News

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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Workers in France are striking over government proposals to increase the retirement age from 62 to 64.   TotalEnergies reported that strike action has interrupted shipments at several production sites in France, as the eurozone's second-biggest economy continues to face widespread protests over government plans to increase the retirement age.  A CGT union representative for TotalEnergies…
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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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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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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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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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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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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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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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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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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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