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.

NEO Energy Completes Merger with Repsol
NEO Energy has completed its strategic merger with Repsol Resources UK. The combined group has been renamed NEO NEXT Energy (NEO NEXT) and becomes one of the largest producers on

EU USA Agree Energy Deal
On 27 July, European Commission President Ursula von der Leyen and US president Donald Trump announced a political agreement under which the EU would commit to purchasing $250 billion (€217

Uniper to Explore UK Hydrogen Salt Storage
Uniper has partnered with British Salt to explore potential UK hydrogen storage development, the company announced on LinkedIn. The Salinae Hydrogen Storage project is a potential salt cavern hydrogen storage

Shell Sells Shares of Colonial Enterprises to Brookfield Subsidiary
Shell Midstream Operating, a subsidiary of Shell, has completed the previously announced sale of its 16.125% interest in Colonial Enterprises to Colossus AcquireCo LLC, a wholly-owned subsidiary of Brookfield Infrastructure

Sempra & Jera Agree on Port Arthur LNG
Sempra Infrastructure, a subsidiary of Sempra, and JERA has announced a 20-year sale and purchase agreement for the supply of 1.5 million tonnes per annum (Mtpa) of liquefied natural gas

Stolthaven Singapore Achieves Dual ISCC Certifications
Stolthaven Terminals’ facility in Singapore has achieved both ISCC EU and ISCC PLUS certifications. These internationally-recognised credentials reflect Stolthaven Singapore’s commitment to supporting the global transition to greener energy and

Vopak Announces Capacity Expansion In Malaysia
Vopak have made a significant investment decision at its Pengerang Terminal (PT2SB) in Malaysia, a key hub within its global Vopak network. On a post on LinkedIn, Vopak added that

Moeve & Exolum Complete Pipeline System At Port of Huelva
Moeve and Exolum have successfully completed the modernisation of the Torre Arenillas Quay and its pipeline system to the Port of Huelva, Spain, a project completed over three years without

Aquarius Energy Acquires Oiltanking’s Stake In OTMS
Aquarius Energy has completed its acquisition of Oiltanking’s 37% stake in Oiltanking MOGS Saldanha (OTMS). The company has been renamed as Aquarius MOGS Saldanha (AQMS) and comprises a state-of-the-art 10

Centrica Secures Stake in Gasrec
Centrica has secured a 16% stake in Gasrec, the UK’s largest dual provider of bio-LNG (bio-Liquified Natural Gas) and bio-CNG (bio-Compressed Natural Gas) to the road transport sector. This makes

Hoyer Group Awarded EcoVadis Gold & ISO 50001
The HOYER Group has been awarded the EcoVadis Gold Medal for its comprehensive commitment in the areas of sustainability and responsible corporate governance. At the same time, the global logistics

ExxonMobil Hands Australian Assets to Woodside Energy
Australia-based Woodside Energy has signed an historic agreement with ExxonMobil to take over operations of the Bass Strait assets. From completion, Woodside will assume operatorship of the offshore Bass Strait

Vopak Completes Share Buyback
Vopak has successfully completed a share buyback program to return up to €100 million to shareholders. The purpose of the share buyback program was to reduce the issued capital of

SLB Awarded Carbon Storage Contract
SLB has been awarded a technologies and services contract for carbon storage site development in the North Sea by the Northern Endurance Partnership (NEP), an incorporated joint venture between Bp,

Moeve Portugal Appoints Isabel Gorgoso As CEO
Moeve have appointed Isabel Gorgoso as the new chief executive officer of Moeve Portugal. With a solid career of more than 20 years in leadership positions in the energy sector,

Chane Appoints Fabian Ziegler as CEO
Chane has announced the appointment of Fabian Ziegler as its new Chief Executive Officer, effective 22 September 2025. This leadership transition follows the decision of current CEO John Kraakman to

Air Liquide Takes FID for Rotterdam Hydrogen
Air Liquide has made the final investment decision (FID) for the construction of ELYgator, a plant for the production of renewable hydrogen in Maasvlakte, Rotterdam, Netherlands. The plant, an electrolyser

TotalEnergies & CMA CGM to Launch LNG Bunkering Logistics Venture
TotalEnergies and CMA CGM have entered into an agreement to develop a 50/50 logistics joint venture dedicated to the implementation and operation of a liquefied natural gas (LNG) bunker supply

Exolum Demonstrates Hydrogen Storage in Existing Infrastructure
Exolum has successfully demonstrated how existing energy infrastructure can meet the long-standing challenge of hydrogen storage. Road and aviation fuel pipeline and storage infrastructure, like that owned by Exolum, can

VTTI Dalian Handles Green Methanol Loading in China
VTTI Dalian (VTD) has successfully supported Northeast China’s first bonded green methanol ship-to-ship bunkering operation. In a post on LinkedIn, VTD said this achievement marks an important step in fulfilling

MT Group Awarded LNG Terminal Infrastructure Contract
MT Group has been awarded a major contract for the execution of all topside and onshore-based infrastructure at the new jetty in Brunsbüttel FSRU LNG Terminal in Germany. The agreement

EET Wins Government Backing For SAF Production
Essar Energy Transition (EET), which plans to create the world’s leading low carbon process refinery, has been awarded £2.5 million ($2.8 million) from the UK Government’s Department for Transport (DfT),

Centrica Acquires 15% Stake in Sizewell C Nuclear Power Station
Centrica is to acquire a 15% equity stake in Sizewell C, with committed construction funding of £1.3 billion (€1.5 billion). Centrica will jointly own Sizewell C alongside HM Government (44.9%), La

Albert Manifold Appointed As BP Chair
Bp has announced that it has appointed Albert Manifold to succeed Helge Lund as chair of the company. He will join the company’s board on 1 September as non-executive director

Shell & Technip Energies Sign Carbon Capture Agreement
Shell Catalysts & Technologies and Technip Energies have signed a global alliance agreement to work exclusively together to deliver a post-combustion amine-based carbon capture solution using Shell’s CANSOLV1 CO₂ Capture System.

Chevron Completes Acquisition of Hess
Chevron has announced that it has completed its acquisition of Hess following the satisfaction of all necessary closing conditions, including a favourable arbitration outcome regarding Hess’ offshore Guyana asset. The

INEOS Invests To Reduce Emissions at UK Site
INEOS has completed a £30 million (€34 million) investment at its Hull manufacturing site in the UK, converting the facility to run on clean-burning hydrogen instead of natural gas. This

BP to Sell US Onshore Wind Business to LS Power
BP has agreed to sell its US onshore wind business, BP Wind Energy North America Inc. (bp Wind Energy), to LS Power, a leading development, investment and operating company focused

GAIL & Vitol Sign LNG Agreement
GAIL (India) and Vitol Asia have signed a long-term LNG sales and purchase agreement (SPA) for the annual supply of approximately 1 million tonnes per annum (MTPA) of liquefied natural

EnQuest Acquires Harbour Energy Vietnam Assets
North Sea operator EnQuest has acquired Harbour Energy’s offshore oil and gas operations in Vietnam. The deal covers Harbour’s 53.125% equity interest and operation of the Chim Sáo and Dua

ADNOC Bids for LNG Producer Santos
Rystad Energy has reported that a consortium led by Abu Dhabi National Oil Company (ADNOC Group) has launched a non-binding US$18.7 billion (€16 billion) bid to acquire Australian LNG producer

Neste & DHL Express Collaborate For SAF Supply
Neste and DHL Express have collaborated for the supply of 7,400 tonnes of neat, Neste MY sustainable aviation fuel (SAF) to DHL Express at Singapore Changi Airport starting July 2025.