News
Dutch robotic manufacturer, Qlayers has developed an innovative automated solution for applying anti-corrosive coatings on large-scale oils and gas and chemical storage tanks. Its robotic solution enables contractors to carry out tank coating projects with higher safety, efficiency, and precision.
Storage tanks’ durability and total lifecycle are often influenced by the degradation caused by…
Read More »
Read More »
LBC Tank Terminals has achieved the 5-star rating in the 2023 GRESB benchmark, a widely respected assessment of environmental, social, and governance (ESG) performance in real estate and infrastructure assets. GRESB offers valuable insights into a company's sustainability initiatives, risk management, and long-term value creation by assessing various aspects of ESG performance, including energy…
Read More »
Read More »
In its biggest deal in a decade, ExxonMobil is set to purchase Pioneer Natural Resources for $60 billion (€56.7 billion).
Exxon will acquire more than 850,000 acres in the Permian Basin in West Texas, USA, more than doubling the company’s output in a region that accounted for 18% of all US natural gas production in 2022, according to the Energy Information Administration.
Together, the…
Read More »
Read More »
At the 2023 Global Tank Storage Awards in Rotterdam, Netherlands, Nicholas Gohl, CFO of Aquarius Energy, was presented with gold for the Outstanding Achievement award.
The judges were impressed by the way Gohl champions terminals in both developed and emerging markets, understands the broader picture, and finds concrete ways to help communities – beyond making money.
‘I felt honoured…
Read More »
Read More »
Sustainable carbon solutions company, Navigator CO2 has announced that the development of its pipeline project has been cancelled.
This is due to the challenges and the unpredictable nature of the regulatory and government processes involved, in South Dakota and Iowa US.
Matt Vining, CEO of Navigator CO2 says: ‘As good stewards of capital and responsible managers of people, we have made the…
Read More »
Read More »
Aramco, a Global integrated energy and chemicals company, Aramco and NEOM’s energy and water company, ENOWA have announced the signing of a joint development agreement to construct and establish a first-of-its-kind synthetic electro fuel (e-fuel) demonstration plant.
It will be located in ENOWA’s hydrogen innovation and development center (HIDC) and aims to demonstrate technical feasibility…
Read More »
Read More »
Advario has just completed the refurbishment and repurposing of a 115,000-barrel storage tank at its Texas City Terminal, US.
'We are very pleased to have just refurbished and repurposed a 115,000 barrel storage tank at our Texas City terminal,' says Frank Rodriguez, director commercial at Advario North America. 'The tank now stores feedstock for a nearby production facility, providing an…
Read More »
Read More »
Emerson has announced the Plantweb Insight Valve Health Application, a powerful software tool that combines Fisher control valve expertise with advanced analytic algorithms. The new app makes it possible for users to visualise an entire connected fleet of valves, while prioritising actions based on the health index of each valve. This helps plant personnel optimise valve repair activities,…
Read More »
Read More »
Energy and commodities company, Vitol is strengthening its position in Asia’s expanding biofuel market, with the delivery of specialised bunker barges to Singapore in 2024.
From early next year, Vitol through its wholly-owned subsidiaries V-Bunkers and Vitol Bunkers will be able to offer a range of biofuel blends, from B24, B30 and even up to B100 if customers request it.
Currently, all…
Read More »
Read More »
[caption id="attachment_34480" align="alignleft" width="300"] Stainless tanks and pipeline for liquid chemical industrial on sky background[/caption]
As of October 2023, Implico is an associate member of the Independent Tank Storage Association UTV.
As advocates for digital transformation, Implico aims to illuminate innovative pathways for Germany's tank terminal operators, placing a…
Read More »
Read More »
India's prominent integrated energy platform, Avaada Group, has signed memorandum of understanding (MoU) with Gopalpur Port.
This strategic alliance aims to establish a storage facility dedicated to storing green ammonia at the Gopalpur port, India.
The signing of this MoU represents a significant leap forward, enabling the port to become a vital hub for exporting green ammonia, a key component…
Read More »
Read More »
On October 11, the World Hydrogen Congress hosted a fireside chat that delved into the numerous possibilities of ammonia as a key player in the energy transition.
Richard Scott, ACME Group, led the discussion, joined by Jeremie Esquier from Technip Energies and Mark Tipping from Lloyd's Register. The conversation revolved around the technical barriers, innovations in the supply chain, and the…
Read More »
Read More »
Alkion Terminals, part of Koole Terminals Group, is committed to growing its expertise and expanding the services they offer their customers. As part of this, Alkion Terminal Lisbon, Portugal, has welcomed bitumen as a new product in their portfolio.
'We began offering bitumen storage services in April of this year, after one of our customers expressed interest in storing bitumen with us,' says…
Read More »
Read More »
Eni has signed a long-term contract with QatarEnergy LNG North Fielding West, the JV between Eni and QatarEnergy for the development of the North Field East (NFE) project in Qatar, for the delivery of up to 1.5 billion m³ per annum (bcma) of LNG.
The available volumes will be delivered at the receiving terminal 'FSRU Italia', currently located in Piombino, Italy, with expected deliveries…
Read More »
Read More »
Chevron Corporation has announced that it has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion (€50 billion), or $171 (€161) per share based on Chevron’s closing price on October 20, 2023.
Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for…
Read More »
Read More »
US appetite for heavier barrels to remain robust in the medium-term, says Johannes Rauball, crude analyst at Kpler
Western refineries were largely able to circumvent the effects of EU sanctions on Russian oil relatively smoothly and adapt to the reshuffling of global trade flows over the last year. However, its impact can still be felt today, particularly across medium and heavy crude…
Read More »
Read More »
Having won gold in Safety Excellence at the Global Tank Storage Awards, Odfjell Terminals Korea shares insights into establishing an accident-free workplace
Odfjell Terminals Korea (OTK) was established as a subsidiary of Korea Petrochemical Company as part of a joint venture with Odfjell SE (Norway). Odfjell SE has over five decades of experience in tank terminal operations, currently…
Read More »
Read More »
Affiliates of QatarEnergy and Shell have announced the signing of two long-term LNG sale and purchase agreements (SPAs) for the supply of up to 3.5 million tons per annum (MTPA) of LNG from Qatar to the Netherlands.
LNG will be delivered to Gate LNG terminal located in the port of Rotterdam starting in 2026 for a term of 27 years.
The LNG volumes will be sourced from the two joint ventures…
Read More »
Read More »
Developer of energy supply and import hubs, Tree Energy Solutions (TES) – on behalf of Deutsche Grüngas und Energieversorgung GmbH (DGGEV) - has announced it is inviting market participants to submit non-binding expressions of interest for additional long-term terminal capacities from 16 October 2023.
This follows a successful open season and positive market reactions.
The total planned…
Read More »
Read More »
Aidan Doherty, managing director of Re-Gen Robotics, discusses how no-man tank cleaning can impact safety, costs and reputation.
Tank cleaning plays a critical role in ensuring the efficiency and safety of oil storage facilities. Traditional practices involving a confined space entry (CSE) crew for cleaning and maintenance have proven to be hazardous, leading to avoidable fatalities, and…
Read More »
Read More »
CONNECT WITH US
📣 Registrations for #TSA2026 are open!
A big thank you to our media partner @TankStorageInfo for supporting #TSA2026 | 17 September 2026 | @CBSArena | Coventry❗
✔️Find out more about @TankStorageInfo: https://tankstorage.com/
➡️ Don't miss #TSA2026: https://tankstorage.org.uk/conference-exhibition/
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/