News
Global fluid handling solutions company OPW, part of Dover Corporation, has bought US-based Girard Equipment’s ISO Liquid Tank Container product line.
The product family includes manlids, pressure/vacuum relief vents, airline ball valves, composite footvalves and top discharge butterfly valves. OPW will manufacture the product line at its facility in Lianyungang City, Jiangsu Province, China,…
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Easton Energy CEO Joel McComas tells Tank Storage Magazine about salt
caverns and oil storage in Texas
HYDROCARBON storage comes in all kinds of shapes and sizes – huge tanks, small tanks, in barrels, on ships, even in railway wagons and pipelines in recent months – but one of the biggest by capacity is in underground salt caverns.
Underground salt caverns are created through a process…
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Why three former Oiltanking colleagues decided to launch Tivoli Midstream during a global pandemic.
IN JULY 2020, three former Oiltanking colleagues and industry veterans announced that they had set up a new midstream, logistics and services company, Tivoli Midstream. Rance Fromme, Rick Adams and William Brod have over 70 years of experience between
them, and decided the time was right to go…
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The only things rising are bankruptcies and distressed asset sales in the US shale industry
WE’VE never had a downturn like this, that affected shale on a global basis as much as this has,’ says Daniel Lippe, managing partner at Petral Consulting Company in Houston, Texas. ‘Never in 100 years has demand suddenly evaporated as it did in March of 2020.’
COVID-19 quarantines kept cars in…
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Peter Lidiak, vice president of regulatory affairs, International Liquid Terminals Association (ILTA), looks at the latest US standards
SECURITY and safety are two core values of bulk liquid terminal operators. As part of the critical infrastructure community, bulk liquid terminals must pay close attention to the safety of not only their workers and contractors but also the communities in which…
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Inspection solutions provider MFE Rentals has partnered with global robotics leader Boston Dynamics to offer its customers access to the Spot robot.
Boston Dynamics’ Spot robot is designed for remote and hazardous environments and can be used for a number of applications, such as automating documentation of construction progress, and providing situational awareness in remote settings. It can…
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The organisers of the 15th Anniversary Technical Conference ‘Tank Farms and Oil Terminals: Operation, Modernisation, Development’, have released the list of participants..
The conference will be held at the Solo Sokos Hotel Palace Bridge in St Petersburg, Russia on 26–27 November 2020. The participants include chief technical officers of tank farms and oil terminals from Russia, alongside…
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Belgian engineering and consultancy company Agidens has appointed Hedwig Maes as its new CEO from 1 October 2020.
Maes has more than 30 years’ experience in industrial automation and industrial systems. He studied industrial electronics at IHAM and business economics at Universitaire Faculteiten Sint-Ignatius Antwerpen (UFSIA) in Antwerp, Belgium. He was formerly the senior vice president…
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S&B Infrastructure, a Texas, US-based engineering firm, has bought Cape Environmental Management’s (CAPE’s) domestic and international fuels businesses.
CAPE’s fuel businesses will allow S&B to offer specialist fuelling services, mainly to aviation, including commercial airports and military airfields, as well as in-house industrial services such as storage tank construction and…
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German company TGE Gas Engineering has launched a new business unit – Plant Optimization & Services.
The company says that all activities related to maintaining the value of customers’ existing plant assets and optimising these to the latest technology have been grouped into the new unit. This will allow customers to benefit from an extended lifetime of their facility, the safest…
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Valve and actuator manufacturer Bonomi has launched a new UK website which includes a digital version of its new product catalogue.
The completely redesigned site divides the company’s ever-expanding range into six categories, allowing visitors to quickly navigate to what they are looking for. The categories are process valves, brass valves and regulators, actuators and actuated valves,…
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Analysts from Vostock Capital have prepared a free-to-download report on investment projects for storage and processing capacities, ports, pipelines and railway transport systems in Russia.
The report is being made available prior to the 15th Annual Technical Conference and Exhibition ‘Oil Terminal’, which will be held on 26-27 November 2020 in Sochi, Russia. Ongoing and promising investment…
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THE European Commission’s latest action in this area is the publication of a Clean Hydrogen Strategy.
The EU clean hydrogen strategy is focused on creating ‘clean’ hydrogen supply chains in the EU and developing EU leadership in clean hydrogen infrastructure such as electrolysers. The objective is to use clean hydrogen to help the process of decarbonising the EU economy in a cost-effective…
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IN THE second of the new professional webinar series, held on 18 June 2020, Tank Storage Magazine spoke to three experts to find out how the global oil storage market has been affected by the current COVID-19 pandemic and what might happen next.
The webinar, entitled ‘How COVID-19 & the plummeting oil price has impacted the global storage market’, was moderated by Patrick Kulsen,…
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EPCA acts as the primary business network in Europe for the global petrochemical community, bringing together more than 700 companies from more than 50 countries. Its annual meeting is the largest petrochemical industry event in Europe, and would normally attract around 2,500 attendees. While the global COVID-19 pandemic means the event cannot physically take place, organisers are still planning…
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SWEDISH chemical supplier and trader Wibax grabbed headlines recently when it bought Baltic Tank, a chemical terminals operator in neighbouring Finland.
Prior to the acquisition of Baltic Tank, Wibax already had nine terminals in Sweden and another in Finland, with a total storage capacity of 450,000 m3, and offices in Sweden, Norway and Finland. Its main storage products include tall oil,…
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WHILE much of the news in the tank terminals business is about the boom in oil storage as a result of COVID-19, companies storing other types of products are continuing to see steady, less dramatic demand increases. One such business is Maastank, a wholly owned subsidiary of the Dekker Group, situated in the Botlek area of the Port of Rotterdam.
Maastank specialises in handling vegetable oils,…
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IN THE 16th century, Antwerp, in Belgium, was already a hugely significant and growing global port, and it was said that half of the world’s trade passed through its docks. The traders brought great wealth to the city, which was growing rapidly. In a little over 150 years, the population had risen from around 20,000 to more than 100,000. It was in this bustling atmosphere that the general cargo…
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MEDIA reports of the release of hazardous vapours from a chemical plant in India with fatalities in the surrounding neighbourhood1,2,3 awakens memories of 2-3 December 1984 and the disaster in Bhopal4.
The incident in Visakhapatnam, Andhra Pradesh, India has multiple causes as described in the Report of the Joint Monitoring Committee to the National Green Tribunal5 which investigated the…
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THE LESSONS Learned Bulletin on Chemical Accident Prevention and Preparedness (CAPP) is a publication of the Major Accident Hazards Bureau (MAHB) of the European Commission’s Joint Research Centre (JRC). The MAHB is the EU’s centre of reference for study and exchange of information on chemical accident analysis and risk management. It fulfils obligations imposed by the Seveso Directive…
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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/