News

TotalEnergies has acquired a 100% stake in renewables company, Total Eren. The deal follows the strategic agreement signed between TotalEnergies and Total Eren in 2017, which granted TotalEnergies the right to acquire all of Total Eren after a five-year period. The Total Eren team will be fully integrated within TotalEnergies’ renewables business unit. This should result in an increase in…
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https://vimeo.com/839640645/6d4c14c72a?share=copyExecutive summaryHosted by Tank Storage Magazine, the experts from Owens Corning discuss how thermal insulation can drastically increase energy and emissions savings and reduce overall lifetime costs at tank terminals.Real-life examples showcase the potential benefits of tank base insulation systems and different solutions for both new built as…
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Construction and infrastructure services group, Dura Vermeer is responsible for part of the dismantling of the Rotterdam company Aluchemie on the Oude Maasweg. On 6 July project director at Aluchemie, Geir Arne Nilsen and directors at Dura Vermeer, Monica Melis and Henk-Jan Slager signed the construction contract for the work. In February 2021, the production company Aluchemie, in Rotterdam,…
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Japan Organisation for Metals and Energy security (JOGMEC) has expanded its cooperation with Abu Dhabi National Oil Company (ADNOC). The expanded agreement was announced during the JAPAN-UAE Business Forum held in Abu Dhabi and adds the evaluation and application of technologies relating to carbon capture, utilisation and storage (CCUS) and methane management to existing areas of…
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Equinor has settled an agreement with Denham Capital to acquire Rio Energy, a leading onshore renewable fuels company in Brazil. The deal is in line with Equinor’s strategy to grow its onshore renewables business in select markets, through acquisition of local companies with high-quality teams and project pipelines. Following the transaction, Equinor will hold a 100% stake in Rio Energy and…
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Applus UK’s tank inspection team has allowed it to become the newest member of EEMUA’s Associate Scheme. The Applus team has wide experience in the field of storage tank testing and inspection and assisting tank owners to optimise their inspection intervals based on detailed inspection data and the application of remaining-life and RBI principles. The team’s tank inspectors are supported…
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Global towage provider, Svitzer and part of A.P. Moller-Maersk, has signed a 15-year agreement to service Gastrade’s Alexandroupolis Independent Natural Gas System (Alexandroupolis INGS) LNG terminal, the first offshore LNG project in Greece. Svitzer will apply its global terminal towage expertise and experience to rapidly set up towage services and support for advanced LNG operations at the…
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[caption id="attachment_25716" align="alignleft" width="300"] LBC Antwerp. Image: LBC Tank Terminals[/caption] LBC Tank Terminals has taken the final investment decision to expand the terminal in Antwerp, Belgium and has started the construction of 28 tanks, collectively providing a significant storage capacity of 80,000 m³. An integral part of the project is a state-of-the-art loading station…
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UAE’s clean energy company, Masdar, Mitsubishi Chemical Group Corporation and INPEX have signed an agreement to explore production of the world’s first commercial-scale polypropylene made from CO2 and green hydrogen in Abu Dhabi. The green hydrogen and CO2 will be converted to e-methanol which will subsequently be converted to propylene and polypropylene. [caption id="attachment_37426"…
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Impala and Exor have announced a new joint venture, TagHolding, to develop TagEnergy, a fast-growing company operating in the renewables and energy storage sectors. TagHolding will be TagEnergy’s largest single shareholder Jacques Veyrat, Impala’s CEO, says: ‘I am very excited to partner with Exor, a firm that shares Impala’s values and a common vision of responsibility towards the…
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Honeywell has announced it has agreed to acquire SCADAfence, a leading provider of operational technology (OT) and Internet of Things (IoT) cybersecurity solutions for monitoring large-scale networks. SCADAfence provides asset discovery, threat detection and security governance which are key to industrial and buildings management cybersecurity programs. Kevin Dehoff, president and chief…
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Handler and storage of bulk liquid products, IMTT has announced that ITT Holdings has successfully amended its existing revolving credit facility to include incentive pricing terms related to achieving various sustainability performance targets. The facility represents the company’s inaugural sustainability-linked loan and is issued under IMTT’s recently developed sustainability linked…
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Odfjell Terminal Korea (OTK) has successfully supplied 1,000 metric tonnes of green methanol to Maersk's newly built container vessel. The methanol dual-fuel engine vessel bunkered the special fuel at Odfjell's terminal in Ulsan, Korea, before embarking on her maiden voyage towards Copenhagen, Denmark, where she will be officially named in September. 'We congratulate Maersk on this important…
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Carbon capture company, Aker Carbon Capture and integrated energy and chemicals companies, Aramco, have signed a memorandum of understanding (MoU) to explore partnership opportunities to deploy carbon capture, utilisation and storage (CCUS) and industrial modularisation in Saudi Arabia. The MoU is expected to focus on carbon emissions reduction and removal through CCUS from industries and energy…
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Hy2gen, global producer of renewable hydrogen and hydrogen derivative plants, is planning to construct a 200 MW renewable ammonia production plant in Campeche, Mexico. The project, named Marengo, is expected to initially produce 180,000 tonnes of renewable ammonia annually for customers in the European Union. Ammonia has great potential to help decarbonise heavy industry and…
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Alkion Terminal Santander has announced the installation of a brand new, more efficient boiler. This sustainable innovation benefits the environment, business and its customers. By adopting lower-carbon heating alternatives, Alkion is taking climate action while improving the efficiency of its terminals. In 2022 the Alkion terminal on the north coast of Spain welcomed a new boiler that uses…
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On 10 July, a large fire broke out at Aftab's Bandar Abbas refinery in southern Iran. It is the second largest refinery in Iran. As the blaze developed, two of the five neighbouring tanks exploded and eight firefighters sustained superficial injuries. The fire was completely extinguished within three hours. Unsafe operation of a truck transporting crude oil materials during a period of…
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Nova Transportadora do Sudeste (NTS) has become the latest Latin American pipeline company to select Atmos for its natural gas transmission network. [caption id="attachment_31404" align="alignleft" width="300"] Pipelines leading to an oil refinery[/caption] The NTS network is made up of more than 2,000 km of pipeline and has the highest capacity of all pipelines in Brazil, with a transport…
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Port of Newcastle has announced 30 supporting partnerships will underpin its advancement towards a clean energy economy in the Hunter region, Australia. The partnerships complement the backing of the Commonwealth Government, with the Port securing a $100-million (€61.20 million) funding grant in the 2022 federal budget for the Clean Energy Precinct. Memorandum of understanding (MoU)…
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BASF and Yara Clean Ammonia are collaborating on a joint study to develop and construct a world-scale low-carbon blue ammonia production facility with carbon capture in the U.S. Gulf Coast region. The companies are looking into the feasibility of a plant with a total capacity of 1.2 to 1.4 MTPA to serve the growing global demand for low-carbon ammonia. Magnus Krogh Ankarstrand, president of…
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