News
The Rosen Group shares a successful case study of its software implementation
Rosen’s case study corresponds to a worldwide leader in energy storage and hydrocarbons movement, committed to drive a revolutionary business model.
This company owns and operates tanks and terminal facilities in multiple locations in the world with an estimated total product storage and handling capacity exceeding…
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President of Chevron Global Gas, Freeman Shaheen explains Chevron’s role in Asia’s LNG market
Worldwide, natural gas resources are plentiful, and with partnership and investment, gas can play a significant role in helping nations achieve both energy security and environmental objectives.
When it comes to supply and demand, North America and Qatar will likely continue to lead the…
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Archive edition:
Volume 19 - Issue 04
Date published: September 2023
[real3dflipbook id='14']In this issue...
Prioritising Safety for Customers & Employees
Having won gold in Safety Excellence at the Global Tank Storage Awards, Odfjell Terminals Korea shares insights into establishing an accident-free workplace
Asia's Outlook for LNG
President of Chevron…
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Asian liquefied natural gas (LNG) buyers are navigating a near-term market that is so finely balanced that any supply disruptions or demand upsides could cause significant price volatility according to Mangesh Dilip Patankar, vice president, APAC Gas and LNG Consulting at Wood Mackenzie.
Speaking on the sidelines of the Gastech 2023 conference being held in Singapore, Patanker said that the LNG…
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Venture Global LNG has announced its long-term expansion plan to increase production from 70 million tonnes per annum (MTPA) to more than 100 MTPA of nameplate LNG export capacity.
To support this initiative, Venture Global and Baker Hughes have executed an expanded master equipment supply agreement for the delivery of additional liquefaction train systems and power island systems for Venture…
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Mitsui & Co has acquired a 33.3% stake in US renewable natural gas production and sales company, Terreva Renewables.
In North America, approximately 146 million tons (160 million tonnes) of municipal solid waste per year are disposed of in landfills, where methane from organic materials is emitted into the atmosphere.
Terreva currently processes methane gas generated in landfills at five…
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Meet Mecanicas Bolea's COO and director of operations, Javier Blanco Ortega - who is also one of StocExpo 2023's Forty Under 40.
Can you give us a brief outline of your career to date?
Javier: I am senior mechanical and chemical engineer, with a Masters in HSE and in Business and Administration. Since my first job in 2006 I have been working in contractor companies, developing different…
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Mitsui & Co, Mitsui Chemicals, IHI Corporation and The Kansai Electric Power Co have announced the signing of an memorandum of understanding (MoU) regarding a joint study to establish a hydrogen and ammonia supply chain based in the Osaka coastal industrial zone, Japan.
Based on the MOU, the four companies will study the development of bases for receiving, storing, and supplying ammonia in…
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[caption id="attachment_31566" align="alignleft" width="300"] Credit: AvigatorPhotographer[/caption]
British oilfield services firm Wood Group has announced it has signed a new master services agreement and associated contracts valued at around $330 million (€305.5 million) for UK North Sea operations with Harbour Energy.
Wood will provide engineering, procurement and construction and…
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Welcome back from the summer! The Tank Storage Magazine team has been busy over the last few months putting together some very exciting content for all our members to enjoy. We're opening up some of our exclusive scoops to give you all a taster of what you can expect when you join our community.
Free Members can expect a round-up of the latest news, an exclusive interview with Vopak's Alexander…
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A leak detected in the steam recovery system at Calumet Specialty Products Partners’ Montana renewable hydrogen plant is limiting throughput until repaired, according to Reuters.
The company, which manufactures and produces specialty products and renewable fuels, said the leak was detected earlier this month and the repair is expected to be completed in late September.
The Montana plant’s…
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[caption id="attachment_29307" align="alignleft" width="304"] Image from NASA[/caption]
Hurricane Idalia is heading toward Florida's Gulf coast, posing a threat to life as the storm surges, with landfall expected on Wednesday.
‘Rapid intensification is expected before landfall, and Idalia is forecast to be a major hurricane’ when it reaches the coast, the National Hurricane Center…
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[caption id="attachment_34478" align="alignleft" width="300"] Curved stairway of base oil storage tank in the petroleum factory with blue sky. Industrial petroleum plant. Base oil for automotive engine oil and industrial oil application.[/caption]
Essar Oil can now transport and distribute middle distillate fuels at the Oikos Storage Canvey Island facility, in the UK, to serve the Thames and…
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Project Cargo Summit 2023 is back to its normalised format. As the project cargo and breakbulk industries returned to a more normal way of operating, the Summit itself is moving back from the digital platforms to a physical setting.
[caption id="attachment_38005" align="alignleft" width="300"] Project Cargo Summit - 11 september 2019 | © Verkijk[/caption]
With around 100 industry experts…
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Mhairidh Evans is research director at Wood Mackenzie and leads its global research on carbon capture, utilisation and storage (CCUS). Her team provides insight and strategic analysis on the CCUS landscape to project developers, technology providers, investors and governments.
‘CCUS projects aim to either capture and/or store CO2 that comes from the most emissions-intensive parts of…
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RegO Products has announced the launch of its new CBE504 series half-inch pressure builder-economiser regulator, which has been designed to help achieve and maintain proper pressures in cryogenic vessels, minimising the risk of product loss during their operation.
RegO's new CBE504 series replaces the existing CB504 and offers several advantages, including a more compact size and wider range of…
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Plastic Omnium has announced plans to build the largest North American hydrogen storage manufacturing plant in Grand Blanc Township, Michigan, to supply a major American automaker.
The group will design, develop and produce high-pressure hydrogen storage systems for medium and heavy-duty zero emissions mobility. In addition, a state-of-the-art validation and prototyping lab will be commissioned…
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Mitsui & Co has agreed with Celanese, a leading American chemical company, to acquire a 70% stake in its wholly owned subsidiary Nutrinova Netherlands. The purchase price for the shares is $472.5 million (€437.9 million). Following the acquisition, Nutrinova will become Mitsui's equity method affiliate. The share purchase will be executed within the fiscal year ending March 2024 after the…
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International versatile energy provider, Banpu, has taken another big step forward in the carbon capture, utilisation and storage (CCUS) project in the US. This follows the initiatives of the Barnett Zero and the Cotton Cove projects.
The company recently entered into a carbon sequestration agreement with the State of Louisiana, referred to as the High West project. This supports Banpu’s goal…
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The conference at AntwerpXL, the world’s only event dedicated exclusively to breakbulk, project cargo and heavy lift, and is fast becoming a must-attend for industry professionals.
Returning to Belgium this November, AntwerpXL’s conference will cover the most pressing global themes with talks from the industry’s leading lights.
Day one features sessions including:
Project Cargo –…
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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/