News
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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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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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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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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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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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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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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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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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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Tank Storage Magazine has been reporting live from Houston USA as the ILTA conference and trade show gets underway for 2023. After a keynote luncheon by Dr David Mussington, CISA, the ILTA team announced the winners of this year's Safety Excellence Awards.
PLATINUM SAFETY: SMALLER COMPANY CATEGORY
The Colonial Pipeline Company
Zach Hauser, Senior Manager Terminal Operations, accepted…
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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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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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Roderic Heeneman has joined the Advario leadership team as its new senior vice president (SVP) strategy, portfolio and sustainability. Heeneman will be shaping and implementing Advario’s forward-looking strategy, mergers and acquisitions (M&A), as well an ambitious environmental, social and governance (ESG) agenda.
'We are very pleased to welcome Roderic at Advario,' says Bas Verkooijen,…
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The first phase of the renewal of the Europa Terminal at the Port of Antwerp-Bruges, Belgium, is underway. In order to continue to compete at the top level of world ports and offer customers additional container capacity and high-performance infrastructure, Port of Antwerp-Bruges and PSA Antwerp are investing in the upgrade of the quayside and automated yard of the Europa Terminal. The works…
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The Port of Neom in Saudi Arabia has announced it is now open for business. This is in line with Neom’s strategy and the Saudi Ports Authority’s efforts to transform local ports into globally competitive logistics hubs.
Located in Oxagon, the port, which is the primary seaport of entry to the northwest of Saudi Arabia, has been renamed as Port of Neom. Since the transfer, key capabilities…
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The Jacksonville Port Authority (JAXPORT) has facilitated the move of specialty liquefied natural gas (LNG) storage tanks through the port’s Blount Island Marine Terminal, Florida, USA. Owned by LNG supplier Eagle LNG, half of the tanks will be used to temporarily increase storage at its Jacksonville LNG bunker facility near the Talleyrand Marine Terminal, Florida, USA and the other half will…
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Gibson Energy has announced it has sanctioned the construction of two tanks, representing 870,000 barrels of new tankage, at its Edmonton Terminal underpinned by a 15 year take-or-pay and stable fee-based contract agreement with Cenovus Energy Inc., an investment grade, senior integrated oil sands customer.
Steve Spaulding, president and CEO at Gibson Energy says: ‘Gibson is very pleased with…
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Molly Cooper investigates the factors involved in the transition to storing hydrogen as an industrial fuel
Today, the majority of hydrogen is used by the refining and chemical industries. Hydrogen is a versatile and clean-burning fuel that has the potential to play a significant role in the global energy transition. Unlike fossil fuels, hydrogen produces no greenhouse gas emissions when it is…
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Lab tests and field studies identify coatings that streamline tank cleanings, adhere under pressure and withstand aggressive chemicals
Whether exploring offshore or onshore, oil and gas companies require versatility and consistency in their operations – particularly when it comes to the various tanks used to store and process fluids. Tanks holding aggressive chemicals may need to go lengthy…
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The Tank Storage Magazine team is heading off to Texas for the ILTA conference on May 22-24. Here’s a preview of what’s in store
The ILTA conference is the largest liquid terminal industry event in the USA, and returns to Houston on 22-24 May 2023. Tank Storage Magazine is proud to be the official media partner and door-drop sponsor for the event – meaning many of you are likely reading…
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