News

Jan 16, 2026
Following regulatory approvals, the new combined entity of VAROPreem will become a new leading force in energy built on scale, capability and track record. VAROPreem brings a significant integrated energy value chain across manufacturing, distribution, trading and customers, enabling disciplined execution. With six strategically positioned manufacturing hubs and access to more than 120…
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With companies scrambling to incorporate artificial intelligence in almost every facet of their business, is it too soon for critical infrastructure to make use of this tech? Artificial Intelligence (AI) is being widely used in almost all industries. Digital tools have been on a steady incline in terminals for the last few years, facilitating training, streamlining work and even predicting…
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Jan 15, 2026
Horton CBI, a wholly-owned subsidiary of CB&I, has been awarded a sizable contract for the engineering, procurement, fabrication, and construction (EPFC) of two liquefied petroleum gas (LPG) Hortonspheres by a leading Canadian infrastructure company, for whom Horton CBI delivered three similar spheres in 2018. The 25-meter diameter spheres, each with a capacity of 8,200 m3, will be…
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Jan 14, 2026
TotalEnergies and Bapco Energies are launching BxT Trading, an equally owned trading joint venture backed by flows from Bapco Energies' Refinery. The signing ceremony was witnessed yesterday by Shaikh Nasser bin Hamad Al Khalifa, chairman of Bapco Energies, and Patrick Pouyanné, chairman and chief executive officer of TotalEnergies in Abu Dhabi. As a competitive new player in the Middle East,…
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Jan 14, 2026
SensoTech has partnered with TGI Tank Gauging Italia to deliver incoming goods inspection to the Italian market. With more than 30 years of experience, TGI Tank Gauging Italia specialises in the development, sales, and support of high-precision solutions for tank farm management and monitoring. This makes them a great partner for SensoTech, combining deep expertise in tank storage applications…
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Jan 13, 2026
Eni has announced that the business branch of its Refining Evolution and Transformation unit has been transferred to the new company Eni Industrial Evolution S.p.A., which will aim to ensure the management of traditional assets (refineries and depots) in Europe and the Middle East and to consolidate the path of industrial transformation, also from a circular economy perspective, through the…
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Jan 13, 2026
AUMA is proud to present the SIL version of TIGRON, the new high-performance, explosion-proof electric actuator series for the highest safety requirements. TIGRON SIL actuators combine maximum safety for safety-related applications up to SIL 3 with outstanding configuration flexibility, adapting to a wide variety of requirements. Up to four different safety functions can be configured within the…
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Jan 13, 2026
Proton Ventures has joined the Barents Clean Ammonia Project, helping to deliver Europe’s largest clean ammonia production plant, located in Finnmark, Norway. A new project development company, Barents Clean Ammonia AS, has been established, with Barents Blue holding 75% and Proton Ventures holding the remaining 25% of the shares. By joining forces, the partnership will advance the project…
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Jan 13, 2026
Uniper and AM Green Group have signed a landmark agreement for up to 500,000 tons of renewable ammonia per year from India, witnessed by German Chancellor Friedrich Merz and Indian Prime Minister Narendra Modi in Ahmedabad, India. According to Uniper's LinkedIn post, the leaders expressed satisfaction about the ongoing cooperation on green hydrogen and underscored the need to align India’s…
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Jan 13, 2026
Edmund Lam at ADI Analytics looks at the future of alternative fuels and the implications for the tank storage industry Sustainability, the energy transition, and energy security are driving new interest in alternative fuels. These include liquefied natural gas (LNG), which is widely used in heavy-duty transport, maritime, and power generation; renewable diesel (RD) and other biofuels such as…
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Jan 13, 2026
Discover how StocExpo 2026 is defining the next era of tank storage The global energy system is changing faster than at any point in recent decades, and Europe’s tank storage sector is feeling that pressure firsthand. Traditional fossil fuel logistics are being reshaped by demand for cleaner molecules, a growing mix of alternative fuels, tightening environmental rules and increasing scrutiny…
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Jan 12, 2026
Scully Signal Company has obtained approval for the Mobile Truck Tester (MTT) to be used in Hazardous Environments—a feature required when used in loading lanes of petroleum terminals, and in many global regions. The accompanying user-friendly app received upgrades as well, with new functionality including test report generation, backup and restore capability, and global real-time clock…
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Jan 9, 2026
Ivens has been selected to deliver Evos Malta’s latest project. The Mediterranean terminal has a total capacity of 568,000 m3 and has been in operation since 1992. According to Ivens, their selection marks ‘another important milestone and a strong vote of confidence in our expertise and capabilities.’ The company said on LinkedIn: ‘We would like to sincerely thank Evos for the trust…
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Jan 9, 2026
BWC Terminals has upgraded the truck rack cover at its Harvey facility in Louisiana, USA. The new structure is a more efficient hurricane-rated building, spanning the full length of the scales. Benefits include four high-powered fans for proper air circulation, bright, energy-efficient LEDs for improved visibility and increased water protection during Louisiana’s rainy season.
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Jan 8, 2026
Corteva and bp has announced the launch of Etlas, their new 50:50 joint venture that will produce oil from crops – including canola, mustard and sunflower – for use in the production of biofuels like sustainable (or synthetic) aviation fuel (SAF) and renewable diesel (RD). Etlas will harness both Corteva’s century-long expertise in seed technology to develop crops ideally suited to produce…
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Jan 8, 2026
Moeve and Galp have reached a non-binding agreement to advance detailed discussions on the potential combination of their downstream portfolios with the aim of creating two leading energy companies in the Iberian Peninsula. The discussions will assess the potential creation of two European energy platforms: an industrial platform focused on refining, chemicals, trading, green molecules and…
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Jan 7, 2026
Technip Energies has been awarded two large contracts by Bharat Petroleum Corporation Limited (BPCL) for key projects at its Bina refinery in Madhya Pradesh and Mumbai refinery in Maharashtra, India. The first contract covers engineering, procurement, construction and commissioning (EPCC) for new polypropylene and Butene-1 units at the Bina refinery in Madhya Pradesh. The units will produce 550…
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Jan 6, 2026
Gas network operator Open Grid Europe GmbH (OGE) and HES Wilhelmshaven Tank Terminal GmbH have signed an agreement for an option to connect to the hydrogen network of the Wilhelmshaven Coastal Line (WKL). With this step, HES Wilhelmshaven Terminal GmbH is enabling the import of hydrogen and hydrogen derivatives, playing an important role in Germany’s energy transition, while also enabling the…
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Jan 6, 2026
CB&I has entered into a sale agreement to acquire Petrofac’s Asset Solutions business, a leading provider of operations, maintenance and decommissioning services for onshore and offshore energy assets. The acquisition strengthens CB&I’s portfolio with a complementary reimbursable contracting model business, delivering predictable cash flow and enhancing service capabilities. It also…
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Jan 6, 2026
Continental Resources has signed an Assets Sale and Purchase Agreement with Pan American Energy (PAE) to acquire certain non-operating interests in four blocks located within the Vaca Muerta shale play in Argentina's Neuquén Basin. For decades, Continental has been a pioneer in unconventional resource development across the United States. With daily production reaching 500,000 BOEPD in 2025,…
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