News

Vesta Terminals’ MAIA project at Vesta Terminals Antwerp (VTA) is changing hands.  Following the launch of the project’s launch in March 2021, Vesta Terminals handed over the project to VTA operations.   In total, five multi-purpose tanks of 30,000m³ each were built and connected to the CEPS pipeline. The project aims to connect the terminal to most major airports in west and northwest…
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Cattalini Terminals Marítimos, a liquid storage terminal in Brazil, has extended the draught of the outer cradle of its private pier from 12.5m to 12.8m. The change was evaluated by the Captaincy of Ports of Paraná (CPPR), the Ports of Paraná and Praticagem.   ‘The increase has a direct impact on the cargo capacity of ships operating on Cattalini pier with a potential movement gain of…
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Denbury, an independent energy company, has announced that its subsidiary, Denbury Carbon Solutions, has executed a CO2 services agreement with clean hydrogen chain developer, Clean Hydrogen Works. Denbury will transport and sequester CO2 captured from Clean Hydrogen’s planned hydrogen-ammonia complex in Ascension Parish, Louisiana, US, which is anticipated to be built less than two miles…
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Multinational chemical company, Linde, and global technology company, SLB, are collaborating on carbon capture, utilisation and sequestration (CCUS) projects to accelerate decarbonisation solutions across the industrial and energy sectors. The collaboration will combine both companies’ long-term experience in CCUS; innovative technology; project development and; engineering, procurement and…
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Global digitisation specialist for energy, Implico Group, has repositioned its management team, announcing Rolf Adam as CEO. This comes after CEO Tim Hoffmeister leaves at his own request after four years with the company. Regarding his leave, Hoffmeister says: ‘In the last years, we have reorganised our internal processes and structures, we have successfully built up our partner network, and…
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Deutsche ReGas, liquid natural gas (LNG) company and the developer of the FSRU-based LNG terminal in the Port of Lumbin, have confirmed huge interest in the facility following an open season. The available annual regasification capacity for long-term bookings of 11.7 billion m³ have been significantly oversubscribed at 15.2 billion m³. Stephan Knabe, chairman of the supervisory board of…
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ETT, a VTTI terminal in the Port of Rotterdam, has signed a contract to handle and store sustainable aviation fuel (SAF) for one of their customers.  The contract expands ETT’s development into low-carbon fuels and builds on the terminals ambition to become a key hub for storing SAF. This aids in the energy transition and helps to build the emerging renewable value chain in the Port of…
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Aramco, energy and chemical company, has launched a $1.5 billion (€1.5 billion) fund in technology that can support a stable and inclusive energy transition. The fund plans to invest in technologies that support the company’s announced net-zero 2050 ambition in its wholly owned operational assets, in addition to the development of new lower-carbon fuels.   The fund, which will target…
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Centrica has announced that the Rough gas storage facility, located in the North Sea, will reopen, having undergone significant engineering upgrades over the summer and commissioning over autumn.  This will be the first gas injection into the site in over five years and will establish Rough’s ability to store up to 30 billion cubic feet (849 million m3) of gas for UK homes and businesses over…
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Qatar’s state-owner petroleum company, QatarEnergy, and multinational oil and gas corporation, ExxonMobil, have agreed to market and sell the liquified natural gas (LNG) produced by Golden Pass LNG. Both companies currently hold shares in Golden Pass LNG, located in Texas, USA. The construction of Golden Pass LNG is well underway, with first LNG production expected by the end of 2024. The…
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Global specialty chemicals company, LotteFine Chemicals is due to receive a blue ammonia shipment from petrochemical company, Saudi Basic Industries Corp Agri-Nutrients (SABIC AN) via vessel this December. The shipment of blue ammonia is a low-carbon alternative to conventional grey ammonia and the shipment will consist of about 25 kilometre-tonnes (KMT) of accredited blue ammonia. This will be…
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A state-appointed commissioner formally approved the setting up of a new liquified natural gas (LNG) terminal in the Italian port of Piombino.  Preparatory works will be undertaken by SRG.MI and the floating storage and regasification unit (FSRU) will be part of a broader plan designed by the former government of Mario Draghi to replace decreasing Russian gas supplies.   Rome announced that…
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PetroChina International, a Chinese oil and gas company, has taken the first of three liquified natural gas (LNG) tankers from China’s Hudong-Zhonghua Shipbuilding Group. The vessel has capacity for 174,000 m3  of LNG and cost $600 million (€597 million). It is one of three that were ordered in 2020 as part of the joint venture between PetroChina International, Shanghai LNG and Cosco…
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EPC (Engineering Procurement and Construction) contractor TGE has signed an EPCS contract with Cylingas for the design of an ethylene tank for the Borouge 4 Project, located in the Ruwais Industrial Area, Abu Dhabi, UAE.   The Abu Dhabi Polymers Company (Borouge) is a joint venture company between Abu Dhabi National Oil Company (ADNOC) and Borealis.  The tank will be designed as a full…
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Investment firm VH Global Sustainable Energy Opportunities (VH GSECO) has had a breakthrough on a first –of-its-kind net-zero flexible power generation project. The project, based in Workshop, Nottinghamshire, UK, will support the transition towards net-zero carbon emissions from power generation without relying on any public subsidy or government support. The funding for the construction of…
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Schlumberger has announced its new name: SLB. This is to highlight the company’s vision for a decarbonised energy future and its evolution from an oilfield services company to a global technology company focused on driving energy innovation for a balanced planet. The Schlumberger brand and nearly all its affiliated brands will become one under the new SLB brand. ‘Today we face the world’s…
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Edinburgh-based oil and gas company Harbour Energy and Associated British Ports (ABP) has announced a commercial relationship to develop a CO2 import terminal at the Port of Immingham, UK. This will link to Harbour Energy’s Viking CCS (formerly V Net Zero), the CO2 transport and storage network. The terminal will provide a large-scale facility to connect CO2 emissions from industrial…
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US hydrogen solutions provider, Plug Power, is launching a joint venture with chlor-alkali producer, Olin Corporation, to build a 15-tonne-per-day hydrogen plant in St Gabriel, Louisiana, US.   The joint venture, named Hidrogenii, will support reliability and speed of supply of green hydrogen to North America. Plug will exclusively market the plant’s output and provide logistical support for…
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Tank storage company Evos, Port of Amsterdam and Hydrogenious LOHC have signed a memorandum of understanding (MoU) to achieve large-scale import facilities for hydrogen at the Port of Amsterdam. The facilities will comprise a liquid organic hydrogen carrier (LOHC) dehydrogenation plant with a final release capacity of up to 100-500 tonnes of hydrogen per day, as well as related storage and…
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Vopak Singapore is exploring the possibility of the expansion of its ammonia storage infrastructure at its Banyan terminal. The company is considering import and export capabilities for low-carbon power generation and bunker fuels.   The expansion, subject to a final investment decision, will add new storage capacity for ammonia to predominantly support the power and maritime sectors. Vopak…
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