News

Dec 5, 2024
Tank Storage Association’s Peter Davidson explains the impacts of The Great British Energy Bill and The National Wealth Fund Bill on the UK energy industry The Labour Party has won a majority in Parliament following the UK General Election on 4 July 2024. The King’s Speech, opening the first session of the new parliament and setting out the government’s priorities and legislative agenda for…
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Dec 5, 2024
Equinor and Shell are to combine their UK offshore oil and gas assets to form a new company, which will be the UK North Sea’s biggest independent producer. The incorporated joint venture (IJV) will be set up to sustain domestic oil and gas production and security of energy supply in the UK. On deal completion, the new independent producer will be jointly owned by Equinor (50%) and Shell (50%).…
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Dec 5, 2024
MFE Inspection Solutions has launched the Detect LW, the first ever long-wave, uncooled OGI camera that meets the EPA’s 40 CFR part 60 Appendix K requirements as part of OOOOa, b and c. Put simply, this camera was made to help Oil and Gas companies keep up with stringent regulatory requirements. 'The Detect LW marks a big step forward for OGI imaging,' says Dylan Duke, CEO of MFE Inspection…
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https://vimeo.com/1036046379/35b1c64fc9?ts=0&share=copyHans Bobeldijk, CEO at UAB-Online, explains terminal tactics in the pursuit of decarbonisation Share this article: Videos OnDemand
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Dec 4, 2024
EEMUA has released Edition 4 of EEMUA 191, Alarm systems – A guide to design, management and procurement. Since it was first published in 1999, EEMUA 191 has become the globally accepted and leading guide to good practice for all aspects of alarm systems. The new edition has been comprehensively updated and restructured to improve ease of use. The terminology has been aligned to that used in…
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Dec 4, 2024
The biggest news this month (probably true no matter what month you read this in!) is the result of the latest US election. Having printed this latest edition in the earlier part of November, much is still left to be seen when it comes to the future of the US and energy landscape. We know that many of our colleagues in the oil and gas sector will see a second Trump presidency as a fairly positive…
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Dec 4, 2024
Baumer has developed a robust, cost-effective electromagnetic immersion flow sensor, specifically designed for water pressures up to 100 bar (1450 lbs per square inch), making it an ideal choice for large flow applications such as pumping stations. The PFM43 flow measurement sensor will suit large pipe diameters from DN80 up to DN2000. The PFM43 immersion flow meter offers the capability to…
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Dec 4, 2024
VTTI and Snam have completed the acquisition of shares in Terminale GNL Adriatico (Adriatic LNG), the company that owns the liquefied natural gas (LNG) regasification terminal operating in the waters off Porto Tolle, Italy. The transaction follows Snam and VTTI’s announcements earlier this year, where VTTI signed an agreement to acquire a majority stake in the company. In this context, Snam…
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Dec 4, 2024
TotalEnergies is celebrating 50 years of operations in Saudi Arabia. The company has had success with its multi energy strategy in the Kingdom with its flagships projects in the downstream oil sector thanks to its partnership with Aramco, and the development of renewables with various local partners. Patrick Pouyanné, chairman and CEO of TotalEnergies says: ‘Saudi Arabia is emblematic of our…
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Dec 4, 2024
Kent has been awarded a three-year global engineering, procurement, and construction management (EPCm) framework contract by BP. The framework covers the full scope of EPCm services, supporting BP’s asset lifecycle, from small and large projects to minor modifications. This award was negotiated as a result of Kent’s long-standing relationship with BP and builds upon their association. The…
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Dec 4, 2024
ExxonMobil has announced some leadership changes. Effective February 1, 2025, Dan Ammann, will step into a new role as upstream president, while Barry Engle, currently senior executive advisor to ExxonMobil’s chairman, will take over Amman's current position as ExxonMobil Low Carbon Solutions president. In a post on LinkedIn, Ammann said: 'I’m excited to take on this new challenge. Some…
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Dec 3, 2024
Savannah-based Colonial Terminals (CTI), an industry leader in the handling and storage of liquid and dry bulk products, has announced that Robert Neumann has been named vice president of sales and marketing. Colonial Terminals owns and operates the largest independent liquid and dry bulk storage facilities with breakbulk capability in the Southeastern United States. [caption…
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Dec 3, 2024
Archive edition: Volume 20 Issue 05 Date published: December 2024 [real3dflipbook id='8']In this issue... The Storage Outlook After a turbulent few years, could 2025 signal change for the storage terminals industry? Experts from leading global terminals share their thoughts Exclusive: Advario's e-SAF Hub Sjoerd Boer, vice president of new energies at Advario,…
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Dec 3, 2024
Archive edition: Date published: December 2024 In this issue... StocExpo 20th Edition Preview As StocExpo and Tank Storage Magazine celebrate 20 years, here’s a look back on how the show and publication have grown together – and what’s in store for 2025
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Dec 3, 2024
FETSA and UPEI share a joint statement on 2050 climate goals in the wake of COP29 During COP29, taking place in Azerbaijan, FETSA, the Federation of European Tank Storage Associations and UPEI, the Association of Europe’s Independent Energy and Mobility Suppliers, reiterate their full alignment with the 2050 climate neutrality goal of the Paris Agreement. Both associations strongly encourage…
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Dec 2, 2024
TGE Gas Engineering has successfully air raised the roof of the 197,000 m³ ethane tank for INEOS Project ONE in Antwerp, Belgium, the company announced on LinkedIn. The roof, fabricated and welded on the ground of the inner tank, has been lifted by the air pressure of six air blowers within three hours to its final position on top of the tank. 'No matter how often we have performed this already…
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Dec 2, 2024
Fuel terminal operator Buckeye Partners recently held a large- scale safety exercise at Port Tampa Bay, Florida, USA, to test its action plan. The drill simulated a large oil and fuel spill that impacted channels near the Port Tampa Bay Buckeye facilities. The drill included national members of Buckeye’s safety, operations, environmental, finance, public information and other key departments.…
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TanQuid’s head of people & technology, Thomas Knutzen, explains how tank terminals can implement cybersecurity to their digital strategies In recent years, many companies and IT departments have been occupied with the topic of digitalisation. Many efficiencies have been realised with the help of digital tools, especially in traditional office roles such as finance and HR. A particular…
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Editor Anamika Talwaria speaks to industry leaders about the importance of emergency response planning Terminal facilities storing hazardous goods such as petrochemicals, fossil fuels and other bulk liquids need to take extra care when it comes to potential fires. As well as fire suppression systems installed on site, a robust emergency response plan is key to stay safe and prevent losses on site…
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https://vimeo.com/manage/videos/1035191470/f44733dac9David Tassadogh, infrastructure assesment at GRESB, talks about the value of ESG reporting at terminals Share this article: Videos OnDemand
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