News

Adani Ports and Special Economic Zone (APSEZ), the largest transport utility in India, has agreed to the acquisition of Oiltanking India’s 49.38% equity stake in Indian Oiltanking (IOT), one of India’s largest developer and operator of liquid storage facilities. The agreement includes the acquisition of an additional 10% equity stake in IOT Utkal Energy Services, a 71.57% subsidiary of…
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Equinor has signed a strategic collaboration with Hitachi Energy to collaborate on electrification, renewable power generation and low-carbon initiatives worldwide.   The agreement sets out both companies’ commitment to accelerate the energy transition and advance a more sustainable, flexible and secure energy system for the future.  The new agreement builds upon the companies’…
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Energy Estate and Abergeldie Complex Infrastructure have signed a memorandum of understanding to collaborate on opportunities for around-the-clock delivery of green hydrogen, e-fuels and e-chemicals across Energy Estates’ portfolio of decarbonisation projects. The companies will come together on the production and storage of hydrogen to accelerate the energy transition in Australia.  The aim…
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Multinational oil and gas company, BP, has signed a memorandum of understanding (MoU) with the government of Mauritania to deliver an innovative programme exploring the potential for large-scale production of green hydrogen in the country. BP will carry out a number of studies to evaluate the technical and commercial feasibility of producing green hydrogen in Mauritania. Anja-Isabel Dotzenrath,…
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Lower carbon solutions organisation, Chevron New Energies, and seaborne energy trader, JERA have signed a joint study agreement to collaborate on multiple lower carbon projects. The study will explore the potential co-development of lower carbon fuel in Australia, including production, carbon capture, utilisation and storage, (CCUS) and new technology. As part of their focus across the hydrogen…
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ACE Terminal has appointed Egbert Vrijen as project director. ACE Terminal is the joint project of Gasunie, HES International and Vopak, in which they are developing a terminal in the port of Rotterdam for the import of ammonia as a green hydrogen carrier. Egbert Vrijen, with his 20 years’ experience in the capital-intensive industry, will fulfill the ACE Terminal project together with the core…
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Spanish engineering and procurement company, Técnicas Reunidas and Australian blue ammonia and methanol company, Allied Methanol have signed an agreement to develop an integrated methanol and blue ammonia production plant in Darwin, Australia. The plant will enable carbon emissions to be reduced by half compared to traditional technologies. The agreement states that Técnicas Reunidas will…
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Italy’s Emilia Romagna region has approved a project for a new floating LNG terminal in the region of Ravenna. Emila’s Romagna’s economic development councillor, Vincenzo Colla told news outlets that almost €1 billion was being invested into the project. This LNG terminal is one of two new floating terminals to be operated by Italy’s state-controlled gas grid and will have a capacity…
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Mytilineos, a global industrial and energy company, has unloaded the first LNG cargo from DESFA’s floating natural gas storage unit (FSU) in Revithoussa, Greece. The transshipment of over 140,000m³ LNG cargo is being unloaded via a ship-to-ship process – the first time this procedure is being carried out in Greek territorial waters.   The FSU is moored 700m from the LNG terminal,…
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Bulk liquid storage specialist, UM Terminals, has appointed a new managing director, Phil McEvoy. McEvoy takes up the role at UM Terminals after having held several senior roles in the UK and Europe. McEvoy replaces Vic Brodrick who has been combining the roles of interim managing director and commercial director since the summer. Vic will continue as commercial director. Commenting on the new…
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As part of our new Tank Storage Magazine membership, you will gain access to all Tank Talk webinars. This is your last chance to get a Tank Talk webinar for FREE!   This month’s webinar focuses on cybersecurity. Following attacks on multiple terminal operators earlier in the year, such as Oiltanking, SEA-invest and Evos, there has been a significant increase in interest in cybersecurity and…
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Renewable energy company, ACME and the government of Karnataka, India, have signed a memorandum of understanding (MOU) to invest about Rs 52,000 crore (€6.35 million) to set up a green hydrogen and green ammonia project. The MoU was signed by Sandeep Kashyap, COO at ACME and E V Ramana Reddy, additional chief secretary to government, commerce and industries department. ACME will set up a 1.2…
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Opito, the global safety and skills body for the energy industry's global safety and skills body has launched a suite of four qualifications aimed at technicians and individuals looking to up-skill or move between energy industries.   The qualifications aim to provide key knowledge of emerging specialisms, including introductions to hydrogen, CCUS, oil and gas, and wind power.  The…
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Global chemical company, INEOS and integrated supply chain services for clean energy, Pacific Gas, have signed a long-term time charter agreement for four 99,000m3 very large ethane carriers (VLEC). The deal will bring INEOS’ ethane fleet to 16 vessels, with eight VLECs and eight dragon class ethane carriers. With these agreements, INEOS will have a total of six VLECs under time charter with…
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TÜV Rheinland, independent testing service provider, has acquired inspection company, Inspection Verification Bureau (IVB). IVB will be fully integrated into TÜV Rheinland as of December 2023. Gareth Book from TÜV Rheinland says: ‘IVB provides independent technical testing and industrial inspection services to the global oil, gas, renewable energy and power industries. The acquisition…
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Centrica and Equinor have signed a cooperation agreement to explore the potential for developing a low-carbon hydrogen production hub at Easington in East Yorkshire, UK. The development further strengthens the region’s growing status as the UK’s foremost hydrogen hub.   The project could see the transition to a low-carbon hydrogen hub over the next decade. The development would support the…
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Liquid storage logistics company, Advario, has announced it is one of the newest members of the Hydrogen Council. The CEO-led organisation has a shared vision for hydrogen to rapidly advance the global clean energy transition for a more sustainable and resilient energy future. The move reflects Advario’s commitment to enable, support and expedite the energy transition. Bas Verkooijen, CEO at…
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Hydrogenious LOHC Technologies, a hydrogen storage and transportation technology company, has appointed Toralf Pohl as new chief commercial officer (CCO) and promoted former head of strategy, Andreas Lehmann, to chief strategy officer (CSO). Daniel Teichmann, CEO and founder of Hydrogenious LOHC Technologies says: ‘We are happy to have two new C-level executives with Toralf Pohl as CCO and…
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Liquid and dry bulk storage terminal, Colonial Terminals, has acquired two liquid terminals owned and operated by bulk liquid storage terminal operator, International-Matex Tank Terminals (IMTT). The facilities are located in Savannah, Georgia, US, and have approximately two million barrels of storage capacity supported by marine, rail, and truck access into the fast-growing southeastern…
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The Baltic Pipe project has passed an important milestone as receiving terminal Nybro near Varde, Denmark, went into operation. It is currently operating with only half the total capacity, at 6,700 MWh/h. Norwegian gas will now enter the new Baltic Pipe and can be sent on to Poland via the Danish gas system. The Nybro part of the Baltic Pipe was supposed to go into operation on 1 October 2022,…
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