News

Feb 19, 2024
10 factory workers have been rushed to hospital following an ammonia gas leak at a factory in Jalan Keluli 1 at the Bukit Raja Industrial Area, Malaysia. State Fire and Rescue Department deputy director (operations) Ahmad Mukhlis Mukhtar said they were alerted to the incident at 11:15am: 'Preliminary checks suggested that there was a valve leakage from a tank storing ammonia gas. At present, 10…
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Feb 19, 2024
The UK's Environment Agency (EA) is investigating the cause of an oil leak in the River Stour, England.  The Environment Agency (EA) said on Saturday officers located the source of the oil leak, and were investigating evidence of harm to the environment. It also says most of the oil leak has been contained using booms and pads. 'Some oil is currently visible along a 5km (3.1 miles) stretch of…
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Feb 19, 2024
US LNG terminal developer Tellurian has secured more time from the US FERC to complete the construction of its Driftwood LNG project in Louisiana. In April 2019, the FERC authorised Driftwood LNG to site, construct, and operate facilities for the liquefaction and export of natural gas in Calcasieu Parish, Louisiana. As well as the 27 million tonnes per annum LNG terminal, the regulator also…
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Feb 19, 2024
Amidst shifting market dynamics, the oil and gas industry faced a significant quarter-on-quarter (QoQ) decline of 16% in disclosed contract volume from 1,401 in Q3 2023 to 1,172 in Q4 2023. However, despite this downturn, a marginal uptick in overall contract value hints at resilience during the challenging times, says GlobalData, a data and analytics company. GlobalData’s latest report, Oil…
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Feb 19, 2024
Provider of innovative energy storage solutions, Global Energy Storage Group (GES), has announced the successful sale by its subsidiary, GPS Innova Singapore Pte, of 100% of the issued share capital of SRS Middle East FZE to Paragon Capital Pvt. SRS is a terminal comprising of 178.6 thousand m3 of storage capacity for petroleum products and petrochemicals. GES began developing the terminal on…
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Feb 16, 2024
Uniper is exploring the potential development of a new gas-fired power station with carbon capture technology at its Connah’s Quay site which would be capable of providing around 1.1GW of low carbon power. The proposed new power station would be developed in two phases, each with a capacity of around 550MW. Connah’s Quay Low Carbon Power Project forms part of a long-term replacement strategy…
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Data-driven experts, Proaim, tell Tank Storage Magazine how simulation models can be utilised in the tank storage industry... PROAIM has developed a detailed and discrete event simulation model of an oil and gas terminal and its shipping operations. This has been benchmarked against years of previous operations and experience and it now being used to validate the impact of proposed changes with…
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Feb 15, 2024
The World Hydrogen 2024 Summit & Exhibition, a pivotal event in the global hydrogen industry, is set to return to Rotterdam with its largest and most influential edition yet. Taking place at the Rotterdam Ahoy, this summit & exhibition marks a significant moment in the industry's calendar, offering unparalleled networking opportunities, insightful discussions, and groundbreaking…
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Feb 15, 2024
Vopak is investing in new infrastructure for electricity in the US. Vopak will own and operate two stand-alone lithium-ion battery energy storage systems near Houston, Texas. This project marks Vopak's first entry into electricity storage in the US, and is part of Vopak's strategy to accelerate towards new energies. In March 2024, the first 10MWh is expected to be placed into service. The…
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Feb 14, 2024
Royal Vopak has announced its full year results for 2023, via a video with CEO of Royal Vopak, Dick Richelle. Key highlights include: EBITDA in FY2023 increased to EUR 964 million, proportional EBITDA to EUR 1,154 million and operating cash return to 14% Reduced its CO2 footprint by 25% compared to our baseline of 2021 and further improved its safety performance Actively managed its…
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Feb 14, 2024
Uniper has awarded Technip Energies and Aker Carbon Capture process design package (PDP) contracts to deliver its technology and design studies for the Grain Carbon Capture project. Both companies will participate in a competition to engineer the carbon capture technology and plant design needed for the project to move to the front end engineering and design (FEED) phase, ahead of a final…
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Feb 13, 2024
Cattalini Terminais Marítimos tells Tank Storage Magazine about its latest renewable energy solution. Cattalini Terminais Marítimos was founded 42 years ago in the Port of Paranaguá, Brazil, one of the country’s main ports and the main port in Latin America. It is the largest liquid terminal in Brazil, handling 5 million tonnes of liquid per year, with around 600 employees. The company…
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Feb 13, 2024
The eighth annual Global Energy Talent Index (GETI), has released a report which has highlighted a cautious approach to AI adoption in the oil and gas industry, wide interest in AI skills development, and a slowing of salary growth. According to the report, produced by Airswift, 24% of oil and gas professionals already use AI – somewhat behind the industry average of 27%. A further 10 % are…
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Feb 12, 2024
Technip Energies was awarded the engineering, procurement, construction, and commissioning (EPCC) contract for a new Melamine Plant at Gurun, Malaysia, by Petronas Chemicals Fertiliser Kedah in February 2022. In a post on LinkedIn, the company provided an update on the progress of the project. Technip Energies has made significant progress in the installation of key equipment, including the…
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Feb 12, 2024
This year, industrial waste heat from Evonik is to be used to supply district heating to Uniper customers in the Ruhr region. Representatives of Evonik and Uniper met at Uniper Wärme in Gelsenkirchen, Germany, to sign the official start of the project. Uniper is initially installing an innovative high-temperature heat pump at Evonik's Herne site as part of a pilot project, making use of the…
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Feb 12, 2024
Fluxys has teamed up with Advario Stolthaven Antwerp and Advario Gas Terminal to study the feasibility of building an open-access green ammonia import terminal at Belgium's Port of Antwerp-Bruges. Located at a future green energy gateway, the future terminal is expected to be operational in 2027. It will deliver storage and multimodal logistics solutions for ammonia (train, truck, barge and…
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https://vimeo.com/912244286/98889eff5c?share=copyMolly Cooper speaks to Amit Rao from S&P Global about what he will be discussing at StocExpo conference in March.  /*! elementor - v3.19.0 - 07-02-2024 */ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading…
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Feb 9, 2024
StocExpo’s search for the top forty tank storage professionals in the world under the age of 40 continues – the deadline has now been extended to 20 February. There’s more time to nominate yourself and your peers for StocExpo’s Forty Under 40. This is due to the high level of late entries to StocExpo’s initiative to find and celebrate the industry’s forty young professionals who are…
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Cyann Fielding talks to industry professionals about why now is the time to review safety at port and terminal facilities   Petrochemical facilities, including ports and terminals, play a crucial role in the global energy infrastructure. Most facilities handle multiple different products throughout the stages of processing, storage, and transportation of various chemicals and fuels. With…
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Feb 8, 2024
Ahead of OCI Global's talk at StocExpo 2024, director Bowen Xu discusses how heavy industry can make 2024 a watershed year for the fuel transition   [caption id="attachment_39930" align="alignleft" width="300"] Bowen Xu, director at OCI[/caption] Transport is responsible for 21% of global carbon dioxide emissions and achieving net zero for the sector by 2050 will require the industry to…
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