial investment decision (FID) for the expansion of its Transwestern Pipeline to increase the supply of natural gas to markets throughout Arizona and
MOL & KazMunayGas Sign Oil Agreement
MOL has imported 85,000 tonnes of CPC blend crude oil and signed an oil trading agreement with Kazakhstan’s national oil company, KazMunayGas (KMG). The relationship between MOL and KMG dates
Uniper & UK Government To Develop Connah’s Quay Low Carbon Power Project
Uniper have entered into negotiations with the UK Government to develop its Connah’s Quay Low Carbon Power project. On a post on LinkedIn, Uniper said that the government’s support for
Everos’s CCS Project Gets Green Light
Evero, the low-carbon energy-from-waste wood company, has been selected by the UK Government to enter negotiations to transform its Evero Ince Biomass plant into the nation’s first bioenergy with carbon
Commonwealth LNG Awards EPC to Technip Energies
Technip Energies has been awarded a major Engineering, Procurement, and Construction (EPC) contract by Commonwealth LNG for its 9.5 million tonnes per annum (mtpa) liquefied natural gas (LNG) facility located
Petronord Rebrands to MB Energy
After decades of success under its old name, a new chapter begins for Petronord GmbH; the company will now operate under the name MB Energy Last Mile GmbH. MB Energy
ADNOC Gas & HPCL Sign LNG Agreement
ADNOC Gas have announced the signing of a heads of agreement with Hindustan Petroleum (HPCL) to supply 0.5 million tonnes per annum (mmtpa) of liquefied natural gas (LNG) for a
Bp Discovers Hydrocarbon At Bumerangue Exploration Well
Bp has announced an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil. Bp drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos
NEO Energy Completes Merger with Repsol
NEO Energy has completed its strategic merger with Repsol Resources UK. The combined group has been renamed NEO NEXT Energy (NEO NEXT) and becomes one of the largest producers on
EU USA Agree Energy Deal
On 27 July, European Commission President Ursula von der Leyen and US president Donald Trump announced a political agreement under which the EU would commit to purchasing $250 billion (€217
Uniper to Explore UK Hydrogen Salt Storage
Uniper has partnered with British Salt to explore potential UK hydrogen storage development, the company announced on LinkedIn. The Salinae Hydrogen Storage project is a potential salt cavern hydrogen storage
Shell Sells Shares of Colonial Enterprises to Brookfield Subsidiary
Shell Midstream Operating, a subsidiary of Shell, has completed the previously announced sale of its 16.125% interest in Colonial Enterprises to Colossus AcquireCo LLC, a wholly-owned subsidiary of Brookfield Infrastructure
Sempra & Jera Agree on Port Arthur LNG
Sempra Infrastructure, a subsidiary of Sempra, and JERA has announced a 20-year sale and purchase agreement for the supply of 1.5 million tonnes per annum (Mtpa) of liquefied natural gas
Stolthaven Singapore Achieves Dual ISCC Certifications
Stolthaven Terminals’ facility in Singapore has achieved both ISCC EU and ISCC PLUS certifications. These internationally-recognised credentials reflect Stolthaven Singapore’s commitment to supporting the global transition to greener energy and
Vopak Announces Capacity Expansion In Malaysia
Vopak have made a significant investment decision at its Pengerang Terminal (PT2SB) in Malaysia, a key hub within its global Vopak network. On a post on LinkedIn, Vopak added that
Moeve & Exolum Complete Pipeline System At Port of Huelva
Moeve and Exolum have successfully completed the modernisation of the Torre Arenillas Quay and its pipeline system to the Port of Huelva, Spain, a project completed over three years without
Aquarius Energy Acquires Oiltanking’s Stake In OTMS
Aquarius Energy has completed its acquisition of Oiltanking’s 37% stake in Oiltanking MOGS Saldanha (OTMS). The company has been renamed as Aquarius MOGS Saldanha (AQMS) and comprises a state-of-the-art 10
Centrica Secures Stake in Gasrec
Centrica has secured a 16% stake in Gasrec, the UK’s largest dual provider of bio-LNG (bio-Liquified Natural Gas) and bio-CNG (bio-Compressed Natural Gas) to the road transport sector. This makes
Hoyer Group Awarded EcoVadis Gold & ISO 50001
The HOYER Group has been awarded the EcoVadis Gold Medal for its comprehensive commitment in the areas of sustainability and responsible corporate governance. At the same time, the global logistics
ExxonMobil Hands Australian Assets to Woodside Energy
Australia-based Woodside Energy has signed an historic agreement with ExxonMobil to take over operations of the Bass Strait assets. From completion, Woodside will assume operatorship of the offshore Bass Strait
Vopak Completes Share Buyback
Vopak has successfully completed a share buyback program to return up to €100 million to shareholders. The purpose of the share buyback program was to reduce the issued capital of
SLB Awarded Carbon Storage Contract
SLB has been awarded a technologies and services contract for carbon storage site development in the North Sea by the Northern Endurance Partnership (NEP), an incorporated joint venture between Bp,
