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.
Cepsa and C2X set up joint project for green methanol plant
Cepsa, which is owned by Mubadala and Carlyle, and C2X, an independent company majority owned by A.P. Moller Holding with A.P. Moller – Maersk as minority owner, has announced a
Michigan regulators approve Enbridge Great Lakes tunnel for oil pipeline
Michigan regulators on Friday approved Canadian pipeline company Enbridge Inc’s application to build a tunnel under the Great Lakes to house its aging Line 5 oil pipeline, a major step
Colonial Terminals announces acquisition of Buckeye’s North Carolina terminal
Colonial Terminals has announced it has acquired a bulk liquid terminal owned and operated by Buckeye Terminals. The terminal is located on the Cape Fear River, North Carolina, USA and
ERGIL completes storage tank project in Mersin, Türkiye
ERGIL leading process and static equipment manufacturer successfully completed the Storage Tank Project for The Akkuyu Nuclear Power Plant in Mersin, Türkiye. ERGIL has successfully completed design, engineering and prefabrication
Vopak completes sale of three chemical terminals in Rotterdam
Vopak has completed the sale of its three chemical terminals in Rotterdam (Botlek, TTR and Chemiehaven) to Infracapital for a total purchase price of €407 million including a conditional deferred
Vopak acquires 50% EemsEnergyTerminal
Vopak has completed the principle agreement that was announced in April 2023 and has become a 50% shareholder in EemsEnergyTerminal, an LNG import terminal of 8 billion cubic meter (bcm)
Proton Ventures to complete the FEED for ammonia tanks
Proton Ventures has annouced that it will complete Front-End Engineering Design (FEED) for the repurposing of two 30,000 m³ ammonia tanks in in Vlissingen, The Netherlands. The Vesta terminal is
Impala purchases the HES Hartel Tank Terminal
Global infrastructure and logistics company, Impala Terminals Group has announced that it has agreed to purchase the HES Hartel Tank Terminal. Impala will provide additional investment of between €90-100 million
Neste to introduce solar power at Porvoo refinery
Neste has signed a purchase agreement for solar power supply to its Porvoo refinery in Finland with the renewable energy company CPC Finland Oy. Solar power supply from the Lakari
Santos join with APA for CO2 infrastructure development
Santos has announced it will work with energy infrastructure business APA Group through a memorandum of understanding (MoU) to collaborate on the potential development of CO2 infrastructure throughout eastern Australia.
Noord Natie Odfjell Antwerp Terminal fills first two tanks at Tank Pit U
Noord Natie Odfjell Antwerp Terminal has filled up the first two tanks of its new Tank Pit U, ahead of the originally projected timeline. Over the past five years, NNOAT
IHI and Vopak to develop ammonia terminal
Dutch tank storage company Vopak has signed an initial agreement with Japan’s IHI Corporation to explore the development and operation of ammonia terminals, as they expect demand for the low-carbon
Eneco plans to build a green hydrogen production plant
Eneco has submitted its planning application for the construction of the ‘Eneco Electrolyser’, a green hydrogen production plant in Rotterdam’s Europoort industrial area. Eneco is working together with Mitsubishi on
TSOs proceed with Danish-German hydrogen pipeline
Danish and German TSOs, Energinet and Gasunie, have agreed to proceed to link their planned hydrogen networks by way of a 550 km cross-border pipeline from 2028. They initially announced
Flint Hills Resources plans new pipeline
Flint Hills Resources, the main supplier of transportation fuel to Central Texas, has announced plans to build a dedicated pipeline to supply jet fuel to Austin Bergstrom International Airport. Austin
Heirloom unveils America’s first commercial direct air capture facility
Climate technology company, Heirloom has announced America’s first commercial direct air capture facility. The facility can capture up to 1,000 tons of CO2 per year, which will be sent for
Horisont Energi and Koole Terminals partner for CCS
Horisont Energi and Koole Terminals have signed a non-binding memorandum of understanding to continue their collaboration to explore the potential development of a European carbon capture and storage (CCS) value
Fire at one of Brazil’s largest fuel distributors
On the morning of Monday 13 November, around 6:50 am, a large fire occurred in the Maxsul Combustíves warehouse, located on SC-480, in Chapecó, Brazil. The fire department was called
Terminal Quimica Puerto México (TQPM) announce new project
Terminal Quimica Puerto México has announced the conclusion of a project finance operation with a consortium of six institutions for $408 million (€381 million) and a $32 million (€29 million)
Samsung C&T to build world’s largest liquid hydrogen tank
Samsung C&T Corporation, headquartered in South Korea, has received certification from Det Norske Veritas (DNV) for its design of the world’s largest liquid hydrogen storage tank. The tank, with a
TotalEnergies acquires 1.5 GW flexible power generation capacity in Texas
TotalEnergies has signed an agreement with TexGen, a US based company to acquire for $635 million three gas-fired power plants with a total capacity of 1.5 GW in Texas. The
Gasunie to finance energy transition projects in a green way
Gasunie has successfully issued its first green bond, a loan of €300 million with a maturity of 9.5 years. There was a great deal of interest from the market; enrollment
LCM Environmental completes third acquisition this year
Fuel and tank storage risk-mitigation specialist LCM Environmental Services has completed its third acquisition of the year. The company has acquired North Yorkshire-based businesses Repair Protection & Maintenance Ltd and
Indian Oil to expand its LNG terminal at Kamarajar Port
Indian Oil Corporation has announced its plans to expand the capacity of its liquefied natural gas (LNG) terminal located inside the Kamarajar Port, in Ennore, Chennai, India. The company aims
Occidental and BlackRock form joint venture to develop the world’s largest direct air capture plant
International energy company, Occidental has announced that finance company, BlackRock will invest $550 million (€515 million) on behalf of clients in the development of STRATOS, the world’s largest direct air
Kinder Morgan to purchase NextEra Energy Partner’s STX Midstream
Kinder Morgan has announced that it has agreed to acquire NextEra Energy Partner’s South Texas assets, STX Midstream, US for $1.815 billion (€1.7 billion). The STX Midstream pipeline system includes
Wärtsilä opens biogas liquefaction plant in Denmark
Wärtsilä has engineered, delivered, and installed the biogas upgrading solution to a new biogas 17 tpd liquefaction plant in Hjørring, Denmark. The contract was awarded to Wärtsilä in 2022, and
Production begins at BP-operated Seagull field in North Sea
BP has successfully started production from the Seagull oil and gas field in the UK North Sea, boosting energy supplies, supporting the supply chain and jobs, and underpinning continued production
QatarEnergy LNG delivers the 1,000th LNG shipment
QatarEnergy LNG has delivered the 1,000th LNG shipment to the South Hook LNG Terminal at Milford Haven in the United Kingdom. The landmark delivery was made by the Q-Max LNG
TerraVest aquires Highland Tank
TerraVest has announced that it has entered into an agreement to acquire all the assets of the subsidiaries of Highland Tank. Based in Stoystown, Pennsylvania, Highland Tank is a leading
ExxonMobil completes acquisition of Denbury
Exxon Mobil has announced it has closed its acquisition of Denbury in an all-stock transaction valued at $4.9 billion (€4.6 billion), or $89.45 (€84.11) per share, based on ExxonMobil’s closing
Chesapeake Energy signs long-term LNG agreement with Vitol
Chesapeake Energy Corporation and Vitol have entered into a Heads of Agreement with Chesapeake Energy Marketing, a subsidiary of Chesapeake Energy Corporation. Under the HOA, Chesapeake will supply up to
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Exolum obtains 97 points in GRESB sustainability index
Alkion Introduces Bitumen to Portfolio
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