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.

US-Iran Ceasefire Lauds Oil Relief
A two-week ceasefire between the USA and Iran has been agreed, contingent on the reopening of the Strait of Hormuz. A significant relief rally is now underway, as more than

Iran Strikes Kuwait Oil Infrastructure
Firefighters have put out a blaze at one of Kuwait’s major oil refineries, and at the countries airport, following Iranian strikes over the weekend. Drone strikes have caused “severe material

MOL Group Unveils Blue Action 2035
Mitsui O.S.K. Lines (MOL Group) has launched Phase 2 of its group management plan: ‘BLUE ACTION 2035’ effective April 1. In Phase 2, the focus of group management will shift

European Commission Calls on EU Countries to Coordinate Security of Supply
Considering the market volatility stemming from the conflict in the Middle East and the closure of the Strait of Hormuz, the European Commission is calling on EU countries to make timely and coordinated

Metafuels’ e-SAF project secures €1.92 million Dutch grant
e-SAF developer Metafuels has received a €1.92 million grant by the Dutch government for its Turbe project based in the Netherlands. The grant was awarded through the Netherlands Enterprise Agency

Chevron Changes Senior Leadership Team
Chevron has announced leadership updates that reflect the company’s continued focus on strong operational performance and safety. Chevron has appointed Daniel Woodall as Chief Health, Safety and Environment (HSE) Officer,

HES International Opens Open Season
HES International has launched an Open Season for CO₂ export terminals in Rotterdam & Wilhelmshaven. The Open Season process gives all market participants an opportunity to secure future terminal future

Perpetual Next Appoints Bilfinger for Netherlands Consultancy
Perpetual Next has selected Bilfinger Engineering & Consultancy as lead consultant for its Methanol Moerdijk project, a planned biomethanol facility in the Port of Moerdijk, the Netherlands. The appointment covers

European Council Adopts Targeted Flexibility for Heavy-Duty Vehicles
The European Council has formally adopted a targeted amendment to the regulation on CO2 emission standards for heavy-duty vehicles. The new rules introduce a temporary flexibility for manufacturers to comply

Netherlands Introduces Truck Toll For All Domestic And Foreign Carriers
The Netherlands’ new truck toll is to be introduced on 1 July 2026. The toll applies to almost all Dutch highways and is applicable to domestic and foreign vehicles.

Golden Pass LNG Achieves First LNG Production
Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has achieved first production of Liquefied Natural Gas (LNG) from Train 1 at its Sabine Pass Terminal, marking a major

TotalEnergies Completes NEO Next Merger
TotalEnergies has completed the merger between NEO NEXT and TotalEnergies’ UK Upstream Oil & Gas business. The combined group has been renamed NEO NEXT+, with TotalEnergies holding a 47.5% shareholding

Anew Climate & Avenir Complete Joint Bio‑LNG Bunkering
Anew Climate, a global leader in low-carbon fuel solutions, and Avenir, a leading provider of LNG and Bio-LNG for the maritime sector, has announced the successful completion of their first

HES International To Advance Europe’s CO₂ Infrastructure
As Europe continues to strengthen its approach to energy security, the role of effective carbon management is becoming increasingly important. Creating reliable pathways for the reduction, capture, transport and permanent

Phillips 66 & Calor Mark 40 Years of LPG Storage
Phillips 66 Limited and Calor are marking 40 years since the commissioning of the Immingham LPG Caverns, a jointly owned underground storage facility that has supported UK LPG supply since

TNPA Appoints FFS Tank Terminals To Operate Bulk Liquid Terminal
Transnet National Ports Authority (TNPA) has appointed FFS Tank Terminals as the preferred bidder to refurbish and operate a liquid bulk terminal for a 25-year concession period at the Port

Shell Bacton Gas Terminal Workers Vote To Renew Strike Action
Altrad employees at the Shell Bacton Gas Terminal in Norfolk have voted overwhelmingly to continue their pay-related strike action, which entered its sixth month. GMB Union, which is representing the

Bp To Sell Gelsenkirchen Refinery to Klesch Group
Bp has reached an agreement to sell its Gelsenkirchen refinery and related businesses to Klesch Group, an independent European refiner. The transaction represents another significant milestone in bp’s acceleration of

Evos Rotterdam Commences Methanol & Ethanol Expansion Project
Evos Rotterdam has commenced the realisation of a major expansion project for (low-carbon) methanol and ethanol storage, following a signing ceremony held at the Port of Rotterdam. The ceremony was

Neste Commissions Facility For Liquefied Waste Plastic
Neste has successfully commissioned its new upgrading facility for liquefied waste plastic (LWP) at its Porvoo refinery in Finland. This €111 million investment marks a major milestone in the scale-up

Stolt-Nielsen & NYK Line Form Joint Venture in Avenir LNG
Stolt-Nielsen Limited through its subsidiary Stolt-Nielsen Gas Ltd., has announced that it has entered into a share purchase agreement to sell 50% of Avenir LNG Limited (Avenir LNG) to Nippon

Power2X Starts Field Work for eFuels Rotterdam
Power2X have announced that the company has completed a trial digging at its project site in the Port of Rotterdam, kicking off actual field work for Power2X eFuels Rotterdam. Although

Seatrium Wins FSRU Conversion From Karpowership
Seatrium has been awarded a contract by Karpowership, for the conversion of a new Floating Storage Regasification Unit (“FSRU”). Karpowership is a longstanding customer for Seatrium, renowned for owning, operating

OX2, Södra & TES Advance Värö Electric Natural Gas Project
OX2 and Södra, together with the e-NG project development company TES, today announced that they are advancing their development plans for an e-NG (electric natural gas) facility at the Värö

Maersk & Avenir Sign Bio-LNG Supply Agreement
Avenir Marine Limited, a wholly owned subsidiary of Avenir LNG, has signed a framework fuel supply agreement with the shipping company A.P. Moller – Maersk. Under the Agreement, signed already

MOL & Slovnaft File Complaint Against JANAF
MOL and Slovnaft have submitted a formal complaint to the Directorate-General for Competition of the European Commission alleging that JANAF, the company operating the Croatian crude oil pipeline, is abusing

SEFE & Southern Energy Sign LNG Agreement
SEFE Securing Energy for Europe and Argentina’s Southern Energy S.A. (SESA) have entered a Sales and Purchase Agreement for an eight-year LNG supply partnership. Under the agreement, SEFE will purchase

TotalEnergies To Export LNG From The Alaska LNG Project
TotalEnergies has signed a preliminary agreement (Letter of Intent) with Glenfarne, the lead developer of the Alaska LNG project, for the long-term offtake of 2 million tonnes per year (mtpa)

Moeve Approves FID for Andalusian Green Hydrogen Valley
Moeve has approved the Final Investment Decision (FID) of the first phase of its flagship Andalusian Green Hydrogen Valley, making Southern Europe’s largest green hydrogen project a reality. CEO Maarten

Aramco Refinery Closes Amid Middle East Conflict
UPDATED 03/03/2026 @ 09:52 GMT A fuel tank at the Port of Duqm, Oman, has been targeted in a drone attack, according to the country’s state news agency. No casualties

Technip Energies Awarded LNG Contract By QatarEnergy
Technip Energies as leader of a joint venture with Consolidated Contractors Company (CCC) and Gulf Asia Contracting (GAC), has been awarded a major Engineering, Procurement, Construction and Commissioning (EPCC) contract

Centrica Energy & Whitecap Enter Long-Term Natural Gas Supply Agreement
Centrica Energy has signed a long-term natural gas purchase agreement with Whitecap Resources a leading Canadian producer dedicated to the responsible development of oil and gas resources across the Western

