News
Solutions provider, OCI Global and independent liquid terminal company, NuStar Energy have announced that their affiliates have entered into an agreement for OCI to transport ammonia on a new segment of NuStar Pipeline.
Under the arrangement, NuStar will install a new 14 mile pipeline segment that will connect OCI’s nitrogen facility in Wever, Iowa, USA with NuStar’s existing 2,000 mile…
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Iraq and TotalEnergies expect to kick-start a long-delayed $27 billion (€24.5 billion) project within the next two weeks, according to Iraq's oil minister Hayan Abdel-Ghani.
Abdel-Ghani said at a conference in Baghdad that he expects five side agreements, related to the deal, to be signed in the next two weeks. This would allow the project to commence.
Originally signed in 2021, the…
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The last large module has been delivered to the LNG Canada project in Kitimat, a joint venture comprised of Shell, PETRONAS, PetroChina, Mitsubishi Corporation and Korea Gas Corporation.
The construction of the project is now more than 80% complete and is getting ready to commission, start-up and operate.
When completed, the facility will consist of a natural gas receiving and LNG…
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Gasunie has completed the construction of a new natural gas pipeline in the Amsterdamse Bos, Netherlands.
At the moment, natural gas from the Groningen field is still used in industry. Due to the phasing out of production in Groningen, large companies such as power plants are switching to high-calorific natural gas.
Two 800 m sections of the pipeline are already complete. The total length of…
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JERA, through its subsidiary JERA Asia, has concluded a memorandum of understanding (MoU) with Summit Corporation, a subsidiary company of Summit Power International, the largest independent power producer in Bangladesh to collaborate on the development of LNG supply, storage and regasification and LNG.
In line with increasing gas demand and a decline in domestic gas production, Bangladesh needs…
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Engineering and technology company, Technip Energies and mechanical engineering group, John Cockerill have announced the launch of Rely, a unique provider of integrated and competitive green hydrogen solutions.
Rely will offer end-to-end solutions, from pre-final investment decision services including technical and financial advisory through to proprietary products, project execution and…
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SBM Offshore has announced it has signed a 10 year operations and maintenance enabling agreement with Esso Exploration and Production Guyana for the operations and maintenance of FPSOs Liza Destiny, Liza Unity, Prosperity and ONE GUYANA.
This agreement establishes the new terms related to the operations of the Guyana FPSO fleet for a period of 10 years up to 2033. This contract supports SBM…
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Exxon Mobil Corporation has announced first-quarter 2023 earnings of $11.4 billion (€10 billion). These earnings demonstrate structural improvements through growth of advantaged assets, mix improvements, and cost and execution efficiencies.
This included:
Increased oil and gas net production by nearly 300,000 oil-equivalent barrels per day versus first-quarter 2022, excluding divestments,…
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Enbridge has announced that, through a wholly owned subsidiary, it has entered into a definitive agreement with FortisBC Holdings to acquire its interest in FortisBC Midstream, which holds a 93.8% interest in Aitken Creek Gas Storage facility and a 100% interest in Aitken Creek North Gas Storage facility (collectively, Aitken Creek Storage) for $400 million (€362 million).
Aitken Creek…
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Singapore based global energy company, Pavilion Energy has announced a partnership with Japanese climate technology company, Asuene, to support and facilitate energy transition in Singapore and Japan. This will be done through trading of carbon offsets. The partnership is aligned with Singapore’s and Japan’s commitment to achieve net zero targets.
Ong Seng Leong, head of energy financial…
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Log on now to access the full issue of the April/May 2023 edition of Tank Storage Magazine. Packed with exclusive content, this issue is the latest instalment from the Tank Storage team.
But not for long! The June/July issue will be landing on shelves and desks in a matter of weeks. So, don't miss your chance to read all the exclusive interviews we've put together with Uniper's COO, Holger…
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Fulcrum BioEnergy announced on LinkedIn that airline, Jet2 (Jet2Holidays) has made a strategic, project level investment into Fulcrum NorthPoint. This is Fulcrum BioEnergy’s UK waste-to-SAF plant currently under development at Ellesmere Port in the North of England.
This move, by a leading UK airline, is a true show of commitment to the production and use of SAF in the UK.
Fulcrum BioEnergies…
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Join us at World Hydrogen Summit 2023, held at the Rotterdam Ahoy next week from 9 -11 May.
Our journalist, Molly Cooper, and our Key Account Manager, Gary Kakoullis, will be walking the exhibition floor and attending conferences next week in Rotterdam.
Make sure to pick up your copy of the April/May edition at the three-day event, and talk to our team about getting your company featured in…
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Provider of technical services, TÜV Rheinland has announced it has completed the acquisition of ABB’s UK technical engineering consultancy, part of ABB’s Energy Industries division.
ABB’s UK technical engineering consultancy will complement the existing risk, safety and integrity management services provided by TÜV Rheinland and will be integrated into its industrial services and…
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Fuel energy company, JERA has signed a LNG sales and purchase agreement (SPA) with LNG producer, Venture Global CP2.
According to the LNG SPA, JERA will purchase approximately 1.0 million tons (0.9 million tonnes) per year of LNG produced from the CP2 project in the United States, operated by Venture Global CP2.
This is a destination free FOB contract, which enable JERA to secure LNG in a high…
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Duisburger Hafen AG and Dutch developer and operator of liquid bulk terminals, Koole Terminals, have signed a joint letter of intent to develop a tank farm for liquid renewable fuels and raw materials such as ammonia in the Port of Duisburg, Germany.
Duisport CEO Markus Bangen says: ‘For the energy turnaround to succeed, Germany’s industry is dependent on the rapid expansion of a…
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https://vimeo.com/manage/videos/821601457In 2022, Exolum scooped the coveted gold trophy for Terminal of the Future. Hear how they did it.
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https://vimeo.com/manage/videos/821601241Rising Star for 2022, Caitlin Geisinger, explains what winning the gold prize means to her.
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https://vimeo.com/manage/videos/821608362TWTG's technical lead, Thijs Buuron tells editor Anamika Talwaria about his talk at StocExpo 2023.
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https://vimeo.com/manage/videos/821608234Editor Anamika Talwaria speaks to Mark Waddington, director at Channoil Energy, about his talk at StocExpo 2023.
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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/