News

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…
Read More »

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…
Read More »

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…
Read More »

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…
Read More »

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…
Read More »

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.…
Read More »

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…
Read More »

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,…
Read More »

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…
Read More »

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…
Read More »

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…
Read More »

The state of Texas, USA, plans to put 13 zones open for bidding for carbon capture and sequestration (CCS) projects. The available zones total 1.13 million acres of state waters and bays along the Gulf of Mexico, encompassing waters near Brownsville, Freeport, and Galveston, along with areas around Matagorda, Calhoun, and Aransas counties, as outlined in a request for proposals from the Texas…
Read More »

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…
Read More »

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…
Read More »

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…
Read More »

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…
Read More »

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…
Read More »

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…
Read More »

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…
Read More »

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…
Read More »