News
Global Infrastructure Partners (GIP), a part of BlackRock and one of the world’s leading infrastructure investors, has entered into a definitive agreement to acquire a 49.99% interest in Eni CCUS Holding (Eni CCUS), a leading global platform in the carbon capture, utilisation, and storage (CCUS) sector.
Eni CCUS currently encompasses the Liverpool Bay and Bacton projects in the UK,…
Read More »
Read More »
Aramco has signed an $11 billion (€9.4 billion) lease and leaseback deal involving its Jafurah gas processing facilities with a consortium of international investors, led by funds managed by Global Infrastructure Partners (GIP), a part of BlackRock.
Jafurah is the largest non-associated gas development in the Kingdom of Saudi Arabia, estimated to contain 229 trillion standard cubic feet of raw…
Read More »
Read More »
In another blow to the UK's industrial infrastructure, the country's largest bioethanol plant will begin closing down operations, after the government decided not to offer the sector a rescue package. 160 jobs are set to be lost at Vivergo, a subsidiary of Associated British Foods, despite warnings that the would close without government support. AB Foods has highlighted the May UK-US trade deal…
Read More »
Read More »
The 41st annual Asia Pacific Petroleum Conference (APPEC) by S&P Global – Asia’s leading energy conference – will take place from September 8 to 11, 2025, at the Raffles City Convention Centre in Singapore.
A cornerstone of the energy industry for the past 40 years, this premier gathering of close to 1,500 industry leaders, experts and executives across 65 countries aims to explore the…
Read More »
Read More »
Centrica has confirmed that its trading arm, Centrica Energy, has entered into a natural gas sale and purchase agreement with US-based Devon Energy.
Under the agreement, Devon Energy will supply 50,000 (MMBtu) per day of natural gas over a 10‑year term starting in 2028. This is equivalent to five LNG cargoes per year. The volumes will be indexed to European gas hub price (TTF). This sale and…
Read More »
Read More »
Norway has resumed oil and gas exploration in the North Sea for the first time since 2021, inviting bids for licences in the Barents Sea, Norwegian Sea, and parts of the North Sea. Energy Minister Terje Aasland comments: 'Oil and gas are the engine of the Norwegian economy.' The licensing round has apparently already attracted 'great interest' from industry.
The decision has reignited calls in…
Read More »
Read More »
Greenergy, a leading European producer of biodiesel from waste, announces a 10-year extension to its lease with the Port of Amsterdam, reinforcing its long-term commitment to biofuel production in the Netherlands.
Since acquiring the Amsterdam biodiesel plant in 2018, Greenergy has made significant investments to convert the plant to manufacture waste oils, and most recently, to expand the…
Read More »
Read More »
Centrica is to acquire the Isle of Grain liquified natural gas terminal (Grain LNG) in partnership with Energy Capital Partners from National Grid for an enterprise value of £1.5 billion (€1.7 billion). After taking into account approximately £1.1 billion of new non-recourse project finance debt, Centrica’s 50% share of the equity investment is approximately £200 million.
This move in is…
Read More »
Read More »
Aster has signed a memorandum of understanding (MoU) to invest in and partner with Aether Fuels, a Singapore- and US-based start-up pioneering breakthrough production technology for cost-competitive sustainable liquid fuels. This partnership aligns with Aster’s strategic launch of Aster Ventures, which is dedicated to providing synergistic investment capital to support Aster’s core energy,…
Read More »
Read More »
The global oil landscape is changing, with Asia becoming the central growth driving and evolving supply-demand patterns impacting market dynamics. The team at S&P Commodity Insights will be covering this exact topic, and more, at APPEC 20205, taking place on 8-11 September in Singapore.
'It's been quite a year,' says Jim Burkhard, S&P Global Commodity Insights vice president & head…
Read More »
Read More »
Greenlyte Carbon Technologies and MB Energy have signed a strategic landmark agreement covering the offtake of e-methanol from Greenlyte’s LiquidSolar facility in Marl, Germany, as well as advanced offtake intentions for future projects.
Just days after officially securing multi-million euro funding from the European Union and the federal state of North Rhine-Westphalia for Greenlyte’s…
Read More »
Read More »
Chiyoda has been awarded an engineering, procurement and construction (EPC) contract from Saibu Gas to build a new LNG tank at the Hibiki LNG base, Japan. This will enhance the base's LNG capacity, which currently has two LNG tanks already in operation. The third tank is expected to be completed by 2029.
Representatives from government agencies, local authorities and other stakeholders attended…
Read More »
Read More »
Returning to Rotterdam for its ninth edition, the Global Tank Storage Awards (organised by Tank Storage Magazine) is now open for nominations.
The prestigious awards are a key event in the industry calendar, taking place the evening before StocExpo (9 March 2026). Highlighting excellence in the storage terminals industry, the awards are an opportunity to put an individual or company in the…
Read More »
Read More »
AVTL has announced a positive final investment decision to build a greenfield terminal for 132,000 m3 LPG and 318,000 m3 liquid products and a LPG bottling plant of 35,000MT capacity in the JNPA port in Mumbai, India. This is AVTL's second terminal in the JNPA port which will help grow its market share in servicing a highly industrialised and fast growing hinterland of West and central regions in…
Read More »
Read More »
Energy Transfer LP has reached a positive financial investment decision (FID) for the expansion of its Transwestern Pipeline to increase the supply of natural gas to markets throughout Arizona and New Mexico from Energy Transfer’s premier asset base in the prolific Permian Basin. Transwestern’s Desert Southwest pipeline expansion will provide reliable economic supplies of natural gas to…
Read More »
Read More »
MOL has imported 85,000 tonnes of CPC blend crude oil and signed an oil trading agreement with Kazakhstan's national oil company, KazMunayGas (KMG). The relationship between MOL and KMG dates back to 2004 and continues to strengthen: at the end of 2024, the companies signed a cooperation agreement to leverage opportunities in Kazakhstan. The current oil trading agreement further strengthens the…
Read More »
Read More »
After decades of success under its old name, a new chapter begins for Petronord GmbH; the company will now operate under the name MB Energy Last Mile GmbH. MB Energy announced on LinkedIn that the rebrand is part of the company's overall rebranding effort, bringing more than 50 individual brands from the former Mabanaft Group brought together under the MB Energy brand – for more visibility,…
Read More »
Read More »
Technip Energies has been awarded a major Engineering, Procurement, and Construction (EPC) contract by Commonwealth LNG for its 9.5 million tonnes per annum (mtpa) liquefied natural gas (LNG) facility located in Cameron Parish, Louisiana, USA.
The contract covers the delivery of six identical liquefaction trains using Technip Energies’ SnapLNG by T.EN modular and scalable solution. By…
Read More »
Read More »
Evero, the low-carbon energy-from-waste wood company, has been selected by the UK Government to enter negotiations to transform its Evero Ince Biomass plant into the nation's first bioenergy with carbon capture and storage (BECCS) facility. This project looks to provide clean energy to the grid while permanently removing CO₂ from the atmosphere.
Located within the HyNet Cluster, the project…
Read More »
Read More »
Uniper have entered into negotiations with the UK Government to develop its Connah’s Quay Low Carbon Power project. On a post on LinkedIn, Uniper said that the government’s support for the development of carbon capture and storage infrastructure, creates the framework needed for pioneering projects like the Connah’s Quay Low Carbon Power project, and is vital for moving towards Clean Power…
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/