News

MISTRAS has announced that Bechtel has selected the company to deliver non-destructive testing (NDT) services for the Woodside Louisiana LNG terminal, a multibillion-dollar LNG production and export facility under construction in Sulphur, Louisiana, USA. The project, which is permitted up to 27.6 million tonnes per annum of LNG production, is one of the most significant energy infrastructure…
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The Bp Board has appointed Meg O’Neill as bp’s next chief executive officer (CEO), effective 1 April 2026. Murray Auchincloss has decided to step down from his position as CEO and director of the board, effective Thursday, 18 December 2025. Carol Howle, current executive vice president, supply, trading & shipping of Bp, will serve as interim CEO until Meg joins as CEO. Murray will serve…
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With the US industrial sector projected to face 1.9 million unfilled jobs by 2032, according to Deloitte, and equipment failures causing up to 20% production losses, SMBs are under pressure from workforce shortages, costly downtime, rising operating costs, supply chain disruptions and the complexities of adopting Industry 4.0 technologies. 'Small- and medium-sized manufacturers are the backbone…
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Seeq, a global leader in industrial analytics, AI, and enterprise monitoring for industrial companies, has been named a Front Runner within the inaugural Industrial AI: Advanced Analytics Solution Selection Matrix (SSM) by LNS Research. Seeq was recognised as a market leader for its category-leading product innovation, human-centered approach, partner-friendly architecture, and exceptional…
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On 17 December 2025, the European Commission presented measures to strengthen the Carbon Border Adjustment Mechanism (CBAM) to prevent circumvention, ahead of its full entry into operation in 2026. The package includes a proposal for a regulation to extend to additional steel- and aluminum-related downstream products, a temporary decarbonisation fund (estimated at €600 million), the CBAM review…
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INEOS has announced a major £150 million (€170 million) investment to underpin the long-term future of its Grangemouth site in Scotland, one of the UK’s most important industrial assets and a critical hub for the nation’s manufacturing and energy sectors. Supported by the UK Government, and facilitated by NatWest Group, the investment will upgrade key production units, improve energy…
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Juliana Manolova, chief commercial officer at Evos, looks at what’s in store for 2026 in the tank storage industry  Evos operates a network of eight tank storage terminals strategically located across six major ports in five European countries. This footprint puts us right at the heart of our customers’ supply chains where the storage is essential for energy security and economic…
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Archive edition: Vol 21 Issue 05 Date published: December 2025 [real3dflipbook id='23']In this issue... SPECIAL: Storage Outlook 2026 Catch up with leading terminal operators and owners from around the globe to see what’s in store for 2026. Featuring Exolum, Evos, LBC Tank Terminals, IMTT and more Advario Celebrates 35 Years in Singapore Vice president for…
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Square Robot, Inc., a global leader in submersible robotic tank inspection, has announced the completion of a new funding and collaboration with Marathon Petroleum Corporation, a leading integrated downstream and midstream energy company operating the largest refining system in the United States. Marathon will participate in the Series B funding round alongside several other investors. As part…
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Guidant Measurement, a leader in precision-engineered flow measurement technologies, has announced the acquisition of Satam, a respected European manufacturer of flow measurement solutions with a strong presence in Europe, Africa, and global energy markets. The acquisition unites two trusted brands with deep expertise in custody transfer and terminal automation. By adding Satam’s proven…
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Building on the success of its award-winning Heat-Flex CUI-mitigation coatings, Sherwin-Williams Protective & Marine has earned two notable energy industry awards for its innovative, next-generation industrial thermal insulative system Heat-Flex Advanced Energy Barrier (AEB). This revolutionary thermal insulative system not only offers excellent thermal efficiency but also eliminates the…
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Technip Energies has been awarded a detailed engineering contract for PTTEP’s Arthit Carbon Capture and Storage (CCS) facilities project in the Gulf of Thailand by Thoresen Jutal Offshore Engineering Heavy Industries Limited (Thailand). PTTEP is leading the Arthit CCS Project, which will serve as a pilot for cultivating expertise and driving CCS adoption in Thailand. This project represents a…
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Carlos Molina, commercial network lead at Exolum, looks at what’s in store for 2026 in the tank storage industry  Throughout 2025, the price structure of petroleum products has generally been characterised by backwardation, which has limited time-spread trading activity and encouraged operators to optimise their working capital. Nevertheless, the market remains subject to…
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VTTI and Höegh Evi are taking the next step in the permitting process for Zeeland Energy Terminal (ZET). With the publication of the draft Scope and Level of Detail Memorandum (draft NRD) and the participation proposal by the Ministry of Climate and Green Growth (KGG), an important milestone for the Netherlands’ energy supply has been reached. The Zeeland Energy Terminal is planned in the…
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ECI-hub and Tank Storage Association have released a powerful learning resource for COMAH sites, storage terminals and high-hazard industries. To mark the 20th anniversary of the Buncefield explosion, ECI-hub, in partnership with the Tank Storage Association (TSA), launches a new animated case-study video that brings the events of 11 December 2005 vividly to life as an engaging, practical…
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Kate Rainford reports back from Port Tarragona after another successful edition of Med Hub Day The Port of Tarragona hosted the 9th edition of Med Hub Day on 13 and 14 November, continuing to address the industrial developments of chemical and petrochemical products in the Mediterranean cluster. The event welcomed a range of industry professionals, prompting networking opportunities and…
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Advario has begun storing green methanol at our Daya Bay Terminal in China. This marks another development in our journey to support lower-carbon marine fuels. The company announced on a post on LinkedIn, that through a new trial operation with Shenzhen Port Energy Development, it has received green methanol by truck and deliver it by vessel to Shenzhen Port for use in bunkering services for…
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The NNPC/Heirs Energies OML 17 Joint Venture have advanced Nigeria’s gas commercialisation and environmental stewardship agenda with the signing of Gas Flare Commercialisation Agreements under the Nigerian Gas Flare Commercialisation Programme (NGFCP) and approved Non-NGFCP frameworks. The ceremony marks a significant transition from regulatory approvals to structured commercial execution,…
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Guidant Measurement has been selected to supply the first fiscal hydrogen metering system in Norway for the Bodø H₂ Terminal, marking a significant milestone in the country’s expanding hydrogen infrastructure. The project, awarded in Autumn 2025, includes the engineering, design, and delivery of a complete fiscal metering system purpose-built for hydrogen service. Delivery is scheduled for…
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Tepsa Tarragona has officially launched Tank Pit 9, adding 21,000 m³ of new capacity and bringing the terminal's total to 128,000 m³. In a post on LinkedIn, the company said: 'Over just six years, Tarragona has doubled its capacity, making it one of our fastest-growing terminals...and the journey isn't over yet! A second expansion phase is already underway, aiming for 150,000 m³.' With its…
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