News
Global energy company, QatarEnergy has entered into a 27-year sale and purchase agreement (SPA) with oil and gas enterprise, China Petroleum & Chemical Corporation (Sinopec) for the supply of 4 million tons per annum (3.6 million tonnes) of LNG to China.
Under the terms of the SPA, the contracted LNG volumes will be supplied from QatarEnergy’s North Field East (NFE) LNG expansion project…
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Energy infrastructure company, Sempra has announced that its subsidiary, Sempra Infrastructure, and multinational hydrocarbon corporation, ConocoPhillips have implemented a 20-year sale and purchase agreement (SPA) for 5 million tonnes per annum (mtpa) of liquefied natural gas (LNG). This will be from Phase 1 of the proposed Port Arthur LNG project under current development in Jefferson County,…
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Daiva Angeldorff, CEO of Nordic Storage chats with our staff writer, Molly, about winning the silver Outstanding Achievement Award at the 2022 Tank Storage Awards
Molly: Why did you enter the awards?
Daiva: I was kindly nominated by HG Storage International Limited (HGSI). Nordic Storage AB is part of HGSI, a group of high-calibre gas and liquid petroleum products storage and logistics…
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Avenir has completed its first LNG delivery into the newly commissioned Hamina LNG terminal in Finland. The LNG cargo was loaded by Avenir Supply & Trading on board the Avenir Aspiration vessel from the Murgardos terminal in Spain. Her sister ship, Avenir Ascension, is currently enroute towards Hamina for the second LNG unloading in a few days’ time.
The delivery into Finland further…
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Neptune Energy has called on the UK government to support changes to the country’s gas entry specifications in order to deliver more domestic gas to households and businesses in 2023. Revising the specification could unlock enough gas to heat more than 12 million UK homes for a whole year.
A five-year industry-wide consultation is now ending. No safety issues were detected in the initial…
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Energy storage provider VTTI has announced the acquisition of the IPTF (IL&FS Prime Terminals FZC) energy storage terminal in Fujairah, UAE.
The acquisition means that VTTI now owns 90% of the terminal, while the other 10% will remain with the Fujairah government. The 333,484 m3 terminal allows VTTI to expand its position in the Port of Fujairah.
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A drone-fired rocket hit Yemen’s al-Dhabba offshore oil terminal, in Hadhramaut province on November 21, according to the Yemeni government.
The Houthis fired a projectile from a drone that landed at the entrance of the terminal. The vessel had originally entered the terminal to load a shipment of crude oil, but left after the attack.
Part of the British Royal Navy, the Maritime Trade…
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Important message to all our newsletters readers: from January 2023, Tank Storage Magazine’s weekly newsletter will be sent from a new email address. We don’t want you to miss out so please add our staff writer, Molly, to your safe senders list: molly@tankstoragemag.com
Molly has been creating and sending out our weekly newsletter to our Tank Storage subscribers since September on behalf of…
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Large-scale LNG project company, Inpex, has announced it has taken a final investment decision on drilling operations and the construction of facilities associated with a demonstration clean hydrogen-ammonia project in Kashiwazaki City, Japan.
This will be implemented at the Inpex-owned Higashi-Kashiwazaki gas field in the Hirai area of Kashiwazaki City. The project is expected to involve the…
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Vopak and Petroliam Nasional Berhad (Petronas) have signed a memorandum of understanding (MoU) for the development of a CCS value chain in southeast Asia.
As part of the agreement, both companies will study the development of the CCS value chain focusing on the carbon emitted by industries in Singapore. This will include carbon transport from a Vopak terminal for potential injection into the…
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Air Products and Mabanaft, through a joint development agreement, its subsidiary Oiltanking Deutschland, have announced their intention to build Germany’s first large-scale, green energy import terminal in the Port of Hamburg.
The joint development agreement aims to develop green ammonia import and distribution infrastructure in the Port of Hamburg. The project hopes to provide hydrogen to…
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Petroleum and natural gas company, Aramco, is making its biggest ever investment in South Korea to develop one of the world’s largest refinery-integrated petrochemical steam crackers through its S-OIL affiliate. This is in line with the company’s strategy to maximise the crude to chemical value chain.
The $7 billion (€6.7 billion) Shaheen project aims to convert crude oil into…
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StocExpo, the leading international tank storage event, taking place 14-16 March 2023, has transitioned away from its former branding to an updated, fresher, look with a white and green theme. In recognition of the evolution of the tank storage industry towards cleaner, greener fuels, StocExpo has changed its branding with more modern colours and icons.
Working across an international audience,…
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As of 17 November, Alkion Terminals and Koole Terminals are officially one group, working together toward a more sustainable future. With 20 terminals in seven countries, 900 employees and a total capacity of 5.3 million m3, Alkion Terminals and Koole Terminals have significantly increased their potential together.
The new organisation aspires to become the European market leader in innovative…
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International integrated energy services partner Kent has been awarded a three-year contract to provide structural integrity analysis modelling services for global chemical producer INEOS UK on its southern North Sea (SNS) offshore platforms, Breagh Alpha and Clipper South.
Kent will support the safe and sustainable structural integrity management of existing offshore facilities for INEOS UK.…
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One of Japan's most prominent oil refineries, Idemitsu Kosan Co, has announced it will invest ¥690 billion (€4.3 billion) over the next three years to March 2026 to step up its energy transition procedures, while scaling down fossil fuel assets, to tackle climate change.
Under the new three-year business plan, Idemitsu aims to lower the proportion of its total profits coming from fossil…
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Mettler Toledo has introduced a new instrument that analyses liquid, and translucent samples for their optical spectrum, colour, and water parameters. Using the new device, Easy VIS, operators can speed up their processes and improve the quality of results – saving time, money and space.
The tool can be used instead of three separate instruments: a colorimeter, a spectrophotometer, and…
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The US Department of Energy (DOE) has announced $1.5 million (€1.44 million) in funding for five projects that will aim to advance key clean-hydrogen technologies, while growing the skills and knowledge of science and engineering students at Minority Serving Institutions. The funding will be provided by the DOE Hydrogen and Fuel Cell Technologies Office (HFTO) through an amendment to a funding…
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The German government has completed launching its first floating liquified natural gas (FLNG) terminal. This will receive liquefied natural gas as part of Berlin’s plan to replace Russian gas.
The infrastructure was completed in 194 days which was achievable due to permitting exceptions and forgoing environmental impact assessments.
Due to the halt in gas supply from Russia provider…
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Exolum will invest €30 million in the construction of a plant for hydrocarbon treatment and recovery on a site in Algeciras Bay. In addition, to help develop this project, Exolum’s project named Garbium and has reached a collaboration agreement with Naviera Murueta.
The project is part of the circular economy concept and consists of the construction of a facility for the processing and…
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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/