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.
Fluxys Appointed Belgium’s Hydrogen Network Operator
Implementing the Federal Hydrogen Act of 11 July 2023, Federal Energy Minister Tinne Van der Straeten has appointed Fluxys hydrogen, a subsidiary of Fluxys Belgium, as operator for the development
MidOcean Energy Completes Acquisition of 20% Stake in Peru LNG
MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, has announced the completion of its
TotalEnergies Looks to Acquire SapuraOMV
TotalEnergies has signed an agreement in view of acquiring the remaining 50% of SapuraOMV, a significant Upstream Gas Operator in Malaysia. The agreement is worth $530 million (€496 million), subject
TotalEnergies Launches Marsa LNG project & Deploys Oman Multi-Energy Strategy
During a visit to Muscat, Oman, on 21 April, Patrick Pouyanné, chairman and CEO of TotalEnergies met with His Majesty Sultan Haitham bin Tariq Al Said and His Excellency Eng
Odfjell Terminals Korea Completes Terorrism Drill
On 15 April, without notification and scenario, an anti-terrorism drill at Odfjell Terminals Korea (OTK) was executed, joint with the military, police, fire station and other authorities. The drill simulated
Stolthaven Opens New Dagenham Jetty
Stolthaven Terminals announced on LinkedIn that its state-of-the-art jetty is officially open at its Dagenham, UK terminal. The company hosted a special opening ceremony and were pleased to welcome special
I Squared Capital to Acquire Rubis SCA Stake
Rubis SCA has announced that it has entered into exclusive negotiations with I Squared Capital to acquire its 55% stake in RT Invest. If Rubis and ISQ reach an agreement,
Vitol Acquires BioMethane Partners
Vitol has announced the acquisition of US-based renewable energy company, BioMethane Partners, to form Vitol BioMethane (VBM). VBM is a Texas-based landfill-gas-to-energy company, whose leadership has more than 100 years
MOL Inaugurates Hungary’s Largest Green Hydrogen Plant
MOL Group has handed over a 10 MW capacity green hydrogen plant in Százhalombatta, Hungary, which is the largest in Central and Eastern Europe. The €22 million investment makes fuel
Rubis Terminal Rotterdam Begins Expansion Phase 4
Rubis Terminal Rotterdam (the Netherlands) has begun the expansion of Phase 4 of its project. As per tradition, a coin was tossed in to the first piling, to bring good
GES & Provaris to Develop Rotterdam Hydrogen Import Facility
Global Energy Storage (GES) and Provaris Energy have entered a collaboration agreement to develop a gaseous hydrogen import facility at the GES terminal in Rotterdam, the Netherlands. GES is developing
Kent Wins 3-Year Framework Contract with Repsol Norge
Kent, a global integrated energy services provider has been awarded a comprehensive 3-year framework contract with Repsol Norge for various operations in the Norwegian sector of the North Sea. This
Nine Injured in Pemex Akal-B Oil Production Platform Fire Offshore Mexico
Mexico’s state-controlled oil company said a fire at one of its Akal-B oil platforms in the Campeche Bank left nine people injured Saturday afternoon. Petroleos Mexicanos, (Pemex), said two of
Yara Clean Ammonia & Azane Granted Safety Permit To Build Low Emission Ammonia Bunkering Terminal
The Norwegian Directorate for Civil Protection has given approval to construct Yara and Azane’s planned ammonia bunkering facility at Fjord Base in Florø, Norway. The permit marks a significant milestone
Neste & Lotte Chemical Team Up On Renewable Chemicals and Plastics
Neste and South Korean chemical company Lotte Chemical are teaming up to make chemicals and plastics more sustainable. The companies embark on a strategic collaboration to replace fossil resources with
Lochard Energy to Receive ARENA Hydrogen Funding
Lochard Energy is set to receive $2 m from the Australian Renewable Energy Agency (ARENA) for an 18-month feasibility study to assess the technical and commercial viability of storing hydrogen
Yara Clean Ammonia Appoints New CEO
Hans Olav Raen has been appointed CEO of Yara Clean Ammonia, effective 1 May 2024. Raen has been business director, heading OCI’s fertilizers business in Europe. He has more than
INEOS Acquires TotalEnergies’ Petrochemical Assets in Southern France
INEOS has completed the acquisition of TotalEnergies’ 50% share of Naphtachimie (720 ktpa steam cracker), Appryl (300 ktpa polypropylene business), Gexaro (270 ktpa aromatics business) and 3TC (naphtha storage) announced
EIG’s MidOcean Energy Acquires Tokyo Gas’ Australian LNG Portfolio
MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, has announced the completion of its
Vitol Completes First Delivery of B30 Biofuel Blend in Singapore
Vitol Bunkers has completed the first delivery of B30 biofuel blend in Singapore, the first time that biofuel above concentration B25 has been delivered. A total of 1,100 MT of
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TotalEnergies Acquires Talos Low Carbon Solutions
TotalEnergies has signed an agreement to acquire 100% of Talos Low Carbon Solutions (TLCS), an early-mover American company focused on carbon capture and storage. After completion of the transaction, TotalEnergies
Ørsted to Receive US Department of Energy Decarbonisation Funding
Ørsted, a leading US clean energy developer, has been selected by the Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for up to $100 million
Texas LNG Agrees LNG Offtake with Gunvor Group
Texas LNG Brownsville, a subsidiary of Glenfarne Energy Transition, has signed a Heads of Agreement with Gunvor Group through its subsidiary Gunvor Singapore for a 20-year LNG FOB sale and
VTTI & IKAV to Purchase Majority Ownership of Adriatic LNG
VTTI, a global leader in energy storage and developer of energy infrastructure, and IKAV, an international asset management group headquartered in Germany, have entered a consortium to acquire majority ownership
Odfjell Publishes 2023 Results
Odfjell has reported its results for 2023. Looking at both the shipping and storage terminals elements of the business, Odfjell has reported strong achievements in key operational areas throughout the
Woodside Sells 10% Interest in Scarborough JV
Woodside has completed the sale of a 10% non-operating participating interest in its Scarborough Joint Venture to LJ Scarborough Pty Ltd (LNG Japan). The completion follows Woodside’s announcement on 8
Odfjell Terminals US Completes Bay 13 Project
Odfjell Terminals US (OTUS) has announced the successful completion of the construction and commissioning of its Bay 13 project at its Houston Terminal, Texas. The expansion features nine new tanks,
JERA and ExxonMobil Partner for Hydrogen
JERA has reached a project framework agreement with ExxonMobil to jointly explore the development of a low carbon hydrogen and ammonia production project in the United States. ExxonMobil is currently
Inter Terminals Sweden Partners with SAS for SAF
Inter Terminals Sweden, in collaboration with SAS, is expanding its aviation fuel facility in the Port of Gävle by converting tanks from conventional fossil heating oil storage to a blending
VTTI to explore bio-energy in the Netherlands
VTTI is exploring the possibility of developing a large-scale bio-energy installation at Zevenellen business park in Leudal, Limburg, The Netherlands. VTTI Bio-Energy Limburg’s primary objective is to pave the way
Exolum wins contract for terminal at Port of Gijon
Exolum has won the tender to manage a 67,000 m3 capacity bulk liquid product storage terminal located on La Osa pier at the port of Gijon, Spain, after winning the
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