News

Aug 17, 2026
Sri Lanka’s government has given the green light to the construction of three new storage tanks at the Muthurajawela terminal. The project will be a joint venture between M/s Indo-East Engineering & Construction and Ceylex Engineering, and funded by Ceylon Petroleum Storage Terminals. The project contract is worth Rs. 2.8 billion (€2.5 million) and will involve building two storage…
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Aug 17, 2026
Grain LNG, a 50/50 joint venture between Centrica and Energy Capital Partners (ECP), has appointed Peter Abdo as chief executive officer, effective from 1 October 2026. Abdo has more than 30 years of experience across the global LNG, natural gas, power and commodities markets, recently serving as chief commercial officer LNG and global origination at Uniper. Abdo says: ‘I am delighted to…
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Aug 14, 2026
A blast at a petroleum products storage facility in Moezelweg, Europoort, the Netherlands on Thursday 13 August at around 11:30 CEST has killed one person and wounded six others, according to a report from Reuters. Major energy commodities trading company Gunvor reported an ‘incident’ occurred during maintenance on one of its storage tanks. Initial police reports found no immediate…
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Aug 13, 2026
VTTI’s terminal in Ploce, Croatia, has commissioned an upgraded operational technology (OT) network for its terminal operations. The upgrade will increase the network capacity ‘tenfold’. The upgrade will strengthen VTTI Croatia’s network capacity, resilience and scalability, allowing for safe and reliable terminal operations. The terminal has a capacity of 176,000m3, with plans to…
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Aug 12, 2026
CB&I has filled its large-scale liquid hydrogen (LH2) storage tank at NASA’s Marshall Space Flight Center Hydrogen Test Facility (HTF) for the first time, using non-vacuum insulation technology. The technology project is led by CB&I, Shell, NASA, GenH2 and the University of Houston to develop and validate affordable LH2 storage solutions. CB&I’s 20m3 tank has been integrated…
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Aug 11, 2026
Wafi Energy Pakistan unveils a 7.4 million litre gasoline storage tank at its Tarru Jabba terminal in Nowshera, Khyber Pakhtunkhwa, Pakistan. The inauguration ceremony was attended by Oil and Gas Regulatory Authority members, led by senior executive director (Enforcement) Sohail Ahmed Tariq. At the ceremony, Wafi Energy Pakistan commented that around 300,000 work hours over one year were…
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Aug 10, 2026
Louisiana LNG’s $17.5 billion (€15.1 billion) Gulf Coast terminal project is under construction, with two LNG storage tanks and three LNG trains being built. The site will be at Calcasieu Parish, Louisiana, between Houston and New Orleans. Each tank will have a capacity of 235,000m3. Project timelines will now focus on completing the walls of the storage tanks before roof installation, and…
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Aug 7, 2026
Dangote Industries Namibia begins the environmental approval process for a petroleum storage terminal at Walvis Bay, Namibia, after applying for an environmental clearance certificate to subdivide 70 hectares of industrial land into six development parcels. The petroleum storage terminal, costing N$330 billion (€17.6 billion), will have a capacity of 1.6 million barrels and serve customers…
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Aug 7, 2026
Aegis Logistics has signed a framework agreement with its subsidiary Aegis Vopak Terminals (AVTL) to build an additional refrigerated propane storage tank and its associated facilities at the Jawaharlal Nehru Port Authority (JNPA) tank farm in Navi Mumbai, Maharashtra, India. The propane storage tank will have a capacity of 51,998 tonnes and have specifications including refrigerated double…
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Aug 6, 2026
J T Grup has the green light to build a new terminal for petroleum products in Port Tișovita, Orșova, Romania, after obtaining a building permit. The project includes the construction of a terminal with four aboveground storage tanks for liquid fuels, as well as the facilities needed for its operation. The company also successfully completed technological tests at its Constanta, Romania,…
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Aug 6, 2026
The US Department of Energy’s (DOE) Office of Environmental Management Hanford team has advanced the cleanup of the Hanford Site, Washington State, after completing seven months of removing radioactive waste from a 24th underground storage tank. Hanford Tank Waste Operations and Closure (H2C) staff transferred about 79,000 gallons of waste from single-shell Tank A-106 to a double-shell tank…
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Aug 5, 2026
Trade union for the port sector FNV Havens has announced members will strike at the Port of Rotterdam, the Netherlands, on Friday 4 September between 11:15-19:00 in response to the Dutch government’s plans to cut social security by €6.5 billion. FNV Havens members at ports in Amsterdam, Vlissingen and Terneuzen will also take part, with other FNV departments including FNV Regional Transport,…
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Aug 5, 2026
Low water levels on the river Rhine, which connects the Amsterdam-Rotterdam-Antwerp (ARA) hub to tank farms, have tightened oil product supply in Western Germany, resulting in restricted barge deliveries and inland tank farms being cut off. The key bottleneck at Kaub saw levels fall below 0.3m last week. At this level, most barges can’t pass, meaning deliveries from ARA to tank farms based…
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Aug 5, 2026
Peninsula and Evos have signed a memorandum of understanding to develop biofuel storage infrastructure at Evos’ terminal in the Port of Algeciras, located on the Strait of Gibraltar. The Evos Algeciras expansion project will include the development of up to 60,000 m3 of storage capacity for Peninsula, and provide dedicated storage and handling capacity for low-carbon marine fuels. Evos will…
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Aug 4, 2026
Bulk liquid handling and storage company Liquin has successfully refinanced its existing debt facilities through a combination of US Private Placement notes and bank financing. This move establishes a more diversified financing structure with an extended maturity profile for Liquin, strengthening its long-term foundation through increased capital and operational stability. Liquin was supported…
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Aug 4, 2026
Peter Savage, HSEC manager at Aquarius Energy, won gold in the ‘Outstanding Achievement Award’ category, recognised as someone who has ‘gone above and beyond to ensure the success of a company and the industry as a whole’. He speaks to Tank Storage Magazine about his role in Aquarius Energy and the importance of health, safety, environment and community Well done on the win! How does it…
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Aug 4, 2026
The Ceylon Petroleum Corporation (CPC) is on track to complete the next phase of the Trincomalee Oil Tank Farm rebuild in the next two years. The project includes the refurbishment of 29 oil tanks and the construction of an oil pipeline. In 2022, CPC took ownership of 24 out of the 99 tanks at the farm, and as of August 2026, two have been renovated and tenders have been called for three more.…
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Aug 3, 2026
India’s Oil and Natural Gas Corporation (ONGC) will reserve half of its planned oil storage facility to meet the country’s strategic oil reserve needs. ONGC announced in July 2026 that it would build a strategic petroleum reserve (SPR) with a capacity of 1.75 million tonnes in Mangaluru, Karnataka state, India. Mangalore Refinery and Petrochemicals (MRPL) already operates a 300,000 barrels…
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Aug 3, 2026
Taifa Gas has entered the final stage of construction on its LPG import terminal at the Dongo Kundu Special Economic Zone, Mombasa, Kenya. Hydrostatic testing is being carried out before the facility moves to the commissioning stage in the coming months. Once completed, the KSh16 billion (€107.5 million) terminal project will be East Africa’s largest LPG storage terminal with a capacity of…
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Aug 3, 2026
Glencore has taken over the processing contract for Wilhelmshaven oil refinery from Hartree as it enters into an agreement with the refinery’s owner, HES International. According to Reuters’ report, Glencore will supply feedstocks to the refinery, as well as sell its refined fuels. The Wilhelmshaven refinery is situated at HES International’s tank terminal site. The refinery has been…
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