News
Lochard Energy is set to receive $2 m from the Australian Renewable Energy Agency (ARENA) for an 18-month feasibility study to assess the technical and commercial viability of storing hydrogen underground in existing gas reservoirs near Iona, Victoria, Australia.
This is the second phase of Lochard’s H2Restore Project which aims to support Australia's National Electricity Grid (NEM) by…
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Many tank operators will be familiar with EEMUA Publication 159 Users’ Guide to the Inspection, Maintenance, and Repair of Above Ground Flat Bottomed Storage Tanks. This has become the de facto standard for stakeholders in such equipment and is widely used worldwide. Specific and comprehensive guidance for the use of plastic tanks is also provided in EEMUA Publication 225 Above Ground Plastic…
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On 3 April, Belgian Energy Minister Tinne Van der Straeten visited TotalEnergies' Antwerp refinery battery storage project. TotalEnergies announced the development of a second similar project in Belgium on the occasion.
The new project will be developed on the site of TotalEnergies’ depot in Feluy. It will have a power rating of 25 MW and capacity of 75 MWh, thanks to the 40 Intensium Max High…
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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 25 years of experience in the fertilizer industry, including 12 years with Norsk Hydro and Yara International (between 1997 and 2009), where Raen held commercial and managerial roles in Europe and Africa.
Raen…
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Tomas Hasselgren at Emerson explains how integrating non-contacting radar level gauges into tank gauging systems provides an accurate solution
Demand for liquefied petroleum gas (LPG) is increasing globally. A major reason for this growth is that LPG – a hydrocarbon gas consisting primarily of propane, butane, or a mixture of both – produces lower greenhouse gas emissions than…
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Ion Agirre and Laura Barrio from the SherLOHCk project discuss the challenges of storing and transporting hydrogen
Hydrogen is emerging as the preferred energy source in the battle against greenhouse gas emissions, with a notable emphasis on obtaining green hydrogen. Its integration with renewable sources is pivotal to smoothing out production fluctuations and facilitating energy…
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In the dynamic and challenging landscape of the petrochemical industry, the quest for innovative solutions to enhance safety, durability, and efficiency has never been more critical. Dantec has now made advancements in PTFE-coated hose fittings, reshaping the way industries address challenges in applications where traditional metal fittings are not suitable. Dantec composite hoses have earned a…
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McDermott has been awarded a sizeable offshore transportation, installation and commissioning contract from PTTEP Sabah Oil Limited (PTTEP) for the Kikeh subsea gas lift project, located 75 miles (120 kilometres) northwest of the island of Labuan, offshore Sabah in East Malaysia.
Under the scope of the contract, McDermott will remove the existing flexible gas lift riser and perform the…
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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 on 5 July.
These businesses had previously been joint ventures between the two companies. A number of other infrastructure assets have also been acquired including part of…
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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 acquisition of Tokyo Gas' interests in a portfolio of Australian integrated LNG projects.
The acquisition includes Tokyo Gas’ interests in the Gorgon LNG, Pluto LNG and Queensland Curtis LNG…
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In the world of aboveground storage tanks (ASTs), project managers who oversee storage terminals grapple with numerous challenges each day. These range from tight budgets and high maintenance expenses, to the critical need for minimizing tank downtime while maintaining safety records. Mesa ETP recently collaborated with a project manager who dealt with these challenges and was presented with Mesa…
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The experts at Owens Corning explain how to properly manage the risk of corrosion under insulation
Industrial environments often present extreme conditions when it comes to insulating storage tanks and vessels. This includes a broad range of internal storage temperatures, volatile products and possible harsh weather conditions like high winds, flooding, and external temperature extremes.…
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Setpoint Integrated Solutions has announced a strategic alliance with Protego, a global leader in tank equipment and safety solutions for industrial process applications. As of April 1, 2024, Setpoint Integrated Solutions will officially represent the Protego brand across the Texas Gulf Coast, Louisiana, Arkansas and Mississippi markets.
[caption id="attachment_22413" align="alignleft"…
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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 VLSFO B30 was delivered on 14 March 2024 to the vessel Grand Hero, a vehicle carrier chartered by Hyundai Glovis.
The delivery was carried out by Vitol Bunkers’ vessel the Marine Future, a specialised bunker barge that…
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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 what Elite Membership looks like. Enjoy complimentary access to all online features, webinars on demand and StocExpo conference content.
Missed our webinar about the brain drain in tank storage? Watch the replay…
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Fives has been selected by the Chinese company Zhonglv Zhongke Energy Storage Technology Co for the supply of cryogenic equipment as part of the largest renewable energy storage project on an industrial scale.
[caption id="attachment_40568" align="alignleft" width="491"] Fives cryogenic storage[/caption]
The storage unit operated by Zhonglv Zhongke Energy Storage Technology Co will be installed…
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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 will own a 25% share in the Bayou Bend project, alongside Chevron (50%, operator) and Equinor (25%). Bayou Bend project is a major CO2 storage project located along the Texas Gulf…
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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 (€92 million) in federal funding to construct a groundbreaking Power-to-X facility, called Star e-Methanol, along the Texas Gulf Coast.
Ørsted’s project was selected as one of 33 projects across more than…
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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 purchase agreement (SPA) for 0.5 MTPA of LNG from Texas LNG.
'We’re thrilled to welcome Gunvor to our portfolio of customers, connecting Texas LNG, one of the lowest-emitting liquefaction facilities in the…
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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 Adriatic LNG, which operates the regasification terminal located 15 km off the coastline of Veneto region in Italy.
Adriatic LNG terminal has a technical regasification capacity of 9.6…
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