News

Neste has successfully commissioned its new upgrading facility for liquefied waste plastic (LWP) at its Porvoo refinery in Finland. This €111 million investment marks a major milestone in the scale-up of chemical recycling, enabling the production of high-quality feedstock for the plastics and chemicals industry. With an annual capacity to process up to 150,000 tonnes of liquefied waste…
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Evos Rotterdam has commenced the realisation of a major expansion project for (low-carbon) methanol and ethanol storage, following a signing ceremony held at the Port of Rotterdam. The ceremony was attended by Daan Vos, CEO of Evos, and Boudewijn Siemons, CEO of the Port of Rotterdam Authority, marking an important milestone in the collaboration between the two parties. The project includes the…
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Power2X have announced that the company has completed a trial digging at its project site in the Port of Rotterdam, kicking off actual field work for Power2X eFuels Rotterdam. Although this isn’t the start of construction yet, these excavations are important to verify available space in the pipeline corridor ensuring direct supply of synthetic Sustainable Aviation Fuel (e-SAF) to the CEPS…
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Stolt-Nielsen Limited through its subsidiary Stolt-Nielsen Gas Ltd., has announced that it has entered into a share purchase agreement to sell 50% of Avenir LNG Limited (Avenir LNG) to Nippon Yusen Kabushiki Kaisha (NYK Line). Avenir LNG was founded in 2017 and has grown into a leading player in the liquefied natural gas (LNG) bunkering sector, operating a global fleet of LNG bunker…
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Could liquid air energy storage be the key to electrification? Tank Storage Magazine investigates The UK government kicked off 2026 with a record-breaking auction for offshore wind. The 8.4GW secured would generate enough clean electricity to power the equivalent of over 12 million homes. Or, at least, it could if the country didn’t face a huge energy storage problem. Enter: Highview Power.…
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OX2 and Södra, together with the e-NG project development company TES, today announced that they are advancing their development plans for an e-NG (electric natural gas) facility at the Värö peninsula in Varberg, Sweden, by entering the Pre-Front-End Engineering Design (Pre-FEED) phase. The decision follows the signing of a Letter of Intent in January 2025 and the successful completion of an…
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Seatrium has been awarded a contract by Karpowership, for the conversion of a new Floating Storage Regasification Unit (“FSRU”). Karpowership is a longstanding customer for Seatrium, renowned for owning, operating and building the world’s largest Powership (floating power plant) fleet. This latest contract award signals a progression of an earlier letter of intent (“LOI”) signed between…
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Avenir Marine Limited, a wholly owned subsidiary of Avenir LNG, has signed a framework fuel supply agreement with the shipping company A.P. Moller - Maersk. Under the Agreement, signed already in H2 2025, Maersk and Avenir will start the supply of bio-LNG with lower GHG emissions in 2027. The first deliveries will be in alignment with the delivery of the first dual-fuel liquefied gas vessels…
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SEFE Securing Energy for Europe and Argentina’s Southern Energy S.A. (SESA) have entered a Sales and Purchase Agreement for an eight-year LNG supply partnership. Under the agreement, SEFE will purchase two million tonnes per annum (mtpa) of LNG on a free on board (FOB) basis, with deliveries scheduled to begin in late 2027. The Sales and Purchase Agreement follows the Heads of Agreement…
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MOL and Slovnaft have submitted a formal complaint to the Directorate-General for Competition of the European Commission alleging that JANAF, the company operating the Croatian crude oil pipeline, is abusing its monopoly position. On 27 January 2026, crude oil deliveries to Hungary and Slovakia via the Druzhba pipeline were interrupted. The pipeline has been out of service since then,…
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Archive edition: Vol 22 Issue 06 Date published: February 2026 [real3dflipbook id='25'] In this issue... EXCLUSIVE: In Conversation with Fabian Ziegler Chane's new CEO gives his first interview exclusively to Tank Storage Magazine and shares his vision for the company's future Storage Investment in a Shifting World The experts at Energex look at investor trends shaping storage sector…
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UPDATED 03/03/2026 @ 09:52 GMT A fuel tank at the Port of Duqm, Oman, has been targeted in a drone attack, according to the country's state news agency. No casualties have been reported. Previous updates below (more…)
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Moeve has approved the Final Investment Decision (FID) of the first phase of its flagship Andalusian Green Hydrogen Valley, making Southern Europe’s largest green hydrogen project a reality. CEO Maarten Wetselaar said in a post on LinkedIn: 'I am proud to announce a defining milestone of our #PositiveMotion strategy, driven by our firm belief in green molecules as a cornerstone of Europe’s…
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TotalEnergies has signed a preliminary agreement (Letter of Intent) with Glenfarne, the lead developer of the Alaska LNG project, for the long-term offtake of 2 million tonnes per year (mtpa) of liquefied natural gas (LNG) over 20 years, subject to the project’s final investment decision. The future Alaska LNG project, located on the U.S. Pacific coast, is the only federally authorised LNG…
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Chane’s new CEO, Fabian Ziegler, sits down exclusively with Tank Storage Magazine to discuss his vision for the company’s future What led you to join Chane as CEO? I’ve had a long career working with larger companies, like Shell, and Chane stood out to me as a business with great potential. I was keen to be the CEO of a company that I can ‘put my arms around’ so to say. I wanted to lead…
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Dave Ward at Wardz Consulting looks at the revision of EN 14620 and what it means for the tank storage sector EN 14620 is the European Standard that deals with all aspects of the design, construction, testing and commissioning of vertical, cylindrical, tanks for the storage of refrigerated liquified gases (RLG’s). The development history extends back 70 years and the time-line is shown in…
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Dover Fueling Solutions (DFS), a leading global provider of advanced customer-focused technologies, services and solutions in the fuel and convenience retail industry, is proud to launch the ProGauge LR120 Radar – DFS’ latest automatic tank gauging (ATG) solution specifically designed for industrial applications. The radar, available in the Europe, Middle East, and Africa (EMEA) region, as…
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Technip Energies as leader of a joint venture with Consolidated Contractors Company (CCC) and Gulf Asia Contracting (GAC), has been awarded a major Engineering, Procurement, Construction and Commissioning (EPCC) contract by QatarEnergy for the onshore LNG facilities of the North Field West (NFW) project. This award covers the delivery of 2 mega trains, each with a capacity of 8 MTPA of liquefied…
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AD Ports Group and Nimex Terminals have broken ground on the UAE’s first private-sector liquified petroleum gas (LPG) terminal hub at Khalifa Port, reinforcing Abu Dhabi's position as a global energy logistics and trading hub. Announced in November 2025 in parallel with the LNG terminal hub development, the LPG terminal hub is being developed to accommodate large, long-haul gas carriers and…
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Centrica Energy has signed a long-term natural gas purchase agreement with Whitecap Resources a leading Canadian producer dedicated to the responsible development of oil and gas resources across the Western Canadian Sedimentary Basin. Starting in April 2028, Whitecap will deliver 50,000 MMBtu (1,275,000 m3) of natural gas per day to Centrica Energy for a period of 10 years – equivalent to…
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