News

A subsidiary of Libya's state-owned National Oil Corp (NOC) has signed a contract with Honeywell for engineering work on the planned South Refinery project, estimated to cost between $500 million (€464 million) and $600 million (€557 million). The project will be carried out in two phases. NOC has previously said South Refinery will produce cooking gas, jet fuel and other products,…
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On Sunday 26 March a major incident was declared after an oil leak was found from an onshore field in Dorset, UK. The leak had come from the Wytch Farm facility in the Purbecks, one of the largest onshore oilfields in Europe, owned by independent oil and gas company, Pernaco. A incident management team was activated immediately and the leak was contained. However, oil had already contaminated…
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Saudi Aramco has signed an agreement with Chinese partners for an oil refinery and petrochemical project in northeast China expected to start in 2026 to meet the country's growing demand for fuel and chemicals. Joint venture Huajin Aramco Petrochemical Company (HAPCO) will build and operate the complex which will house a 300,000 barrels per day (bpd) oil refinery and a cracker with an annual…
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French multinational industrial company, Air Liquide, has announced the construction of an industrial scale ammonia (NH3) cracking pilot plant in the port of Antwerp, Belgium. When transformed into ammonia, hydrogen can be easily transported over long distances. Using innovative technology, this plant will make it possible to convert, with an optimized carbon footprint, ammonia into hydrogen…
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South African lender, Absa Group, aims to cut its net carbon emissions to zero by 2050 by curtailing lending to coal, oil and gas projects as well as increasing its exposure to renewables. ‘While we recognise Africa's particular vulnerability to climate change, our approach to net zero also takes cognisance of the development needs of Africa's people,’ says Punki Modise, Absa Group's chief…
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Denmark has invited the Russian-controlled operator of the Nord Stream 2 pipeline to help salvage an unidentified object found close to the only remaining intact gas pipeline under the Baltic Sea. A response is still pending. The pipeline operator is controlled by Russian state-owned gas company Gazprom. Three explosions occurred in September 2022 on the Nord Stream pipelines. The blasts…
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Environmental technology company, Tecam has announced that it has been awarded three new projects for the removal of polluting emissions derived from the industrial processes generated at technically leader industrial sectors in Norway, Germany and France. Once these projects are installed, polluting emissions are expected to be eliminated up to 99.9% at the industrial sites where the equipment…
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Stolthaven Terminals has announced it has joined the Ammonia Energy Association (AEA), a global non-profit industry association that promotes the responsible use of ammonia as part of a sustainable energy economy. Stolthaven believes low and zero-carbon new energies have a critical role to play as the shipping, storage and logistics industries move from traditional petroleum-based marine fuels…
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A fire broke out on Wednesday 22 March at an INEOS phenol plant in Pasadena, Texas, USA Officials say that truck backed into a loading dock at the plant and caught fire. The truck driver was then taken to hospital. The fire also caused a brief closure to the Houston Ship Channel to traffic. The fire has since been successfully extinguished and reports say there was no danger to the community…
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Provider of consulting, engineering services and technologies, Technip Energies, has been awarded a contract by China National Offshore Oil Corporation (CNOOC) and Shell Petrochemicals. The contract is for the Huizhou Phase III project, a mega liquid ethylene cracker located in Huizhou, Guangdong Province, China. Technip Energies is providing the proprietary technology and process design for…
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British power generator Drax has announced it will pause its planned £2 billion (€2.26 billion) UK investment in bioenergy with carbon capture and storage (BECCS) until it receives more clarity on government support.  Drax welcomed the UK government's recent budget support for carbon capture and storage (CCS) but confirmed the company requires a firm commitment to BECCS before it could…
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Commissioning has begun at Technip Energies' Karbala refinery PMC project in Iraq. Located approximately 100 km (62 miles) from Baghdad, Iraq, Karbala is Iraq’s first new refinery in decades and is the first refinery in Iraq to meet Euro 5 fuel standards, which will greatly reduce emissions. The project is moving ahead and is scheduled to reach its full capacity of 140,000 barrels per day by…
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Exolum will operate the fuel storage terminal located at Shannon airport, Ireland, as the successful bidder of a tender process organised by the Shannon Airport Group. The company will manage the terminal with facilities for the receipt of fuel by vessel, as well as storage and dispatch, and will also be the only agent to provide into-plane fuelling services to the different airlines operating at…
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Robotic solutions and tank cleaning company, Gerotto has announced the company's new website and the new logo as part of a rebranding project. The little elephant that has distinguished Gerotto for over 20 years has been redesigned with an innovative approach to make it versatile and ready to speak the language of the metaverse and AI world. The payoff, innovation first, safety always,…
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US power and gas utility Sempra Energy has announced that the first phase of its proposed Port Arthur liquefied natural gas (LNG) export terminal will move ahead with investment firm KKR & Co agreeing to a minority stake in the project. Sempra Infrastructure Partners, the 70%-owned unit of Sempra, would target 20% to 30% of indirect ownership interest in the project, subject to the closing…
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The companies have signed a memorandum of understanding (MoU) that could accelerate green hydrogen as part of the energy transition in the UK. Lhyfe and Centrica will explore combing their expertise to collaborate on a pilot green hydrogen production site in the southern north sea. The pilot will aim to utilise Lhyfe’s expertise in green hydrogen production and Centrica’s experience in gas…
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Greenergy and Hydrogenious LOHC Technologies have agreed to pursue a joint pre-feasibility study on the development of a commercial-scale hydrogen supply chain with the aim of shipping low-cost green hydrogen from Canada to the UK. On arrival and discharge at the import location, the hydrogen will then be released from the liquid carrier for delivery as pure green hydrogen to end…
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On 14-16 March in Rotterdam, the Tank Storage Magazine team, along with organiser Easyfairs, held the StocExpo conference and exhibition. The leading event brought together a whole host of terminal professionals and industry experts looking to connect with each other and share exciting new innovations.   A YEAR OF FIRSTS With fresh branding to represent the energy transition and future…
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Norwegian independent oil and gas producer Okea has agreed to buy a 28% stake in Norway's Statfjord production licence from Equinor for $220 million.  The deal increases Okea's total production by between 13,000 and 15,000 barrels of oil equivalent per day (boed) in 2023 and by between 16,000 and 20,000 boed in 2024, lifting overall output next year to more than 40,000 boed.  Okea says:…
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The latest expansion of SNOC’s gas storage capacity includes two high-pressure compressor trains and associated tie-ins to its existing brownfield facilities at Sajaa. SNOC set a 10-month schedule from award to completion and successfully completed the project ahead of schedule. The project involved efforts from SNOC’s in-house project team and the EPC contractors Enerflex Ltd and…
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