News

Pacific International Lines (PIL) is increasing its fleet renewal programme, and has ordered five new container vessels with 13,000 TEU (Twenty-Foot Equivalent Unit) capacity, equipped with liquefied natural gas (LNG) dual-fuel engines. The neo panamax-sized vessels are expected to be delivered progressively from end-2026. Construction of the vessels has been awarded to Hudong Zhonghua Shipyard,…
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OPW has completed the acquisition of SPS Cryogenics and its affiliated business, Special Gas Systems (SGS). The SPS-SGS team will be joining the OPW Clean Energy Solutions business. Headquartered in Heerhugowaard, the Netherlands, SPS and SGS is a leading developer of pipeline systems and ancillary equipment for use in cryogenic applications. Kevin Long, president of OPW, says: ‘The creation…
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California's Richmond City Council (USA) has voted unanimously to approve a $550 million settlement agreement with Chevron over alleged pollution. As a part of the settlement, Richmond has agreed to pull a measure that was set to appear on the November ballot, asking voters to approve a refinery tax on Chevron. While the city council expressed its support for the refinery tax, but Mayor Eduardo…
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TC Energy Corporation and its partner Northern New England Investment Company, a subsidiary of Énergir L.P have announced the successful completion of the sale of Portland Natural Gas Transmission System (PNGTS). The gross purchase price of US$1.14 billion (€1 billion) includes $250 million (€227 million) of outstanding Senior Notes held at PNGTS and consolidated on TC Energy’s balance…
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Kent and the Energy Institute are pleased to announce a new collaborative effort to create comprehensive guidelines for decarbonisation economics in greenhouse gas (GHG) emission reduction projects in the upstream oil and gas industries. This report will provide clear, actionable guidance to help the sector achieve its environmental goals. The guidelines, prepared under the expert guidance of…
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Varo Energy's CEO Dev Saynal has announced that Varo's laboratory in Geertruidenberg, Netherlands, has been accredited under the EN 17025 standard. In a post on LinkedIn, Saynal said: 'This significant achievement underscores our commitment to high-quality standards and technical excellence.' The lab analyses fuel samples to ensure the quality of fuels Varo delivers from its Benelux terminal and…
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The operator of Germany's onshore LNG terminal is suing the European Commission for approving state subsidies for a rival terminal, the Hanseatic Energy Hub (HEH) have reported. HEH, a private corporation of companies working without subsidies, is suing against the European Commission at the EU court, as the Brussels authority approved subsidies provided by the German government to a competitor…
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The Liberia Petroleum Refining Company (LPRC) has broken ground for two critical infrastructure projects at the Product Storage Terminal (PST) on Bushrod Island, Liberia. This will include the construction of a new gasoline storage tank, with a 17,000 m3 in storage capacity. Once completed, the storage tank will enhance LPRC’s total storage capacity, making it around 64,000 metric tonnes. This…
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EcoCeres, a leading pure-play renewable fuel producer, has delivered its first vessel with 10 million litres of a sustainable blending component for jet fuel (neat HEFA-SPK) to the Evos Ghent terminal, Belgium. This marks the start of a new relationship between Evos and EcoCeres. Evos Ghent is the first European storage partner for EcoCeres. EcoCeres is playing a key role in the global energy…
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Indian oil & gas firm Swan Energy have announced plans to sell a stake in one of its liquefied natural gas (LNG) terminals, to Turkish state energy company BOTAS in a deal worth $399 million (€360 million). Swan Energy is the majority owner of Triumph Offshore (TOPL), the company that owns the LNG terminal in question. Fertiliser firm Indian Farmers Fertiliser Cooperative (IFFCO) controls…
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Chevron has announced first oil at the Anchor field in the US Gulf of Mexico (GoM) deepwater, unlocking the potential for a considerable amount of new production, according to Wood Mackenzie. Commenting on the announcement, Mfon Usoro, principal analyst at Wood Mackenzie, says: 'First oil from Anchor is a major technological milestone in the US Gulf of Mexico, culminating from a decade-long…
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Zeeco Europe announces the successful commencement of operations at its new office in Germany. The office, strategically located to enhance responsiveness to customer needs, is now fully operational, catering to the German and European markets with a comprehensive range of services. The Zeeco Germany office will be pivotal in supporting customers with sales, field service, start-up support,…
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EcoCeres have agreed to lease 100,000 m3 in Dialog Terminals Langsat expanded storage facilities in Tanjung Langsat, Johor Darul Ta’zim’s, Malaysia. Dialog Terminals Langsat is an indirect wholly owned subsidiary of Dialog Group Berhad. It recently expanded its facilities with an additional 150,000 m3 of storage for renewable and petroleum products at its terminal and secured the said…
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Burhani Engineers, an engineering company in Kenya, has made significant steps in the industry with the successful instalment of an automatic tank gauging solution in Ethiopia. The project involved design, supply, installation and commissioning, and automatic tank gauging system, six new storage fuel tanks. Previously, the company have installed a similar piece of equipment for twenty tanks. A…
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TotalEnergies has announced the start of production from the Anchor field, located in the US Gulf of Mexico, in which the company has a 37.14% interest alongside operator Chevron (62.86%). Located 225 kilometres off the Louisiana coast, the Anchor development was launched in December 2019. It consists of a system of subsea wells connected to a semi-submersible floating production unit (FPU) with…
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The Tank Storage Association's Peter Davidson shares his insights into the UK's bulk storage sector The bulk storage and energy infrastructure sector plays a vital role in providing products and services that are critical to UK consumers. Tank storage infrastructure is an integral part of a complex web of global activities and supply chains including the extraction of raw materials and the…
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US LNG importer Excelerate Energy has signed a term sheet with ITECO Joint Stock Company, a Vietnamese development firm, to co-develop a greenfield LNG import terminal in Haiphong, Vietnam. This project, called the the Northern Vietnam LNG Terminal (NVLT), made with an import capacity of 1.2 million tonnes per annum (mtpa), is to be developed in two phases. The first phase, with an estimated…
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VTTI has completed the acquisition of 50% of Dragon LNG Group Limited (also known as Dragon LNG). The other 50% of the terminal is owned by Shell. This follows the announcement of the intention to acquire the stake in the terminal from leading infrastructure manager Ancala. As part of VTTI’s Strategy 2028, VTTI is building on its foundation as an energy storage and service terminal operator at…
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GFI LNG, a diversified energy solutions company, and Pilot LNG a Houston-based clean energy infrastructure developer, have announced that they have formed a partnership to develop, construct, and operate a small-scale LNG terminal in Salina Cruz, Mexico. At full build-out, the facility is anticipated to produce roughly 0.34 million tonnes per annum (MTPA). The partners anticipate operations to…
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Gasum is collaborating with Equinor on a series of liquefied biomethane (bio-LNG) bunkering operations in the Port of Dusavik, Stavanger, Norway. Gasum is bunkering ISCC-EU certified mass balanced bio-LNG to Equinor’s chartered platform supply vessel Island Crusader. The first bio-LNG delivery was successfully carried out mid-July. Gasum will continue to supply Island Crusader with 2–3…
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