News

The OVERLEAF project will aim to decarbonise the skies by introducing a liquid hydrogen storage tank to fuel hydrogen-powered aircraft. The project was launched in May and will run for three years. OVERLEAF comprises a 10-strong consortium from six European countries. It will be led by Aciturri Engineering and will include various leading companies and academics in the aeronautics sector. The…
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Oman’s Ras Markaz oil storage facility, located in the Special Economic Zone at Duqm, is due to be commissioned by the end of this year, according to the CEO of Oman Tank Terminal Company (OTTCO). The Ras Markaz facility will initially be able to hold 5.2 million barrels of crude oil for the Duqm Refinery project. The Duqm Refinery project is a joint venture between Oman’s OQ Group and…
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Central African countries have signed an agreement to establish a network of oil and gas pipelines and hub infrastructures, which will aim to strengthen energy supply and reduce dependence on imports of refined products. The project hopes to construct three multinational oil and gas pipeline systems of approximately 6,500km, storage depots, liquified natural gas terminals, at least three…
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duisport and Port of Antwerp-Bruges have signed a long-term partnership, with the main objective of the partnership being to expand cooperation in the areas of the energy transition, rail and hinterland connections, and port infrastructure. The areas set out for expansion, are all of outstanding importance for the reliable supply of industry and the stabilisation of German-Belgium supply chains…
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U.S. Venture and gener8tor announce the launch of an investment accelerator programme for start-ups focused on sustainability and mobility in Appleton. The U.S. Venture Mobility and Sustainability Investment Accelerator, powered by gener8tor, will provide investment, support, mentorship, and access to in-state and out-of-state capital for early-stage small businesses and start-ups in the United…
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The largest international event for the tank storage sector, StocExpo, is launching a brand-new pitch contest to help companies highlight their latest innovations. The pitch contest will take place on day one (March 14th, 2023) of the StocExpo event on 14-16 March in Rotterdam and will be open to all exhibitors. Each pitch is limited to just five minutes. Held as part of the new Asset…
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The Italian engineering firm Ecospray announces that it has gained a new contract from Germany’s Ruhe Group to build two biomethane plants and three CO2-liquefaction plants. Each project involves the construction of a complete system for pre-treatment, upgrading, liquefaction of biomethane and the liquefaction of CO2, with associated storage and cryogenic tank filling. The first project is…
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Maritime hydrogen technology firm Zero Emissions Industry has gained investment from firms including US energy producer Chevron in its latest funding round. The funding round, which closed recently, was led by investments by Chevron New Energies and provided support from US shipping and logistics company Crowley. The company produces fuel cell power and hydrogen systems for the shipping…
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Uniper and Vesta have signed a Memorandum of Understanding to investigate the feasibility of refurbishing and expanding an existing storage facility, in hope of creating the first green ammonia hub ‘Greenpoint Valley’ in North-West Europe. Uniper intends to book capacity in the terminal to create an entry point into the Northwest European markets for the growing green ammonia and hydrogen…
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Niagara Falls, New York, is to gain a green hydrogen production site, as Linde announces plans to build a 35MW PEM electrolyser at the iconic location. Linde have they expressed it will be the largest electrolyser installed by the company globally to date and will double its green liquid hydrogen production capacity in the US. The new project will see Linde build, own, and operate the…
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Swiss drone company, Flyability, announces that it has raised an additional CHF 15 million (€15.3 million) in a series C funding on top of CHF 7 million (€7.1 million) that it had already closed. This was led by Japan-based SBI Investment with new investor participation from Cargill and Verve Ventures. Yoshitaka Kitao, the Representative Director, Chairman and President of SBI Investment Co.…
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McDermott International, alongside its storage business, CB&I, has been awarded a Front-End Engineering Design (FEED) contract from Gunvor Petroleum for the Green Hydrogen Import Terminal project. The project is part of Gunvor’s programme to transition the Rotterdam facility into a green energy hub. CB&I will provide the FEED of the ammonia tank and associated Inside Battery Limits…
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A five-party agreement on the construction of a petrochemical facility has been announced. The facility will include an LNG plant and terminal, which has been signed off by the Eastern Economic Forum. The document signed by several parties confirms that the facility is to be built in the settlement of Pavlovsk, Yakutia. Vladimir Kozhokar, Executive Director of Starway Logistics, says: ‘The…
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The world’s largest oil and gas digitalisation event is returning to Houston. The Energy Conference Network will host the IoT in Oil and Gas conference for the eighth consecutive year. The two-day event will bring together some of the most influential thought leaders in the energy industry to discuss how digitalisation will shape the future of the gas and oil sector. ‘We’re so excited and…
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A large fire has erupted at an oil depot in Kryvyi Rih, Ukraine after Russian forces attacked the depot, launching missiles that hit the base. An air alert was announced in the region when the explosions were heard. The previous day, Russian forces launched an attack of two missile strikes on the Kryvyi Rih district. Governor Vilkul has confirmed that large stock of fuel has been destroyed, and…
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Renergen has launched South Africa’s first commercial LNG production plant as part of the first phase of its Virginia gas and helium development. In a recent statement, the firm said that the Virginia gas project is now operational, transitioning Renergen from explorer to producer by producing liquid hydrocarbons, with helium module producing liquid set to take place soon. Renergen will find…
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Electricity Supply Board and asset-focused energy company dCarbonX are joining to develop large-scale energy storage projects off the Irish coast. ESB and dCarbonX believe there is a great opportunity to develop large-scale storage capacity off the Irish coast. The upcoming joint venture will focus on three different green hydrogen storage opportunities based on proposed decarbonisation…
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The VDMA Valves Association elected a new board. Axel Weidner, Mankenberg GmbH, was again elected chairman of the association and the new vice chairman is Oliver D. Gessert, KWC Aquarotter GmbH. In addition belong to the executive board of the association: Rolf Kummer (Armaturenfabrik Franz Schneider GmbH + Co. KG), Martin Leser (LESER GmbH & Co. KG), Johannes Rump (Oventrop GmbH & Co.…
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Gascade, alongside partners NEL and OPAL & Co., is expected to provide the first LNG link to the German gas network. The LNG pipeline link should be ready before the end of 2022. The transmission system operator plans to build the pipeline, measuring a few hundred metres long, connecting a first floating storage regasification unit (FSRU) to land as part of the ‘Deutsche Ostee’ LNG…
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China Petrochemical Corp, also known as Sinopec, the world’s largest refiner by volume, says it will further boost its green hydrogen manufacturing capabilities and expand its hydrogen refuelling network nationwide to establish itself as China’s largest hydrogen company. The company will utilise its nationwide gas refuelling network and actively build its hydrogen refuelling network in…
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