News
Technip Energies has been awarded a contract by Indian Oil Corporation Limited (IOCL) for the license, basic engineering design package, proprietary equipment and catalyst supply and related services for the 1,500 kilotonnes per annum Paradip naphtha cracker unit (PDNCU) block of the grassroot petrochemical complex in Paradip, India.
The petrochemical complex will be integrated to the existing…
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Square Robot has announced Ed Sullivan as its independent non-executive director. An ex-KPMG Partner with 35 years' expertise in business strategy and finance, Sullivan has advised companies from early-stage ventures to multi-billion-dollar public companies.
Sullivan is a trusted counsellor to multinational corporations across various industries, adept at guiding businesses through significant…
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SIS GmbH and ENDEGS GmbH, experts in industrial emission reduction and degassing, are joining forces under the new name ETS Degassing to form the European market and technology leader in the field of mobile emission treatment and reduction.
The two companies already merged last year under the umbrella of the newly founded ETS Group – Environmental Technology Services. The rebranding to ETS…
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International liquid bulk storage company Koole Terminals Group today announced that it will now operate under the name Chane.
The rebranding signifies a further unification of the company, after strengthening its position in the European liquid bulk storage market significantly with the acquisitions of Alkion Terminals in 2022 and Maastank in 2023.
John Kraakman, CEO at Chane says: 'This week,…
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Shell Eastern Trading has reached an agreement with Carne Investments, an indirect wholly-owned subsidiary of Temasek, to acquire 100% of the shares in Pavilion Energy includes a global liquefied natural gas (LNG) trading business with a contracted supply volume comprising about 6.5 million tonnes per annum (mtpa).
Headquartered in Singapore, Pavilion Energy’s global energy business…
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The experts at Cool Sorption take a closer look at Equinor’s innovative Njord Bravo Floating Storage Unit and its vapour recovery system
Most people familiar with the term ‘vapour recovery’ associate it with systems for handling vapours from refined products, mainly gasoline on fuel depots. For good reason; this has been the main focus in most countries. This is due to the three main…
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Gonzalo Mera Truffini, vice president of The Latin American Society of Maritime Oil Terminals and SBM Operators (SLOM) explains how Maritime Assurance 2.0 is helping shippers better serve storage clients
Times are changing for the shipping industry in Latin America and around the world. There is constant pressure to deliver more with less, and do it with greater speed, efficiency and…
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Netherlands-flagged dredger Vox Maxima experienced a sudden loss in engine and steering control on 14 June, causing it to collide into Singapore-flagged Marine Honour at Pasir Panjang Terminal, Singapore. This caused one of the vessel's oil cargo tanks to rupture and spill fuel oil into the sea. The oil was carried to beaches and parks around Singapore and also to the island of Sentosa.
The…
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Stolthaven Terminals, in partnership with ING APAC, has won the Transport Deal of the Year award at 2024's Asset Triple A Sustainable Infrastructure Awards in Singapore.
[caption id="attachment_38427" align="alignleft" width="300"] Stolthaven Terminals Singapore[/caption]
The award recognises Stolthaven's SGD 280m Sustainability-Linked Loan (SLL) in the Asia-Pacific region, which is linked to…
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OMV Petrom, is to invest approximately €750 million at Petrobrazi refinery, Romania, to transform the facility into the first major producer of sustainable fuels in the region.
The company has made the final investment decision to build a SAF/HVO (sustainable aviation fuel/hydrogenated vegetable oil) facility along with two facilities for green hydrogen which will be used in the production of…
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Tank Storage Magazine is proud to continue our partnership with the Sustainable Energy Council for various hydrogen events around the world. The Asia-Pacific Hydrogen Summit & Exhibition 2024 will be held in Brisbane, Queensland on 12-13 September 2024. This year’s event will be held in partnership with the Australian Hydrogen Council, supported by the Australian Trade and Investment…
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Uniper has decided to terminate its long-term Russian gas supply contracts and legally ended the long-term gas supply relationship with the Russian state-owned company Gazprom Export.
The decision was made possible after an arbitration tribunal on June 7 awarded Uniper the right to terminate the contracts and awarded it an amount of more than €13 billion in damages for the gas volumes not…
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Energy giants QatarEnergy and ExxonMobil have released a construction update for their Golden Pass LNG export terminal project on the US Gulf Coast, near Sabine Pass, Texas.
A joint venture of Chiyoda, McDermott, and Zachry won the contract to build the tree Golden Pass trains worth more than $10 billion next to the existing LNG import terminal. However, US construction company Zachry Holdings…
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Green Marine Fuels Trading has announced a collaboration with Royal Vopak Terminals for green methanol port storage facilities in the key ports of Shanghai Caojing and Tianjin Lingang, China. This milestone agreement marks the next phase of methanol supply chain infrastructure expansion for Green Marine Fuels Trading, securing necessary port storage capacity to accommodate projected supply of…
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ADNOC has made the final investment decision for its Ruwais LNG project, the company announced on LinkedIn. Ruwais LNG will be the first LNG facility in the MENA region to be powered by clean energy.
As one of the world’s lowest-carbon intensity LNG plants, the project underscores ADNOC's commitment to delivering a key fuel in support of both the energy transition and global energy security.…
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Kongsberg Digital, a leading provider of industrial software, and Yara International, a global fertilizer company and the world's largest distributor of ammonia, have entered into a two-year agreement for Kongsberg Digital to develop digital twin technology for Yara's factories in Herøya in Norway and Sluiskil in the Netherlands.
The agreement includes an operational twin for Yara's production…
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Global technology and software company Emerson has released its 2023 Sustainability Report today, highlighting the company’s efforts to make the world healthier, safer, smarter and more sustainable. The report highlights the company’s progress toward net zero operations, continued investment in employees and communities.
'Sustainability is at the core of Emerson’s mission and culture,…
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TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tonnes of green hydrogen starting in 2030. This first long-term deal follows TotalEnergies’ call for tenders for the supply of 500,000 tonnes per year of green hydrogen to decarbonise TotalEnergies' European refineries.
Under the agreement, Air Products will deliver green hydrogen to…
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Fluxys LNG has secured additional long-term regasification capacity for the period 2027-2044 at Zebrugge Terminal, Belgium. Capacity has increased from 110 slots to 134 slots per year, as of April 2027.
The additional capacity is a response to increased market demand, following Fluxys' Call for Market Interest, capturing feedback from market players interested in Zeebrugge's LNG services. In…
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Editor Anamika Talwaria looks into the benefits and drawbacks of increased digitalisation for critical infrastructure – and how the tank storage industry can protect itself
Going digital comes with a whole host of benefits. Implementing a digital system that automates loading/unloading can lead to a faster, more efficient and safer process. Digitalising paperwork that has traditionally…
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A new HCSS report finds that in a large-scale conflict, the Netherlands and the wider EU would struggle to meet surging military fuel demand while keeping the civilian economy running.
_via @TankStorageInfo
https://tankstorage.com/all-news/partner-news/europe-risks-fuel-shortages-in-wartime-new-hcss-report-warns/