News

Jul 2, 2025
BWC Terminals' board has elected Georganne Hodges as its next chair, effective July 1, 2025. Hodges has served as a member of BWC Terminals’ board since 2022 and will succeed Randy Daniels, who is retiring from the board at the end of his term June 30, 2025. Hodges has more than 35 years of experience providing financial, commercial, and operational leadership and governance across the energy…
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Jul 2, 2025
Hartree Partners, a global energy and commodities trading company, has closed its acquisition of ED&F Man Commodities’ four core business units: Volcafe (coffee), ED&F Man Liquid Products (molasses, animal feeds, and fish oil), ED&F Man Sugar, and ED&F Man Cotton. The closing follows the acquisition of the majority of ED&F Man’s outstanding A2 and B1 Senior Secured Legacy…
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Jul 2, 2025
Coastal Bend LNG has initiated development of a 22.5 million tonne per annum (mtpa) natural gas liquefaction and export facility on the Texas Gulf Coast, US. Coastal Bend LNG’s planned development will include up to five 4.5 mtpa liquefaction trains, cogeneration, LNG storage tanks, and export facilities for shipping, bunkering, and ISO containers. Carbon capture, transport, and storage will be…
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Jul 1, 2025
Mitsui O.S.K. Lines (MOL) has officially become the 100% shareholder of LBC Tank Terminals, following the successful completion of the acquisition on June 30, 2025. This follows the initial announcement in March 2025 and marks the beginning of a new chapter for LBC. This next phase positions LBC to grow with greater scale and ambition, aligned with MOL Group’s BLUE ACTION 2035 management plan,…
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Jul 1, 2025
Shell Canada Energy has announced that the first cargo of liquefied natural gas (LNG) has left the LNG Canada facility on the west coast of Canada. At 40%, Shell has the largest working interest in the LNG Canada joint venture. Located in Kitimat, British Columbia, the facility will export LNG from two processing units or ‘trains’ with total capacity of 14 million tonnes per annum…
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Jun 30, 2025
Solvay and Enagás have signed an agreement to develop a hydrogen storage hub in Polanco, Cantabria, Spain. The project will leverage Solvay's proven expertise in developing salt caverns infrastructure - originally created for soda ash production operations and repurposed into storage under the coordination of Enagás, which brings its expertise in energy transport and hydrogen infrastructure to…
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Jun 30, 2025
The UK’s Tank Storage Association shares its reaction to the government’s Clean Energy Industries Sector Plan and what it means for storage terminals   On 23 June 2025, the UK government launched its long-awaited and wide-ranging industrial strategy, outlining its plans to drive industrial competitiveness and support innovation over the next decade. The publication follows a…
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Jun 30, 2025
The owner of the Lindsey oil refinery at Immingham, UK, has crashed into insolvency, putting hundreds of jobs at risk. Prax Group's parent company, Sate Oil, has called in administrators amid mounting losses at the refinery. 420 employees at the refinery are at risk, though Unite the Union said this figure could be up to 1,000 when taking into account contractors and the wider supply chain. 'The…
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Jun 27, 2025
The Chemical Business Association (CBA) has expressed deep disappointment over the exclusion of the chemical supply chain and the wider chemical sector from the Government’s newly announced Industrial Strategy, despite the essential role the sector plays in UK industry and, indeed, the wider economy. The Industrial Strategy, which is a 10-year plan aimed at driving growth in eight key sectors,…
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Jun 27, 2025
Centrica and PTT have signed a heads of agreement for a long-term LNG supply deal. Under the agreement, PTT will supply LNG to Centrica for a 10-year period across a range of destinations in Asia, with deliveries expected to begin in 2028. This agreement marks a significant step forward in Centrica’s strategic efforts to grow its LNG portfolio. The agreement provides access to diverse markets…
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Jun 26, 2025
Storengy Germany will receive EU funding of up to €4.5 million from the European Connecting Europe Facility (CEF) fund for the implementation of studies. This is intended to advance the further development of the SaltHy hydrogen storage project in Harsefeld in the Stade region of Lower Saxony. CEF is a funding instrument that aims to promote growth, jobs and competitiveness in Europe through…
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Jun 26, 2025
ADNOC has signed an agreement with Revterra to trial a novel kinetic battery technology to support ADNOC’s efforts to advance climate technology solutions. The first-of-its-kind unit will be piloted at ADNOC Distribution's E2GO EV charging hub in Masdar City, Abu Dhabi, and used for electric vehicle charging, reinforcing our commitment to building sustainable infrastructure, powering the future…
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Jun 25, 2025
Inter Terminals Sweden (ITS), in close collaboration with Port of Södertälje, has taken a decisive step towards establishing an open and flexible infrastructure for captured CO₂ in the Mälardalen region, Sweden. The project begins with a front-end engineering design (FEED) and permitting process to enable intermediate storage of regionally captured CO₂ and loading onto vessels for further…
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Jun 25, 2025
Greenergy, a leading UK supplier and distributor of transportation fuels, has reached an agreement to increase its capacity at the Exolum terminal in Grangemouth, Scotland. The deal will allow Greenergy to significantly expand its ability to supply across Scotland. Caroline Lumbard, UK managing director at Greenergy, says: 'We’re strengthening our supply infrastructure in Scotland and this…
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Jun 25, 2025
EEMUA has released EEMUA 249 (Edition 1) which brings together guidance for operators to consider when managing the risk posed by piping dead-legs in all types of process plants and storage facilities. It supplements existing guidance by challenging assumptions, highlighting specific learning points identified by members of EEMUA and providing examples of inspection needs. EEMUA 249 has been…
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Jun 25, 2025
Saudi Arabian Basic Industries Corp (SABIC) has confirmed it intends to close the Olefins 6 facility in Teeside, UK. The cracker plant has been a staple of Teeside's chemical industry for 46 years, though the plant has been offline since the end of 2020 awaiting conversion projects to enable it to run entirely on gas feedstocks. Since it has been down, workers have been paid to keep the plant…
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Jun 25, 2025
SNOC and Emerge, a joint venture between Masdar (Abu Dhabi Future Energy Company) and the EDF Middle East have inaugurated Sharjah’s first utility-scale solar photovoltaic (PV) plant, ‘Sana’. This new facility covers a large area of 850,000 square meters and can produce 60 megawatts of energy. It is located next to the Sajaa Gas Plant. The 60MWp ground-mounted solar PV plant is also one of…
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Jun 24, 2025
Communities across Britain will benefit from good jobs and investment in the clean energy economy, as the government publishes its Clean Energy Industries Sector Plan to ‘build it in Britain’. Clean energy is the economic opportunity of the 21st century, and thanks to the government’s clean energy mission, investment is booming in the UK, with over £40 billion (€47 billion) of private…
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Jun 24, 2025
The Tank Storage Association (TSA) has published its Annual Review of the bulk storage and energy infrastructure sector. Now in its 10th edition, the publication continues to provide a broad range of statistics and valuable insights on terminals, process safety, occupational health and safety, and the industry’s contribution to the UK economy. It also highlights the changes that are currently…
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Jun 20, 2025
Aegis Vopak Terminals (AVTL), a strategic joint venture between Aegis Logistics Limited India and Royal Vopak is to develop an ammonia terminal in Pipavav, India. The terminal will be the first independent ammonia storage terminal in India. The brownfield terminal will facilitate ammonia imports, serving the extensive fertiliser market. As well as its usage in the fertiliser industry, ammonia is…
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