News

China Gas and Vitol have entered into a long-term swap arrangement. Vitol will purchase 0.5 million tonnes of LNG from China Gas’ contracted US volume on free on board (FOB) basis, and sell 0.5 million tonnes of LNG to China Gas on delivered ex ship (DES) basis from 2029. Liu Ming Hui, chairman of China Gas says: ‘China Gas is dedicated to providing reliable, efficient, and low-carbon LNG to…
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I Squared, a leading independent global infrastructure investment manager, has acquired the remaining 55% stake in Tepsa – a key player in the storage of bulk liquid and gas in France, Spain and the Northern European hubs of Antwerp and Rotterdam– from Rubis SCA, a French energy company. I Squared has been a shareholder in Tepsa, formerly known as Rubis Terminal, since 2020, when it acquired…
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Technip Energies’ approach to sustainability has been rated Platinum by the agency EcoVadis, putting it in the top 1 percent of companies assessed over the past year. This year, Technip Energies was awarded an overall score of 83/100. According to EcoVadis, the Platinum medal “reflects the quality of the company's sustainability management system and demonstrates a commitment to promoting…
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TotalEnergies has signed an agreement to sell its fuel distribution activities in Brazil to SIM Distribuidora, a Brazilian company. The transaction involves a network of about 240 filling stations and several storage facilities for petroleum products and ethanol. SIM Distribuidora, one of the recognised players of the fuel distribution business in Brazil, belongs to Grupo Argenta, which has more…
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Hayley Armstrong, partner at AJW, and Ravi Bhatiani, executive director of FETSA discuss how policy changes are impacting the global energy landscape With scope 3 emissions reductions, ESG strategies and potential policy regulations helping to boost the energy transition, storage terminals have a range of incentives to meet transition goals. Hayley Armstrong, partner at AJW, and Ravi Bhatiani,…
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Gasum has opened a biogas filling station in Bærum, west of Oslo, expanding its biogas infrastructure in Norway. The biogas filling station, built in cooperation with landowner Eiendomsspar, offers compressed and liquefied biogas in response to an increased demand for sustainable fuels in Norway.  The Skui station is Gasum's seventh liquid bio gas (LBG) filling station in Norway and the 50th…
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ADNOC has acquired OCI Global’s 50% + 1 shareholding in Fertiglobe, increasing its share in the company to 86.2%, with 13.8% remaining in free float on the Abu Dhabi Securities Exchange.   Fertiglobe is the world’s largest seaborne exporter of urea and ammonia combined, exporting to 53 countries with a 10% collective market share of global trade in these products.  Dr. Sultan Ahmed Al…
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A joint letter from the Department of Energy Security and Net Zero (DESNZ) and the Scottish Government to David Whitehouse, Chief Executive of Offshore Energies UK (OEUK) and Dan McGrail, Chief Executive of Renewable UK has announced that the department will be coming onboard to assist with the industry-led Energy Skills Passport project. The letter says: 'The initial funding of £3.7 million…
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Colonial Oil Industries is proud to announce that its Marine division has received ISCC certification from SCS Global Services. This certification recognises Colonial’s commitment to sustainability and its ability to produce and trade sustainable biofuels. ISCC Plus and ISCC EU certification ensure that Colonial’s marine fuels meet rigorous sustainability standards, including requirements for…
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Crosby Foods has announced the acquisition of the sweetener portfolio from Caesars Tea Inc. The acquisition adds five new SKUs to Crosby’s nutritive sweetener range, aligning with the company’s recent rebranding from Crosby’s Molasses to Crosby Foods. The newly acquired products include three Organic Golden Sugar SKUs: Organic Agave and Crystal Rock Sugar. In addition to the broader…
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The St1 Refinery in Gothenburg, Sweden, has started using Honeywell’s Ecofining technology to produce sustainable aviation fuel (SAF). The biorefinery will provide SAF to regional airlines, including Braathens Regional Airlines. The Gothenburg plant will produce 200,000 tonnes of renewable fuels annually, and can utilise flexible feedstocks, including used cooking oil, animal fats, and tall…
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Neste has announced it is to power Verne data centres’ back-up generators in Helsinki, Pori and Tampere in Finland. Neste’s renewable diesel helps Verne to transition its operations from fossil to renewable fuels. The switch helps Verne reduce its greenhouse gas emissions from backup generators by 90% over the life cycle of the fuel, compared to fossil diesel. Neste MY renewable diesel is…
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Voltfang, a leading innovator in green energy storage solutions, has announced the successful closing of its Series A financing round, raising more than €8 million, including €800,000 in secured grants. The round was oversubscribed and led by Dutch deeptech venture capital firm FORWARD.One, with significant participation from Interzero. Existing investors in Voltfang, including PT1, AENU,…
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Bilfinger has been awarded a three-year extension to its maintenance term contract with global specialty chemicals company Innospec. This is a continuation of the industrial services provider’s 23-year relationship with the customer at its Ellesmere Port site, UK, a hub for Innospec’s specialty chemicals manufacturing and R&D activities. With a dedicated workforce of around 80 skilled…
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Earl Crochet, owner of Crochet Midstream Consulting, explores the fast pace of regulatory changes in the aboveground storage tank industry [caption id="attachment_43163" align="alignright" width="230"] Earl Crochet, Tank Whisperer[/caption] As someone who has been dealing with aboveground storage tanks (ASTs) for more than 36 years, I have seen drastic regulatory changes over that time. And the…
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Discover the RuptureSeal’s quick and effective rupture break solution Rapid Sealing of leaks at a storage terminal facility can be the difference between a major incident costing millions, and a minor bump in the road. A fast response is crucial to reduce environmental impact, cost of cleanup and reputational damage. The RuptureSeal is an advanced solution to seal ruptures, leaks, and…
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QMax explains how its unique finned coils are revolutionising tank heating Industrial processes with high viscosities and melt/pour points normally require active heating when being held in tanks. Vessels for both long-term storage and day-use are regularly equipped with finned internal heating coils to maintain these processes at the ideal temperature for flow and pumpability. Compared to finned…
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Power2X and Advario have announced a new partnership, to develop a world-scale production and storage hub for sustainable aviation fuel (e-SAF) and synthetic, ultra-low carbon fuels in the Port of Rotterdam, Netherlands. The Power2X production facility will have the capacity to produce over 250,000 tonnes per year of e-SAF, a non-fossil, synthetic fuel made from green hydrogen. It will be the…
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TGE Gas Engineering has announced on LinkedIn that it has completed the first phase of commissioning activities for its ammonia project in Turkey. The BOG package commissioning, tank cool down and liquid build up in the tank, have been successfully performed. The project consisted of the engineering, procurement and construction of an ammonia terminal, including a 15,000 tonne cryogenic storage…
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KBR has been awarded an engineering and procurement services contract for the Beachfield Manatee upgrade, the onshore portion of the Manatee gas field project, located off the east coast of Trinidad and Tobago. The gas field supports global energy security and natural gas production, providing gas for the country’s Atlantic LNG facility. The award follows recently completed contracts…
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