News
Celebrating 35 years of operations in Singapore, Advario’s vice president for Southeast Asia, Ian ter Haar, speaks exclusively to Tank Storage Magazine
Since the first terminal was commissioned in 1990, Advario Singapore has grown its footprint over the past few decades. Now celebrating its 35th year of operations, the company has not only built a vast range of developments, but trust,…
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Baker Hughes has received a full notice to proceed from Technip Energies on behalf of Commonwealth LNG to supply primary liquefaction equipment for Commonwealth LNG’s 9.5 million tonnes per annum (MTPA) export facility currently under development in Cameron, Louisiana, USA.
The award, which includes six refrigerant turbo compressors comprising LM9000 aeroderivative gas turbines paired with…
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Abu Dhabi National Oil Company (ADNOC) in partnership with Eni S.p.A. (Eni) and PTT Exploration and Production Public Company Limited (“PTTEP”), today announced the successful signing of a landmark structured financing transaction of up to $11 billion, (€9.5 billion) to monetise Hail and Ghasha’s midstream future gas production.
Hail and Ghasha is part of the larger Ghasha Concession,…
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Adrian Lenning, managing director, Odfjell Terminals looks at what is in store in the tank storage industry for 2026
Like all industries connected to global trade, we are affected by ongoing geopolitical uncertainty. Over the past year, several macro factors have reshaped product flows:
Tariffs and geopolitics have created a ‘wait-and-see’ sentiment in the market, extending decision…
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GrandPersepctive’s Simon Bunegar explains how Shell Moerdijk is making award-winning process safety even better
When people think of Europe’s largest petrochemical facilities, they often imagine sprawling infrastructure, vast networks of pipelines, towering distillation columns, and the sheer scale of production that powers everything from plastics to packaging. This can only happen when…
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Shaun Revere, chief operating officer at IMTT speaks to Tank Storage Magazine about the companies predictions for 2026
The storage terminals market is stable right now, despite geopolitical and economic uncertainty. We’re certainly not in a contango situation, where we predict prices for products to go up in the near future. In fact, most of our products are in a state of backwardation, which…
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MISTRAS has announced that Bechtel has selected the company to deliver non-destructive testing (NDT) services for the Woodside Louisiana LNG terminal, a multibillion-dollar LNG production and export facility under construction in Sulphur, Louisiana, USA.
The project, which is permitted up to 27.6 million tonnes per annum of LNG production, is one of the most significant energy infrastructure…
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The Bp Board has appointed Meg O’Neill as bp’s next chief executive officer (CEO), effective 1 April 2026. Murray Auchincloss has decided to step down from his position as CEO and director of the board, effective Thursday, 18 December 2025. Carol Howle, current executive vice president, supply, trading & shipping of Bp, will serve as interim CEO until Meg joins as CEO. Murray will serve…
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Radboud Godron, group business development director new energies & Dewien Jagmohan, commercial and business development director Europe see what is in storage for the company in 2026
The year 2025 marked a pivotal chapter in the journey of LBC Tank Terminals. With the acquisition by Mitsui O.S.K. Lines (MOL Group), one of the world’s largest and most respected shipping companies, LBC has…
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With the US industrial sector projected to face 1.9 million unfilled jobs by 2032, according to Deloitte, and equipment failures causing up to 20% production losses, SMBs are under pressure from workforce shortages, costly downtime, rising operating costs, supply chain disruptions and the complexities of adopting Industry 4.0 technologies.
'Small- and medium-sized manufacturers are the backbone…
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Seeq, a global leader in industrial analytics, AI, and enterprise monitoring for industrial companies, has been named a Front Runner within the inaugural Industrial AI: Advanced Analytics Solution Selection Matrix (SSM) by LNS Research. Seeq was recognised as a market leader for its category-leading product innovation, human-centered approach, partner-friendly architecture, and exceptional…
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On 17 December 2025, the European Commission presented measures to strengthen the Carbon Border Adjustment Mechanism (CBAM) to prevent circumvention, ahead of its full entry into operation in 2026. The package includes a proposal for a regulation to extend to additional steel- and aluminum-related downstream products, a temporary decarbonisation fund (estimated at €600 million), the CBAM review…
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INEOS has announced a major £150 million (€170 million) investment to underpin the long-term future of its Grangemouth site in Scotland, one of the UK’s most important industrial assets and a critical hub for the nation’s manufacturing and energy sectors.
Supported by the UK Government, and facilitated by NatWest Group, the investment will upgrade key production units, improve energy…
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Archive edition:
Vol 21 Issue 05
Date published: December 2025
[real3dflipbook id='23']In this issue...
SPECIAL: Storage Outlook 2026
Catch up with leading terminal operators and owners from around the globe to see what’s in store for 2026. Featuring Exolum, Evos, LBC Tank Terminals, IMTT and more
Advario Celebrates 35 Years in Singapore
Vice president for…
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Square Robot, Inc., a global leader in submersible robotic tank inspection, has announced the completion of a new funding and collaboration with Marathon Petroleum Corporation, a leading integrated downstream and midstream energy company operating the largest refining system in the United States.
Marathon will participate in the Series B funding round alongside several other investors. As part…
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Juliana Manolova, chief commercial officer at Evos, looks at what’s in store for 2026 in the tank storage industry
Evos operates a network of eight tank storage terminals strategically located across six major ports in five European countries. This footprint puts us right at the heart of our customers’ supply chains where the storage is essential for energy security and economic…
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Guidant Measurement, a leader in precision-engineered flow measurement technologies, has announced the acquisition of Satam, a respected European manufacturer of flow measurement solutions with a strong presence in Europe, Africa, and global energy markets.
The acquisition unites two trusted brands with deep expertise in custody transfer and terminal automation. By adding Satam’s proven…
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Building on the success of its award-winning Heat-Flex CUI-mitigation coatings, Sherwin-Williams Protective & Marine has earned two notable energy industry awards for its innovative, next-generation industrial thermal insulative system Heat-Flex Advanced Energy Barrier (AEB). This revolutionary thermal insulative system not only offers excellent thermal efficiency but also eliminates the…
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Technip Energies has been awarded a detailed engineering contract for PTTEP’s Arthit Carbon Capture and Storage (CCS) facilities project in the Gulf of Thailand by Thoresen Jutal Offshore Engineering Heavy Industries Limited (Thailand).
PTTEP is leading the Arthit CCS Project, which will serve as a pilot for cultivating expertise and driving CCS adoption in Thailand. This project represents a…
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VTTI and Höegh Evi are taking the next step in the permitting process for Zeeland Energy Terminal (ZET). With the publication of the draft Scope and Level of Detail Memorandum (draft NRD) and the participation proposal by the Ministry of Climate and Green Growth (KGG), an important milestone for the Netherlands’ energy supply has been reached.
The Zeeland Energy Terminal is planned in the…
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A new HCSS report finds that in a large-scale conflict, the Netherlands and the wider EU would struggle to meet surging military fuel demand while keeping the civilian economy running.
_via @TankStorageInfo
https://tankstorage.com/all-news/partner-news/europe-risks-fuel-shortages-in-wartime-new-hcss-report-warns/