Features
Why three former Oiltanking colleagues decided to launch Tivoli Midstream during a global pandemic.
IN JULY 2020, three former Oiltanking colleagues and industry veterans announced that they had set up a new midstream, logistics and services company, Tivoli Midstream. Rance Fromme, Rick Adams and William Brod have over 70 years of experience between
them, and decided the time was right to go…
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The only things rising are bankruptcies and distressed asset sales in the US shale industry
WE’VE never had a downturn like this, that affected shale on a global basis as much as this has,’ says Daniel Lippe, managing partner at Petral Consulting Company in Houston, Texas. ‘Never in 100 years has demand suddenly evaporated as it did in March of 2020.’
COVID-19 quarantines kept cars in…
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Peter Lidiak, vice president of regulatory affairs, International Liquid Terminals Association (ILTA), looks at the latest US standards
SECURITY and safety are two core values of bulk liquid terminal operators. As part of the critical infrastructure community, bulk liquid terminals must pay close attention to the safety of not only their workers and contractors but also the communities in which…
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THE European Commission’s latest action in this area is the publication of a Clean Hydrogen Strategy.
The EU clean hydrogen strategy is focused on creating ‘clean’ hydrogen supply chains in the EU and developing EU leadership in clean hydrogen infrastructure such as electrolysers. The objective is to use clean hydrogen to help the process of decarbonising the EU economy in a cost-effective…
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IN THE second of the new professional webinar series, held on 18 June 2020, Tank Storage Magazine spoke to three experts to find out how the global oil storage market has been affected by the current COVID-19 pandemic and what might happen next.
The webinar, entitled ‘How COVID-19 & the plummeting oil price has impacted the global storage market’, was moderated by Patrick Kulsen,…
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EPCA acts as the primary business network in Europe for the global petrochemical community, bringing together more than 700 companies from more than 50 countries. Its annual meeting is the largest petrochemical industry event in Europe, and would normally attract around 2,500 attendees. While the global COVID-19 pandemic means the event cannot physically take place, organisers are still planning…
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SWEDISH chemical supplier and trader Wibax grabbed headlines recently when it bought Baltic Tank, a chemical terminals operator in neighbouring Finland.
Prior to the acquisition of Baltic Tank, Wibax already had nine terminals in Sweden and another in Finland, with a total storage capacity of 450,000 m3, and offices in Sweden, Norway and Finland. Its main storage products include tall oil,…
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WHILE much of the news in the tank terminals business is about the boom in oil storage as a result of COVID-19, companies storing other types of products are continuing to see steady, less dramatic demand increases. One such business is Maastank, a wholly owned subsidiary of the Dekker Group, situated in the Botlek area of the Port of Rotterdam.
Maastank specialises in handling vegetable oils,…
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IN THE 16th century, Antwerp, in Belgium, was already a hugely significant and growing global port, and it was said that half of the world’s trade passed through its docks. The traders brought great wealth to the city, which was growing rapidly. In a little over 150 years, the population had risen from around 20,000 to more than 100,000. It was in this bustling atmosphere that the general cargo…
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MEDIA reports of the release of hazardous vapours from a chemical plant in India with fatalities in the surrounding neighbourhood1,2,3 awakens memories of 2-3 December 1984 and the disaster in Bhopal4.
The incident in Visakhapatnam, Andhra Pradesh, India has multiple causes as described in the Report of the Joint Monitoring Committee to the National Green Tribunal5 which investigated the…
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THE LESSONS Learned Bulletin on Chemical Accident Prevention and Preparedness (CAPP) is a publication of the Major Accident Hazards Bureau (MAHB) of the European Commission’s Joint Research Centre (JRC). The MAHB is the EU’s centre of reference for study and exchange of information on chemical accident analysis and risk management. It fulfils obligations imposed by the Seveso Directive…
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HAVING officially left the European Union, the UK is now in an interim period covered by the Withdrawal Agreement, in which EU laws continue to apply. However, when we get to the end of 2020, all EU legislation will cease to apply in the UK – including REACH, the EU regulation concerning the Registration, Evaluation, Authorisation and Restriction of Chemicals
The Department for Environment,…
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VERITANK, a Houston-based autonomous robotic tank inspection provider, has recently successfully completed a round of non-destructive testing (NDT) on a plate with known manufactured defects that meet the standards of API 653, Annex G.5.1, Qualification Test Plates.
The testing took place at Veritank’s headquarters where the company has installed a high accuracy x,y,z submerged, 7’x 20’…
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EARLIER this year Saudi Arabianbased Manifa Petroleum Services was one of the many technology service providers that were tasked with the challenge of partnering with Saudi Aramco to reduce the company’s US$200 million maintenance and turnaround budget by a minimum of 4% over the next two years through 2022.
The company showed that by employing Oreco’s non-man entry closed loop tank cleaning…
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HIGH quality industrial valve components are becoming an increasingly important driver in the push for maximum operational efficiency. Exposure to extreme conditions, both externally and internally, can result in catastrophic failures due to corrosion, erosion and cavitation, and remain a root cause of depleting valve performance and failures.
For 13 years Provalve has provided specialist valve…
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THE INDUSTRIAL Internet of Things (IIoT) offers huge benefits to industry. With different parts of a facility connected centrally, data on temperature, pressure, inputs, outputs, flow and many more aspects can be gathered and monitored in real time, offering insights into plant performance, safety, and efficiency. This allows operators to make informed decisions on process improvements,…
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ROBOT implementation continues to increase globally and the rapid proliferation in robot capabilities – driven by innovations, means that they can do the jobs that are just plain dangerous for people. Not only can robots operate in hazardous environments where humans can’t, but they can also take on the tasks that pose a significant risk to human life.
Over the last year Re-Gen Robotics has…
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THE 650,000 bpd Dangote Refinery, under construction in Lekki, Nigeria, will be the world’s largest single train refinery, when complete. It is large enough to provide Nigeria’s entire domestic need for refined products, as well as products for export.
A big refinery needs a lot of tanks. At present, UAE-based firm ChemieTech of Sharjah is building 155 tanks at the site. Of these, 51 are…
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ACCORDING to the EIA’s most recent forecasts, global oil consumption will average 92.6 million bpd in 2020, down 8.1 million bpd from 2019. This decline comes from reduced travel and diminished industrial activities due to the COVID-19 pandemic.
While the decline in consumption has been immediate, the production and distribution chains (extraction, separation, transportation, storage, blending…
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IN PART 1, we established a foundation for determining what a corrosion rate is and how it is used to establish tank internal inspection intervals. In this part we provide the methodology for using survival analysis (Sidebar 1) to properly quantify the useful tank bottom life which may then be applied to managing the inspection protocols of tank populations.
[SIDEBAR 1: SURVIVAL…
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A new HCSS report finds that in a large-scale conflict, the Netherlands and the wider EU would struggle to meet surging military fuel demand while keeping the civilian economy running.
_via @TankStorageInfo
https://tankstorage.com/all-news/partner-news/europe-risks-fuel-shortages-in-wartime-new-hcss-report-warns/