News
https://vimeo.com/914726217/78ff8247af?share=copyListen to Job van de Kroft, director of new energies Europe at Advario explain how Advario is building an import terminal of the future.
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Vitol has announced the execution of a natural gas sale and purchase agreement with EOG Resources. Under the agreement, EOG will supply 180,000 million British Thermal Units per day of natural gas (equivalent of approximately 1.25 million tonnes of LNG equivalent per annum) to Vitol with 140,000 million BTU per day at a purchase price indexed to Brent Crude Oil and the remaining volumes indexed…
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Hexicon has signed a sales and purchase agreement to take full ownership of its joint venture with Shell Overseas Investments, MunmuBaram Co.
Under the agreement, Hexicon will increase its stake in the project from 20% to 100%, increasing the project portfolio by 900 MW. Completion of the transaction is subject to regulatory approval.
The MunmuBaram project, originally initiated by the joint…
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QatarEnergy has announced that it has named the first LNG carrier to be delivered as part of its new LNG fleet expansion program the 'Rex Tillerson', in recognition of the former chairman and CEO of ExxonMobil, who also served as the 69th United States Secretary of State.
During his 10-year term as Chairman and CEO of ExxonMobil, Tillerson oversaw the consolidation of relations with the State of…
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Equinor and the Indian fertiliser and petrochemical company Deepak Fertilisers have signed a 15-year agreement for supplies of liquefied natural gas (LNG) with deliveries starting in 2026.
Equinor’s growing global LNG portfolio is based on LNG from the Equinor operated LNG Plant in Hammerfest, Norway and LNG supply sourced mainly from the US.
This portfolio will be the base of supply to…
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Vitol Bunkers has taken delivery of the Marine Future, its first specialised bunker barge in Singapore, strengthening its position in Asia’s expanding biofuel bunker market.
The addition of this specialised IMO type 2 notation bunker tanker to the V-Bunkers fleet will uniquely make it possible to supply biofuel blends including B24, B30 and up to B100, depending on customer specifications.…
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Despite ambition across its members, the European Union (EU) won’t meet climate targets until well into the 2060s, as focus shifts to energy security and economic stability. Renewables and electrification uptake is due to progress steadily, but nascent technologies, such as hydrogen and carbon capture, need urgent action in the forms of investment, demand certainty, and policy commitment,…
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SAF One, a platform focused on the development of global sustainable aviation fuel solutions, has announced the appointment of Kent, a world-renowned engineering firm, to carry out a technology licensing review for its first synthetic paraffinic kerosene (SPK) production plant. This announcement further underscores the company's commitment to support the aviation sector with scalable, sustainable…
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Varo Energy and Orim Energy are partnering to provide shipping customers in the Port of Rotterdam – and wider Amsterdam-Rotterdam-Antwerp (ARA) region – with biofuels.
The agreement supports the decarbonisation of maritime transportation and inland shipping in Northern Europe. It also contributes to the wider targets set by the International Maritime Organisation (IMO) to reduce the total…
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Technip Energies has announced a strategic investment in the United Airlines Ventures Sustainable Flight Fund. This innovative fund is strategically designed to leverage cross-industry support, providing start-ups working on Sustainable Aviation Fuels (SAF) research, production and technology, with both financial and strategic capital.
This investment positions Technip Energies as the first…
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Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities…
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Head of mechanical and structures at Technodyne, Catherine Dix, tells Tank Storage Magazine about solving real world problems in her engineering role
Catherine Dix, head of mechanical and structures at Technodyne, joined the industry when she was studying for her PhD at the University of Southampton, UK. ‘I wanted to get out of academia and work in the industrial world. I wanted to use my…
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Unite the union can confirm that its Equans FM members working at Sullom Voe oil terminal in the Shetland Islands, Scotland, have accepted an improved wage offer. Around 30 key workers overwhelmingly voted to accept a wage offer negotiated by Unite over three years. The terminal workers are now set to receive a 9% wage uplift backdated to April 2023.
The union has further secured an inflation…
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Dutch pioneer in Industrial Internet of Things (I-IoT) solutions, TWTG, and integrated energy and chemical company, Aramco, have signed a memorandum of understanding (MoU) for advancing Aramco’s digital transformation of Saudi Arabia’s industrial landscape.
Aramco is embracing digital transformation as a means to enhance operational efficiency, prioritise safety, and reduce its carbon…
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The TSA is pleased to welcome CRN Services as a new associate member. The TSA announced on its LinkedIn page that it is looking forward to working with CRN Services.
CRN Services is an independent consultancy providing a bespoke and cost-effective services to clients within the UK downstream energy sector. Support and advice is provided on both technical and non-technical activities of oil…
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ExxonMobil Low Carbon Solutions announces its recent agreement with Zeeco, makers of next-generation ultra-low NOx, for 100% hydrogen-ready industrial burners.
As industrial manufacturers explore fuel switching from natural gas, Zeeco’s technology can help to significantly lower emissions. Combining ExxonMobil’s reliable, low-carbon hydrogen with Zeeco’s technology offers its manufacturing…
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EEMUA has welcomed Warwickshire Oil Storage Limited (WOSL) as its newest corporate member.
WOSL is one of the main operators at the Kingsbury Oil complex, the largest inland oil storage depot in the United Kingdom, where it stores petroleum products (petrol, diesel and heavy oil) for distribution around the UK.
Deovonne Ferreira, EEMUA’s head of membership, says: ‘We’re delighted to…
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https://vimeo.com/914703189/5e629bd9e6?share=copyMolly Cooper speaks to Mathias Potvin from LBC Terminals about what he will be discussing at StocExpo conference in March.
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As we approach the International Liquid Terminals Association Safety Awards in May 2024, a couple of factors come to the forefront...
Today, there is a greater awareness among terminal operators of proactive steps that can be taken to reduce the risk of injuries, particularly serious injury. An additional factor that comes to mind is workforce development. The long-serving members of this great…
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Fuel from an overturned and abandoned barge continues to spill, staining Tobago's coastline and now seeping into Grenada's waters, with potential implications for neighbouring Venezuela.
Despite efforts to contain the leak, the stain has spread about 144km into the Caribbean Sea over eight days.
Tobago's chief secretary, Farley Augustine, reported the spill's entry into Grenada's territorial…
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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/