News
TWTG's NEON Temperature Sensors have been deployed in Iraq.
In a post on LinkedIn, the company says: ‘We’re excited to share that our NEON Temperature Sensors have now been deployed in Iraq. A big thank you to our partner AL MARAFAA DMCC for their expertise and support in making this possible. The sensors are installed at wellheads, where precise temperature monitoring is critical for safety…
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Dependable factory calibration saves time during commissioning and provides better accuracy assurance than field calibration, says Daniel Hoy, Endress+Hauser
Since the dawn of human history, trade has been an essential part of the social construct, and every fair exchange depends on mutually agreed and fulfilled measures of goods. In trade industries, especially in the custody transfer of…
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Baker Hughes has announced that it has secured an enterprise agreement with Sinochem, a multinational chemical conglomerate, to deploy its Cordant Asset Health across ten of its chemical production plants in China. The agreement represents the first advanced enterprise-level digital deployment of Cordant in the region and highlights its continued expansion into chemical and industrial…
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Shell Eastern Trading has completed the previously announced acquisition of 100% of the shares in Pavilion Energy.
Pavilion Energy, headquartered in Singapore, operates a global LNG trading business with contracted supply volume of approximately 6.5 million tonnes per annum (mtpa). The acquisition includes Pavilion Energy’s portfolio of LNG offtake and supply contracts, regasification…
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StocExpo 2025 concludes with powerful conversations, new innovations, and a vision for the future of tank storage
The 20th edition of StocExpo, the world’s leading tank storage and energy infrastructure event, came to a close after two impactful days of insight, innovation, and inspiration at the Rotterdam Ahoy.
Held during a pivotal time for the global energy sector, StocExpo 2025 delivered…
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VARO Energy has reached an agreement to acquire Preem through the purchase of 100% of the share capital of the parent company, Corral Petroleum Holdings, in an all-cash transaction. Subject to customary closing conditions and the receipt of regulatory approvals the transaction is expected to be completed in the second half of 2025.
The agreement follows a competitive M&A process that began…
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https://youtu.be/azxon0A07VIEllen Daniels from the British Compressed Gases Association hosts a panel at StocExpo 2025, discussing how emissions control measures have changed over the years and looking towards the future of net-zero initiatives. She was joined by industry experts Margit Blok from VTTI, Peter Kerkhof from EEMUA and Shell, and Willem van der Zon from Vopak
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Avenir Ascension is to become the first bunker vessel world-wide to continuously run on bio-LNG for 2025.
As of 1 April 2025, Avenir Ascension will use bio-LNG for its own propulsion. The vessel will run 100% on bio-LNG for the remainder of 2025, reducing Avenir's CO2 emissions by more than 3,500 tonnes per year, equivalent to the annual emissions of over 2,000 passenger vehicles. As a leading…
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Wärtsilä will supply three 25DF dual-fuel engines for a new 18,600 m3 capacity LNG Bunkering vessel being built for Spanish operator Ibaizabal. The engines will feature Wärtsilä’s NextDF technology, which reduces methane emissions when operating with LNG fuel. The ship is being built at the Hudong-Zhonghua Shipbuilding yard in China, and the order was booked by Wärtsilä in Q4 2024.
LNG…
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SEFE Securing Energy for Europe and Delfin Midstream (Delfin) have signed a heads of agreement for the long-term supply of 1.5 million tonnes of LNG per year for at least 15 years.
The LNG will be sourced from floating LNG (FLNG) vessels that Delfin is deploying approximately 40 miles offshore near Cameron, Louisiana, on the US Gulf Coast. The free-on-board (FOB) deliveries will commence…
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JERA, EDF Trading (EDFT) and JERA Global Markets (JERAGM) have announced the expansion of JERAGM’s remit by its shareholders to include Japanese power trading. The respective Japanese power trading businesses of JERA and EDFT will be merged to operate alongside JERAGM’s global trading and optimisation business. JERAGM is a joint venture between shareholders JERA (66.67%) and EDFT (33.33%) and…
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Protectoseal, the global leader in the design, manufacture, and supply of safety-critical products, has appointed Andy McGlynn as managing director of their UK site in Greenfield, North Wales. The appointment comes as the company continues to expand following several years of record global demand for its market-leading line of flame arresters and pressure/vacuum relief vents.
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Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the Northern Lights development. The decision was made after signing a commercial agreement with Stockholm Exergi to transport and store 900.000 tonnes of biogenic CO2 annually for 15 years.
Customer commitment is a decisive part of realising a carbon capture, transportation and storage (CCS)…
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Emerson is expanding its DeltaV Automation Platform with the DeltaV version 15 Feature Pack 3 update for its distributed control system. New capabilities in Feature Pack 3 help users improve the availability of Ethernet-based field device networks through PROFINET system redundancy. Feature pack enhancements improve users’ ability to track changes and produce validation reports for version…
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Aramco and Air Products Qudra (APQ) have announced that Aramco has completed the acquisition of a 50% equity interest in the Jubail-based (Saudi Arabia) Blue Hydrogen Industrial Gases (BHIG). The agreement brings together experts in their respective fields with the aim of providing the Jubail Industrial City area with hydrogen, including lower-carbon hydrogen, at scale.
BHIG targets the…
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Arun Sriskanda, managing director at Oikos Storage, has been elected as the new President of the Tank Storage Association (TSA), the trade association representing all aspects of the UK’s bulk storage and energy infrastructure industry. Arun succeeds Wilma Kelly, safety, sustainability and engineering director at Certas Energy.
Peter Hollister, Group Head of Fuels and Lubricants at ASCO, has…
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TotalEnergies has announced investment decisions for six battery storage projects. In total, these projects amount to 221 MW of new storage capacity and an investment outlay of €160 million.
These projects were developed by Kyon Energy, a TotalEnergies affiliate acquired in 2024, and most will use next-generation batteries supplied by Saft, a TotalEnergies affiliate and leader in advanced…
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Golar LNG has entered into finance lease agreements with a consortium of leading Chinese leasing companies for the refinancing of the existing FLNG Gimi debt facility. The sale leaseback facility will be approximately $1.2 billion (€1.1 billion). The transaction is subject to closing conditions including documentation and third-party approvals. The facility is expected to close within Q2…
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A delegation of key stakeholders from Poland’s biomethane sector, led by the Polish Biomethane Organization, visited the VIDA bioenergy plant in Tilburg, Netherlands, to gain key insights into the latest advancements in biomethane production.
The visit focused on four key areas:
Cutting-edge technologies driving the biomethane industry
Best practices in plant management and operational…
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BP and Apollo have reached agreements for Apollo-managed funds to purchase a 25% non-controlling stake in BP Pipelines (TANAP), BP TANAP - the BP subsidiary that holds BP’s 12% interest in TANAP, owner and operator of the pipeline that carries natural gas from Azerbaijan across Türkiye. Under the agreement, Apollo funds will purchase the non-controlling shareholding in BP TANAP for a…
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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/