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.
Honeywell To Acquire Sundyne
Honeywell has announced that it has agreed to acquire Sundyne from private equity firm Warburg Pincus for $2.16 billion (€2 billion) in an all-cash transaction. This represents approximately 14.5x 2024
Vitol & LNGPH Sign Gas Supply Deal
LNGPH, the integrated liquefied natural gas (LNG) power facilities of South Premiere Power (SPPC) and Excellent Energy Resources (EERI), have signed an LNG sale and purchase agreement (LNG SPA) with
GTT Receives Order For Design Of Two LNG Carriers
GTT has received, in the first quarter of 2025, an order from an Asian shipyard for the tank design of two new liquefied natural gas carriers (LNGCs) on behalf of an
Vopak & Neste Deliver Renewable Diesel in Singapore
The first supply of Neste’s renewable diesel has been delivered to the Singapore Cruise Terminal by a tanker operated by Global Energy. The fuel was sourced from Vopak’s Penjuru Terminal,
Odfjell Terminals Korea & S-OIL Seal 10-Year Storage Deal
Odfjell Terminals Korea (OTK) and S-OIL have strengthened their strategic partnership with a milestone 10-year storage contract, comprising three tanks (23,990 m3) within OTK’s E5 expansion project. The E5 project
Baker Hughes & Frontier Infrastructure To Accelerate Development of CCS
Baker Hughes and Frontier Infrastructure have announced a strategic partnership to accelerate the deployment of large-scale carbon capture and storage (CCS) and power solutions in the US. As part of
LBC Seabrook Terminal in Night Departure
LBC Tank Terminal’s Seabrook facility in Galveston, Texas, USA, has achieved a new milestone with its first night-time vessel departure following the lifting of daylight restrictions. The company made an
Chane Announces Heated Bulk Liquid Storage Infrastructure
Chane’s new heated bulk liquid storage infrastructure is live in Chane Le Havre, Normandy, France. On a post in LinkedIn, the company says: ‘We are proud to announce the launch
Eni & Petronas To Combine Upstream Assets
Eni and Petronas have announced a memorandum of understanding to progress detailed discussions on establishing a joint venture holding company to oversee selected upstream assets in Indonesia and Malaysia. Both
VTTI & Pyrum Partner for Antwerp Tyre Plant
VTTI and Pyrum are to develop a state-of-the-art waste tyres recycling thermolysis plant at VTTI’s Antwerp Terminal (ATPC, Belgium). The new plant will have a processing capacity of up to
ADNOC & Osaka Gas in 15-Year LNG Deal
ADNOC has signed a Sales and Purchase Agreement (SPA) with Osaka Gas, one of Japan’s largest utility companies, for the supply of up to 0.8 million tonnes per annum (mtpa)
BP Resets Fossil Fuel Strategy
BP has fundamentally reset its strategy, with significant capital reallocation, and plans to drive improved performance, aimed at growing free cash flow, returns and long-term shareholder value. This strategy will
Rio Tinto Tests Neste MY Renewable Diesel
Neste MY Renewable Diesel has helped fuel Rio Tinto’s Pilbara iron ore operations for the first time, with the completion of a successful trial of biofuel across its network of
VTTI & Pyrum To Develop Thermolysis Plant
VTTI has entered into an agreement with Pyrum Innovations AG to develop a state-of-the-art waste tyres recycling thermolysis plant at VTTI’s Antwerp terminal (ATPC) in Belgium. This agreement marks a
Aramco Acquires 25% of Unioil Petroleum Philippines
Global energy and chemicals company Aramco has signed definitive agreements to acquire a 25% equity stake in Unioil Petroleum Philippines, one of the country’s largest oil companies. The acquisition of
Enagás Terminals To Supply BioLNG in Spain
Enagás will launch a BioLNG supply service at the company’s regasification terminals in Barcelona and Huelva, Spain, which will allow this decarbonised fuel to be loaded onto tankers and ships,
Olleco Opens Used Cooking Oil Processing Plant in UK
Olleco have announced on LinkedIn that it has opened a new used cooking oil processing plant in Liverpool, UK. The used cooking oil that the company collect will be refined
TotalEnergies, Masdar & EPointZero Sign For Clean Energy in Africa & Asia
Masdar, TotalEnergies and EPointZero, the decarbonisation arm of 2PointZero, have signed a framework for action (FFA) agreement to drive access to clean energy in emerging markets and developing economies in
Wood Secures Engineering Contract with Shell UK
Wood has been awarded a $120 million (€115 million) contract extension by Shell UK to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the UK.
LBC Vlissingen Launches Open Season For Ammonia Storage
LBC Vlissingen has launched the open season for ammonia storage and ammonia cracking capacity at its state-of-the-art terminal, currently under development at the North Sea Port, Vlissingen, the Netherlands. Once
Wood To Deliver FEED For European Hydrogen Facility
Wood has been awarded the front-end engineering design (FEED) scope for the Zeevonk hydrogen facility, in Rotterdam, Netherlands. The hydrogen plant will be powered by offshore wind and floating offshore
Hydrogenious Realigns Team Structure & Completes Financing Round
Hydrogenious has realigned its team structures and shifted its corporate focus to flagship projects such as the industrial-scale LOHC hydrogenation plant at Chempark Dormagen in Germany, and the IPCEI (important
Petrobras FPSO Begins Oil Production
Petrobras PBR has started oil production from its deepwater project offshore southeast Brazil with its largest floating production, storage, and offloading (FPSO) unit, Almirante Tamandaré. This unit marks the inaugural
Preem & Imubit Partner To Lower Emissions Through AI
Imubit has entered into a partnership aimed at accelerating Preem’s sustainability journey through Imubit’s Closed Loop AIO technology. Preem has set ambitious goals for emissions reduction, including meeting net zero
VIDA bioenergy Glentham Injects First Biomethane to UK Grid
VIDA bioenergy, a fully owned subsidiary of VTTI, has announced that its facility in Glentham, United Kingdom, has injected its first biomethane into the UK’s National Transmission System. The plant
ADNOC Join Coalition for LNG Emission Abatement
ADNOC has joined the Coalition for LNG Emission Abatement toward Net Zero (CLEAN Initiative), the company announced on LinkedIn. This collaborative effort is led by the Japan Oil, Gas and
Johnson Controls Chosen for BP Hydrogen Plant
Johnson Controls Industrial Heating and Cooling Solutions Benelux has been awarded by Worley for the realisation of the central chiller plant for BP’s green hydrogen plant. Johnson Controls will design
Air Liquide Announces Electrolyser Projects
Air Liquide has announced two large-scale electrolyser projects to produce renewable and low-carbon hydrogen in Europe. The first project, ELYgator, an Air Liquide 200MW electrolyser, will supply both TotalEnergies’ industrial
Trigon & South Korea Sign MoU For Hydrogen-as-Ammonia Project
Trigon Pacific Terminals (Trigon) has signed a memorandum of understanding (MOU) with the Ulsan Free Economic Zone Authority (UFEZ) that will see the two entities establish a framework to expand
Mol Group Tests Production Of HVO & SAF
MOL Group has produced a diesel fuel containing hydrotreated vegetable oil (HVO), and sustainable aviation fuel (SAF) at the refinery of Slovnaft in Bratislava, Slovakia. The quality of the products
P2X Solutions Oy Starts Green Hydrogen Production
P2X Solutions Oy has started commercial operations of green hydrogen production at the Harjavalta facility in Finland. The company said on LinkedIn: ‘But this is where the exciting part begins!
Racing Champion & Inspirational Speaker Nicolas Hamilton to Headline StocExpo 2025
StocExpo, the world’s leading tank storage and energy infrastructure event, is delighted to announce that Nicolas Hamilton, British Touring Car driver and motivational speaker, will be the guest keynote speaker
