News

Apr 2, 2024
In the dynamic and challenging landscape of the petrochemical industry, the quest for innovative solutions to enhance safety, durability, and efficiency has never been more critical. Dantec has now made advancements in PTFE-coated hose fittings, reshaping the way industries address challenges in applications where traditional metal fittings are not suitable. Dantec composite hoses have earned a…
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Ion Agirre and Laura Barrio from the SherLOHCk project discuss the challenges of storing and transporting hydrogen   Hydrogen is emerging as the preferred energy source in the battle against greenhouse gas emissions, with a notable emphasis on obtaining green hydrogen. Its integration with renewable sources is pivotal to smoothing out production fluctuations and facilitating energy…
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Tomas Hasselgren at Emerson explains how integrating non-contacting radar level gauges into tank gauging systems provides an accurate solution   Demand for liquefied petroleum gas (LPG) is increasing globally. A major reason for this growth is that LPG – a hydrocarbon gas consisting primarily of propane, butane, or a mixture of both – produces lower greenhouse gas emissions than…
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Apr 1, 2024
MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, has announced the completion of its acquisition of Tokyo Gas' interests in a portfolio of Australian integrated LNG projects. The acquisition includes Tokyo Gas’ interests in the Gorgon LNG, Pluto LNG and Queensland Curtis LNG…
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The experts at Owens Corning explain how to properly manage the risk of corrosion under insulation   Industrial environments often present extreme conditions when it comes to insulating storage tanks and vessels. This includes a broad range of internal storage temperatures, volatile products and possible harsh weather conditions like high winds, flooding, and external temperature extremes.…
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Mar 30, 2024
In the world of aboveground storage tanks (ASTs), project managers who oversee storage terminals grapple with numerous challenges each day. These range from tight budgets and high maintenance expenses, to the critical need for minimizing tank downtime while maintaining safety records. Mesa ETP recently collaborated with a project manager who dealt with these challenges and was presented with Mesa…
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Mar 28, 2024
Fives has been selected by the Chinese company Zhonglv Zhongke Energy Storage Technology Co for the supply of cryogenic equipment as part of the largest renewable energy storage project on an industrial scale. [caption id="attachment_40568" align="alignleft" width="491"] Fives cryogenic storage[/caption] The storage unit operated by Zhonglv Zhongke Energy Storage Technology Co will be installed…
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Mar 28, 2024
After the success of StocExpo and huge interest in our Tank Storage Membership options, Tank Storage Magazine is offering a one-month trial to all free and premium members, to see what Elite Membership looks like. Enjoy complimentary access to all online features, webinars on demand and StocExpo conference content. Missed our webinar about the brain drain in tank storage? Watch the replay…
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Mar 28, 2024
Vitol Bunkers has completed the first delivery of B30 biofuel blend in Singapore, the first time that biofuel above concentration B25 has been delivered. A total of 1,100 MT of VLSFO B30 was delivered on 14 March 2024 to the vessel Grand Hero, a vehicle carrier chartered by Hyundai Glovis. The delivery was carried out by Vitol Bunkers’ vessel the Marine Future, a specialised bunker barge that…
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Mar 28, 2024
Setpoint Integrated Solutions has announced a strategic alliance with Protego, a global leader in tank equipment and safety solutions for industrial process applications. As of April 1, 2024, Setpoint Integrated Solutions will officially represent the Protego brand across the Texas Gulf Coast, Louisiana, Arkansas and Mississippi markets. [caption id="attachment_22413" align="alignleft"…
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Mar 27, 2024
Odfjell has reported its results for 2023. Looking at both the shipping and storage terminals elements of the business, Odfjell has reported strong achievements in key operational areas throughout the year, from financial performance to fleet and terminal enhancements, with industry-leading safety records and solid progress in its decarbonisation journey. CEO Harald Flatland highlights safety,…
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Mar 27, 2024
Tecam, a leading environmental technology company, proudly announces its successful participation at StocExpo 2024, the meeting point for tank terminals in Europe. Held on 12-13 March in Rotterdam, The Netherlands, StocExpo provided a key platform for Tecam to exhibit its cutting-edge environmental technology solutions tailored for the tank storage industry. [caption id="attachment_40544"…
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Mar 27, 2024
The long-term pause in new US LNG investment could transform the market, according to Giles Farrer, head of gas and LNG asset research at Wood Mackenzie   Addressing US President Joe Biden’s executive order to temporarily pause new approvals for LNG exports, Giles Farrer, head of gas and LNG asset research at Wood Mackenzie says: ‘The decision will not affect our forecast for US LNG…
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Mar 27, 2024
VTTI, a global leader in energy storage and developer of energy infrastructure, and IKAV, an international asset management group headquartered in Germany, have entered a consortium to acquire majority ownership Adriatic LNG, which operates the regasification terminal located 15 km off the coastline of Veneto region in Italy. Adriatic LNG terminal has a technical regasification capacity of 9.6…
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Mar 27, 2024
Texas LNG Brownsville, a subsidiary of Glenfarne Energy Transition, has signed a Heads of Agreement with Gunvor Group through its subsidiary Gunvor Singapore for a 20-year LNG FOB sale and purchase agreement (SPA) for 0.5 MTPA of LNG from Texas LNG. 'We’re thrilled to welcome Gunvor to our portfolio of customers, connecting Texas LNG, one of the lowest-emitting liquefaction facilities in the…
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Mar 27, 2024
Ørsted, a leading US clean energy developer, has been selected by the Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for up to $100 million (€92 million) in federal funding to construct a groundbreaking Power-to-X facility, called Star e-Methanol, along the Texas Gulf Coast. Ørsted’s project was selected as one of 33 projects across more than…
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Mar 27, 2024
TotalEnergies has signed an agreement to acquire 100% of Talos Low Carbon Solutions (TLCS), an early-mover American company focused on carbon capture and storage. After completion of the transaction, TotalEnergies will own a 25% share in the Bayou Bend project, alongside Chevron (50%, operator) and Equinor (25%). Bayou Bend project is a major CO2 storage project located along the Texas Gulf…
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Mar 26, 2024
Doosan Fuel Cell’s solid oxide fuel cell (SOFC) stack has passed a DNV environmental test for marine use. Developed by a consortium of Korea Shipbuilding & Offshore Engineering (KSOE), Shell, HyAxiom, and Doosan Fuel Cell, the solid oxide fuel cells are intended to supply large vessels. Passing DNV's environmental test marks a new milestone for the technology. The consortium launched the…
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Mar 26, 2024
Woodside has completed the sale of a 10% non-operating participating interest in its Scarborough Joint Venture to LJ Scarborough Pty Ltd (LNG Japan). The completion follows Woodside’s announcement on 8 August 2023 that it had established a strategic relationship with LNG Japan that involved three elements: equity in the Scarborough Joint Venture; potential LNG offtake; and collaboration on…
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Mar 25, 2024
Learn how a Crea Construct prefabricated unit can benefit your terminal   In the petrochemical sector constructing a pump and valve room on site is not always easy. Starting with the first projects in the petrochemical sector, Crea Construct noticed that construction of the pump and valve room on site was not always easy. Often, a lot of valuable time can be lost due to difficult weather…
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