News

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…
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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…
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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,…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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US oil major, ExxonMobil, plans to close its ethylene plant located in Fife, Scotland, by 2026, impacting around 200 local jobs. The company has cited difficult market conditions and UK policy as a driving factor for its exit from the facility. 'The UK’s current economic and policy environment combined with market conditions, high supply costs and plant efficiency do not create a competitive…
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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…
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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…
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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…
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Shell Aviation and i6 Group have successfully completed the global deployment of its cloud-based fuel management technology across Shell Aviation’s global network. The rollout brings real-time data, improved safety and smarter fueling operations to Shell’s locations in North America, Europe, the Middle East and Asia-Pacific. The project’s final phase included deployment across Shell…
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Guy Bessant, president at Stolthaven Terminals reveals how the Houston terminal is using flow batteries on site to support their sustainability goals  Stolthaven Terminals is a leading provider of storage and handling solutions for chemicals, clean petroleum products, liquefied petroleum gases, biofuels, vegetable oils, alternative fuels and feedstocks. With more than 50 years of experience…
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Deutsche Energy Terminal (DET) and Hanseatic Energy Hub have signed a new agreement for DET to complete the superstructure of HEH's floating LNG terminal in Stade, Germany. This step gives DET access to the facility, allowing teams to begin inspection, planning, and the remaining construction work. DET can now mobilise its partners to secure materials and carry out the tasks needed to bring the…
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Technip Energies Loading Systems has been awarded a contract to supply three fully electric marine loading arms for phase 2 of the Northern Lights CO2 transport and storage project in Øygarden, Norway. The loading solution will be installed at the new Northern Lights jetty and will consist of three marine loading arms fully qualified to transfer liquefied CO2. For this second phase, Technip…
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The US Chemical Safety Board gives an update on its investigation into the deadly explosion at US Steel Clairton Coke Works facility in Pennsylvania  The US Chemical Safety and Hazard Investigation Board (CSB) has released an update on the agency’s ongoing investigation into the fatal explosion at the US Steel Clairton Coke Works facility in Clairton, Pennsylvania, USA earlier this year. The…
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Experts from GMI Insights explore how industry leaders are preparing for the energy transition and developing hydrogen market  As the world transitions to a low-carbon future, hydrogen is quickly becoming a central part of the clean energy transition. Hydrogen is already powering key industrial processes, and is also being developed as a valuable fuel source for transportation and energy…
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