News
The experts at Energex look at the investor trends shaping storage sector acquisitions and refinancing in 2026
As politics and economics realign, so too do the priorities of investors in tank storage and pipelines. For owners and operators, understanding how lenders and equity providers now assess risk and value has become central to both acquisitions and refinancing. While familiar fundamentals…
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The Port of Tarragona’s commercial coordinator, Jordi Anglès Jové, explores the energy transition projects developing in the Mediterranean
Europe is going through a period of historic transformation in the energy sector that will change the world of energy as we know it today. Decarbonisation and energy transition strategies, energy costs and the increase in renewable energy production are…
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Nefeli Charitou, consultant at S&P Global CERA Consulting, looks at the opportunities for liquid storage
The European liquid bulk storage industry is shifting away from traditional models, towards a period of change. Geopolitical turmoil, fragmented trade flows, and heightened energy security concerns intersect with ambitions for rapid energy transition. In this context, storage facilities…
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TotalEnergies has completed the merger between NEO NEXT and TotalEnergies' UK Upstream Oil & Gas business. The combined group has been renamed NEO NEXT+, with TotalEnergies holding a 47.5% shareholding interest.
This transaction makes NEO NEXT+ the largest independent oil and gas producer on the UK Continental Shelf, with an expected 2026 production of over 250,000 barrels of oil equivalent…
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Anew Climate, a global leader in low-carbon fuel solutions, and Avenir, a leading provider of LNG and Bio-LNG for the maritime sector, has announced the successful completion of their first joint liquefied biomethane (Bio-LNG) bunkering operation at the LNG terminal in the Port of Klaipėda, Lithuania, operated by KN Energies.
During the operation, Anew supplied certified waste-based Bio-LNG to…
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The Stolthaven Revivegen Kaohsiung Terminal (SHRVK) in Taiwan has commenced operations, offering world-class bulk liquid logistics services from a prime location at the heart of Asia-Pacific’s maritime trade routes.
Strategically located along a major global shipping route, SHRVK connects Asia-Pacific with international markets and serves as a key import, export and transshipment hub for bulk…
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As Europe continues to strengthen its approach to energy security, the role of effective carbon management is becoming increasingly important. Creating reliable pathways for the reduction, capture, transport and permanent storage of CO₂ is essential for enabling industries to meet their decarbonisation goals while ensuring a resilient energy system for the future. The German Carbon Management…
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The Engineering Equipment and Materials Users Association (EEMUA) has written to the UK Government and the Health and Safety Executive (HSE) to raise concerns about the ongoing review of the Pressure Systems Safety Regulations 2000 (PSSR) under the Government’s Regulatory Action Plan.
In a letter sent to the sponsoring Minister of State with primary oversight of the HSE and the Chief Executive…
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Phillips 66 and Kinder Morgan have extended the second open season for the Western Gateway Pipeline (Western Gateway), a newly proposed refined products pipeline system. The second open season provided additional receipt points and deliveries into the Los Angeles market via Kinder Morgan’s SFPP Watson to Colton, California line.
Based on continued interest, the extended open season, which will…
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Space4Good, a Dutch geospatial analytics company, has entered a technical partnership with RINA, a global consulting engineering, inspection and certification group operating in more than 70 countries.
The partnership brings together Space4Good’s satellite Earth observation and AI-based analytics with RINA’s engineering expertise. The two organisations will work on applications where…
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Phillips 66 Limited and Calor are marking 40 years since the commissioning of the Immingham LPG Caverns, a jointly owned underground storage facility that has supported UK LPG supply since 1986.
Located at the Humber Refinery LPG Terminal, the site comprises two underground caverns mined approximately 200 metres below ground in chalk. Each cavern provides around 110,000 m³ of storage capacity,…
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The experts at Samp explore why preparation, not execution, is driving cost, risk, and rework in tank terminals
In the tank storage industry, maintenance failures rarely happen because someone used the wrong tool or ignored a procedure. Far more often, they happen because the work was poorly prepared. By the time technicians arrive on site, key decisions are already fixed: access routes are…
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Dr. Therese Keck, head of professional services at Grandperspective, and content specialist James Gordon review the case for PGS-12 safety standards
Ammonia is fast becoming a fundamental pillar of Europe’s energy transition. What for years was considered a major fertiliser feedstock is increasingly being looked at as an energy carrier, a marine fuel and a hydrogen vector.
The environmental…
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Transnet National Ports Authority (TNPA) has appointed FFS Tank Terminals as the preferred bidder to refurbish and operate a liquid bulk terminal for a 25-year concession period at the Port of Cape Town. The terminal, specialising in edible oils and compatible cargo, is a brownfield development covering approximately 6,289 m² within the Liquid Bulk Precinct, boasting a projected investment value…
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Altrad employees at the Shell Bacton Gas Terminal in Norfolk have voted overwhelmingly to continue their pay-related strike action, which entered its sixth month.
GMB Union, which is representing the workers, recorded 100 per cent vote in favour on a 96 per cent turnout.
Altrad employees are currently paid around £1.20 per hour less than workers doing the same jobs at neighbouring…
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Dover Fueling Solutions (DFS), a part of Dover Corporation and a leading global provider of advanced customer-focused technologies, services and solutions in the fuel and convenience retail industry, introduces enhanced wireless connectivity for ProGauge DMP Magnetostrictive probes and ProGauge DMP Flex Magnetostrictive probes (formerly branded DFS DMP) with the launch of the ProGauge DMP…
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ABB is expanding its advanced leak detection portfolio with the launch of the workflow management platform EmissionVision, supporting faster methane leak repair across the natural gas industry. Built on ABB’s patented OA-ICOS laser absorption technology, EmissionVision streamlines the transition from traditional gas leak surveys to advanced leak detection. By connecting emission indications,…
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Bp has reached an agreement to sell its Gelsenkirchen refinery and related businesses to Klesch Group, an independent European refiner. The transaction represents another significant milestone in bp’s acceleration of its strategy, including simplifying the portfolio, strengthening the balance sheet and focusing the downstream on its leading integrated businesses.
Bp is now targeting $6.5 to…
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As seismic shifts are happening in the global geopolitical and economic landscape, a panel of experts at StocExpo 2026 looked at how these could impact product flows and how the tank storage industry may respond.
Ramon Ernst, integration leader at Curoil, looked at how the landscape keeps constantly shifting. ‘Two months ago, all we talked about was Venezuela,’ he said. ‘Now we are only…
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Evos Rotterdam has commenced the realisation of a major expansion project for (low-carbon) methanol and ethanol storage, following a signing ceremony held at the Port of Rotterdam. The ceremony was attended by Daan Vos, CEO of Evos, and Boudewijn Siemons, CEO of the Port of Rotterdam Authority, marking an important milestone in the collaboration between the two parties.
The project includes the…
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