News
Tank storage specialist John Cornell explains why tank bottom corrosion occurs and how to prevent it.
A corrosion professional or expert is defined by the products they have worked with, the climates they have worked in and the locations they have worked at.
‘There is a great difference in corrosion scenarios around the world and corrosion is such an important topic. The question often comes…
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https://vimeo.com/878612006/91e905d55b?share=copyExecutive summaryAs adverse weather conditions around the world become more frequent, storage terminal operators must protect their assets and ensure they're up to code. Hosted by Tank Storage Magazine, industry experts cover:• New regulations relating to seismic load and design codes• Fitness-for-service of storage tanks under design ground…
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Exxon Mobil has announced it has closed its acquisition of Denbury in an all-stock transaction valued at $4.9 billion (€4.6 billion), or $89.45 (€84.11) per share, based on ExxonMobil’s closing price on July 12, 2023.
Under the terms of the agreement, Denbury shareholders will receive 0.84 shares of ExxonMobil for each Denbury share.
Chairman and CEO at ExxonMobil, Darren Woods says:…
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[caption id="attachment_31404" align="alignleft" width="300"] Pipelines leading to an oil refinery[/caption]
On Friday 27 October, His Majesty the King Willem-Alexander of the Netherlands performed the official ceremony to start work on the construction of a national hydrogen network in the Netherlands.
The ceremony took place on the building site of Gasunie subsidiary Hynetwork Services in the…
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Aker Carbon Capture has been awarded a feasibility study by TES, to explore the implementation of a carbon capture plant at a waste-to-energy facility in Germany.
The planned capture capacity will be 400,000 tonnes CO2 per year. The captured CO2 will be transported by railcar to the TES facilities at Wilhelmshaven in Northern Germany to produce e-NG, which is electric natural gas derived from…
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Emerson has announced its innovative new Fisher Whisper Trim Technology for use in both rotary and globe valves, providing an extension to Emerson’s current portfolio of Whisper noise solutions. This next generation of Fisher Whisper Trim technology addresses noise issues by using additive manufacturing and other advanced techniques to create trim designs with increased capabilities.
The…
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South Australian energy infrastructure developer, Venice Energy and one of Australia’s leading energy providers, Origin Energy (Origin), have agreed on a structural framework that will underwrite the commercial viability of the Outer Harbor LNG import terminal to be built at Port Adelaide, Australia.
The agreement comes 18-months after the project was approved by the South Australian…
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TIW Steel Platework’s general manager, Daniel Wigmore, speaks to Tank Storage Magazine about the company’s long industry experience and projects.
TIW Steel Platework was founded in 1907 under the name Toronto Iron Works. Its history is tied with the pioneering of Canada’s petroleum industry. The company was originally founded along Toronto’s waterfront by Albert Leroy Ellsworth, who…
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The American Petroleum Institute (API) and Ukraine's national oil company, Ukrnafta have signed a memorandum of understanding (MoU) to promote the adoption of API natural gas and oil standards in Ukraine.
The agreement affirms both parties’ commitment to enhancing Ukraine's energy independence and its transition away from Russian standards, equipment and operations.
Anchal Liddar, API senior…
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The new Heat-Flex 7000 thermal insulative coating system from Sherwin-Williams Protective & Marine offers personnel protection, insulating capabilities and solar heat reflectivity for an array of industrial applications. The single-component, spray-applied coating system meets Occupational Safety and Health Administration standards for protecting personnel from skin-contact burns on assets…
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https://vimeo.com/875492626/d7c4c858c7?share=copyJournalist Cyann Fielding speaks to Navigator Terminal's Craig Garbutt about judging the 2024 Tank Storage Awards.
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Leading global manufacturer of highly engineered equipment servicing multiple applications in the clean energy and industrial gas markets, Chart Industries was named one of the ‘Top 10 Companies of CCUS’ in 2023. Paul Shields, director of marketing at Chart, discusses how Chart fits into the world of carbon capture, utilisation and storage (CCUS), what the future of CCUS looks like and what…
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Israel's Energy Ministry has announced that it has awarded 12 licences to six companies to explore natural gas off the country's Mediterranean coast, aiming to create more competition and diversify suppliers.
The licence awards included one group led by Italy's Eni along with Dana Petroleum and Israel's Ratio Energies which will explore an area west of the massive Leviathan field, which supplies…
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Centrica’s Irish subsidiary Bord Gáis Energy has joined ESB and dCarbonX’s subsurface green hydrogen storage project off the coast of Ireland.
The Kestrel project, which is focused on the redevelopment of decommissioned gas reservoirs at Kinsale Head gas field, aims to support Ireland’s national hydrogen strategy by establishing large-scale green hydrogen storage.
Bord Gáis will join…
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Engro Vopak Terminal located in Pakistan has achieved a safety milestone of 2 years free from reportable incidents.
This milestone means that no one has been seriously injured while working at the terminal in the past 2 years, and there have also been no risky spills.
Vopak comments: 'Safety is our highest priority, we strive to ensure that everyone can return home safely at the end of each…
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Cepsa Química discusses its journey towards sustainable product solutions and the new reality in the chemicals market.
LAB is an organic compound primarily used as an intermediate to produce LAS and LABSA, categorised as surfactants. LAS is the most consumed surfactant, supported by its strong technical performance, mainly used for home care applications. LABSA is also used in light-duty…
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Executive director of the Tank Storage Association, Peter Davidson, examines the bulk storage and energy infrastructure sector in light of changing markets and shifts in the geopolitical landscape.
Tank storage is an essential part of commodity trading and storage terminals improve the flexibility of supply chains. These terminals may either store single products or multiple products within a…
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Exolum has garnered the highest possible five-star rating in the 2023 GRESB sustainability index with a score of 97 points out of 100. The company also obtained a leading position among energy and water transportation companies, was ranked first in maintenance and operation and obtained the best score in management among all 687 participating entities.
GRESB is one of the world’s leading…
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Finland's Gasgrid, which operates the floating liquefied natural gas (LNG) import terminal at Inkoo, Finland, will be opening booking for its revised winter slots for three days from Friday to help maintain stable supplies after the loss of a pipeline.
The Balticconnector line linking Finland and Estonia was ruptured earlier this month by what Finnish police say they believe was a large anchor…
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Sustainable technologies company, Johnson Matthey and BP have announced they have signed a licensing and engineering agreement for Johnson Matthey’s LCH technology at BP’s proposed flagship low carbon (blue) hydrogen facility in Teesside, H2Teesside, UK.
Due to its proximity to domestically sourced North Sea natural gas, established pipe corridors, and planned carbon capture transportation…
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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/