News

Chane’s new heated bulk liquid storage infrastructure is live in Chane Le Havre, Normandy, France. On a post in LinkedIn, the company says: ‘We are proud to announce the launch of Phase 1 of our new state-of-the-art heated bulk liquid storage infrastructure, an ambitious project to continuously better serve market and our customers.’ The facility boasts a 20,000 m³ storage capacity…
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StocExpo has announced the Forty Under 40 winners for the Class of 2025. Join us in celebrating young rising talent in this industry on 11 & 12 March in Rotterdam, with a ceremony and drinks on 12 March at 12:20. Congratulations to the winners: Abdulmajeed Alanazi, Khafji Joint Operations Co (KJO) Akansha Gupta, Emerson - Sweden Alex Thompson, Pembina Pipeline Corporation Amanda de…
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Eni and Petronas have announced a memorandum of understanding to progress detailed discussions on establishing a joint venture holding company to oversee selected upstream assets in Indonesia and Malaysia. Both companies believe that this joint venture will create significant opportunities for growth, both in Malaysia and Indonesia, and is expected to generate substantial synergies towards…
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BP has fundamentally reset its strategy, with significant capital reallocation, and plans to drive improved performance, aimed at growing free cash flow, returns and long-term shareholder value. This strategy will see BP grow its upstream oil and gas business, focus its downstream business, and invest with increasing discipline into the transition. It builds on BP's distinct strengths and…
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ADNOC has signed a Sales and Purchase Agreement (SPA) with Osaka Gas, one of Japan’s largest utility companies, for the supply of up to 0.8 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from ADNOC’s lower-carbon Ruwais LNG project. The 15-year SPA converts a previous Heads of Agreement into a definitive agreement and marks the first long-term LNG sales agreement between ADNOC…
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VTTI and Pyrum are to develop a state-of-the-art waste tyres recycling thermolysis plant at VTTI's Antwerp Terminal (ATPC, Belgium). The new plant will have a processing capacity of up to 90,000 tonnes of end-of-life tyres annually, implemented in two phases of 45,000 tonnes each. VTTI will hold full ownership of the plant, while Pyrum will act as the development partner, providing its…
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The Federation of European Tank Storage Associations (FETSA) is disappointed by the European Commission's Clean Industrial Deal and Affordable Energy Packages, urging a more comprehensive and strategic approach to Europe’s industrial challenges. While the Commission's proposals reflect a worthy commitment to sustainability, they fail to adequately address the critical issues that are eroding…
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VTTI has entered into an agreement with Pyrum Innovations AG to develop a state-of-the-art waste tyres recycling thermolysis plant at VTTI’s Antwerp terminal (ATPC) in Belgium. This agreement marks a significant step towards integrating sustainable waste management solutions into VTTI’s infrastructure and marks another important step in Pyrum’s international expansion plans. The project…
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Neste MY Renewable Diesel has helped fuel Rio Tinto’s Pilbara iron ore operations for the first time, with the completion of a successful trial of biofuel across its network of Western Australian ports, railways and mines. The trial, the first of its kind for Rio Tinto in Australia, was conducted in partnership with leading global renewable diesel producer Neste and Australian fuel supplier…
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Global energy and chemicals company Aramco has signed definitive agreements to acquire a 25% equity stake in Unioil Petroleum Philippines, one of the country’s largest oil companies. The acquisition of the company is subject to customary closing conditions and regulatory approvals, seeking to capitalise on the anticipated growth of the high-value fuel retail market in the Philippines. 'This…
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Enagás will launch a BioLNG supply service at the company's regasification terminals in Barcelona and Huelva, Spain, which will allow this decarbonised fuel to be loaded onto tankers and ships, enabling the company to continue advancing in its mission to contribute to the European decarbonisation objectives. This service, which will come into operation in March, is one of the first in Europe to…
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Masdar, TotalEnergies and EPointZero, the decarbonisation arm of 2PointZero, have signed a framework for action (FFA) agreement to drive access to clean energy in emerging markets and developing economies in Africa and Asia. Under the agreement, Masdar and TotalEnergies will provide reliable and sustainable electricity to local communities in Africa and support its long-term energy systems…
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Olleco have announced on LinkedIn that it has opened a new used cooking oil processing plant in Liverpool, UK. The used cooking oil that the company collect will be refined in this new plant, and then sent through a pipe to its biofuel plant. The biodiesel produced delivers an 89% carbon saving compared to fossil diesel, this will then be used in the forecourts and in transport fleets. The new…
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Wood has been awarded a $120 million (€115 million) contract extension by Shell UK to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the UK. The two-year, cost-reimbursable contract extension, centres on providing brownfield EPC services, as well as subsea and integrity management, at the Shell UK-operated St Fergus and Mossmorran…
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Petrobras PBR has started oil production from its deepwater project offshore southeast Brazil with its largest floating production, storage, and offloading (FPSO) unit, Almirante Tamandaré. This unit marks the inaugural installation of a high-capacity system in the field, generating up to as much as 225,000 barrels per day (bpd) and processing 12 million m3 of gas daily. The platform will be…
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Hydrogenious has realigned its team structures and shifted its corporate focus to flagship projects such as the industrial-scale LOHC hydrogenation plant at Chempark Dormagen in Germany, and the IPCEI (important project of common European interest) green hydrogen at Blue Danube in the Danube region, Europe. Daniel Teichmann, the company's founder and former sole CEO, will become executive…
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Wood has been awarded the front-end engineering design (FEED) scope for the Zeevonk hydrogen facility, in Rotterdam, Netherlands. The hydrogen plant will be powered by offshore wind and floating offshore solar from the Zeevonk offshore developments. The Zeevonk project is a joint venture between Vattenfall, a leading European energy company, and Copenhagen Infrastructure Partners (CIP), the…
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LBC Vlissingen has launched the open season for ammonia storage and ammonia cracking capacity at its state-of-the-art terminal, currently under development at the North Sea Port, Vlissingen, the Netherlands. Once completed, the terminal will be a cornerstone in Europe’s sustainable energy infrastructure, acting as a green energy hub that facilitates the import, storage, and transformation of…
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A year after Infracapital took on the former Vopak site, Tank Storage Magazine speaks exclusively to Peter van’t Hoff and Sebastian Margry from Liquin about the Botlek terminal, and what visitors to StocExpo can expect to see on the tour Based in the Port of Rotterdam, Netherlands, Liquin Terminal Botlek has a rich history as a storage terminal. The facility was founded in 1954 by Nieuwe Matex,…
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Johnson Controls Industrial Heating and Cooling Solutions Benelux has been awarded by Worley for the realisation of the central chiller plant for BP's green hydrogen plant. Johnson Controls will design and realise sustainable refrigeration solutions for safe cooling of electrical rooms and cabinets. BP is building a 100MW green hydrogen plant at its refinery in Lingen Germany, aiming to produce…
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