News

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_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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[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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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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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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Stolthaven Terminals sparked the interest of onlookers and local media in New Zealand when it floated two 225 tonne tanks down the coast of the North Island to its storage terminal at Mount Manganui. [caption id="attachment_37994" align="alignright" width="300"] Mount Maunganui, New Zealand[/caption] The empty tanks – measuring 25 m in diameter and 16 m in height – were hard to miss. Built…
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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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Climate technologies are driving down emissions, safeguarding future energy supplies, and advancing the cause of a just energy transition in the developing world. According to estimates from Singapore’s Nanyang Technological University, they could reduce global CO₂ emissions by 40%. Climate technology is a critical component of the world’s decarbonisation efforts and, in recognition of…
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TotalEnergies has signed an agreement with CapeOmega Carbon Storage AS, a wholly owned subsidiary of CapeOmega AS, to acquire the 40% participating interest held by CapeOmega in the CO2 storage exploration license ExL004 (the ‘Luna’ project). Located 120 km offshore Bergen, Norway, in 200 m water depth, ExL004 covers an area of 453 km². It is adjacent to the license where the Northern…
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Technology group Wärtsilä has completed construction at the Torren Islands Grid Scale battery energy storage system (ESS) with AGL Energy Limited, one of Australia’s leading integrated energy companies. The 250-megawatt (MW) / 250 megawatt-hour (MWh) ESS installed at Torrens Island in South Australia is the second-largest operational battery in the country. The project delivers a major step…
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[caption id="attachment_21747" align="alignleft" width="300"] THE ENERGY TRANSITION & THE MARKET[/caption] Marathon Petroleum’s former refinery in Martinez, California, USA has been repurposed to produce renewable diesel through the company’s joint venture with Neste. The Martinez Renewable Fuels Facility is currently operating with a capacity of 260 million gallons per year. Additional…
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Steam Traps, common yet essential components in the process industry, are too often prone to failure, leading to wasted energy and increased costs. To prevent these issues, steam traps must be monitored regularly to detect and address malfunctions. Traditional steam trap monitoring methods involve manual inspection and testing, which can be time-consuming, labour-intensive, and, unfortunately,…
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Molasses marketing and trading, UM Group has announced that two companies with the group have taken steps towards becoming more sustainable. UM Argos Feed in Hungary and UM Tameco in Belgium have installed solar panel arrays at their respective facilities. The solar panel projects form an important part of UM Group’s sustainability strategy which was launched earlier this year. The 44 kWp…
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Stolthaven Terminals has announced that its terminal in Dagenham, UK has achieved the ISCC - International Sustainability and Carbon Certification, an internationally recognised standard in the biofuels and energy industry that demonstrates the fuel, bio-based feedstocks and renewables stored on site meet defined sustainability criteria. Gary St Pier, Stolthaven Dagenham's operations excellence…
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Understanding the environment and working with it are part of everyday operations for Circor. Its award-winning Houttin Energy Recovery Valve (ERVC) controls flow in an accurate, fast and stable way, without being influenced by fluid densities and pressures. It also recovers the hydraulic energy wasted by conventional control valves, producing electrical energy in the process. This kind of…
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