News
The UK and the Republic of Korea are to collaborate more closely on the development of renewable energy sources and move towards energy independence.
Energy Security Secretary, Grant Shapps has joined forces with the Republic of Korea to collaborate on accelerating the move towards a cleaner, more energy-secure future, including renewables and nuclear.
UK companies already represent 60% of…
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Independent oil and gas company, Harbour Energy and energy giant, Bp have announced that they have entered into an agreement to develop the Viking CCS transportation and storage project, the Humber, UK.
Under the terms of the agreement, Harbour will continue as operator of Viking CCS with a 60 per cent interest and Bp will acquire a 40 per cent non-operated share. Located close to the heavily…
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Tobias Behncke has taken charge of Retrack Germany. His new role at VTG gives him the responsibility for Retrack Germany’s pan-European traction and logistical services.
Tobias Behncke has accumulated over 20 years in the transportation and rail logistics industry. Before moving to VTG, Behncke led the Intermodal Services activities of European Cargo Logistics, a subsidiary of the LHG…
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Energy giant, Vopak has provided an update on its LNG project portfolio. The update includes a principle agreement with energy network operator, Gasunie. By the terms of the agreement Vopak will acquire 50% of the shares in EemsEnergyTerminal B.V, located in the Eemshaven in the Netherlands. This transaction is expected be completed latest by 1 October 2023.
The LNG terminal has been…
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Liquid energy storage and logistics provider, Advario B.V, has announced it has signed a sales and purchase agreement with anode producer, Aluchemie.
The agreement sees Advario acquire Aluchemie’s land lease. Establishing a presence in the Port of Rotterdam, at the heart of the Botlek area, Advario looks to develop the storage terminal for the energy products of the future, together with its…
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Join us at NISTM - National Institute for Storage Tank Management from the 12-14th April!
Our Editor, Anamika Talwaria, and our International Sales Manager, David Kelly, will be at booth 123 next week in Orlando, Florida.
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 the upcoming June/July…
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Loading and coupling systems specialist, OPW Engineered Systems has announce the launch of its new Stop-Lok multi-application coupler for use in connecting piping and hoses that are used in higher heat and pressure fluid-handling applications. This evolution of traditional union features a compact structure with increased functionality, with no tools required to complete the connection…
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Impala Terminals has officially opened its first Australian energy import, storage and distribution terminal, Kwinana Bay, Western Australia.
Strategically located next to the Kwinana Bulk Jetty (KBJ), Impala Terminals Kwinana will bring fuel distributors alternatives to serve Perth and the surrounding region, creating a more resilient energy market and greater supply security to the people of…
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Finnish biofuel producer Neste plans to start commercial production at its renewable fuels expansion project in Singapore in the coming weeks after trial runs.
Neste plans to inaugurate the 1.3 million tonne-per-annum (tpa) plant next month.
The plant will boost Neste's sustainable aviation fuel capacity by up to 1 million tpa, in addition to a 500,000 tpa project at its Rotterdam…
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Evos Hamburg, the Lother Group and E-Fuel GmbH have announced that they will be cooperating with the intention of establishing the Hamburg Blue Hub.
This is a core initiative within a chain of other projects that are required to get ready for the import of green hydrogen and hydrogen-based fuels in Hamburg. The aim is to establish Hamburg as key distribution centre for green fuels in…
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TechCrunch+ has reported that global monitoring services company, Orbital Sidekick has raised $10 million (€9.12 million) to introduce hyperspectral imaging to oil and gas pipeline monitoring.
The deal was led by Energy Innovation Capital, with additional participation from major North American energy companies Williams and ONEOK. The University of Minnesota’s Endowment and existing…
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Iraq's federal government and the Kurdistan Regional Government (KRG) have signed a temporary agreement to restart northern oil exports through Turkey, as part of a broader deal to end decades of political and economic disputes.
Turkey stopped pumping about 450,000 barrels per day of Iraqi crude through a pipeline from the Fish-Khabur border area to its Ceyhan port on March 25, after Iraq…
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French oil major TotalEnergies has confirmed it has reached an agreement with the Iraqi government on a long-delayed $27 billion (€24.6 billion) energy project, reviving a deal that aims to bring back foreign investment into the country.
The deal was signed in 2021 for TotalEnergies to build four oil, gas, and renewables projects with an initial investment of $10 billion (€9.1 billion)…
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Stolt-Nielsen Limited has announced its unaudited results for the first quarter ending February 28, 2023. The company reported a first-quarter net profit of $99.8 million (€91.1 million), with revenue of $708.7 million (€646.9 million), compared with a net profit of $95.3 million (€86.9 million), with revenue of $732.5 million (€668.6 million), in the fourth quarter of 2022.
Highlights…
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Energy infrastructure company, Kinder Morgan has announced the full commercial in-service of its Southern and Northern California, US, renewable diesel (RD) hub projects.
RD is an alternative fuel that allows trucks, trains and any equipment that uses diesel to operate with significantly lower life-cycle emissions. Now in full operation, Kinder Morgan’s RD hubs are the most efficient and least…
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https://vimeo.com/815287405?share=copyExecutive summaryHow do you choose the best measurement technologies to improve visibility across your facility? How do you monitor and control your facility leveraging automation? In this webinar, Varec will share best practices based on our many decades of experience helping customers across thousands of sites worldwide.Chair &…
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Energy and commodities company, Vitol has announced the delivery of the first LNG cargo into Finland’s new Inkoo terminal. The cargo was ordered by Elenger, the largest privately owned energy company in the Finnish-Baltic region.
The cargo originates from Vitol’s portfolio of US origin LNG and was transported in the Vivit Americas LNG, a modern LNG tanker which is part of the Vitol fleet.…
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Holger Kreetz, COO & CSO at Uniper, explains how the company’s game changing FLNG unit is delivering on Germany’s energy security.
THE IDEA for a floating LNG unit in Germany was first considered in the 1970s. In that way, Uniper places itself well and truly ahead of the curve. ‘Uniper bought the land back in the 70s and had the designs drawn up,’ says chief operating officer and…
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Molly Cooper discovers how PetroSeraya is keeping up with larger terminals as a niche player in the market.
PetroSeraya began as the fuel management arm of YTL PowerSeraya, a multi-utilities provider, which is responsible for generating 15.4% of Singapore’s electricity. Over the course of a decade-long joint venture with OilTanking from 1996-2006, YTL PowerSeraya dedicated three of its fuel…
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Gizil GmbH CEO, Esma Gulten, shares her story of perseverance and entrepreneurship in a male-dominated industry.
Established in 2012, Gizil is a full-service engineering, procurement, and construction provider for the tank terminal industry that focuses on the digitalisation of facilities. CEO Esma Gulten founded the company with her partner, having worked in the tank terminal industry for some…
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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/