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.
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
Trial Paid Membership Now
After the success of StocExpo and huge interest in our Tank Storage Membership options, Tank Storage Magazine is offering a one-month trial to all free and premium members, to see
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
Shell Chemicals supplies Braskem with bio-attributed and bio-circular propylene
Shell Chemicals recently started to supply Braskem with bio-attributed and bio-circular propylene feedstocks, based on a mass balance approach and independently certified by a third party. Braskem will use the
Chevron and JX collaborate for CCS
JX Nippon Oil & Gas Exploration Corporation and Chevron New Energies, a division of Chevron U.S.A. Inc., have signed a memorandum of understanding (MOU) that provides a framework to evaluate
Vopak to partner with Air Liquide for Singapore ammonia & hydrogen
Vopak has signed an agreement with Air Liquide to develop and operate infrastructure for ammonia import, cracking and hydrogen distribution in Singapore. The companies will look at developing low-carbon ammonia
SBM Offshore and Technip Energies Partner for Floating Offshore Wind
SBM Offshore and Technip Energies are pleased to announce the signing of a memorandum of understanding for the creation of a joint venture entity, EkWiL. The new company will be
Shell Publishes Energy Transition Update
Shell has published its first energy transition update since the launch of its Powering Progress strategy in 2021. At its Capital Markets Day in June 2023, Shell outlined how its
StocExpo delegates receive exclusive access to terminal tour
The long-awaited StocExpo opens its doors this morning at 9:00am at the Rotterdam Ahoy (and there’s still time to register now). The premier event that brings the liquid bulk and
BWC Terminals CEO Mike Suder Announces Retirement
BWC Terminals, a provider of bulk liquid storage and logistics services in North America, announced today that Mike Suder, CEO and member of the Board of Directors, will retire effective
Annual CO2 reduction of 3000 tonnes due to steam network
The Province of Zuid-Holland have announced that neighbouring companies Recycling Kombinatie REKO and Koole Tankstorage Pernis have joined forces with the construction of a steam pipeline between the two companies.
Linde to Supply Nitrogen Wash and ASU to Australia Urea Plant
Linde Engineering has signed a contract for the engineering and procurement of an air separation unit (ASU) and a nitrogen wash unit (NWU) for a urea plant in Karratha, Western
Exolum undertake project to demonstrate the bulk transport and storage of LOHCs
Exolum will be the first company in the world to physically transport and store hydrogen through liquid organic hydrogen carriers (LOHCs) in commercial-scale, repurposed oil pipeline and tank storage infrastructure.
Copenhagen Infrastructure Partners announces investments and agreements with LOTTE Chemical Corporation
Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund, has signed a memorandum of understanding with LOTTE Chemical Corporation (LOTTE), one of the world’s largest producers of chemical products, to
Trafigura Acquires Greenergy
Trafigura has agreed to acquire Greenergy’s European business from Brookfield Asset Management. The acquisition is subject to customary closing conditions and regulatory approvals. Initially founded in 1992 to supply diesel
Odfjell Terminals Houston celebrates successful completion of expansion
Odfjell Terminals US (OTUS) has announced the successful completion of the construction and commissioning of its Bay 13 at the Houston Terminal (OTH). The expansion project features nine new tanks,
ExxonMobil & Shell selected to work with the government of Singapore
The S-Hub consortium, comprising ExxonMobil Asia Pacific and Shell Singapore announces they have been selected to work with the Government of Singapore as lead developers for a cross-border carbon capture
Chevron Announces Solar to Hydrogen Plant
Chevron New Energies has announced it is developing a 5-megawatt hydrogen production project in California’s Central Valley, USA. The project aims to create lower carbon energy by utilising solar power,
Weyerhaeuser and Lapis Energy announces carbon sequestration exploration agreement
Weyerhaeuser Company and Lapis Energy has announced today the execution of an exclusive exploration agreement for subsurface carbon dioxide sequestration in Arkansas, Louisiana and Mississippi. The agreement covers 187,500 acres
Editors' picks
ILTA Announces Safety Awards 2024
24th Annual Qatarization Review Underway
Let’s Shape the Future of Tank Storage Awards
Summer Edition Out Now
Event Review: StocExpo 2024
GES & Provaris to Develop Rotterdam Hydrogen Import Facility
Trial Paid Membership Now
Odfjell Publishes 2023 Results
StocExpo Closes its Doors for 2024
