News
Vopak is acquiring the shares of Gunvor Petroleum Antwerp from commodity trader Gunvor Group, giving it access to the Gunvor concession in the Antwerp port area.
Vopak is committed to sustainably redeveloping the site. Together with the Port of Antwerp-Bruges, Vopak will focus on joint development and implementation to support renewable energy. This is another important step towards a…
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Global producer and distributor of hydrogen products, OCI N.V. and industrial gases and engineering company, Linde, has announced a partnership where Linde will supply clean hydrogen and nitrogen to OCI’s new blue ammonia facility under development in Beaumont, Texas, US under a long-term agreement.
Linde will build, own and operate an on-site complex which will include autothermal reforming…
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India has announced it will provide 300 billion Indian rupees (€3.34 billion) to help state-run oil refiners move towards cleaner energy, a step aimed at helping the country achieve its 2070 net-zero carbon emission target.
In the budget, India has also allocated 50 billion rupees (€557 million) for crude purchases for its strategic oil stockpile.
‘We are implementing many programmes…
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Oil refining, storage, distribution and sales conglomerate, Prax Lindsey Oil Refinery has announced plans to build a £300 million (€335 million) carbon capture plant, as the Prax Group undertakes a huge investment at the site, as it moves towards decarbonising operations and transitioning to a low carbon future.
The Prax Lindsey Carbon Capture Project (PLCCP) will capture more than 85% of the…
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ExxonMobil has announced the next step in the development of the world’s largest low-carbon hydrogen production facility with a contract award for front-end engineering and design (FEED).
ExxonMobil’s Baytown, Texas, US, low-carbon hydrogen, ammonia and carbon capture facility is expected to produce 1 billion cubic feet of low-carbon hydrogen per day, making it the largest low-carbon…
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Atome Energy and Cavendish, the renewable energy arm of Grupo Purdy, have established a new joint venture enterprise: National Ammonia Corporation (NAC). The new company is owned equally and headquartered in San Jose, Costa Rica, with a mandate to develop green ammonia and fertiliser projects across central America and the Caribbean with its initial focus in Costa Rica.
The aims of NAC align…
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Energy supplier, VARO Energy and airline group, Lufthansa Group have announced the signing of a memorandum of understanding (MoU) to explore the production and supply of sustainable aviation fuel (SAF).
The MoU will see VARO and the Lufthansa Group leverage their long-standing partnership to drive forward the market and grow the use of SAF. Lufthansa could offtake large volumes of SAF from VARO…
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Leading regional player for process industry chemicals, AquaChemie Middle East has announced its world-class petrochemical terminal in DP World’s Jebel Ali Port in Dubai.
The advanced $50 million (€45 million) terminal will be one of the most functional and versatile bulk liquid terminals in the region serving as a vital gateway to facilitate and boost the growing petrochemical trade between…
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Actility and TWTG have announced a partnership to open opportunities for more LoRaWAN applications by offering partners and customers clear benefits.
Wirelessly connecting devices to the internet and managing communication between end-node devices and network gateways, is increasingly in demand for industrial applications. Both companies are firm believers that this can revolutionise how…
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The BP Energy Outlook 2023 report on Monday explored the speed and shape the energy transition
may take to 2050. Two main elements, according to BP, are shaping the transition: the Inflation Reduction Act (2022) in the US and the ongoing Russia-Ukraine war.
Experts from BP commented on the long-lasting effects of the Russia-Ukraine war on the global energy system. There has been a heightened…
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Low carbon energy storage company, GES, and independent storage and logistics company, GPS, have announced they have combined both businesses to create a major player in the energy storage sector.
The combined business will take on the name Global Energy Storage Group (GES) and the merger further strengthens GES’ position in the market and the new business will explore substantial growth…
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Oil field services companies, Baker Hughes has announced a memorandum of understanding (MoU) with renewable energy and green hydrogen asset company, Fortescue Future Industries. The MoU is to jointly explore potential opportunities for the scale up and adoption of novel technology solutions for green hydrogen, green ammonia and geothermal projects. The companies see new pathways to accelerate…
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French engineering and technology company, Techniq Energies has announced the successful commissioning of the plant on the Nayara FCCU Revamp project in India and safe handover to operational teams.
They have congratulated everyone involved for this significant achievement.
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Malaysian oil and gas company, Petronas has signed two project development agreements with American multinational oil and gas corporation, ExxonMobil to jointly pursue carbon capture and storage (CCS) activation projects in Malaysia.
Under the agreements, both parties will define next steps, including the maturation of technical scopes for the CCS value chain, evaluation of the identified fields…
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Stolthaven Terminals and grid scale energy storage, XL Batteries have signed a memorandum of understanding (MoU) for the development of a flow battery with industrial-scale electricity storage capability. The partnership brings together XL Batteries’ expertise and innovations in flow battery technology and Stolthaven Terminals’ global presence in providing bulk liquid services.
A flow…
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The Port of Rotterdam Authority and STC International are collaborating to organise the Port Energy Transition Management Programme from 20 to 23 March.
During the course, port professionals will gain the latest energy transition insights and an understanding of the role they must play.
The Port Energy Transition Management Programme will take port professionals on a journey through…
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Japanese petroleum company, Idemitsu, electric company, Hokkaido Electric Power (HEPCO), and Japan Petroleum Exploration (JAPEX) have announced the beginning of a joint study for implementing carbon dioxide capture, utilisation and storage (CCUS) in the Tomakomai area of Hokkaido, Japan.
Following the Japanese government's announcement of a carbon neutrality goal by 2050 in October 2020, the…
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Technip Energies has signed two separate MoUs: one with PCL Industrial Management, and another with Capital Engineering, to work on energy transition markets in Canada.
Technip Energies will provide conceptual, front-end and detailed engineering, procurement, and technical capabilities with PCL leading constructability solutions, logistics evaluations, direct hire construction performance…
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Advario Stolthaven Antwerp has received its ISCC certification, as part of paving the way to a sustainable future.
The ISCC certification is a globally applicable certification system and covers all sustainable feedstocks. With the ISCC-EU certificate, Advario Stolthaven Antwerp is certified as a warehouse ready to store and handle circular and bio-based products, renewables, food, feed and…
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Multinational energy corporation, Chevron is contributing to a joint collaborative development project for robotic solution company, Applied Impact Robotics (AIR) technology. This novel robot solution enables remote, in-service inspection of crude oil above ground storage tanks (ASTs). The current inspection processes result in major cost, safety, and environmental concerns, prompting the need…
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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/