News

Baker Hughes has agreed to acquire Continental Disc Corporation (CDC), a leading provider of safety-critical pressure management solutions, from investment partnerships managed by Tinicum Incorporated in an all-cash transaction for approximately $540 million (€467 million). Headquartered in Liberty, Missouri, USA, CDC designs and manufactures rupture discs, rupture disc holders, burst disc…
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John Crane and a business of Smiths Group, has announced the launch of the Type 93AX Coaxial Separation Seal – a next generation dry gas sealing solution engineered to help customers reduce emissions, improve equipment reliability, and lower operational costs. The Type 93AX builds on John Crane’s legacy of industrial sealing expertise with a robust, fail-safe design that remains operational…
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Neste has reached an agreement with Amazon to provide 7,500 tonnes of neat Neste MY Sustainable Aviation Fuel for its Amazon Air cargo operations at San Francisco International Airport and Ontario International Airport in California, US, through to the end of 2025. This agreement makes Amazon the first company to purchase and use sustainable aviation fuel (SAF) at Ontario International Airport,…
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GTT has signed two joint development projects (JDPs) with HD Hyundai Heavy Industries (HHI), aimed at advancing the design of LNG carriers. This new collaboration is paving the way towards an optimised membrane-tank integration to enhance onboard ergonomics and vessels’ operational performance. These projects reflect a shared commitment to developing practical, forward-looking solutions that…
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Tank Storage Magazine reflects on the key learnings from another hugely successful StocExpo Storage terminal professionals descended on Rotterdam on 11 & 12 March for StocExpo’s milestone 20th edition. Held during a pivotal time for the global energy sector, StocExpo 2025 delivered an expanded programme featuring brand new conference streams, live technology demonstrations, and exclusive…
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Tree Energy Solutions (TES) and Ramboll have completed a joint engineering study for a CO₂ export terminal at TES’s Green Energy Hub in Wilhelmshaven, Germany. The study concludes this month and sets the stage for the next phase of pre-FEED. The collaboration assessed technical alternatives for CO₂ imports by rail and exports by ship. The terminal is designed to support carbon capture and…
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Stephen Pepper, senior consultant for PFAS programmes at CTEH, explores ways for storage terminals to stay safe and compliant when managing firewater The management of firewater is an essential and often neglected part of the overall industrial fire protection challenge, especially for facilities using aqueous film forming foam (AFFF) to extinguish flammable liquid fires. Operators of tank…
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JERA has announced that it has finalised 20-year agreements to procure up to 5.5 million tonnes per year of liquefied natural gas (LNG) from the United States. The agreements advance JERA’s long-term strategy to build a diversified and resilient LNG procurement portfolio in support of stable, secure energy for Japan and Asia. Through long-term offtake commitments, the agreements are expected…
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Norne and Port of Aalborg have signed 30-year exclusive agreement, accepted a EU CEF grant and have launched the construction of a CO2 hub. Backed by an EU Connecting Europe Facility Grant, the project will deliver world-scale CO₂ reception infrastructure and unlock economies of scale for Denmark and the European Union. Since establishing an exclusive partnership in 2021, the Norne Carbon…
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Stolthaven Terminals, through its joint venture Tianjin Stolthaven Lingang Terminal (Stolthaven Lingang), has signed a Memorandum of Understanding (MoU) with Itochu Corporation to collaborate on storage and logistics solutions for green methanol. This strategic partnership will focus on supporting the growing demand for low-carbon fuels through the development of a methanol bunkering system and…
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CEO of UAB-Online, Hans Bobeldijk, reflects on the company’s success at the 2025 Global Tank Storage Awards UAB Online was founded in 2010 with a clear mission; to streamline and digitalise communication and operations within the maritime liquid bulk industry. The company has achieved this by creating a global SaaS platform, uniting all stakeholders and making mutual processes safe, efficient…
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Experts from the Carbon Capture & Storage Association explain how the UK’s CCUS market is looking The UK stands on the brink of an industrial transformation. Prime Minister Kier Starmer’s series of energy-related commitments, including the Clean Power 2030 Mission and his COP29 announcement late in 2024, to reduce greenhouse gas emissions by at least 81% from 1990 levels by 2035, show the…
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Neste and Chevron Lummus Global (CLG) are partnering to drive innovation in renewable fuels. The companies have joined forces to develop a new technology enabling conversion of lignocellulosic biomass into high-quality, lower-emission renewable fuels, such as sustainable aviation fuel (SAF) and renewable diesel. The joint development has reached the first major milestone, and the piloting…
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Celebrating its 25th anniversary this year, World LNG Summit & Awards will convene the most senior energy leaders from across the global value chain on 2-5 December in Istanbul, Türkiye . During the four-day summit, discussions will cover the impact of geopolitical trends and disruptions, the evolving global LNG market, energy security and expansion, and the ongoing drive for…
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LAND highlights how its fixed thermal imaging solutions are helping improve combustion efficiency and reliability in grate incinerators in a new application note that includes example images and data from real installations. Energy from Waste (EfW) plants are already a crucial part of many countries’ energy mix, but operators face significant challenges due to the heterogeneous nature of the…
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TotalEnergies has signed an agreement with Shell Brasil Petróleo, to exchange its 20% non-operated interest in the Gato do Mato project for an additional 3% interest in Lapa, a producing offshore oil field. Upon closing, TotalEnergies will increase its stake in Lapa to 48% (Operator), alongside Shell (27%) and Repsol Sinopec (25%). Located in the Santos Basin, 270 kilometers off the coast of…
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A new logistics company has launched in Louisiana with a mission to offer US based, veteran-owned solutions for capital projects across the Gulf Coast region. Gulf of America Logistics (GOAL) is headquartered in Bossier City, Louisiana, US, and enters the market at a time of significant investment in large-scale energy, infrastructure and industrial developments. Led by managing partner Brent…
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On 10 June 2025, the International Liquid Terminals Association (ILTA) announced the winners of its Safety & Leadership Awards. And the winners are... Outstanding Young Professional Award: Marissa Karl, Buckeye Partners Distinguished Service Award: Harold Laurence, Trinity Consultants Platinum Safety Award Winners Small Company: Howard Energy Partners Large Company: Marathon Petroleum…
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Sir Jim Ratcliffe welcomed Belgian Prime Minister Bart De Wever to INEOS' €4 billion Project ONE site in Antwerp - Europe’s largest chemical investment in a generation. With over 2,500 workers on site and commissioning set to begin this Autumn, the project is transforming the industrial landscape. INEOS posted the announcement on LinkedIn, with comments from the PM. De Wever says: 'The…
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Dennis Mendenhall, safety manager at Marathon Petroleum explains the rigorous safety culture in the Terminals organisation Marathon Petroleum's Terminals organisation has recently achieved two consecutive years of record safety performance, as measured by the US government’s Occupational Safety and Health Administration (OSHA) recordable incident rate. How did the organisation do it? It…
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