News

Mesa ETP’s Adam Vance explains what tank owners need to know As environmental regulations continue to evolve, companies in oil, gas, chemical processing, and other industries that store volatile organic liquids (VOLs) must adapt to meet new compliance standards. In the latest development, the United States Environmental Protection Agency (EPA) has published 40 CFR 60 Subpart Kc, a significant…
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Find out how to optimise bitumen storage operations with TEC’s Bitutainer Storage Facility In recent years, the bitumen market has undergone substantial logistic shifts, such as refinery closures, reduced availability of vessels, challenges in global shipping and freight routes and climate target pressures to name a few. These changes have made flexibility and adaptability of storage solutions…
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How OPW’s new technology could help terminals meet evolving requirements The requirements for overfill protection and ground verification have remained consistent over the decades, yet terminal requirements and end-user needs have evolved. Terminal automation technology has become more sophisticated, while at the same time, truck driver demographics have become more diverse over the past few…
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Protectoseal’s Anand Palanivelu outlines how conservation vents can help storage terminals achieve net zero targets and reduce hazardous gases Storage tanks used for chemicals, petroleum products, and other volatile liquids, often experience changes in internal pressure due to temperature fluctuations, filling, and emptying cycles. As liquids expand or contract, vapour build-up can occur,…
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Advario has finalised a €650 million corporate refinancing, strengthening its financial flexibility to support the company’s strategic goal of playing a leading role in the energy transition. This financing arrangement comprises credit facilities provided by a consortium of international banks. The new funding aligns with Advario’s Horizon 2030 strategy, which aims to double the business…
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https://vimeo.com/1041694969/3f76495074?ts=0&share=copyAhmed Hadid, founder and CEO of Hybird speaks at StocExpo 2024, on the power of digital reality, for near zero risk.  Share this article: Videos OnDemand
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https://vimeo.com/1041746672/ecac008248?share=copyPeter Davidson, from the Tank Storage Association, hosts a panel on best practices in safety. He is joined by Gavin Salmon, Oikos Storage Gestur Guðjónsson, Oliudreifing Lai Siang Yeong, Advario (Asia-Pacific). Share this article: Videos OnDemand
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Square Robot, Inc., a global leader in robotic tank inspections and Global Tank Storage Award winner 2024, successfully closed its Series B funding round in November 2024. The funding will drive the company’s domestic and international expansion to meet accelerating global demand for its innovative services. Square Robot’s cutting-edge technology delivers comprehensive, high-fidelity data of…
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Neste and Air New Zealand have signed an agreement for the supply of 23,000 tonnes (30 million litres) of unblended Neste MY Sustainable Aviation Fuel. It is the airline's largest purchase of sustainable aviation fuel (SAF) to date. The SAF will be used by Air New Zealand at Los Angeles (LAX) and San Francisco (SFO) international airports through to February 2026. The agreement follows earlier…
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Intero – The Sniffers, the reference in emission management and pipeline integrity services, has merged with TP Europe. TP Europe is a dedicated service provider delivering similar comprehensive emission monitoring programs to the oil and gas industry. This strategic merger, effective as of 12 December 2024, reflects Intero – The Sniffers’ commitment to expanding its capabilities and…
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Power2X has announced a strategic collaboration with Honeywell to implement Honeywell UOP’s eFiningTM methanol-to-jet processing technology in Power2X’s eFuels Rotterdam project - a large-scale production and storage hub for sustainable aviation fuel (eSAF) and synthetic, ultra-low carbon fuels in the Port of Rotterdam. The Rotterdam facility will use locally produced green hydrogen and…
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Aquarius Energy has announced its intention to acquire Oiltanking’s 37% stake in Oiltanking MOGS Saldanha (OTMS) from Oiltanking. OTMS is a state of the art 10 million barrel storage and blending facility in South Africa. Gary Kalmin, CEO of Aquarius Energy, says: 'We are excited to be investing into the South African energy market. Aquarius will bring its global capabilities to work with our…
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Exolum strengthens its commitment to decarbonisation by integrating this goal into its financing strategy through the signing of its first sustainable loan for a total amount of £500 million (€602 million). This loan is financed by 17 banks and receipt of the agreed funds was conditional on the establishment of a framework with indicators related to corporate social responsibility within nine…
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The experts at Argus Media explain the current trends in SAF, and their predictions for what the market’s future holds Aviation accounts for 2-3% of global emissions, and the focus of airlines is rapidly shifting to reducing their carbon footprint. Governments and international bodies such as the UN’s International Civil Aviation Organisation (ICAO) are also setting targets and proposing…
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The experts at AC Valve Alliance explain the challenges of jet fuel storage and maintenance Not many people know that civil airports in the UK hold very little jet fuel storage capacity. The fuel is stored off site in strategic locations around the UK. There is a connecting pipeline grid that feeds the airports 24 hours a day in order to keep the capacity of fuel needed. This strategically…
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Ensure compliance with environmental guidelines for hydrocarbon tanks using NAT Oil & Energy’s VOC abatement systems Reducing emissions such as harmful volatile organic compounds (VOCs) is a key consideration as storage terminals look to clean up their sites, especially as environmental regulations get stricter. NAT Oil & Energy (Denmark) provides a full range of tank fittings and tank…
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Technip Energies and LanzaTech have announced that the US Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) has committed up to $200 million (€192 million) in federal funding and authorised the initiation of Phase 1 of their sustainable ethylene from CO2 utilisation with renewable energy project (Project SECURE). Project SECURE aims to provide an integrated commercial…
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Neste has introduced a co-processed renewable feedstock under its established Neste RE brand. By co processing renewable raw materials such as used cooking oil together with fossil crude oil in its conventional oil refinery in Porvoo, Finland, Neste is able to produce a complementary type of Neste RE, a drop-in feedstock for the production of plastics and chemicals. A mass balance approach will…
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LBC has announced that it has raised €225 million through a recent US private placement (USPP) issue. Over the past decade, LBC has realised substantial growth, driven by its focus on upgrading infrastructure and expanding capacity to accommodate new products and services. The capital raised will fund LBC's next phase of growth and will be allocated as follows: €100 million funded on 11…
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https://vimeo.com/1041210983/74544e4a65?share=copyRadboud Grijpma from Viewport AI explains powerful descriptive AI for document management  Share this article: Videos OnDemand
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