News
Nordic Storage is implementing a new and improved operating management system (OMS). André Svensson, one of the company's HSEC coordinators, explains the benefits: 'The new OMS is a better and more effective way to ensure the safe, reliable, and responsible operations throughout our business. The aim of the OMS is to achieve quality at all levels and ensure the safety of our company, our…
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Vitol’s US upstream company, VTX Energy Partners has agreed to acquire 12,000 net leasehold acres contiguous with the Delaware Basin Resources position, acquired in March, bringing its total southern Delaware Basin position to 47,000 net acres.
It is VTX’s second acquisition since the partnership was established by Vitol and VTX last year. The assets include 12,000 net leasehold acres with…
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ExxonMobil Low Carbon Solutions’ has announced an new carbon capture and storage agreement with steel producers, Nucor Corporation.
ExxonMobil will capture, transport and store up to 800,000 metric tons per year of CO2 from Nucor’s manufacturing site in Convent, Louisiana, USA.
Dan Ammann, president of ExxonMobil Low Carbon Solution says: ‘Our agreement with Nucor is the latest example…
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Provider of technology and services for maritime and marine industries, HAV Group has agreed to become industrialistion partner for solution for emission free deep-sea shipping company, Pherousa Green Technologies (Pherousa), which is developing an ammonia cracker capable of converting ammonia to fuel cell quality hydrogen.
HAV Group currently holds a 10 percent ownership share in…
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Kinder Morgan has announced its plan to expand the working gas storage capacity at its Markham storage facility in Matagorda County along the Texas Gulf Coast, USA.
KMI has reached an agreement with private exploration and production company, Underground Services Markham, to lease an additional cavern at Markham to provide more than 6 billion ft3 of incremental working gas storage capacity. As…
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Michael Lewis has started at Uniper as the company's new CEO. The appointment was announced at Uniper's AGM on 24 May. On August 1, Carsten Poppinga will also start as Uniper's new chief commercial officer (CCO), seamlessly taking over from Niek den Hollander, who will step down as announced on July 31.
In a LinkedIn post, the company expressed its sincere gratitude to CFO, Dr. Jutta…
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QatarEnergy Trading has announced it has entered into a long-term LNG sale and purchase agreement (SPA) with Bangladesh oil, gas and mineral corporation Petrobangla.
The agreement is for QatarEnergy to supply about 1.8 million tons per annum (mtpa) of LNG to Bangladesh for 15 years, starting in 2026.
Minister of energy in Qatar and president and CEO of QatarEnergy says: ‘Today, we are proud…
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TotalEnergies has announced it is joining forces with global green energy company, Tree Energy Solutions (TES) to study and develop a large-scale production unit in the United States for e-natural gas (e-NG), a synthetic gas produced from renewable hydrogen and CO2.
The project, which is expected to produce 100,000 to 200,000 metric tons of e-NG per year, will be equally owned by the partners…
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Scully and Emco Wheaton have announced its latest innovation in fluid handling systems, TankTek.
Katrina Scully Ohl, Scully president and CEO says: ‘Together, we have developed a great solution. It is one that combines bottom loading vapor recovery with overfill prevention and static grounding verification, to help protect workers and the environment.’
The TankTek kit includes bottom…
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Colombian petroleum company, Ecopetrol and multinational energy company, Repsol report that the Tinamú-1 exploratory well, located in Meta, Colombia has confirmed the presence of heavy crude oil (16°API). This is a characteristic of this hydrocarbon-producing area of Colombia.
The well through which the discovery was made reached a total depth of 7,832 feet (approximately 2.4 km) and tested…
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Leading bank in Asia, UOB and global asset manager, Keppel have announced the signing of memorandums of understanding (MOU) to jointly develop and provide businesses across the region with sustainability and digitalisation solutions that will support decarbonisation
This collaboration brings together UOB’s sustainability and digital transformation financing solutions and tools and Keppel’s…
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Technology group, Wärtsilä has completed large-scale fire safety testing of its GridSolv Quantum energy storage system (ESS). This testing program have set a new standard for fire safety testing in the energy storage industry.
The large-scale fire testing exceeds the mandatory testing requirements of existing testing standards (such as UL 9540A) and was designed to simulate a worst-case…
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Koch Engineered Solutions (KES) has signed a memorandum of understanding (MoU) with equipment manufacturer, Chart Industries to collaborate in the development and implementation of Chart’s cryogenic carbon capture technologies, identifying sites where the technology can be deployed and developed.
Ben Gurtler, commercial director of carbon capture, KES, says: ‘With our advantaged capabilities…
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Mesa ETP have announced the development of FlexCore liquid mounted seal for tanks with armor fabric offering a significant reduce in tank emissions while ensuring performance and reliability.
Mesa ETP FlexCore liquid mounted seal is an engineered solution that uses tougher-than-steel armor fabric to provide industry-best emission control, durability, application flexibility and ease of…
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The International Liquid Terminal Association (ILTA) conference and trade show 2023 was held in Houston, Texas, on 22-24 May. As a key media partner, Tank Storage Magazine sent journalist, Cyann Fielding, and editor Anamika Talwaria, to report on the conference and connect with terminal operators, before heading down to the tradeshow.
Houston is widely recognised as a global hub for the oil and…
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Advario Singapore has announced that the company has entered a long-term partnership with climate change solutions company, Neste. Under the agreement Advario will provide integrated storage and logistics services for Neste’s sustainable aviation fuel (SAF).
The agreement between Advario and Neste will enable the storage of SAF and Jet A-1 (jet fuel), as well as the blending of SAF with Jet…
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Neom Green Hydrogen Company (NGHC) has announced it has now achieved financial close on the world’s largest green hydrogen production facility with the total investment value of $8.4 billion (€7.7 billion).
The plant is currently being built at Oxagon, in Saudi Arabia’s region of Neom. NGHC has also concluded the engineering, procurement, and construction (EPC) agreement with Air Products…
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Energy, commodities and services company, World Fuel Services (World Fuel) and Neste have announced they have signed agreement for sustainable aviation fuel (SAF), further strengthening the relationship between these two global companies.
The new supply agreement extends the already strong collaboration on SAF, which brings together Neste's well-established production capabilities with World…
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Hosted by the Port of Antwerp, the region’s leading breakbulk event AntwerpXL returns to Belgium on 28-30 November.
This specialised event is dedicated to the logistics of Breakbulk, RoRo and Heavy Lift and brings the international industry together in a relaxed environment of networking and thought-provoking content.
AntwerpXL provides the industry with a platform to forge lasting and…
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Transport, storage and infrastructure company, Northern Lights has entered into cross-border transport and storage agreement with offshore wind company, Ørsted.
Northern Lights JV and Ørsted announce the signing of a CO2 transport and services agreement (TSA) to store 430,000 tonnes biogenic CO2 emissions per year from two power plants in Denmark, Europe. This agreement represents a major…
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