News
R2E Group, a management service company for the energy industry, has announced its alliance with Resilient Shield, cyber security specialists, to provide specialised cyber security services to the energy industry’s critical infrastructure. The alliance was formed to bridge the gap between energy industry business experience and cyber security functional and technical socialised expertise.…
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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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IKAV, the international asset management group, agrees to acquire Aera Energy LLC (‘Aera’), through two separate transactions with the joint subsidiaries of ExxonMobil and Shell respectively. Both transactions are subject to regulatory approval.
Aera, one of California’s largest oil and gas producers, produced an estimated 95,000 barrels of crude oil per day, in 2021.
Aera will remain the…
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StocExpo, the world’s leading bulk liquid storage event, which will be held 14-16 March 2023 at the Rotterdam Ahoy, is searching for the industry’s most dynamic professionals who are under the age of 40.
The initiative, now in its second year, showcases the rising stars of the industry – in tank storage, bulk liquid and the linked supply chain professions. The StocExpo 2023 Forty Under 40…
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The UK government has requested consultations for views on hydrogen transport and storage infrastructure business models, as well as regularity arrangements for strategic planning and the role of blending. The announcement follows the government’s commitment to the British Energy Security Strategy (BESS) to create new business models for hydrogen transportation and storage infrastructure by…
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Shanghai and its local departments have announced extensive plans to build a regional hydrogen pipeline network and a national trading platform. Lin Boqiang says: ‘Hydrogen plays an important part in China’s promotion of new energy development to peak carbon emissions by 2030 and reach carbon neutrality by 2060.’
The concerted efforts to reduce emissions and carbon footprint include the…
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GPS Group has announced the successful completion of its LPG storage terminal in Port Klang, Malaysia, with its first commercial operation in May of this year.
Situated in Port Klang, Malaysia’s busiest port, the new infrastructure will enable cost-advantaged shipments of fully laden very large gas carriers (VLGC) into Malaysia and the region. The fully automated facility makes it possible to…
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Fluxys, Advario Stolthaven Antwerp, and Avario Gas Terminal have joined forces to study the viability of an open-access green ammonia import terminal at the Port of Antwerp-Bruges. The plan includes offering the market a solution to growing demands for importing and storing green energy and raw materials in connection to ongoing decarbonisation.
Fluxys, Advario Stolhaven Antwerp (a 50:50 joint…
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Oman’s Ministry of Energy and Minerals signed an agreement with Oman Tank Terminal Company (OTTCO) for the development of a new pipeline which will export Oman blend crude oil at the Ras Markaz crude oil terminal in the port town of Duqm, Oman.
OTTCO, a wholly owned subsidiary of the OQ Group (Oman’s international integrated energy company), has an ambition to create world-class oil-storage…
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The conference programme for the upcoming AntwerpXL, the award-winning breakbulk, heavy-lift and project cargo event, has been unveiled.
AntwerpXL returns in 2022 and will bring the breakbulk community together again to showcase innovative technology, overcome industry challenges, and make connections. One of the highlights of the exhibition will of course be the Main Deck Conference, which…
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Phenol and acetone producer INEOS Phenol has agreed to acquire the entire asset base of Mitsui Phenols Singapore from Mitsui Chemicals, a leading Japanese chemicals manufacturer, for a total consideration of $330 million (€330 million). The business has a turnover of $750 million and employs 120 people, that will transfer to INEOS Phenol, on completion expected during Q1 next year.
The move…
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A COSCO Shipping Lines containership has been successfully filled with marine biofuel in TotalEnergies’ first such bunkering operation in Singapore. The containership was bunkered with biofuel from TotalEnergies comprising VLSFO (very ow sulphur fuel oil) blended with 20% second-generation, waste-based and ISCC-certified UCOME (used cooking oil methyl ester).
Support from the Maritime and Port…
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A fire that broke out at the Matanzas Supertanker Base in Cuba on 5 August 2022 reportedly came under control five days later on 9 August, after flames engulfed four of the eight storage tanks at the facility. As well as local firefighters, reinforcements from Mexico and Venezuela helped fight the blaze with boats, planes and helicopters by spraying foam on the containers.
The fire at the…
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Horisont Energi, a Norwegian clean energy company, and Koole Terminals, a leading independent liquid bulk storage company, have announced plans to develop a new CO2 terminal in the Port of Rotterdam. The terminal and storage facility will handle both clean ammonia and CO2. Several hectares will be redeveloped for tank storage, multi-modal connections and access to at least two deep-sea jetties.…
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The Australian federal government has given the gas and oil industry the green light to explore new offshore sites, spanning 46,758km2 of Commonwealth waters. 10 new sites off the coasts of the Northern Territory, Western Australia, Victoria and the Ashmore and Cartier Islands have been opened up for exploration.
‘The annual release of areas for offshore petroleum exploration supports ongoing…
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INOXCVA, an Indian multinational, among the world’s leading manufacturers of cryogenic equipment and solutions, has waved off the largest bulk liquid hydrogen storage tank ever made in India. The tank has left INOXCVA’s Kandla facility in India to a clean energy demonstration project in South Korea. With a massive storage capacity of 238m3, the cryogenic storage tank is built to European…
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The United States’ Department of Energy (DOE) has announced $40 million (€40.1m) in funding to advance the development and deployment of clean hydrogen technologies. The move represents a significant stride towards President Biden’s goals of creating a net zero carbon economy by 2050.
The aim is to advance the DOE’s Hydrogen Shot goal of reducing the cost of clean hydrogen to $1 per kg…
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Rosen Group, a global supplier of pipeline integrity management technology, has won the contract to carry out in-line pipeline inspections across Malaysia for the next five years.
Malaysian subsidiary Rosen Engineering will carry out the work for Petronas and Petroleum Arrangement Contractor (PACs). The Pan Malaysia In-Line Inspection (ILI) contract will see Rosen inspect approximately 200…
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UK safe access and fluid transfer company Carbis Loadtec Group has successfully commissioned six chemical bottom loading stations for a UK client, as part of a site wide policy to remove hoses from tanker operations.
The project will also make the working environment safer and ergonomic. The arms are a mixture of stainless and carbon steel, designed to meet the client’s exacting process…
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Expert tank consultant and Tank Storage Magazine contributor Earl Crochet has joined the board of directors of Square Robot, a leader in robotic tank inspection.
Crochet brings more than 34 years of experience in pipelines and terminals, where he has held roles in engineering, operations, business development, environmental health and safety (EH&S), and management.
‘We are delighted and…
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