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.
Pelican Point Terminal Expansion Update
Three new tanks have successfully completed hydrotesting at Quantem’s Pelican Point Terminal in Australia. The tanks are now being painted, moving closer to commissioning in the coming months. Constructed using
Wärtsilä To Expand Technology Centre in Finland
Wärtsilä is set to expand its state-of-the-art technology centre Sustainable Technology Hub in Vaasa, Finland, with a €50 million total investment. Expanding the R&D testing capabilities and facilities will enhance
Wood To Support Petroleum Development Oman’s Project Portfolio
Wood has won a three-year contract to provide specialist technical support to Petroleum Development Oman (PDO) – the country’s primary oil producer. Under the contract, 65 of Wood’s engineering and
BpTT Announces Production From Cypre Gas Project
Bp Trinidad and Tobago (BpTT) has announced that its Cypre development has safely delivered its first gas, in Cyprus. Cypre is one of Bp’s 10 major projects expected to start
Mabanaft & HIF Global to Accelerate e-Methanol in Shipping
Energy companies Mabanaft and HIF Global have signed an agreement for the planned purchase of e-methanol, reaffirming their commitment to promoting carbon-reduced fuels for the shipping industry. The initial purchase
Neste & DB Schenker To Expand Neste MY Renewable in Asia-Pacific
Neste and DB Schenker have collaborated to work towards expanding DB Schenker’s adoption of Neste MY Renewable Diesel in Asia-Pacific. This partnership underscores the shared commitment of both companies to
Crowley Fortifies Puerto Rico Terminal with LNG-Fuelled Microgrid
Crowley is enhancing the resiliency of its Isla Grande logistics terminal in San Juan, Puerto Rico, with the installation of a microgrid fuelled by liquefied natural gas (LNG). The innovative
Fairfield Chemical Carriers Merges into MOL Chemical Tankers
MOL Chemical Tankers has announced that Fairfield Chemical Carriers has officially merged into MOL Chemical Tankers, effective April 1, 2025. With this, all planned changes, including asset and contract transfers,
Shell completes Acquisition of Pavilion Energy
Shell Eastern Trading has completed the previously announced acquisition of 100% of the shares in Pavilion Energy. Pavilion Energy, headquartered in Singapore, operates a global LNG trading business with contracted
Avenir’s Pioneering Bio-LNG Vessel
Avenir Ascension is to become the first bunker vessel world-wide to continuously run on bio-LNG for 2025. As of 1 April 2025, Avenir Ascension will use bio-LNG for its own
VARO Energy Acquires Preem
VARO Energy has reached an agreement to acquire Preem through the purchase of 100% of the share capital of the parent company, Corral Petroleum Holdings, in an all-cash transaction. Subject
Wärtsilä To Supply Dual-Fuel Engines To Ibaizabal
Wärtsilä will supply three 25DF dual-fuel engines for a new 18,600 m3 capacity LNG Bunkering vessel being built for Spanish operator Ibaizabal. The engines will feature Wärtsilä’s NextDF technology, which
Equinor, Shell & TotalEnergies Announce FID For Northern Lights Development
Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the Northern Lights development. The decision was made after signing a commercial agreement with
JERA & EDF Expand To Include Japanese Power
JERA, EDF Trading (EDFT) and JERA Global Markets (JERAGM) have announced the expansion of JERAGM’s remit by its shareholders to include Japanese power trading. The respective Japanese power trading businesses
Delfin To Supply SEFE With LNG
SEFE Securing Energy for Europe and Delfin Midstream (Delfin) have signed a heads of agreement for the long-term supply of 1.5 million tonnes of LNG per year for at least
TotalEnergies Launches Six New Battery Storage Projects
TotalEnergies has announced investment decisions for six battery storage projects. In total, these projects amount to 221 MW of new storage capacity and an investment outlay of €160 million. These
Tank Storage Association Announces New President and Vice-President
Arun Sriskanda, managing director at Oikos Storage, has been elected as the new President of the Tank Storage Association (TSA), the trade association representing all aspects of the UK’s bulk
Aramco Acquires 50% Stake in Blue Hydrogen Industrial Gases
Aramco and Air Products Qudra (APQ) have announced that Aramco has completed the acquisition of a 50% equity interest in the Jubail-based (Saudi Arabia) Blue Hydrogen Industrial Gases (BHIG). The
Polish Delegation Visits Tilburg VIDA Bioenergy Plant
A delegation of key stakeholders from Poland’s biomethane sector, led by the Polish Biomethane Organization, visited the VIDA bioenergy plant in Tilburg, Netherlands, to gain key insights into the latest
Golar LNG Signs Finance Lease Agreements for FLNG Gimi
Golar LNG has entered into finance lease agreements with a consortium of leading Chinese leasing companies for the refinancing of the existing FLNG Gimi debt facility. The sale leaseback facility
Apollo & BP To Partner on TANAP Gas Pipeline
BP and Apollo have reached agreements for Apollo-managed funds to purchase a 25% non-controlling stake in BP Pipelines (TANAP), BP TANAP – the BP subsidiary that holds BP’s 12% interest
Storagetech Completes Floating Roof Order
Storagetech has announced the successful completion of a tailor-made external floating roof mechanical seal order for Saudi Aramco Jubail Refinery (SASREF) in Saudi Arabia. Storagetech was responsible for the design,
Tepsa Announces New Terminal
Tepsa is taking a step towards sustainability with its first-ever storage terminal in Andalusia, designed to handle a wide variety of bulk liquids—including chemical products, biofuels, and renewable materials. Located
CTCI Wins EPC Bid for LNG Storage Tanks
CTCI has announced that it has jointly won a NT$26.6 billion (€28 million) EPC bid with Japan’s IHI Plant Services (IPC) to build four above-ground, double-domed liquefied natural gas (LNG)
Adler & Allan Unveils 2024 ESG Report
Adler & Allan have announced the release of its 2024 ESG Report, highlighting a landmark year of sustainability progress and strategic benchmark setting. Over the past years, Adler & Allan
Gasunie & Petrogas To Investigate Hydrogen Transportation
Gasunie and Petrogas are investigating how the Petrogas pipeline, installed under the North Sea, can be reused to transport green hydrogen. The research focuses on the feasibility of reuse and
Stolt-Nielsen To Invest In US Logistics
Stolt-Nielsen has announced a series of ongoing investments aimed at expanding and enhancing its operations across the US. These investments are part of the company’s commitment to improving its service
Moeve & Exolum To Invest In New Infrastructure at The Port Of Huelva
Moeve, Exolum and the Port Authority of Huelva have revealed plans at the Port of Huelva, in Spain, for new loading and unloading infrastructure that is currently under construction. This
Woodside & China Resources Sign LNG Supply Agreement
Woodside has signed a long-term sale and purchase agreement (SPA) with China Resources Gas (China Resources) for the supply of liquefied natural gas (LNG) to China. The SPA provides for
Baker Hughes & Woodside Energy to Develop Decarbonisation Solution
Baker Hughes and Woodside Energy have announced a joint initiative to develop a lower carbon power generation technology solution utilising the Net Power platform that is specifically designed for oil
RWE & TotalEnergies in Green Hydrogen Supply Deal
Germany’s RWE has agreed to supply French oil major TotalEnergies with about 30,000 tonnes of green hydrogen a year from 2030, in one of the sector’s biggest deals. The agreement
Scotland’s Grangemouth Refinery Becomes Low-Carbon Industrial Hub
A recent feasibility study, known as Project Willow, has outlined an ambitious plan to transform Scotland’s Grangemouth oil refinery into a low-carbon industrial hub. The proposed transition requires an investment
Editors' picks
UPM Hits Pause on Rotterdam Biofuels Refinery
Oiltanking Becomes enport by MB Energy
Neste Starts SAF Production at Rotterdam Refinery
Bilfinger Acquires nZero Group
FETSA Calls for Energy Security Reform
