News
The UK arms of Shell and Equinor have completed a deal to combine their UK offshore oil and gas operations to form a new company. Adura will be the largest independent producer in the UK North Sea, with an expected output of 140,000 barrels of oil equivalent per day (22,258 m3) in 2026.
Neil McCulloch, who will lead Adura as CEO, bringing more than 30 years' experience in the energy sector,…
Read More »
Read More »
Gerotto announces the signing of an exclusive distribution agreement for Italy with DERC Salotech, a Dutch company internationally recognised for its water jetting technologies and magnetic robots dedicated to industrial cleaning.
This partnership allows Gerotto to further expand its offering in the field of robotic solutions for operating in confined spaces and areas at risk of explosion,…
Read More »
Read More »
HES Botlek Tank Terminal (HBTT) has agreed on a new long-term agreement with one of its key customers, resulting in 65% of its storage capacity being dedicated to biofuels as of 1 January 2026. This achievement surpasses HBTT’s strategic target of 60% biofuels by 2028, more than two years ahead of schedule.
This milestone is a significant step in HES International’s broader sustainability…
Read More »
Read More »
LBC Tank Terminals and Duisburger Hafen AG (duisport) have announced the signing of a memorandum of understanding (MOU) for the intention to initiate a joint development of a new inland ammonia and CO2 terminal in Duisburg, Germany. This agreement marks a significant milestone in LBC’s and duisport’s ongoing commitment to supporting the energy transition and decarbonisation of the European…
Read More »
Read More »
Raytec, a global leader in LED lighting for security and safety critical applications, has announced the acquisition of Atexor Oy, a Finnish specialist in portable ATEX and IECEx lighting.
This strategic acquisition broadens Raytec’s product portfolio and reinforces its commitment to delivering high performance lighting for any hazardous location.
David Lambert, Managing Director of Raytec,…
Read More »
Read More »
VTTI has commissioned a new bitumen facility at VTTI Malaysia (ATB), marking another milestone in the company's continued growth and investment in Asia. The company announced the achievement on LinkedIn.
'This development reinforces VTTI’s commitment to delivering energy solutions that support our regional growth, diversification and reliability across Southeast Asia,' comments Janice Kuan…
Read More »
Read More »
Uniper and thyssenkrupp Uhde have signed a framework agreement that lays the foundation for the construction of commercial ammonia cracking plants. Uniper has secured license packages for the use of thyssenkrupp Uhde’s ammonia cracking technology.
The agreement covers up to six large-scale plants with a total capacity of 7,200 tonnes of ammonia per day. This project is an important step in…
Read More »
Read More »
TotalEnergies has decided to demobilise its floating LNG terminal in Le Havre, France. The terminal was set up in 2022, when Europe faced a major energy crisis due to the sharp decline in Russian gas imports. The FLNG terminal acted as a safety net, providing additional gas import capacity in the event of significant consumption peaks caused by winter weather conditions or geopolitical…
Read More »
Read More »
Harold Laurence, principal consultant at Trinity Consultants examines the concept of maximum true vapor pressure and how the US EPA and industry practices will impact tank owners
The US Environmental Protection Agency (EPA) developed the concept of ‘maximum true vapor pressure’ (MTVP) to identify storage vessels subject to emission standards. The MTVP concept dates to EPA’s earliest tank…
Read More »
Read More »
Vivo Energy is to acquire 100% of the shares in TotalEnergies Marketing Jordan. On completion of the transaction, Vivo Energy – which currently operates around 4,000 service stations across 28 markets – will take over TotalEnergies Marketing Jordan, including its network of around 180 service stations in Jordan, together with its commercial fuels and lubricants operations.
Stan Mittelman,…
Read More »
Read More »
Peel Ports Group, the UK’s second largest port operator, has appointed Jonathan Rayner as its chief commercial officer, strengthening the executive team as the business advances its long-term growth strategy.
Rayner joins the group from London Luton Airport, where he served as CCO from 2020. His earlier career includes senior commercial and operational roles across major UK airports and…
Read More »
Read More »
OCI Global is selling 100% of its equity interests in OCI Ammonia Holding to AGROFERT, a significant European nitrogen products manufacturer. The transaction is valued at €290 million.
OCI AH owns both OCI Terminal Europoort – OCI’s ammonia import and storage terminal in Rotterdam – and OCI Ammonia Distribution – OCI’s ammonia distribution platform, serving third party off-site…
Read More »
Read More »
Aramco has announced 17 Memoranda of Understanding (MoUs) and agreements with a potential total value of more than $30 billion (€26 billion) with major companies in the US, through its Aramco Group Companies. These MoUs and agreements build on the 34 MoUs and agreements announced in May, which had a potential total value of approximately $90 billion (€78 billion), all supporting toward…
Read More »
Read More »
Involving employees at every level of the chain is the best way to ensure a successful digital strategy, according to the experts at QADworks
Digital transformation is a term often met with apprehension. For many, it conjures images of disruptive, top-down directives and complex systems being forced upon an organization, leaving employees with a stark choice: adapt or be left behind. This…
Read More »
Read More »
The Japan Organization for Metals and Energy Security (JOGMEC) has renewed its agreement with Saudi Aramco for crude oil storage, transportation, and tank leasing for the next three years.
JOGMEC will lease 13 crude oil storage tanks to Saudi Aramco at the CTS facility in Okinawa, Japan. This will give Saudi Aramco the capacity to store around 8.2 million barrels (1.3 million m3) of crude oil…
Read More »
Read More »
Dialog has announced the expansion of Phase 3 of the Pengerang Deepwater Terminals (PDT) in Pengerang, Johor, southeastern Malaysia, following the entry into a conditional long term service agreement (LTSA) between Dialog Terminals Pengerang, (DTP5), Dialog Terminals and BP Singapore.
This conditional LTSA will add an additional 614 000 m3 of tank capacity for refined petroleum products and…
Read More »
Read More »
The Tank Storage Association has reaffirmed its commitment to good major hazard leadership with the launch of a refreshed Safety Leadership Charter.
The Safety Leadership Charter outlines seven pledges focused on managing major hazard risks through an engaged, positive, informed, and cooperative safety culture. These pledges uphold the original Principles of Process Safety Leadership, which…
Read More »
Read More »
TotalEnergies has announced the signing of an agreement with Energetický a průmyslový holding, a.s. (EPH) for the acquisition of 50% of its flexible power generation platform (gas-fired and biomass power plants, batteries) in Western Europe (Italy, United Kingdom and Ireland, Netherlands, France), valued at €10.6 billion.
Under the agreement, EPH will receive the equivalent of €5.1…
Read More »
Read More »
Arash Ilbagi, principal engineer and Richard Foecke, head of NDT products at ROSEN explain the new automated evaluation of ultra high-resolution MFL data
Tank bottoms are subject to constant mechanical stress and environmental exposure. Even minor degradation can compromise structural integrity. Traditional inspection methods often rely on manual interpretation and limited resolution, which…
Read More »
Read More »
OpenTAS has appointed Monica Hildinger as Co-CEO and will jointly run the OpenTAS Group together with Harald Wentsch (CEO).
Monica has now assumed the responsibility for technology in addition to product management and go-to-market. Her mandate is to unify product strategy with platform engineering and IT operations, governing architecture, data and security, and delivery, to drive measurable…
Read More »
Read More »
CONNECT WITH US
📣 Registrations for #TSA2026 are open!
A big thank you to our media partner @TankStorageInfo for supporting #TSA2026 | 17 September 2026 | @CBSArena | Coventry❗
✔️Find out more about @TankStorageInfo: https://tankstorage.com/
➡️ Don't miss #TSA2026: https://tankstorage.org.uk/conference-exhibition/
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/