News

Sep 12, 2024
With its TOPAQ hydrogen supply system, the German family-owned company Poppe & Potthoff offers a modular system solution that enables a safe and efficient hydrogen flow from the tank to the fuel cell or hydrogen engine. Part of this system solution are the tank valves developed by P+P, which have now successfully completed the required tests according to test standard R134 with extension…
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Sep 12, 2024
Stolthaven Terminals’ Dagenham facility, UK, will serve as a a new supply terminal for ExxonMobil Basestocks, allowing it to expand its service to better meet customer demand for base oils, essential for the manufacturing of products including lubricating greases, motor oil and metal processing fluids. Through the long-term strategic storage tank rental agreement, the Stolthaven Dagenham…
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Sep 12, 2024
Aquaterra Energy has launched its legacy well re-entry and re-abandonment services along with its new patent-pending recoverable abandonment frame (RAF). The solution will address challenges in locating, re-entering and re-abandoning legacy wells that penetrate, or pass through, offshore oil and gas reservoirs or saline aquifers that have been earmarked to be repurposed for carbon dioxide (CO2)…
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Sep 12, 2024
Palantir Technologies and BP have announced an enterprise agreement, introducing new artificial intelligence capabilities with Palantir’s AIP software. The new contract will build on a decade of collaboration between Palantir and BP to support the latter’s oil and gas production operations and digital transformation programme. Central to BP’s digital transformation programme has been the…
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Sep 12, 2024
BP and Iberdrola have given the green light for construction of a 25 MW green hydrogen project at BP's Castellón refinery in Spain. This is the first hydrogen project jointly undertaken by BP and Iberdrola through Castellón Green Hydrogen, a joint venture equally owned by both companies. This initiative, which includes the participation of the technology institute of energy, has been awarded…
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Sep 11, 2024
Tank Storage Magazine speaks exclusively to Leakhena Swett, the ILTA’s new president about the association’s new initiatives and growth   In December 2023, after four years as the ILTA’s executive vice president, Leakhena Swett assumed the position of interim president. ‘I was brought on to the ILTA to help with the memberships and marketing side of things,’ she says. ‘My first…
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Sep 11, 2024
Aramex UK, one of the UK’s leading global logistics providers servicing the oil and gas sector, has opened a new branch in Aberdeen, Scotland as it looks to enhance its presence within the sector. Situated in what is dubbed as the Oil Capital of Europe, Aramex UK has strategically chosen Aberdeen as its hub to also open a brand-new warehousing facility to serve new and existing oil and gas…
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Sep 11, 2024
Centrica Energy Storage has awarded Technip Energies the project management and consultancy contract for the front-end engineering and design (FEED) of its hydrogen-ready gas storage project in east Yorkshire, UK. Technip Energies announced on LinkedIn that: ‘We are proud to support the proposed development of hydrogen facilities through this key piece of national infrastructure in the…
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Sep 11, 2024
ADNOC and IndianOil have signeda long-term heads of agreement (LNG agreement) for the delivery of 1 million tonnes per annum (mtpa) of liquefied natural gas (LNG). The LNG will primarily be sourced from ADNOC’s lower-carbon Ruwais LNG project, which is currently under development in Al Ruwais Industrial City, Abu Dhabi, and is expected to start commercial operations in 2028. Under the 15-year…
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Sep 10, 2024
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Sep 10, 2024
Worley is partnering with Shell to help decarbonise its chemical plants in Germany. The Wesseling site, located in the Energy and Chemicals Park Rheinland, Germany, plans to stop processing crude oils in 2025. The first project that Worley is working on is converting the site’s hydrocracker into a base oil production unit, to make high quality lubricants such as engine and transmission…
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Sep 10, 2024
KH Engineering and VTTI are working together to integrate conventional energy storage with the development of more sustainable fuels, such as renewable natural gas (RNG), liquefied natural gas (LNG) and biofuels. Both companies are working towards a CO₂-neutral future. KH Engineering announced on LinkedIn that within this partnership, both companies will work on elaborating the basis of design…
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Sep 9, 2024
Linde has signed a long-term agreement for the supply of clean hydrogen to Dow’s Fort Saskatchewan Path2Zero Project in Canada. The company will invest more than $2 billion (€1.3 billion) to build, own and operate a world-scale integrated clean hydrogen and atmospheric gases facility in Alberta, Canada. Linde’s complex will use autothermal reforming, combined with Linde’s proprietary…
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Sep 9, 2024
OCI Global, a leading global producer and distributor of hydrogen products has reached an agreement for the sale of 100% of its equity interests in its Global Methanol Business (OCI Methanol) to Methanex Corporation for a total consideration of $2.05 billion (€1.86 billion) on a cash-free and debt-free basis. Under the proposed transaction, Methanex will acquire 100% of the equity interests in…
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Sep 9, 2024
BW LNG has signed a 10-year charter with the National Electric Power Company (NEPCO), in Jordan, to deploy a floating storage unit (FSU), which NEPCO will own at the end of the arrangement. The vessel will be moored at Sheikh Sabah LNG Terminal, Aqaba, for 10 years, and will play a pivotal role in strengthening Jordan’s national energy security needs. The LNG carrier will undergo conversion to…
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Sep 6, 2024
The contract is to supply 19 LNG cargoes, or up to approximately 0.5 million tonnes of LNG per annum over a period of three years plus one quarter. The contract will commence in the fourth quarter of 2025 with LNG being supplied from Santos’ global portfolio of world-class LNG assets on a delivered ex-ship basis. Santos managing director and chief executive officer Kevin Gallagher says: ‘The…
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Sep 6, 2024
ADNOC is to acquire a 35% equity stake in Baytown, Texas, a project that will produce virtually carbon-free hydrogen. The investment will support both companies’ net zero ambitions, accelerate decarbonisation of hard-to-abate sectors, and meet rising demand for low-carbon hydrogen and ammonia. The facility will leverage advanced carbon capture and storage technologies to reduce emissions…
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Sep 6, 2024
A new company, under the name Meridian Infrastructure has been announced. It was posted on LinkedIn, that the new infrastructure company will focus on development and will operate advantaged, sophisticated infrastructure for storing and handling liquid products. The company also went onto state: ‘Our vision is to provide innovative solutions that increase the efficiency and protect the…
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Sep 5, 2024
ORLEN has entered into a five-year exclusive agreement with Lithuania’s KN Energies, previously known as Klaipedos Nafta, granting it sole access to a small-scale LNG reloading wharf station in Klaipėda, which will bolster gas supply to north-eastern Poland and the broader Baltic region. Since the initiation of an earlier contract, ORLEN has received nearly 60 thousand tonnes of liquefied…
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Sep 4, 2024
BP America's Cherry Point Refinery in Washington State, USA, will soon begin producing sustainable aviation fuel (SAF) using renewable biomass feedstocks. This is thanks to a federal grant of $26.8 million (€24.2 million) awarded under a programme authored by US Senator Maria Cantwell, chair of the Senate Commerce, Science, and Transportation Committee. BP estimates being able to produce 10…
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