News

Apr 8, 2025
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 over 1,400 tonnes of Australian steel and delivered with 165,000 site hours - without an MTI or LTI - this project showcases Quantem’s commitment to safety and quality. The diesel…
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Apr 8, 2025
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 Wärtsilä’s ability to meet the growing demand for developing and delivering sustainable technologies in marine and energy and to support fuel applications needed in the…
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Apr 7, 2025
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 project management specialists will form part of PDO’s front-end engineering design (FEED) office, delivering complex front-end energy transition and carbon capture projects for PDO. The cohort…
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Apr 4, 2025
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 up worldwide between 2025 and 2027, announced as part of Bp’s reset strategy to grow the upstream. Production from Cypre will make a significant contribution towards the 250,000 barrels of oil equivalent per day…
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Apr 4, 2025
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 would be up to 100,000 tonnes of e-methanol per year, which is produced from renewable electricity and captured CO₂. The agreement is the starting point for negotiations to…
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Apr 4, 2025
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 progress towards lower-emission logistics. Both companies embarked on a trial which took place from December 2024 to February 2025, in which Neste MY Renewable Diesel was used in Singapore…
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Apr 3, 2025
Genoveva Climent, Port Tarragona’s commercial & business development director shares stories from three bulk liquid storage companies operating in this Spanish energy hub [caption id="attachment_59443" align="alignright" width="225"] Tepsa Iberia’s solar panels[/caption] Sustainability and challenge are two words that go hand in hand; even more so in these uncertain times in which we are…
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Apr 3, 2025
As FuelEU Maritime regulations come into full force this year, Lara Naqushbandi, CEO of e-fuels developer ETFuels, looks at what the industry needs to know, and how best to prepare [caption id="attachment_59436" align="alignright" width="200"] Lara Naqushbandi, CEO of ETFuels[/caption] FuelEU Maritime has come into effect this year, yet few in the marine industry have really thought through the…
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Apr 3, 2025
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 energy system will provide a reliable power supply tailored to support the terminal’s daily operations, such as powering its terminal equipment, refrigerated containers, and administrative and maintenance…
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Apr 2, 2025
Dependable factory calibration saves time during commissioning and provides better accuracy assurance than field calibration, says Daniel Hoy, Endress+Hauser Since the dawn of human history, trade has been an essential part of the social construct, and every fair exchange depends on mutually agreed and fulfilled measures of goods. In trade industries, especially in the custody transfer of…
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Apr 2, 2025
TWTG's NEON Temperature Sensors have been deployed in Iraq. In a post on LinkedIn, the company says: ‘We’re excited to share that our NEON Temperature Sensors have now been deployed in Iraq. A big thank you to our partner AL MARAFAA DMCC for their expertise and support in making this possible. The sensors are installed at wellheads, where precise temperature monitoring is critical for safety…
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Apr 2, 2025
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, and the unified brand integration under ‘MOL Chemical Tankers,’ will be implemented from the effective date. This merger marks a significant step in strengthening MOL Chemical…
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Apr 1, 2025
StocExpo 2025 concludes with powerful conversations, new innovations, and a vision for the future of tank storage The 20th edition of StocExpo, the world’s leading tank storage and energy infrastructure event, came to a close after two impactful days of insight, innovation, and inspiration at the Rotterdam Ahoy. Held during a pivotal time for the global energy sector, StocExpo 2025 delivered…
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Apr 1, 2025
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 supply volume of approximately 6.5 million tonnes per annum (mtpa). The acquisition includes Pavilion Energy’s portfolio of LNG offtake and supply contracts, regasification…
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Apr 1, 2025
Baker Hughes has announced that it has secured an enterprise agreement with Sinochem, a multinational chemical conglomerate, to deploy its Cordant Asset Health across ten of its chemical production plants in China. The agreement represents the first advanced enterprise-level digital deployment of Cordant in the region and highlights its continued expansion into chemical and industrial…
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Mar 31, 2025
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 propulsion. The vessel will run 100% on bio-LNG for the remainder of 2025, reducing Avenir's CO2 emissions by more than 3,500 tonnes per year, equivalent to the annual emissions of over 2,000 passenger vehicles. As a leading…
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https://youtu.be/azxon0A07VIEllen Daniels from the British Compressed Gases Association hosts a panel at StocExpo 2025, discussing how emissions control measures have changed over the years and looking towards the future of net-zero initiatives. She was joined by industry experts Margit Blok from VTTI, Peter Kerkhof from EEMUA and Shell, and Willem van der Zon from Vopak Share this…
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Mar 31, 2025
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 to customary closing conditions and the receipt of regulatory approvals the transaction is expected to be completed in the second half of 2025. The agreement follows a competitive M&A process that began…
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Mar 28, 2025
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 reduces methane emissions when operating with LNG fuel. The ship is being built at the Hudong-Zhonghua Shipbuilding yard in China, and the order was booked by Wärtsilä in Q4 2024. LNG…
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Mar 27, 2025
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 Stockholm Exergi to transport and store 900.000 tonnes of biogenic CO2 annually for 15 years. Customer commitment is a decisive part of realising a carbon capture, transportation and storage (CCS)…
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