News
Norwegian energy group Equinor has signed a five-year agreement to supply gas to Austria's OMV as part of the latter's supply diversification strategy.
Equinor will deliver 12 terawatt hours (TWh) of natural gas starting on October 1, the beginning of the European gas winter season, adding to volumes under existing contracts.
The gas will be delivered at Germany's virtual trading hub THE…
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[caption id="attachment_38407" align="alignleft" width="300"] Source: Adam Fagen, https://www.flickr.com/photos/afagen/45438690914[/caption]
Vopak has spent €30 million in repurposing 22 tanks at its Los Angeles terminal in California, USA, to establish a combined capacity of 148,000 m³ (39 million gallons).
The repurposing of the tanks allows a move away from traditional products to future…
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https://vimeo.com/868736087/41955e4c58?ts=0&share=copyExecutive summaryFast-forward to 2030 in just 4 weeks: HyBird explains how leading terminal operators are managing all site data and O&M from a smartphone today.In the latest instalment of Tank Talk, the experts at HyBird reveal their Clarity Digital-Twin based CMMS, with a special guest from Greenergy.Chair & speakersModerated by…
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[caption id="attachment_25586" align="alignleft" width="300"] Image: John McArthur/Unsplash[/caption]
The UK government has announced that it will dedicate £160 million to climate support for developing countries, at the UN Climate Ambitions Summit in New York. The UK will stand as a key ally with developing countries in their efforts to cut emissions.
The £160 million funding will support…
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The UK and Germany have signed an agreement to help accelerate the development of an international hydrogen industry.
Signed today at the UK Embassy in Berlin by Minister for Energy Efficiency and Green Finance Lord Callanan, and Germany’s State Secretary for Energy Philip Nimmermann, the joint declaration of intent will see the UK and Germany work together to underpin the international trade…
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Cyann Fielding talks to industry experts about how tank mapping with lasers can improve the efficiency and longevity of assets
Mapping assets can be hugely useful to help understand the inside of a tank, leading to better management. Using lasers to create these images can aid operators and workers in assessing facilities and assets better. Relying on inaccurate data can lead to incidents such…
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Alternative Environmental Technologies (AET) has announced that its design, procurement, assembly, and installation work of the initial SULFEX commercialisation project is near 70% completion.
The process is being installed at a liquid fuels pipeline terminal on the United States East Coast. Site work is planned to begin shortly.
The 1000 barrel per day (bpd) diesel desulfurisation plant design…
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Sempra Infrastructure has gained regulatory approval for the second phase of its project at Port Arthur; the expansion of the Port Arthur LNG project in the US.
The approval from the US Federal Energy Regulatory Commission (FERC) authorises the Port Arthur LNG Phase 2 expansion project under development at Port Arthur LNG in Jefferson County, Texas.
The Phase 2 project involves the addition of…
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LBC Tank Terminals has announced a collaboration with Shell Chemicals for the storage of pyrolysis oil derived from plastic waste in the Port of Rotterdam.
Strategically located in the key European logistical hub, LBC’s Rotterdam terminal plays an essential role in supporting the chemical industry and sustainable innovation by offering the required infrastructure and expertise in efficient…
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Port of Rotterdam and Port of Duisburg have announced a joint feasibility study on the combined role the two ports have to play in supporting the growing demand from the industry for hydrogen and its derivatives. It will also involve acting as a conduit between the governments, industry, and future players in the hydrogen market.
Dutch leader in ammonia, methanol and hydrogen, OCI Global, is…
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Carbon capture and storage project development and finance company, Carbonvert and operators, mineral buyers, and landowner, Castex Energy (through subdisary Castex Carbon Solutions) have announced the execution of an operating agreement with the State of Louisiana, USA to develop a 24,000 acre (97 million m2) of land situated in State waters, offshore Cameron Parish, to permanently store…
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FETSA’s executive director Ravi Bhatiani discusses the links between geopolitics, future fuels, and the digital transformation of the energy industry
IT IS a time of multiple transitions. The energy transition continues to be a top priority and FETSA has been working across multiple files related to taxation, incentivisation of hydrogen take up, the future of e-fuels and reduction of carbon…
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A new liquefied natural gas (LNG) terminal at Mukran on Ruegen Island in the German Baltic Sea should be operational from the first quarter of 2024, Gascade, the pipeline firm building its onshore connection, has announced.
Suppliers have booked 4 bcm of capacity for 10 years per annum at Mukran, where the company wants to pull together two floating storage and reception units (FSRUs) for…
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JX Nippon has announce that the Petra Nova carbon capture facility of the Petra Nova project, owned by Petra Nova Parish Holdings (a subsidiary of JX Nippon Oil & Gas Exploration Corporation) as restarted operations.
The project, which has been shut down since May 2020, restarted operations on September 5, 2023.
The Petra Nova CCUS project, which captures CO2 from the flue gas of a thermal…
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[caption id="attachment_31404" align="alignleft" width="300"] Pipelines leading to an oil refinery[/caption]
The US Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) has awarded $14.8 million (€13.8 million) in grants for pipeline safety training and technological research.
The grants, authorised under the 2020 Protecting Our Infrastructure of…
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Star Energy Advario CEO and VP of Advario Middle East, Andrew Drayton, tells Tank Storage Magazine about the Dubai terminal
[caption id="attachment_38307" align="alignleft" width="300"] Andrew Drayton. Star Energy Advario, VP, Middle East[/caption]
Star Energy Advario (SEAD) is a 50/50 joint venture between the Star Energy Group and Advario, an independent storage provider based in the…
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[caption id="attachment_31698" align="alignleft" width="300"] Liquid Natural Gas storage tanks and tanker at dusk, Port of Rotterdam[/caption]
Vopak has announced that it has reached an agreement with Infracapital on the sale of its three chemical terminals in Rotterdam (Botlek, TTR and Chemiehaven) for a total purchase price of €407 million including a conditional deferred payment of €19.5…
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AntwerpXL, the world’s only event dedicated exclusively to breakbulk, project cargo and heavy lift, will be full of opportunities to network and do business when it opens its doors from 28 – 30 November 2023.
There will be a series of networking opportunities and bonding activities at this year’s AntwerpXL, kicking off with an opening ceremony on the first day.
On the morning of day two,…
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Insights from Argus’ latest webinar on the progress across different areas of policy, demand and project advancement and the outlook for the hydrogen sector.
Argus Media recently held a webinar, hosted by Argus colleagues Aftab Siddiqui, senior product marketing manager, Tim Hard, SVP energy transition business development and editor Stefan Krümpelmann.
The webinar included discussions on…
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Cesar Espinoza and Veronica Dominguez at Rosen USA break down the essentials for ensuring smooth and effective data management and integrity
Data management refers to the process of collecting, organising and storing large amounts of data in such a way that it can be useful and easy to access, navigate, and analyse.
Facilities owners and operators now have more access to mechanical integrity…
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