News

Jan 25, 2023
Japan's IHI Corporation is looking into the possible conversion of LNG receiving and storage terminals located close to gas-fired power plants into ammonia-based facilities.  IHI will investigate the potential to modify LNG terminals, as it wants to use ammonia, for boilers and gas turbines  The company will draw on its corrosion expertise and experimental technologies for materials to…
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Jan 25, 2023
Manufacturer of agitators, Suma has annouced the expansion of their management board. Since January 01, 2023, Lena Thürwächter has been a member of the management board at Suma and in future, will be responsible for the sales, finance and IT divisions. After completing her master's degree she took part in a one-year trainee program at Suma. During this time, she worked in all departments from…
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Jan 25, 2023
Tank Talk is back next month! Join the Tank Storage Magazine team as we speak to experts from Hydrogenious LOHC and Uniper to talk about the role of hydrogen on the road to a carbon-neutral future. We'll be covering: Why we need hydrogen imports The role of liquid organic hydrogen carriers (LOHC) The pros and cons of various carrier types Taking place on February 9 at 15:00 CET this…
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Jan 25, 2023
Leading oil producer, Saudi Aramco has announced it is making a multi-million dollar investment in Japanese drone and air mobility technology company, Terra Drone. This investments falls in line with Saudi Arabia's long-term initiative to reduce the nation's dependence on hydrocarbons. Through its $200 million (€184 million) venture capital arm, Wa'ed Ventures, Saudi Aramco is investing $14…
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Jan 24, 2023
Koole Terminals has acquired Maastank B.V. The Maastank terminal in Botlek Rotterdam, Netherlands formerly part of the Dekker Group, is a key player in the Rotterdam port area in the storage and handling of vegetable oils, fats, and biofuel feedstocks. 'The acquisition of Maastank is one of the many steps in our strategy to meet the challenges in energy transition,' says John Kraakman, CEO of…
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Jan 23, 2023
A floating production, storage and offloading (FPSO) vessel for the BP-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project has started travelling to the project site, off the coasts of Mauritania and Senegal.  The FPSO left on 20 January from Qidong, China after successfully completing a series of sea trials following construction.  It will now travel 12,000 miles…
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Jan 20, 2023
Oil field services companies, Baker Hughes has announced Ganesh Ramaswamy as executive vice president (EVP) of the industrial & energy technology (IET) business segment as of January 16. Ramaswamy’s appointment is another step in the company’s strategic plan to simplify its operations, enhance profitability, and drive growth in the rapidly evolving energy and industrial markets.…
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Jan 20, 2023
Energy giant, bp has announced it will evaluate the feasibility of building a new hydrogen hub in Germany. The project, which would be located in Wilhelmshaven, is expected to include an industry leading ammonia cracker which could provide up to 130,000 tons (118,000 tonnes) of low carbon hydrogen from green ammonia, per year, from 2028. The green ammonia is expected to be shipped from bp green…
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Jan 20, 2023
UK-based renewable energy company, Hive Energy, has invested $1.6 million (€1 million) in Australia-based Carbon280 alongside Woodside Energy, a global energy company founded in Australia.   A total of $7.6 million (€4.9 million) has been successfully raised to fund the pilot of the Hydrilyte hydrogen storage technology, in which Carbon280 has a globally exclusive licence.  The…
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Jan 19, 2023
Global technology company, thyssenkrupp Uhde and oil company, ADNOC have signed a memorandum of understanding (MoU) to explore a long-term partnership to create new markets for hydrogen and promote global clean energy value chains. The agreement will focus on a joint project development of large-scale ammonia cracking, which is used to extract hydrogen from ammonia after transportation. The…
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Jan 18, 2023
Independent storage company, Storag Etzel has announced that energy network operator, Gausine will become a partner in the hydrogen storage piolet project, H2Cast. This participation is a first step for Gausine, towards developing hydrogen storage facilities in the salt caverns near Etzel, Germany. The first step involves a pilot project in which two of the existing salt caverns will be made…
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Jan 18, 2023
Firefighting crews in the USA have extinguished a fire, which occurred January 17 at Phillips 66's 149,000-barrel-per-day joint-venture refinery in Borger, Texas.  The company confirmed that six people have been treated for injuries.  Local media reported the fire had occurred in the storage tank farm at the Borger complex, causing a state highway to close near the refinery.  All workers at…
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Jan 18, 2023
More than 30 people have been injured in a refinery fire and explosion, in Panjin, Liaoning province, China on January 15.   According to Sky News (embed link), at least five people have died and a further eight are missing. The blast, which occurred at 13:30 local time, involved workers who were carrying out maintenance work on the site at the time.   Videos have captured the moments when…
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Jan 17, 2023
Headquartered in Italy, Walter Tosto is part of the Tosto Group and internationally recognised as a top quality worldwide supplier of storage solutions, critical process equipment for oil and gas, chemical, petrochemical and nuclear industries. Through its business unit Maraldi, Walter Tosto delivers pressure spheres, low-temperature and cryogenic storage tanks. Bora Aydin, business development…
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Jan 17, 2023
American renewable, environmental and thermal energy company, Babcock & Wilcox has announced that its B&W Environmental segment has been awarded a contract by American multinational energy company, Phillips 66. This contract is to design a flue gas pre-treatment technology upstream from a planned carbon dioxide (CO2) capture system on the Phillips 66 Humber refinery’s fluid catalytic…
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Jan 17, 2023
Yara Clean Ammonia has signed a memorandum of understanding (MoU) with Japanese company JERA to decarbonise coalfired powerplant and develop blue ammonia production in the US Gulf. The two companies also plan to collaborate on blue ammonia production in the US Gulf and to produce more than 1 million metric tons per annum (mtpa). In the MoU, Yara Clean Ammonia and JERA have agreed to jointly…
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Jan 16, 2023
Designer and owner of the proprietary floating energy production and storage, H2Carrier AS (H2C) and Indian multinational company, Larsen &Toubro (L&T) sign an memorandum of understanding (MoU) in order to co-operate towards developing  floating green ammonia projects for industrial-scale applications the ultimate aim of which is to decarbonise the global economy. H2C plans to build the…
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Jan 16, 2023
As part of the BGG Tianjin Nangang LNG terminal, China Huanqiu Contracting & Engineering (HQCEC) has completed the construction of two liquefied natural gas (LNG) onshore storage tanks, each with a capacity of 220,000m3.   The tanks are the world's largest onshore LNG storage tanks incorporating the GST membrane containment technology.  These large onshore LNG tanks are part of the…
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Jan 16, 2023
Clean energy company Masdar, the Port of Amsterdam, sustainable aviation company SkyNRG, bulk storage company Evos Amsterdam and independent oil and gas company Zenith Energy have signed a memorandum of understanding (MoU). This is to explore the development of a green hydrogen supply chain between Abu Dhabi and Amsterdam to support Dutch and European energy markets. The exported green hydrogen…
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Jan 16, 2023
Finnish state-owned natural gas transmission system operator, Gasgrid has announced that the LNG floating terminal in Inkoo, Finland is now ready for gas deliveries. The floating terminal project successfully implemented by Gasgrid Finland will secure the supply of gas to industry, energy production and households as well as safeguard Finland’s security of supply and the continuation of gas…
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