News

Cheniere Energy has announced it will supply 1.8 million tonnes of liquefied natural gas (LNG) per annum to China's ENN Natural Gas for over 20 years. The United States has emerged as the world's largest LNG exporter after western sanctions on major supplier Russia left Europe scrambling to find alternate sources for the commodity. In 2021, ENN signed a 13-year deal to buy LNG from Cheniere…
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Italian multinational energy company, Eni S.p.A. (Eni) is pleased to announce that along with Norwegian oil and gas company, Vår Energi ASA (Vår) it has reached an agreement to acquire independent energy company, Neptune Energy. Eni will acquire assets comprising Neptune’s entire portfolio other than its operations in Germany and Norway. German operations will be carved out prior to the Eni…
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Yara Clean Ammonia (YCA) and Bunker Holding Group have signed an MoU to accelerate the market for clean ammonia as a shipping fuel. This agreement connects two key elements of the supply chain needed to achieve this: a global ammonia supplier and the bunker supplier with the most end users today. Murali Srinivasan, SVP commercial of Yara Clean Ammonia, says: ‘We look forward to collaborating…
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Aramco and TotalEnergies have awarded engineering, procurement and construction (EPC) contracts for the $11 billion (€10.1 billion) Amiral complex. The contracts are for the main process units and associated utilities at the expansion of the SATORP petrochemicals facility in Saudi Arabia. The award of EPC contracts marks the start of construction work, following the final investment decision…
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ExxonMobil has announced it is helping the industries in Louisiana’s Vermilion Parish, USA to reduce their emissions and become home to a landmark CO2 transportation and storage project. Exxon Mobil made the following contributions to the university: Two $50,000 (€46,700) endowed scholarships for first-year students from Vermilion Parish who are pursuing degrees in the university’s…
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Uniper has announced that the consortium partners of Bad Lauchstädt Energy Park, Germany, have given the final go-ahead for realisation of this innovative hydrogen project. Bad Lauchstädt Energy Park is going beyond the theoretical planning phase and moving on to physical implementation. Construction work that is due to continue for several years was officially commenced at a ceremony and was…
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Liquefied petroleum gas (LPG) suppliers, Flogas Britain, has completed the ‘gas-up’ phase of commissioning on what will become the nation’s largest above ground LPG storage terminal. Read our exclusive profile with Flogas Britain The project, will increase Flogas’ LPG storage capability, improving the UK’s off-grid gas infrastructure, and providing greater security of supply to…
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Port of Bilbao and Port of Amsterdam, together with the Energy Agency of the Basque Government (EVE), Petronor, SkyNRG, Evos Amsterdam and Zenith Energy Terminals, have signed a memorandum of understanding (MoU) for the development of a renewable hydrogen corridor between Bilbao and Amsterdam. Read more clean energy news from Port of Amsterdam The corridor will focus on the maritime route…
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The Netherlands and Belgium have signed an agreement in Antwerp today to cooperate more in the field of transport and storage of CO2. Both countries want to make the industry more sustainable through cross-border transport of CO2 between ports and industry, such as in Antwerp, Ghent, Rotterdam and Zeeland. Both countries are also committed to future storage of Belgian and Dutch CO2 in empty…
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Oman’s hydrogen development entity, Hydrom, has awarded land to French energy company, Engie, following a tender process. This is the first step towards Engie’s plan to build an integrated renewable ammonia plant. The $7 billion (€6.4 billion) project will be managed by a consortium of companies, including Posco, several South Korean power companies, Samsung Engineering and a subsidiary of…
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Cheniere Energy has confirmed a long-term agreement with Norway's Equinor to supply 1.75 million tonnes per annum (MTPA) of LNG, for expansion of the Sabine Pass in the Gulf of Mexico. The supply agreement is for 15 years, starting from the first delivery of total contract volume. The contract will help build commercial momentum for the proposed Sabine Pass LNG expansion, which will add 20…
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You may have noticed something different around here... We've launched a brand new website with the aim of becoming the tank storage sector's leading community platform. You'll find the new website is much easier to navigate, but is packed with the same great content you've come to expect from us. That includes daily breaking news, exclusive online articles, and even more video content than…
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Engineering and technology company for the energy transition, Technip Energies (T.EN) has announced the launch of Capture.Now, a strategic platform that brings all its carbon capture, utilisation and storage (CCUS) technologies and solutions in one place. Building on this new platform to further its ambition to lead the CCUS market, T.EN is launching Canopy by T.EN, an integrated range of…
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VTTI is exploring the development of a modern bio-energy installation to produce green gas at Zevenellen business park (Leudal, Limburg, the Netherlands). The project would bring together clean energy and principles of a circular economy at the business park. The first step for the environmental impact assessment is being prepared. VTTI Bio-Energy Limburg forms part of VTTI’s strategy and its…
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Australian petroleum exploration and production company, Woodside Energy has made a final investment decision to develop the large, high-quality Trion resource in Mexico, with the first oil targeted for 2028. Read more on Woodside Energy  The resource will be developed through a floating production unit (FPU) with an oil production capacity of 100,000 barrels per day. The FPU will be connected…
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Japan Airlines (JAL) has signed an agreement with Shell Aviation for its aircraft to be refuelled in Los Angeles, USA with sustainable aviation fuel (SAF) from 2025. This agreement supports JAL’s ESG target of replacing 1% of its whole jet fuel amount with SAF in fiscal year 2025. Under the agreement, Shell will supply JAL with SAF volumes equivalent to its current estimated jet fuel uplifts…
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Neste, Gasgrid Finland, Helen, and Vantaa Energy have started preliminary studies on the development of an industrial hydrogen valley in the Uusimaa region, Finland. The joint effort is a step forward in driving Finland as a leading hydrogen economy in Europe. The move will create industrial investment opportunities and support Europe’s carbon neutrality goals. The industrial hydrogen valley…
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Nigerian oil company, NNPC has announced that four significant memorandum of understandings (MoU) related to the Nigeria Morocco Gas Pipeline Project were signed. The MoU’s were signed by: Nigerian National Petroleum Company Limited (NNPC) Office National des Hydrocarbures et des Mines (ONHYM) Société Nationale des Opérations Pétrolières of Cote d’Ivoire (PETROCI) National Oil…
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Sherwin-Williams Protective and Marine has announced its new line of Heat-Flex CUI-mitigation coatings to help mitigate the dangerous condition of corrosion under insulation (CUI). The line includes Heat-Flex ACE (advanced CUI epoxy), which is an ultra-high-solids epoxy novolac developed with a functional chemical enhancement for CUI mitigation. In addition, three coatings featuring a high…
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Canadian-based liquids infrastructure company, Gibson Energy has announced it has entered into an agreement to acquire 100% of the membership interests of South Texas Gateway Terminal, USA for a total purchase price of $1.1 billion (€1 billion). Through the transaction, Gibson will acquire the South Texas Gateway Terminal liquids terminal and export facilities globally with direct pipeline…
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