News

Petredec has launched the Tanga LPG Terminal project, a landmark open-access facility that will bolster energy security and support Tanzania’s clean cooking objectives. Set to be the largest of its kind in the country, the terminal is being developed in partnership with the ASAS Group of Companies, a long-established Tanzanian conglomerate and leader in fuel and LPG transport, whose involvement…
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Giacomo Prandelli unpacks how US volatility is flipping the script for storage terminals worldwide, and how to turn it into an opportunity Welcome to the wild world of storage terminals, where the US market’s ups and downs keep everyone guessing! If you’re in the business of storing oil, gas, or chemicals, you know one thing for sure: what happens in America doesn’t stay in America. It…
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Anamika Talwaria examines the case for going digital, and the barriers terminal CISOs have to overcome to modernise their sites For many storage terminal facilities, digitalisation and automation are an inevitable future. Such traditional workforces can be resistant to change – especially to processes that are highly regulated and fine-tuned. But stepping into the digital world can bring a raft…
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Enjoy this first look at Gastech 2025 in Milan and how the conference is set to accelerate global energy security and innovation Gastech 2025 the world’s largest conference and exhibition for natural gas, LNG, hydrogen, climate technologies, and AI-powered solutions, will take place in Milan, Italy, from 9-12 September. As the industry navigates an evolving geopolitical and economic landscape,…
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Eni and YPF have signed an agreement for the Argentina LNG project during the meeting between the president of the Republic of Argentina, Javier Milei, and the Prime Minister of Italy, Giorgia Meloni. The agreement defines the required steps to reach the final investment decision for the phase of the project that includes the production, treatment, transportation and liquefaction installations of…
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Honeywell has completed the acquisition of Sundyne from private equity firm Warburg Pincus for $2.16 billion (€1.9 billion) in an all-cash transaction. The acquisition of Sundyne—a leader in the design, manufacturing, and aftermarket support of highly-engineered pumps and gas compressors for process industries—is expected to be immediately accretive to Honeywell's sales growth and segment…
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Tim Doggett, CEO of the Chemical Business Association, explores how Brexit and other challenges have disrupted the chemical supply chain, and what needs to be done to restore trade between the UK and the EU The chemical supply chain is one of the most critically important global industries. Not only does it play a role in the manufacture and distribution of most of the world’s products, but…
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Kate Rainford speaks to a range of non-destructive testing companies about the essential role it plays at storage terminals Non-Destructive testing (NDT) plays a critical role in ensuring the safety, reliability, and efficiency of materials, components, and systems within storage terminals, where the safe and efficient handling of high-risk materials is crucial. NDT allows for safer, non-invasive…
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Carbon Clean and MODEC have signed an agreement to jointly develop and scale Carbon Clean’s CycloneCC carbon capture technology for offshore applications. The collaboration will accelerate progress toward the deployment of a fully commercialised CycloneCC solution on MODEC’s industry-leading FPSO designs. Under the agreement, a pilot plant is targeted for installation on an FPSO in 2026.…
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BMT has been selected by McDermott to deliver a state-of-the-art Integrated Marine Monitoring System (IMMS) for the Woodfibre LNG facility in Squamish, British Columbia. Woodfibre LNG is poised to become the world’s first net zero LNG export facility, utilising British Columbia’s renewable hydropower and cutting-edge emission reduction technologies to set new industry benchmarks for…
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Exolum has begun operating the fuel storage and distribution network at Paris-Charles de Gaulle Airport, the European Union’s largest airport. Exolum will manage and maintain the fuel distribution facilities after being awarded a 20-year concession by Aéroports de Paris (ADP). In agreement with the ADP Group, Exolum will invest more than €200 million in the maintenance and improvement of…
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IMTT’s VP for environment, health, safety and security, Traci Johnson, shares her journey from chemical engineering into terminals and leadership Traci Johnson began her terminals career with IMTT as an assistant during her undergraduate degree in chemical engineering. ‘It was the Christmas break of my freshman year, and my dad asked me what I was planning on doing that summer,’ recalls…
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Sam Porter, CEO, NeuVentus, speaks exclusively to Tank Storage Magazine about the company’s salt caverns storing hydrogen and natural gas in Texas In 2021, as the US Congress passed the Infrastructure Investment and Jobs Act and began debating Build Back Better (which ultimately became the Inflation Reduction Act), it was clear that, if all of the various policies and incentives for low-carbon…
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Jonathan Feys, chief commercial officer at GTS, speaks to Tank Storage Magazine about how the company is preparing for a sustainable future Ghent Transport and Logistics (GTS) is structured into five different business units in the Port of Ghent, Belgium. These five business units work in a range of areas, including liquid and dry bulk storage, trading of waste streams, warehousing linked to car…
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A new hydrogen pipeline that connects northern North Rhine-Westphalia to Evonik’s Marl Chemical Park and the Gelsenkirchen refinery in Germany has been completed. As part of the Get H2 initiative, the 50km green hydrogen pipeline is to begin operations in Germany, enabling green hydrogen to flow directly to Marl. It will then be used in chemical production and energy supply. 41km of a former…
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Wood has been awarded a series of decarbonisation contracts with a value of $100 million (€87.7 million) for flare gas reduction and carbon efficiency project solutions across the largest oil fields in Iraq. Wood will deliver brownfield engineering, procurement and construction (EPC) and modifications solutions to enhance operational efficiency and minimise environmental impacts, in support of…
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Tank Storage Magazine looks back at another successful and insightful International Energy Week in London, UK International Energy Week returned to London (UK) at a brand-new venue on 24-26 February 2025. Hosted for the first time at the QEII Centre, the event brought together industry leaders and experts from all over the globe to discuss workable steps towards a cleaner, and more renewable…
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How Dow is using big data monitoring to extend tank and basin service life AT ITS industrial site in Stade, northern Germany, Dow Chemical achieved a global first: the deployment of a fully integrated, multi-sensor structural health monitoring (SHM) system across its tank and containment infrastructure. Developed by Texplor Group and certified by the German TÜV inspection agency, this solution…
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FETSA’s executive director Ravi Bhatiani responds to the EU’s latest White Paper and what role the terminals industry has to play in defence In late March, the EU announced a White Paper on Defence, as part of the ReArmEU discussions to increase EU defence readiness for worst case scenarios. In an era of rapid geopolitical shifts, the European Union is stepping up to protect its citizens and…
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TGE has released an update on the construction work at INEOS Project One's Antwerp, Belgium, site. TGE is constructing a tank roof for the 197,000 m³ ethylene tank. The tank roof will be covered by a total of 4,000 m³ of concrete. Given its vast size, TGE is applying the concrete in two equal layers - with the first layer having been successfully completed. To support the weight of the wet…
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