News

The ILTA conference and trade show is back for May 2024 in Houston, Texas   2024 marks a special celebration for the International Liquid Terminals Association (ILTA): the association’s 50th anniversary. Since 1974, ILTA has worked alongside bulk liquid terminal companies and its supplier partners to educate, advocate, and unify the bulk liquid terminal industry. This year, ILTA invites…
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For over half a century, floating roof seal assemblies have been, at most, an afterthought. Very little consideration was given to how a seal would function, and even less given to actual emission control. Little thought was given to product compatibility, tank conditions, shell deformations and tank cycling. As long as the gap between the floating roof and tank shell was bridged with a device of…
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TotalEnergies, a global integrated energy company, and Vanguard Renewables, a US leader in farm-based organics-to-renewable natural gas production and a portfolio company of a fund managed by BlackRock’s Diversified Infrastructure business, have signed an agreement to create an equally owned joint venture to develop, build, and operate Farm Powered renewable natural gas (RNG) projects in the…
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RegO, part of OPW, today announced the launch of its RegO Presto-Link device and RegO app integration. The innovative Presto-Link redefines the landscape of liquefied petroleum gas (LPG) container and regulator testing. With a focus on speed, accuracy and efficiency, the RegO Presto-Link Mobile App boasts updated features that have been designed to streamline leak-testing processes for propane…
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Barend van Schalkwyk, business development director at OCI Global explores the impact of global hydrogen corridors on decarbonising energy-intensive industries   [caption id="attachment_41036" align="alignleft" width="368"] Barend van Schalkwyk, business development director at OCI Global[/caption] Lower-carbon hydrogen and its derivatives, methanol and ammonia, can significantly reduce…
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Ahead of speaking at ILTA 2024, Haley Armstrong and Ethan Spira from AJW, Inc. explore how terminal operators can adapt as the energy transition unfolds   [caption id="attachment_41041" align="alignleft" width="300"] Haley Armstrong, partner at AJW Inc[/caption] Terminals play an integral role in connecting companies’ supply chains. Operators must understand their customers’ emissions…
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FETSA’s executive director Ravi Bhatiani discusses the group’s expectations for the EU’s emissions targets and energy transition efforts   The recent adoption by the European Commission of a new 2040 climate target of 90% emissions reductions, as well as continued energy transition efforts by the EU in developing hydrogen and CCUS infrastructure show that the energy transition…
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Event season is well-and truly underway. In fact, many readers will be picking up the Summer edition at ILTA (6-8 May, Houston, Texas) and thumbing through for updates on President Biden’s LNG ban and how it’s impacting the rest of the world (page 46) and exclusive interviews with ILTA speakers such as Melanie Landry at IMTT (page 42) and AJW Inc (page 56). On top of this, we’ve also got…
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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 previously announced agreement to acquire SK Earthon’s 20% interest in Peru LNG (PLNG), owner and operator of the first LNG export facility in South America. PLNG’s assets comprise a natural gas…
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Melanie Landry, environmental regulatory compliance manager for International-Matex Tank Terminals speaks to Tank Storage Magazine about how her role and core values support IMTT’s Greener & Cleaner strategy   Established in 1939, International-Matex Tank Terminals (IMTT) is an industry leader in the storage and handling of a wide variety of liquid products, catering to a diverse…
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BASF Stationary Energy Storage (BSES), a subsidiary of German chemical manufacturer BASF, has ordered NAS Batteries from NGK Insulators for a large-scale green hydrogen production project, developed by HH2E, a German green hydrogen producer. The NAS batteries that have been ordered have a maximum output of 18 megawatts and a capacity of 104.4 megawatt-hours (72 container-type NAS batteries).…
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TotalEnergies has signed an agreement in view of acquiring the remaining 50% of SapuraOMV, a significant Upstream Gas Operator in Malaysia. The agreement is worth $530 million (€496 million), subject to closing adjustments. Closing is expected in the second half of 2024. This agreement follows a first agreement signed with OMV on January 31st, 2024, for the acquisition of its 50% interest in…
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Neste, the world's leading producer of renewable diesel and sustainable aviation fuel, and New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources are partnering to reduce greenhouse gas (GHG) emissions with Neste MY Renewable Diesel. Expanding on its sustainability leadership, NJNG announced it is switching its medium-duty trucks and associated equipment to renewable…
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During a visit to Muscat, Oman, on 21 April, Patrick Pouyanné, chairman and CEO of TotalEnergies met with His Majesty Sultan Haitham bin Tariq Al Said and His Excellency Eng Salim bin Nasser Al Aufi, Minister of Energy & Minerals, to reaffirm the long-term partnership between TotalEnergies and the Sultanate of Oman. During this visit, Pouyanné and Mulham Basheer Al Jarf, Chairman of OQ, the…
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As global targets to reach net zero and achieve a more sustainable future intensify, ports need to do everything they can to support this transition. This may mean replacing their own infrastructure, but also requires collaboration with customers and partners across the supply chain to ensure a cohesive move. Located in Spain, Port Tarragona’s energy transition strategy is divided into two…
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The global energy landscape is changing. The push for alternative energy sources is in full swing: green electricity, green hydrogen and sustainable fuels will replace fossil fuels in the combat of CO2 emissions globally. This influences the tank storage industry in particular: a move away from petroleum products and towards the storage of chemicals, biofuels, and other energy carriers such as…
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Heather Legan explains how BP’s early engagement programme kickstarted her career in tank storage   Choosing chemical engineering in college always felt like the right fit for Heather Legan, now a process engineer at BP. She enjoyed maths, chemistry and microbiology, so the course seemed to be a great fit for her interests. Legan assumed that with this degree she would work in the food…
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Robotics enable a more sustainable path to internal tank inspections in compliance with industry guidelines, say the experts at Square Robot   Sustainability has become an imperative for businesses across all industries. Consumers, investors, and employees now expect companies to prioritise environmental, social, and governance (ESG) performance. However, advancing operational efficiency…
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Let's take a look back at the only event delivering the cutting edge of tank storage and energy infrastructure: StocExpo   On 12 & 13 March, StocExpo returned for its 19th edition, welcoming the tank storage and bulk liquid community, familiar and new, to the hub of the energy infrastructure market in Rotterdam, the Netherlands. Championing collaboration and innovation, the event…
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Tank Storage Magazine speaks exclusively to Andrés Suárez about Exolum’s expansion into the USA   In December 2023, Exolum acquired a 50% interest in Vopak Moda Houston (VMH), an ammonia storage, import and export terminal located on the Houston Ship Channel, USA. Exolum took over from Moda Midstream LLC in its first foray into the US market. Located at the very entrance to the Houston…
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