News
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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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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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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ACTAD has announced the opening of its new greenfield liquid bulk terminal in Khalifa Port, Abu Dhabi, UAE, and will commence operations on July 1, 2023.
The state-of-the-art terminal offers facilities and services for storing and transporting liquid bulk, ensuring high levels of safety, efficiency, and sustainability.
ACTAD’s mission is to provide customers with unparalleled service and…
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Buckeye Partners has announced that it is launching BAES Infrastructure, a diversified energy company that will focus on the development, construction, and operation of energy transition projects. BAES Infrastructure will pursue new energy transition-related opportunities, with its seed assets being Swift Current Energy, OneH2, Bear Head Energy, a low carbon hydrogen and ammonia project under…
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Midstream energy company, Energy Transfer LP and independent energy company, Lotus Midstream have announced that they have entered into an agreement in which Energy Transfer will acquire Lotus Midstream Operations, LLC. This acquisition will cost approximately $1.45 billion (€1.33 billion).
Lotus Midstream owns and operates Centurion Pipeline Company, an integrated, crude midstream…
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Norway's Yara, the world’s largest ammonia distributor, and Canadian energy infrastructure company, Enbridge, plan to invest up to $2.9 billion (€2.6 billion) to build a low-carbon blue ammonia production plant in Texas, USA.
The plant is to be built at the Enbridge Ingleside Energy Center near Corpus Christi. It will use carbon capture and storage (CCS) technology to ensure the…
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Bulk liquid storage and logistics company, IMTT has announced plans to consolidate its existing bulk liquid storage operations in Bayonne, New Jersey, US. This will free up approximately 130 waterfront acres for redevelopment on its 450-acre property.
The consolidation will enable IMTT to serve its bulk liquid customers more efficiently and attract additional economic development opportunities…
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Essar Oil UK has announced that Mike Mackay has been appointed to the role of chief transformation officer at Essar Oil UK. Mike will also join the company’s executive leadership team.
Mike has over 25 years of experience in the oil and gas industry. He also has extensive knowledge of refining and the downstream oil sector in the UK. He recently returned to Essar from a successful…
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His Royal Highness Crown Prince Frederik of Denmark officially initiated a world first with the safe injection of carbon dioxide from Belgium into a depleted oil field in the Danish North Sea.
Project Greensand, a consortium of 23 organisations, showcases the feasibility of CO2 storage from being captured at an INEOS Oxide site in Belgium, to being transported cross-border and finally safely and…
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The head of Ukraine’s state-owned oil and gas company Naftogaz Group, Oleksiy Chernyshov is promoting Ukraine’s competitive underground gas storage (UGS) facilities and production cooperation opportunities for Europe, during a two-day trip to Brussels.
Chernyshov says: ‘Our goal is to strengthen cooperation with our European partners, including storing European gas reserves in…
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The Tank Storage Association has appointed Wilma Kelly, HSE director at Certas Energy, as its new president, following a vote at the TSA's annual general meeting. The trade association represents all aspects of the UK’s bulk storage and energy infrastructure industry.
Kelly succeeds Adrian Jackson, chief executive of the Oil and Pipelines Agency. 'I am honoured to take on the role of president…
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Exolum is taking another step forward in its decarbonisation and diversification strategy by becoming a shareholder of H2Vector - a technology start-up, based in Asturias, Spain. H2Vector aims to provide energy solutions to enable the decarbonisation and electrification of society, based on renewable hydrogen. The company is conducting research into new forms of storage and transportation of…
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Energy technology company, Baker Hughes has announced it has been awarded an order by Bechtel to supply two Main Refrigerant Compressors (MRCs) for Sempra Infrastructure’s Port Arthur LNG Phase 1 project in Jefferson County, Texas, US.
Through the Port Arthur LNG Phase 1 project, Sempra Infrastructure aims to deliver critical new export infrastructure in the U.S., which will help meet…
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ExxonMobil has announced the successful startup of its Beaumont refinery, US, expansion project, which adds 250,000 barrels per day of capacity to one of the largest refining and petrochemical complexes along the U.S. Gulf Coast.
Karen McKee, president of ExxonMobil product solutions says: ‘ExxonMobil maintained its commitment to the Beaumont expansion even through the lows of the pandemic,…
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BlastOne, the leading global provider of blasting and painting equipment and supplies, has announced the acquisition of VertiDrive, located in Rotterdam, the Netherlands.
BlastOne has been acting as a sales partner for VertiDrive for over five years. The acquisition will enable BlastOne to improve customer support and provide innovative solutions for automating blasting and painting…
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Enfinium, one of the UK’s largest energy from waste operators, and Navigator Terminals, leading bulk liquid storage provider, have announced they have signed a memorandum of understanding (MoU) to collaborate on the development of the UK’s first ‘Rail to Zero’ carbon capture rail corridor, that would enable dispersed industrial sites to permanently store their emissions.
They plan to…
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Hot off the press after an incredibly successful StocExpo, the Tank Storage Magazine team has delivered another exciting edition, packed with exclusive interviews, insights and updates.
In the April/May issue, readers can expect:
An exclusive interview with Holger Kreetz, COO & CSO at Uniper, on how the company’s game-changing FLNG unit is delivering Germany’s energy security
A…
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Earlier this month, an impressive 3,796 storage terminal professionals gathered in Rotterdam for this year’s hugely successful StocExpo. With two conference streams, a terminal tour, a new innovation & sustainability trail and much more, this year’s event was packed full of new features.
Terminal operators, traders, oil & gas companies, ports and renewable fuel producers came from…
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Emission-free, ammonia power solutions company, Amogy has announced a $139 million (€128 million) series B-1 fundraising.
The round was led by intermediate holding company of SK Group, SK Innovation, joined by other global investors. This funding will enable Amogy to continue its organisational development to support commercialisation, begin manufacturing of its innovative ammonia-to-power…
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