News

Publicly-traded energy company, EnBW will import 3 billion  m3 of LNG per year via the Hanseatic Energy Hub in Stade, Germany. The capacities make a significant contribution to Germany's security of supply with affordable energy. The Hanseatic Energy Hub is a future-flexible modular system for the green energy transition that uses the opportunities of the Stade energy region. In addition, EnBW…
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Europe’s leading manufacturer of biofuels, Argent Energy, has begun groundworks for construction of a glycerine refinery in the Port of Amsterdam, the Netherlands. The refinery will produce 50,000 tons (45,000 tonnes) of refined glycerine per year. Argent Energy is expanding its portfolio of sustainable products and will be entering the chemical market for the first time, with the launch of its…
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Japanese government institution, the Japan Organization for Metals and Energy Security (JOGMEC), and Japanese oil company, INPEX, have signed a joint research agreement to evaluate the potential of the Bonaparte Basin in Western Australian to become a world-scale carbon storage location. The joint research between JOGMEC and INPEX will support INPEX as it assesses the feasibility for long-term…
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The port of Savannah is planning a $410 million (€389 million) development of one of its terminals in the USA to make room for the loading and unloading of larger ships.   The Georgia Ports Authority’s governing board approved the project, under a plan to develop and expand Savannah’s capacity for cargo containers, to more than 50% by 2025.   Ocean Terminal will be converted to…
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Efforts to clean a spill of 588,000 gallons of oil from the Keystone Pipeline into a creek in Washington County, USA, remain ongoing. The incident began last week and is the largest in recorded history, accumulating in more oil lost than all the crude oil pipeline spills in 2021 combined.  The spill is the largest recorded in history and officials are now attempting to clean the mess caused by…
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Public sector company of India, Oil and Natural Gas Corporation (ONGC) has signed a memorandum of understanding (MoU) with global petroleum company, Shell, for cooperation in carbon capture, utilisation and storage (CCUS) studies. The collaboration shall focus on joint CO2 storage study and EOR (multi-decision making) screening assessment for key basins in India including depleted oil and gas…
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The Saudi Arabian Oil Company (Aramco), one of the world’s leading integrated energy and chemicals companies, and Shandong Energy Group, are exploring collaboration on integrated refining and petrochemical opportunities in China.   The companies have signed a memorandum of understanding (MoU) which will include a potential crude oil supply agreement and chemical products offtake agreement,…
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Energy technology company, Baker Hughes and petroleum exploration and production company, Woodside Energy have entered into a memorandum of understanding (MoU) to explore potential business arrangements and initiatives to support Woodside’s climate strategy. The MoU seeks to identify projects for potential collaboration between the two companies including projects in Australia, Asia and the…
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VTTI is exploring the development of a floating liquefied natural gas (FLNG) facility that will provide the Netherlands additional LNG storage and import capacity. This additional capacity is needed to enhance  gas supply to the Netherlands and Europe, contributing to the security of supply. At the same time, it will strengthen the competitiveness in LNG deliveries and infrastructure, while…
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The UK’s Secretary of State for Business, Energy and Industrial Strategy has granted consent for the Keadby 3 carbon capture power station in north Lincolnshire. It is the first such project in the UK to gain planning permission and is backed by energy providers SSE Thermal and Equinor.  The project involves a combined cycle gas turbine (CCGT) power station, comprising a CCGT unit with a…
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In October, Koole Tankstorage Botlek (Koole Terminals’ Rotterdam facility) began a pilot of autonomous drone checks for tank leaks. The facility at the Port of Rotterdam, Netherlands, is an industry-first.  The pilot will last until September 2023 and the drone will work alongside the manual process. This will allow Koole Terminals to test whether everything works properly. For example,…
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BP has signed a memorandum of understanding (MoU) with the government of Egypt to explore the potential for establishing a new green hydrogen production facility in the country. The MoU was signed by BP, Egypt’s New and Renewable Energy Authority (NREA), the Egyptian Electricity Transmission Company (EETC), the General Authority for Suez Canal Economic Zone (SCZONE) and the Sovereign Fund of…
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Ineos and Sinopec have announced a new joint venture agreement that will see Ineos acquire a 50% share in the existing Tianjin Nangang Ethylene Project from Sinopec. The project is currently building a 1.2 million tonne ethane cracker, expected to come on stream at the end of 2023, and downstream derivative plants in Tianjin, China.  A full suite of derivative units will be built at the…
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An initiative of 18 companies, led by the Port of Rotterdam Authority, has kicked off a study into the possible establishment of a large-scale ammonia cracker to enable imports of 1 million tons (907,185 tonnes) of hydrogen per year to aid the decarbonisation of industry and mobility.  Participants have commissioned Fluor to study possibilities for a large central cracking facility in the port…
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Exolum and OQ, the largest energy company in Oman, have agreed on the sale of Exolum’s 40% stake in their joint venture OQL. OQL is the leading fuel logistics company in the country, with a market share of 70%.  Exolum and Oman collaborated in 2014 for the design, construction and operation of the Muscat Sohar Pipeline Project and the Al Jifnain terminal in Oman (MSPP). Over the past few…
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Avnet Abacus, one of Europe’s leading distributors of interconnect, passive, electromechanical, power supply, energy storage, wireless and sensor products, is collaborating with TWTG, a leading industrial-IoT specialist based in Rotterdam, Netherlands, to help prevent the disposal of millions of smart meters.  The viability of existing smart meters is subject to compatibility as technology…
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Kent, a leading engineering company in oil and gas, carbon capture, utilisation and storage (CCUS), and hydrogen has been awarded a pre-FEED study by Essar Oil UK for the Stanlow refinery in Merseyside, UK.  Kent will incorporate a carbon capture and storage plant to capture carbon from the Fluid Catalytic Cracker (FCC) flue gas at Essar’s Stanlow Refinery in the northwest of England, the…
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Pipeline leak repair and maintenance fittings company, The Pipe Line Development Company (PLIDCO) has announced that it has approved six international partners to serve as authorised refurbishing service centres (ARSCs). PLIDCO recently established ARSCs with its partners in Brunei, Canada, Colombia, Indonesia, Singapore and Qatar. The new ARSCs are strategically located near PLIDCO’s…
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INEOS has signed a 20-year contract with Sempra Infrastructure for the supply of 1.4 million tonnes per annum (mtpa) of liquified natural gas (LNG) from Phase 1 of the Port Arthur LNG facility under development in Texas, US. The agreements come at a critical time for energy markets and will provide much needed security of supply for Europe.  Under the agreement INEOS has agreed to purchase…
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Global technology company, Emerson, has launched a pressure-reducing regulator specially designed for use onboard commercial hydrogen fuel cell vehicles. The dual stage and patented active seal design of the TESCOMTM HV-3500 Hydrogen Onboard Regulator delivers steady pressure and constant hydrogen fuel supply to fuel cells in the full range of vehicle operating conditions. This extends fuel cell…
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