News
NISTM'S 17th Annual National Aboveground Storage Tank Conference & Trade Show has opened its call for papers. Hosted by NISTM, the event is set to take place in The Woodlands, Texas, on December 11-12, 2024.
The team is inviting industry leaders and experts to share their knowledge and insights by presenting at this highly anticipated conference. Don't miss this opportunity to engage an…
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OMV Petrom, the largest integrated energy producer in Southeastern Europe, has strengthened its partnership with Renovatio by acquiring a 50% stake in three photovoltaic projects totalling 130 MW. Christina Verchere, CEO of OMV Petrom says: 'The projects for reducing our carbon footprint and that of our customers, are a central piece of our strategy. About a third of the €11 billion investments…
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The CO2next project has entered a new project phase, awarding its Front-End Engineering Design (FEED) contract to Sener. During the FEED phase the design, the realisation schedule and the cost of the proposed CO2next terminal will be further defined, the relevant permits can be received and customers will be contracted in preparation for the Final Investment Decision (FID) currently planned for…
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ExxonMobil Low Carbon Solutions Onshore Storage has selected Technip Energies, in consortium with Turner Industries, for the Front-End Engineering Design (FEED) and subsequently the Engineering, Procurement, and Construction (EPC) contract for a Louisiana manufacturing plant.
Technip Energies will oversee the engineering and procurement while Turner Industries will be responsible for the…
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Environmental advisory and engineering services provider Adler & Allan have released a new whitepaper entitled: Navigating Environmental Challenges: A Comprehensive Exploration of Business-Relevant Pollutants
The company states:
As companies strive for more sustainable practices and environmental responsibility, it is imperative to understand and address the multifaceted challenges posed by…
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TC Energy Corporation shareholders have voted to approve the spinoff of the Company’s Liquids Pipelines business and elected TC Energy’s Board of Directors at its 2024 annual and special meeting of shareholders.
TC Energy shareholders voted in favour of the Arrangement Resolution, pursuant to which, among other things, TC Energy shareholders will receive one new common share of TC Energy and…
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The major turnaround with scheduled maintenance of Neste’s Porvoo refinery in Finland has now been successfully completed, and refining of crude oil as well as renewable and circular raw materials into more than 100 different products to customers globally continues.
'We completed a major maintenance shutdown in a condensed time frame. Neste has moved to a shorter turnaround interval as a…
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In line with its strategy to grow its liquefied natural gas (LNG) business, TotalEnergies has announced the signing of two new LNG medium- and long-term contracts in Asia:
A sales and purchase agreement (SPA) with Indian Oil Corporation (IOCL) for the delivery to India of up to 800,000 tons (725,748 tonnes) per year of LNG for 10 years from 2026
An agreement (HoA) with Korea South-East…
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The Tank Storage Association has launched its 2024 industry manifesto. The document sets out six steps that the UK government in the next parliament could take to help secure a responsive, flexible, robust, and resilient bulk storage and energy infrastructure sector today and in the journey towards carbon neutrality.
The key manifesto priorities are:
Close collaboration and partnership with…
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Vopak has signed a strategic cooperation agreement with the Vice Mayor of Tianjin, China, delegation to support the repurposing of Vopak Tianjin's infrastructure for new energies. Tianjin, the economic hub of Bohai Bay, is the largest port in Northern China. As the number of new energies projects in the area continues to grow, Tianjin is becoming an increasingly important logistics hub for their…
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The floating production storage and offloading (FPSO) vessel, a key component of the Greater Tortue Ahmeyim (GTA) Phase 1 LNG development, has arrived at its final location offshore on the maritime border of Mauritania and Senegal. The FPSO vessel is currently being moored at the site 40 km offshore, in a water depth of 120 m. It will be operated by BP, on behalf of the project’s partners: BP,…
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Advario and Fluxys are progressing towards the next phase of their joint low-carbon ammonia terminal project in the Port of Antwerp-Bruges, Belgium. This includes initiating commercial proceedings to invite market players to reserve capacities in the terminal during the open season and advancing to FEED studies, a critical phase laying the groundwork for the terminal's development.
The planned…
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Algeria's state-owned oil and gas firm Sonatrach has signed an agreement with US oil major ExxonMobil to allow the study of opportunities to develop hydrocarbon resources in Algeria's Ahnet and Gourara basins. The signing comes after Algeria's Hydrocarbon Law means that all oil and gas resources in Algeria are owned by the state. The move for additional hydrocarbon exploration will hopefully…
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Energy technology company Baker Hughes has been awarded a major contract from Sonatrach for a gas-boosting project for the Hassi R’Mel gas field in Algeria. The contract is part of a broader order awarded to a consortium between Baker Hughes and Tecnimont, part of technology and engineering group MAIRE. The signing ceremony took place in Algiers in the presence of the three company CEOs: Rachid…
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AltaGas and Vopak have reached a positive final investment decision (FID) on the Ridley Island Energy Export Facility (REEF), a large-scale liquefied petroleum gas (LPG) and bulk liquids terminal with rail, logistics and marine infrastructure on Ridley Island, British Columbia, Canada.
Following a five-year environmental preparation and review process, extensive engagement with multiple…
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According to the company's LinkedIn, Advario has supported the delivery of the first batch of blended Neste MY Sustainable Aviation Fuel (SAF) into Singapore Changi Airport, one of Asia Pacific’s largest aviation hubs. This achievement highlights the dedication of both Advario Singapore and Neste to support the aviation industry's journey to a more sustainable future.
The SAF was produced at…
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ConocoPhillips and Marathon Oil Corporation have announced that they have entered into a definitive agreement for ConocoPhillips to acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion (€20.8 billion), inclusive of $5.4 billion of net debt.
Under the terms of the agreement, Marathon Oil shareholders will receive 0.2550 shares of ConocoPhillips common stock…
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Matthew Law, vice president at Chemserve Terminal explains how the family- run chemical terminal is standing out in the USA
Founded in 2014, Chemserve Terminal is a third-generation family-owned chemical terminal in Wilmington, North Carolina, USA. The company got its start in the tugboat and barge sector, owning vessels along the Gulf Coast and East Coast of the USA. ‘Our niche these…
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ICIS hydrogen analyst, Sandeep Venkatesh, explores how renewable hydrogen is impacting tank storage
Renewable hydrogen is considered an important commodity to decarbonise areas of the economy that would otherwise struggle to electrify. However, the intermittent nature of renewable electricity supply makes it difficult to consistently meet end-use demand for renewable hydrogen. Offtakes,…
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Sherwin-Williams Protective & Marine has introduced a new, patent-pending, erosion-resistant coating (ERC) technology to protect pipe interiors from the inherent sandblasting action of grit moving rapidly through the pipes. The applied powder coating remains intact far longer than other options, protecting the steel pipes from the significant metal loss that otherwise leads to potential leaks…
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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/