News

Gastrade has announced that the Alexandroupolis LNG terminal in Greece, has entered commercial operations. As a key project at European, Regional, National and local level, it was designed, built, owned and operated by Gastrade. The project contributes to energy security and to the diversification of sources and energy supply routes for Southeast and Central Europe, upgrading the role of Greece…
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TotalEnergies has announced final investment decision (FID) for the GranMorgu development on Block 58, a large offshore deepwater oil project in Suriname, South America. The GranMorgu project will develop the Sapakara and Krabdagu oil discoveries, on which a exploration and appraisal campaign was completed in 2023. The fields are located 150 km off the coast of Suriname, South America, and hold…
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Petronas and Mitsubishi have signed a new agreement to deliver liquefied natural gas (LNG) to international markets, with a primary focus on customers in Japan. The agreement outlined Mitsubishi’s investment in the Malaysia LNG (MLNG) Dua and MLNG Tiga for the next decade with the extension of its 10% equity shareholding in MLNG Dua, and the reinvestment of a 10% equity shareholding in MLNG…
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Woodside has completed the acquisition of 100% of OCI Clean Ammonia Holding which holds its lower carbon ammonia project in Texas, USA, from OCI. The completion follows Woodside's announcement that it had entered into an agreement to acquire OCI's 1.1 mtpa Clean Ammonia Project.   CEO of Woodside, Meg O'Neill, says: ‘As a global energy provider, Woodside is focused on lower carbon ammonia…
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Winner of the 2024 Tank Storage Award for ‘Outstanding Achievement’, Saudi Aramco’s Mohammed Abufour, speaks to Tank Storage Magazine about securing the gold award and what it took to get here [caption id="attachment_43096" align="alignright" width="203"] Mohammed Abufour, Saudi Aramco[/caption] Lifetime member of ASNT (The American Society for Non-destructive Testing), Mohammed Abufour…
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Planning a new tank project? Meet all the right shipping and logistics partners at AXL this October Taking place place in Antwerp, Belgium, on 8-10 October 2024, AXL is Europe’s high-quality, focused breakbulk and project cargo event. Cargo owners such as those planning new storage tank or wind turbine projects can expect an insightful conference tackling the most difficult-to-answer questions,…
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TotalEnergies has started commercial operations of Danish Fields and Cottonwood, two utility-scale solar farms with integrated battery storage located in southeast Texas, USA. These new projects, with a combined capacity of 1.2 GW, are part of a portfolio of renewable assets, totalling 4 GW in operation or under construction in Texas. Danish Fields is TotalEnergies’ largest solar farm in the…
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Uniper has announced the end of its Ratcliffe-on-Soar power plant, in Nottingham, UK. In a post on LinkedIn, the Uniper team comments: ‘This marks a key milestone, not only for Uniper, but also in the UK’s journey to clean power.’ Since first commissioning in 1967, the Ratcliffe plant has produced enough energy to make more than 21 trillion cups of tea and its 2GW capacity has been enough…
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Jon Ackerman, CEO of Meridian talks about the new company’s goals, and what the experienced team of six will bring [caption id="attachment_43159" align="alignleft" width="189"] Jon Ackerman, CEO, Meridian[/caption] Co-founded by Jon Ackerman of Moda Midstream, Meridian Infrastructure specialises in customer-focused development of terminaling and marine infrastructure solutions. Meridian is a…
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Vice President of Crosby Liquid Bulk Terminals, Robert Powell, takes us through the company’s extensive history, and how it’s keeping up in modern times Crosby Liquid Bulk Terminals is a 145-year-old family-owned company in Saint John, New Brunswick, Canada, now into its fifth generation of owners. Pre-World War II, Crosby would import molasses on tall sailing ships into Courtney Bay, and…
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Chane Terminal Geulhaven has opened a new expansion, adding 75,000 m³ of storage capacity. The terminal, located in the Port of Rotterdam, the Netherlands, now boasts a total capacity of 150,000 m³ and was completed in just nine months. This phase has focused mainly on feedstocks for biofuels. By focusing on the storage of biofuels, this new terminal expansion gives Chane the opportunity to…
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TotalEnergies has announced the signing of an agreement with Lewis Energy Group, to acquire a 45% interest in dry gas producing assets owned and operated by Lewis Energy Group in the Eagle Ford basin in Texas, USA. Located in Southwest Texas, the acquired assets have the potential to be developed to reach a sustainable gross production of around 400 mcf/d (1.1 million m3) by 2028. This is…
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HES International, has announced the opening of a new agricultural shed at its terminal in the Port of Amsterdam, Netherlands. This new flat storage facility is designed specifically for agricultural products and incorporates advanced automation for optimised storage and handling processes. The new shed, with a total capacity of 145,000 m³ (approximately 80,000 tonnes), features over 16…
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Technip Energies and JGC Corporation have been awarded the Front-End Engineering Design (FEED) contract by ExxonMobil – on behalf of Mozambique Rovuma Venture (MRV), a joint venture between ExxonMobil, Eni, and CNPC – for the Rovuma LNG project at Palma in the Afungi peninsula, Northeast of Mozambique. The Rovuma LNG project will consist of an LNG plant with a total production capacity of 18…
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Exolum and Técnicas Reunidas have signed a collaboration agreement to offer carbon capture, transport and storage services to large industrial clients. This alliance is part of the strategy of both companies to promote decarbonisation. In a first phase, the collaboration will focus on Spain, with special attention to the port areas where Exolum has industrial assets. The objective is to develop…
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TotalEnergies has announced the signing of a heads of agreement with HD Hyundai Chemical for the delivery of 200,000 tonnes of LNG per year for seven years, starting from 2027. This agreement allows TotalEnergies to strengthen its long-term position in South Korea. In Asia, LNG serves as a true transition energy, mitigating the intermittency of renewable energy sources and reducing…
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Join industry leaders at Europe’s premier event for the bulk liquid storage industry, StocExpo in March 2025 Europe’s leading storage terminal and energy infrastructure event is set to return on 11-12 March 2025 – celebrating 20 years of outstanding service and insights to the industry. Following an incredibly successful year in 2024, the team is looking forward to a standout celebration in…
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The US Federal Trade Commission is expected to greenlight Chevron's purchase of Hess Corporation as soon as this week, according to a report from Reuters, leaving ExxonMobil's challenge to the $53 billion (€48 billion) deal as its final hurdle. The proposed merger was first announced last October, and the FTC sent a second information request to Chevron two months later. Exxon and CNOOC, Hess's…
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US November election results could decelerate energy transition, with $1 trillion in energy investment on the line, says David Brown at Wood Mackenzie The Infrastructure Investment and Jobs Act (IIJA) of 2021 and the Inflation Reduction Act (IRA) of 2022 catapulted the US to global leadership in decarbonization. But a victory for former President Donald Trump in the November 2024 election,…
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Advario has agreed to support the establishment of storage and export infrastructure in Oman, according to the company’s LinkedIn. During a visit to Oman, Advario CEO Bas Verkooijen and CCO Douglas Van Der Wiel met with Salim Al Aufi, minister of energy and minerals, to discuss Oman’s ambitious energy goals and its path to achieving carbon neutrality by 2050. Advario adds in the post that:…
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